News & numbers


A snapshot of Europe €150 billion


Estimated value of the European medical device market


27.3%


of the world market


43.5% of the world market European medical device market growth rates 2009 – 2021


Under the (EU) 2017/745, or the so-called ‘Medical Devices Regulation’ (MDR), devices are classified into 4 classes following a risk-based classification system, which links the class of the device to the potential risk posed to the public’s or individual’s health as a result of a fault of performance.


Class I


(e.g. simple bandages or wound care products)


Class IIa


(e.g. syringes for pump infusion)


15% 10% 5% 0% -5%


MedTech Europe’s 2022 report 'The European Medical Technology Industry in figures provides insight into the state of the European medical device market, including the size of the market broken down by country and the fluctuations in growth experienced since 2009.


Medical technology employment in Europe – Top 10


Germany – 235,000 Italy – 112,534 UK – 106,500 France – 88,000 Switzerland – 63,000 Ireland – 42,000 Spain – 29,000 Sweden – 27,000 Belgium – 17,800 Denmark – 16,500


2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021


European medical technology growth rates by sectors Class IIb (e.g. anaesthesia machines)


Class III (e.g. pacemakers)


20% 15% 10% 5% 0% -5% -10%


2017 Dental products growth Orthopaedics & prosthetics growth 2018 2019


Diagnostics imaging growth Consumables growth


2020 2021 Patient aids growth Other medical devices growth Source for all figures: MedTech Europe’s 2022 report The European Medical Technology Industry in figures, except medical technology by sector growth chart from: Fitch Solutions, 2022, Worldwide Medical Devices Market Factbook 2021. Medical Device Developments / www.nsmedicaldevices.com 15


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