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The GMTA and Entry Strategies for Medtec Innovations in the German Market. Dr. Detlev Langmann AKM Innovationsmanagement GmbH. Medical Technology Markets. Global market 2008: €bn 220 total revenue By region 1) US €bn 85 2) EU €bn 65 By country 1) US 2) Japan 3) Germany.
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The GMTA andEntry Strategies for Medtec Innovationsin the German Market Dr. Detlev Langmann AKM Innovationsmanagement GmbH
Medical Technology Markets • Global market • 2008: €bn 220 total revenue • By region • 1) US €bn 85 2) EU €bn 65 • By country • 1) US 2) Japan 3) Germany
Medical Technology Markets • EU market • CE Marking • conformity with essential health and safety requirements within European Economic Area (EEA) • declaration by manufacturer + acceptance by a European authorized conformity assessment body • Germany established largest market • twice the market volume of France • three times the market volume of Italy or UK, resp. • MPG - Law on Medical Devices applies
Medical Technology Markets • German Health Care Economy • 10.6% of GDP • annual revenue of €bn 245 • Medical devices sector €bn 22
Competition • Germany • 1200 companies with more than 20 employees • 9% R&D investment of total sales revenue • Gov. “Medical Device Action Plan” • support for intelligent implants, innovative rehabilitation methods, imaging and regenerating medicines • Germany 2nd after the U.S. for new medical device patents • e.g. in 2009: 20% of 134.542 EPA patent applications
Competition • Germany • 1/3 of total business revenue from products not more than 3 years old • 400.000 new products in 2009 (TÜV CERT Nord)
Germany • Market conditions • Open and transparent market • principle of freedom for foreign trade and payment • Reliable logistics, communications, and energy infrastructure • Competitive labor costs and flexible working practices • Overall corporate tax burden 22.83 ~ 30%
i.e. the EU countries paved the way for • faster and • less burdensome routines to product launch and hence cash flows!
GMTAGerman Medical Technology Alliance National Structure for Research and Transfer of Medical Technology
MedTAC: Services • Medical Test and Application Center (MedTAC) • One-stop shop service for cardio-vascular innovations • “Putting Ingenious Ideas in Vivo ” comprises the entire process from • Device specification • 3D-CAD/ CAM • Screening of Materials and bio compatibility testing • Fluid dynamics simulation (&FEM) • Rapid Prototyping & Manufacturing • Laboratory testing on durability • Pre-clinical testing
MedTAC: Customer Value • One-stop shop service for cardiovascular innovations • Significant time-to-market reduction by seamless process coordination • High service reliability and quality assurance by certified partners
Outlook 2012 • ForSaTum-Service Business Unit
Summary Germany is a fertile ground for Medtec innovations R&D infrastructure and top-notch innovation climate Significant European medtech market hub GMTA Your Early Facilitator for Research and Transfer of Medical Technology One-stop shop for hands-on innovation services MedTAC ForSaTum-Service BU
Chairman • Mr. Stephan Albani • Email: s.albani@hoertech.de • Tel. +49 441 2172 100 • APAC contact: • Dr. Detlev Langmann, MEDICA Hall 3/ C80 • Email: d.langmann@akm-aachen.de • Tel. +49 241 5652 8981