TforG will be attending EUS – Endo 2017, the International Live Course event in Marseille on the 28th – 29th September 2017, and the 25th UEG Week on the 28th – 30th October 2017, in Barcelona.
The US, Japan and the EU are the world’s largest medtech markets. Patients have comparable buying power and they can rely on a widely available and high quality healthcare (HC) system. At the same time, the markets differ substantially in regards to care provision culture and business dynamics.
It is widely accepted that new technologies are responsible for both rising healthcare (HC) costs as well as for improved clinical outcomes. Research shows that there are substantial differences in how new products and techniques gain access to different markets, such as those in the US, Germany and Japan.
Comparing Purchasing Processes for Surgical Devices and Medical Equipment in the US, Japan and Germany
The US, Japan and Germany are the world’s largest medtech markets. Together they account for around €210 bn, or almost half of the global market. Each nation has a slightly (or vastly) individualized approach to procuring the medtech used in their healthcare system; i.e. there are varying weights granted to the participating stakeholders and decision […]
In this article, we will compare the US (with around 325 m inhabitants), Japan (130 m) and the largest European market, Germany (85 m), in terms of surgical practices, and assess the effects of the differences between these countries on the respective medtech markets.
Healthcare spending in Germany as a percentage of GDP in 2015 was 11.08%, equivalent to €4,029 per capita. Its healthcare system is largely financed by a statutory health insurance program, facilitated through over 120 public health insurance funds (Krankenkassen) that reimburse contracted public and private sector providers. This article will provide an overview of the […]
The increasingly aging population throughout Europe has become an area of concern with wide implications in many areas including healthcare, fiscal sustainability and the general economy. Many countries that are currently undergoing this demographic change have had to make national policy changes in the areas of education, social protection, the labor market as well as […]
As part of our ongoing exploration into the field of medical market research, TforG has begun to look into the different means of communication in this field with a particular focus on the Medical Device Industry in Europe (EMEA).
Understand how the Euro crisis and governement initiatives have impacted hospital spending. TforG has recognized 3 distinctive phases that describe what’s happening in the MedTech sector and how we expect the market to develop in the near future.