Medical Technology: Electromedicine Driving Healthcare

Posted: 5 Sep 2015

See all articles by S. Heng

S. Heng

Baden-Wuerttemberg Cooperative State University

Date Written: January 16, 2013

Abstract

Innovative products form the foundation for the international success of electromedical technology in Germany. This is shown both in the strong sales achieved by the German medical technology segment compared with other industrial countries and the export share of more than 70%, which even surpasses the already high average for the electrical industry. Innovations in Germany benefit from positive general conditions, especially in terms of infrastructure and the pool of skilled labour. The segment plays a pivotal role in the healthcare business, driving employment and growth.

Close links between medical technology and innovative sectors. The segment with its products and solutions for clinical challenges is a key component of modern healthcare infrastructures. Electromedical systems will help to achieve further quality improvements and reduce costs by optimising processes in hospitals and beyond. They thereby respond to demographic shifts and the resulting new care requirements. In addition to the inpatient and outpatient sectors a third pillar is emerging of mobile care/home care.

Keywords: Innovation, electrical engeneering, medicine, electromedicine, technology, health care

JEL Classification: L63, O3, O31, L80, H51, I11, I12, I18

Suggested Citation

Heng, Stefan, Medical Technology: Electromedicine Driving Healthcare (January 16, 2013). Available at SSRN: https://ssrn.com/abstract=2656605

Stefan Heng (Contact Author)

Baden-Wuerttemberg Cooperative State University ( email )

Coblitzallee 1-9
Mannheim, Baden-Wuerttemberg 68163
Germany
+49 621 4105 1183 (Phone)
+49 621 4105 1245 (Fax)

HOME PAGE: http://www.mannheim.dhbw.de/profile/heng

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