Innovation Financing in the European Medical Device Sector is prepared as part of the InJection network, a European Commission/DG Enterprise & Industry Europe INNOVA program, funded by the 6th Framework Programme. The European market for medical devices is the world’s second largest market for these devices, valued at more than EUR 41bn. The medical device sector is one of Europe’s strategic industries based on the number of leading medical device firms situated in Europe that have a long history of research, development and innovation. The sector includes in excess of 7 000 firms and institutions, of which more than 70% are SMEs.

Access to capital for innovation and R&D acts as a barrier to innovation in the European medical device sector and has had a negative influence on European growth. The aim of the report is to identify innovation-financing sources for the European medical device sector and to provide a comprehensive overview of the direct, indirect and alternative innovation financing sources for this sector in order to analyse missing links in the financing of innovation in Europe.

Dr. Jakob H Rasmussen
T: +45 307 117 60
PO Box 135
DK-1004 Copenhagen
Denmark
injection@livinglabs-europe.com