Innovation and Technology Saving Lives

The medical technology sector in Germany is strongly characterized by growth, innovation and intensive use of technology. It provides a substantial contribution to efficient health care. However, enterprises are facing ever more government regulations, increasing complexity and growing costs in long-term development processes.

Utilization of technology is welcomed in medical technology as in hardly any other sector. Since these products do not only improve the quality of living but even save and sustain lives in many cases. However, the development of such medical technology products causes difficulties for enterprises owing to the very short product life cycles of less than 3 years required in many cases. The overall development process – from the very first idea to the final medical product – tends to become longer, more complex and often more cost-intensive.