Watch Out USA: Germany Wants Your Medtech Business.

World News Report has covered a missive from Germany’s Trade and Invest agency in advance of the¬†World Forum for Medical Devices in Kansai, Japan. The article can be found here, and its core message is that Germany’s Medical Device industry is flourishing, with a growth rate of 10% in 2011 and export growth of 12%. In fact the healthcare industry in total is already larger than the country’s automotive industry in terms of GDP.

“Bring your medtech company to Germany”

Gabriel Flemming, medical technology expert at Germany Trade & Invest states¬†“Demographic developments are changing the way we do business, and medical devices are a key innovation driver. Generous R&D grants and commercialization assistance are available for international companies in Germany.”

“Innovative companies come to Germany to serve the entire European market from a central location”

Germany Trade & Invest has representatives at this year’s World Forum for Medical Devices in Kansai which is taking place right now, to share the latest business opportunities in the country.

Source:Ein News;World News Report