Healthcare Industry

• Nº 3 in health expenditures worldwide: 11.3% of GDP (total 2007: EUR 248 billion, Statutory Health Insurance system 2007: EUR 153.62 billion)

• revenues (2007): Pharmaceuticals EUR 31.15 billion, Medical devices EUR 17.3 billion, Biopharmaceuticals EUR 4 billion
• export ratio (2007):  Medical devices 64% , Pharmaceuticals 56%
• 4.26 million employees in the healthcare sector
• 21,500 pharmacies, 3,407 hospitals and prevention and rehab institutions, 809 HMOs, 45 university hospitals, 11,000 medical device companies, 1,045 pharmaceutical companies, and  500 biotech companies

MARKET - Germany's healthcare industry ranks as Europe's largest. From 1996 to 2006, health expenditures rose from EUR 195 billion to EUR 248 billion, corresponding to a total growth of 27 percent - 3 percent higher than the increase in GDP. Germany has 82 million inhabitants, and the country’s ageing society is a growth driver for the healthcare industry.

INDUSTRIAL INFRASTRUCTURE - Nearly every German citizen benefits from health insurance. About 89 percent are covered by one of the public insurance providers, while about 9 percent choose a private system. The challenges of an ageing society are met by players in fields such as generics and health management - these sectors are also fostered by the health reforms recently passed by the German government.

PERSONNEL - Germany's healthcare industry employs 4.26 million highly skilled people, including doctors, engineers, chemists, physicists, mathematicians, and pharmacists. In addition, 79,847 medical students and 73,500 graduates in biology, chemistry, and medical engineering are ready to work for you.

R&D - Maintaining Germany's high level of healthcare quality, while at the same time keeping the healthcare system affordable, is a declared goal of Germany's health policy. Innovative products and technologies "Made in Germany" contribute to this goal. 

INCENTIVES - The government's "High-Tech Strategy" supports innovation in the sectors of biotechnology, pharmaceuticals, and medical devices. From 2006 to 2009, funds totaling EUR 1.23 billion will be made available.

PHYSICAL INFRASTRUCTURE - We offer an extensive and comprehensive logistics infrastructure that integrates state-of-the-art transportation networks with the most modern telematics, IT, and telecommunications systems.

STABLE INVESTMENT ENVIRONMENT - Social, economic, and political stability provide a solid base for your corporate projects. Our judiciary and civil services are highly professional. Contractual agreements are secure, and intellectual property is strictly protected in Germany.

• Healthways, Inc.