The medical technology sector in Germany is facing profound change. Strict regulatory requirements, rising costs for certifications and an increasing shortage of skilled workers are putting small and medium-sized enterprises (SMEs) in particular under pressure. At the same time, technological innovations, digitalization and new market potential are opening up opportunities for companies that adapt strategically. This article sheds light on the current challenges, highlights possible solutions and provides an outlook on the future of the medical technology sector.
Medical technology companies in Germany continue to face major challenges. Medium-sized companies in particular are struggling with the high regulatory requirements of the MDR and IVDR. Although the regulations have been in force for several years, there is still a lack of practical adjustments to relieve the burden on small and medium-sized enterprises (SMEs) in particular.
According to a recent survey by the German Medical Technology Association (BVMed), 78% of medical technology companies complain that the MDR is causing considerable additional work. As a result, innovations are being made more difficult and many companies are having to reduce their product portfolio because the costs of certification are too high.
The medical technology sector is a key economic factor in Germany. Around 93% of all medical technology companies are SMEs, which make a significant contribution to gross value added. With an annual export share of around 67%, German medical technology is one of the world's leading providers of innovative solutions. In order to maintain this position, industry representatives are calling for better support from economic policy.
In addition to regulatory hurdles, the shortage of skilled workers poses a further challenge for medical technology companies. Highly qualified specialists are particularly sought after in the areas of regulatory affairs and quality assurance.
As traditional job advertisements often do not lead to the desired success, many companies rely on specialized recruitment consultancies. The experts at BESTMINDS support medical technology companies in their search for highly qualified specialists and managers with in-depth knowledge of the industry. Fair, loyal and discreet, our recruitment consultants will meet your challenges and requirements. Contact us for a no-obligation initial consultation to fill your new position promptly.
In addition to the current challenges, there are also opportunities for medical technology companies. Increasing digitalization, personalized medicine and robotics are opening up new markets. Companies that focus on innovative technologies at an early stage and enter into strategic partnerships can benefit from these developments in the long term.
