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MedTech Outlook | Tuesday, September 27, 2022
Technology clusters can offer many advantages for business, from making it cost-effective to research collaboration, which has paved the way for the emergence of many European medtech centres.
FREMONT, CA: Many questions arise when measuring the success and purpose of a medical technology cluster to identify the most critical medical technology cluster. It includes deciding whether to find the cost generated or efficiency benefits for residents, the high concentration of MedTech companies in a region sufficient to constitute a cluster, whether it needs large-scale cooperation between local companies, etc. However, an ideal cluster will consist of elements like an excellent manufacturer and supplier backbone, access to first-rate clinics, universities, and research facilities, easy access to funding, and several technology start-ups.
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The Grand Est Region in France
The Grand Est area of France is a centre of two world-class MedTech clusters with their learning factory training centres, campuses, and incubators. These clusters specialise in keyhole surgery and medicinal implants, and the medical micro-techniques cluster in Franche-Comté generates annual revenue of 932 million euros.
These MedTech clusters comprise over 150 MedTech companies and five new MedTech start-ups a year in this small region. The clusters focus on research in several strategic domains, including robotic keyhole surgery and robotics in general, implantable medical devices, simulation and modelling tools, drug delivery, and neuroscience. Biocluster helps companies set up collaborative projects, from design to end products, and easily raises funds and finds new business.
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Medical Valley Nurnberg in Germany
Medical technology is one of the most important industries around Nurnberg, and established the first medical imaging companies in the region. Today, there are 190 medical technology companies active in the cluster, with more than 16,000 employees. The area is filled with technology pioneers in computer tomography, interventional diagnostic imaging, refractive surgery with lasers, magnetic resonance tomography, lithotripsy, endoscopy treatment systems, sensors, medical information systems, and hi-tech implants. Many highly specialised SMEs supply electronics and microsystems technology, information and communication technology, optical engineering, and new resources to the MedTech companies.
The companies benefit from the close cooperation with 40 hospitals treating over 500,000 patients yearly and over six professorial chairs related to medical technology. Moreover, 20 research institutes collaborate in the cluster's current 45 joint R&D projects, and the common research results are in 110 patents and over 220 scientific publications. This cooperation also helps to save costs for MedTech businesses in the area.
Emilia-Romagna, Italy
One of the most industrious regions in Italy, Emilia-Romagna, is amongst the areas where companies emphasise operating in the medical technology industry. The region specialises in disposable production and engineering for infusion, transfusion, and dialysis. As a result of a series of earthquakes and damage to almost 70 per cent of the medical technology companies, there was a slashing in public spending on medical devices approved earlier in the stability law. This posed severe challenges to the industry in Emilia-Romagna, causing a tight economic contraction in the sector.
Currently, Emilia-Romagna is home to 392 corporations functioning in the medical technology industry. Medtech companies in the region are primarily active in medical instruments for diagnostics and treatment, technical equipment, and IVD. There is also a rapidly increasing number of medical IT companies in the region.
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