Research and Markets : Germany Is the Third Largest Medical Device Market in the World Accounting for 6.8% of the Total World Market

Research and Markets (researchandmarkets.com/reports/c14881) has announced the addition of Germany Medical Market Intelligence Report to their offering.

Dublin (PRWEB) April 3, 2005 -- Research and Markets (http://www.researchandmarkets.com/reports/c14881) has announced the addition of Germany Medical Market Intelligence Report to their offering.

Germany is the third largest medical device market in the world behind the USA and Japan, accounting for 6.8% of the total world market. Germany has a history of producing high quality medical equipment. Approximately 80% of domestic production is exported.

Most equipment imported into Germany is sold through foreign sales subsidiaries. Considering the size of the German market, there are comparatively few specialist importers in the medical field, which tend to only cover a particular region.

Medical equipment procurement is decentralized, with most purchasing conducted by individual hospitals or independent doctors. The larger municipal and university teaching hospitals are obliged to purchase equipment through public tender.

Recent IMF data suggests that German economic growth is minimal, which is also slowing growth in other European countries. By virtue of the size of the German economy, it would appear that instead of the German economy being stimulated by others, it is having the opposite effect.

This report is ideal for executives wanting to understand the key drivers in the medical market and have access to a wealth of statistical data. The report comprises four main sections: Medical Device Market Outlook, Background Data, Healthcare System, and Accessing the Medical Device Market. The outlook section provides analysis of the market and five-year forecasts by technology category, national data projections and key market developments.

Other sections provide a wealth of background and market access information, including population trends, morbidity and mortality, health expenditure, organization & administration, hospital services, ambulatory care, medical personnel, trade data and essential industry contacts.

Report sections are dynamically updated, being re-issued when market developments demand it.

For more information visit http://www.researchandmarkets.com/reports/c14881

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.com
Fax: +353 1 4100 980

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