02/12/2010

PIE - News-Ticker on Plasteurope.com

Medical technology: German sales suffer from weak exports in 2009


2009 was a mixed year for German medical technology producers. According to estimates by Spectaris (Berlin / Germany; www.spectaris.de), the association representing the German high-tech industry, sector sales receded by 3%. Previously the main growth drivers, exports dropped sharply as a result of the recession. From January to October 2009, exports to all major regions were lower than those of 2008.

Sector experts blame financing problems for the decline in business experienced by German medical technology firms. Many major investments were postponed to a later date.

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