Health Care Industry

Health Care Industry Outstanding medical engineering, innovative pharmaceutical companies and modern biotechnology – Baden-Württemberg is one of the top locations of the European health care industry. In the Federal Republic of Germany, Baden-Württemberg is one of the top regions for companies that are active in the health care industry. The state is the largest location for medical engineering and the pharmaceutical industry, as well as being the second largest biotechnology location in Germany. Moreover, Baden-Württemberg leads the way in the production of herbal and homoeopathic medicines. In the southwest, 1,054 companies operating in the areas of medical engineering, pharmaceuticals and biotechnology employ a total of 83,924 people (2014) and engage in production, research and/or development. In 2014, these companies together reported a taxable turnover of 23.35 billion euros. The health care industry is an attractive foreign trading partner and the third largest exporter in Baden-Württemberg. What all three sectors have in common is their above-average expenditure on research and development. There are also numerous material suppliers and service providers active on their behalf. The good network of suppliers, users, provider and sellers in the state ensures optimum utilisation of all resources along the value-added chains.