MedInsight: Online German medtech market info available in English

Published: 01/30

BERLIN, GERMANY - (HealthTech Wire) - MedInform, the information and seminar service of BVMed (Bundesverband Medizintechnologie e.V.), the German Medical Technology Association, now publishes an on-line monthly English-language backgrounder on the German medical devices market called “MedInsight Germany.” The publication describes and analyzes developments in German federal health policy in terms of their effect on companies operating in the medical device field.

Additional MedInsight features include documentation, staff reports, and dates. Topical highlights are health policy, the DRG system, health technology assessment, and medical product reimbursement. More information on the service can be obtained at www.medinsight.de. Those interested should apply to this address for a free sample issue.

Basically a monthly publication, MedInsight appears 10 times a year in electronic format, and consists of around 15 pages per issue. Its authors are the German medical technology experts Joachim M. Schmitt and Manfred Beeres and co-editor Sarah Smiley from the US industry association AdvaMed.

The raison d’être for MedInsight is the fact that the business of healthcare, and with it the medical equipment industry, is increasingly in the public eye. Dynamic growth foreseen in this sector is expected to generate more than a million future jobs.

The world market for medical technology amounted to around €200 billion in 2006. The European market, at €60 billion, is the world’s second-biggest market after the USA (€85 billion). At €21 billion, Germany is the world’s third-leading national market after the USA and Japan (€25 billion) and Europe’s largest market by far.

Foreign companies’ need for information about the German market is correspondingly great. MedInsight, as an extensively detailed analytical information medium in English, is intended to assist them in this regard.