Several French Healthcare companies showcased their innovations and technologies at Medica & Compamed on 16-19 November 2020.
FRANCE: #2 IN EUROPE FOR MEDICAL DEVICE
The French medical device market is the second largest in Europe after Germany (MedTech Europe, 2019). The medical device industry covers products in a wide range of therapeutic and operational fields, ranging from syringes and MRI scans to in vitro diagnostics.
MANUFACTURERS AT THE CUTTING EDGE OF INNOVATION
France has 1,502 businesses in the medical device sector, 93% of which are SMEs, generating revenues of €30 billion, including €9 billion in exports. Nearly 90,000 people work in the sector in France, including 50% for subsidiaries of foreign businesses. More than two-thirds of firms are innovative, and 13% are exclusively dedicated to research. France is ranked fifth worldwide for the filing of European and international patents in the medical device sector, with 3,750 patents per year (SNITEM, 2019).
AN ATTRACTIVE AND ACTIVE ECOSYSTEM
Nine innovation clusters are contributing to the emergence of R&D projects in medical technologies. Examples of support structures in the sector include business clusters (Medical Technology Center, À l’Ouest des Dents), clusters (I-Care), technological centers (Haute-Champagne Technology Center, Temis in Besançon) and associations (BioMedical Alliance).
MEDICAL EXCELLENCE
France is a pioneer in the launch of an artificial pancreas device, developed by the Grenoble-based company Diabeloop. What’s more, in 2018, the Necker Hospital teams performed a complete tracheal reconstruction under cardiopulmonary bypass surgery on a 12-year-old child using a tubular graft, the first of its kind in the world.
INNOVATIVE STARTUPS
The French medical device industry is home to many innovative startups, including Urgotech, whose brain training solution to relearn how to sleep received an Innovation Award at the CES 2019. Moreover, the Paris-based startup Wandercraft has developed Atalante, an exoskeleton that restores independence and mobility to people in wheelchairs.
2020 DELEGATION
