Wellington, 19 October 2021 (TDI): New Zealand ranked third in exporting ‘Oxygen’ and Respiratory therapy equipment to Germany. The claim was made by a report on ‘German Medtech and digital health market’.
The German Health Sector in transition: challenges & opportunities for Medtech report, was released in MEDICA trade show in Düsseldorf.
Germany has a huge health market. It spends 12% of GDP on health and report remarks it a stunning success.
NZ is Germany’s third largest provider of imported oxygen and respiratory therapy equipment. A new report looks at the German medtech and digital health market ahead of the world-leading MEDICA trade show in Duesseldorf.
Read here ➡️ https://t.co/NvJLehaNN1 pic.twitter.com/BYrqZeStji
— New Zealand Ministry of Foreign Affairs & Trade (@MFATNZ) October 19, 2021
The import of pharmaceutical products increased in the previous decade. There was a decline last year. German Medtech industry hopes to revive the trend, this year.
New Zealand’s Ministry of Foreign Affairs and Trade in a tweet mentioned that their country is third largest exporter of Oxygen and Respiratory therapy equipment to Germany. Report concluded with the innovation in people’s minds after Covid-19 which increased public awareness, even the health budget was shrinking after pandemic.
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