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Medical Device Start-Ups in Germany

Despite the important role that French, German, and other European physicians play in developing and trialing new technology, and the equally important role that EU regulators play in offering a quick path to commercialization, the number of native European medical device companies is surprisingly small. There are hints that the bleak devicie picture might be brightening, however.

Given the relative closeness in size between the US and an aggregated European marketplace--and the clinical and regulatory importance Europe plays in medical device development globally--one would assume that there would be a similar parity in the size of the medical device industries of both geographies. But measured by almost any standard—and particularly against that of the US--the record of the European medical device industry would have to be deemed a failure when it comes to at least one area: the number of medical device start-ups launched.

Indeed, it is one of the curious things about medical devices: despite the important role that French, German, and other European physicians play in developing and trialing new technology and...

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