Eucomed represents 4500 designers, manufacturers and suppliers of medical technology used in the diagnosis, prevention, treatment and amelioration of disease and disability. Eucomed members include national trade and pan-European product associations and internationally active manufacturers of all types of medical technology. The mission of Eucomed is to improve patient and clinician access to modern, innovative and reliable medical technology. Read more...
It alleviates pain, injury and handicap. Its role in healthcare is essential. Incessant medical technology innovation enhances the quality and efficacy of care. Billions of patients worldwide depend on medical technology, at home, at the doctor’s, at hospital and in nursing homes. Wheelchairs – pacemakers - orthopaedic shoes – spectacles and contact lenses - insulin pens - hip prostheses – condoms - oxygen masks - dental floss - MRI scanners – pregnancy tests - surgical instruments - bandages – syringes - life-support machines - tissue engineered skin for burns or ulcers - More than 500,000 products (10,000 generic groups) are available today. Medical technology represents less than 7% of total healthcare expenditure in Europe – a modest share if you consider the benefits for every member of society.
See a complete overview of our members' products.
The user training and technical support we provide are often indispensable. Feedback from doctors, nurses and patients enables us to constantly perfect our technology. Our products have an average lifecycle of only 18 months before an improved product becomes available. Small and medium sized companies make up more than 80% of this sector. The European medical technology industry invests some €5.8 billion in R&D and employs near to 530,000 highly skilled workers.
For more complete data, download the Eucomed Medical Technology Brief.
Eucomed actively engages with the EU institutions and regulatory bodies to encourage a positive public policy environment which is supportive of continuous innovation in medical technology, allowing the sector to optimise its value to patients and society.
Eucomed’s stakeholder relations are built upon partnerships with patient groups and medical associations and upon proactive high profile European events, such as the MedTech Forum -all of which is supported by a range of communication tools and ongoing engagement with media.
Eucomed’s initiatives on health economics provide insight into the value of the medical devices sector by delivering accurate data to all stakeholders on the impact of funding and reimbursement systems, emerging trends such as the growth of homecare and the industry.
Eucomed has developed a leading Code of Business Practice, which is implemented by members and is regularly reviewed and updated.
Eucomed represents the European medical technology sector in international forums, such as the Global Harmonization Task Force (GHTF), and liaises with representative bodies from the US, Japan, China, India, and Brazil.
