Business France has published a Healthcare Book and updated its series of kits promoting the French healthcare sector for BIO 2019, the biotech trade show, which took place from June 3-6 in Philadelphia, United States.
The healthcare sector is an important part of the French economy. This highly international industry generates half of its sales from exports, with France now the fifth largest exporter of pharmaceuticals in the European Union. What’s more, France is second in Europe with 720 biotech companies, the vast majority of which are SMEs and startups.
The medical devices sector comprises more than 1,300 businesses (including nearly 900 innovative SMEs in MedTech and diagnostics), of which 92% are micro-enterprises and SMEs. These businesses generate revenues of nearly €30 billion and employ 85,000 people. The number of companies rose sharply between 2011 and 2017, from 1,080 to more than 1,340.
Ranked fifth in the world and second in Europe for both medicinal products for human use and medical devices, France has always been at the forefront of innovation in the healthcare sector. More than 3,000 businesses make up this key industrial sector in France, generating revenues of nearly €90 billion.
Whether it’s an online medical appointment booking platform, a telemedicine booth, or pioneering cancer treatment, the French healthcare sector is winning.
Find out more about France's healthcare sector in six subject areas:
Business France’s kits are designed to promote the French economy and French products and businesses abroad.