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More than 1,340 companies in the French medical device sector !

Lyslie Legendre - 01-août-2017 12:22:15
Did you know that there are more than 1,340 companies in the French medical device sector, generating revenues of €28 billion? Did you know that France is the fifth largest market in the world for human medicines, and the second largest in Europe ! In a country reputed for its food and lifestyle, it’s not surprising that health is serious business that gets a lot of attention. France has a community-based healthcare system consisting of 350,000 healthcare professionals, 3,111 hospitals (1,416 public sector, 683 privately run non-profit hospitals and 1,012 private clinics), France is ranked fourth among OECD countries for the number of hospitals per inhabitant and is the top OECD country for access to healthcare. France is also ranked fourth in the world for medical facilities and technology, covering products and equipment in a wide field ranging from syringes and in-vitro diagnostics to MRI scanners. There are over 1,340 medical equipment and facilities providers in France earning €28 billion in revenues. Over half these providers are also engaged in R&D. Moreover, 92% are SMEs, helping France to export medical products worth €8 billion per year. For example, Alcis, based in Besançon (Bourgogne-Franche-Comté region), may not be as well known as the Vauban citadel, but the heart valves and catheters the firm produces are sold throughout the world. Alcis employs 25 people and earns over half its US$2.7 million revenue abroad in the Chinese, American, Canadian and Brazilian markets. France is the fifth largest world market and the second largest European market for medicines. In 2015, revenues from pharmaceutical products exceeded €53 billion, nearly half of which came from exports. France’s dynamic and innovative pharmaceutical industry can boast about one of the biggest R&D spends in the French private sector, accounting for 9.8% of revenues of all pharmaceutical companies. France has every justification to be proud of Sanofi, a French company ranked third in the world that spends €5.2 billion on R&D. People say the French are ageing, and they’re right: the number of people aged 60 and over is due to rise from 15 million today to 20 million by 2030, while the number of people over 85 is expected to rise from 1.4 million to 4.8 million by 2050… all of which promises to be a boon for France’s burgeoning Silver Economy! France has dynamic companies fiercely competing to come up with innovative solutions for new customers in this market worth €93 billion in 2013 that is expected to hit €130 billion by 2020 (up 5% per year). French creativity has also been noticed by the reputed MIT Technology Review, which showcases the innovative capacity of up-and-coming entrepreneurs, scientists and researchers in a variety of sectors every year. Ten French innovators were singled out in 2016, three of them in the Health Tech category, including synthetic biologist Xavier Duportet, winner of the 2013 “Worldwide Innovation Challenge”. At his Biotech PhageX startup, he is working on smart antibiotics for microbiome precision editing (eradicating only antibiotic-resistant bacteria while leaving useful bacteria untouched). If he achieves his goal, he will have found the answer to the huge antibiotic resistance issue the World Health Organization says is the most serious threat of the 21st century.   So yes, the French health industry is in great shape, best epitomized perhaps by the cutting-edge French medical innovation that created the world’s first artificial heart designed by Carmat: proof, if any were needed, that tomorrow’s healthcare is already a reality in France today! Source : Creative France

THE STORY BEHIND CREATIVE FRANCE

Kim Hwa KHOO - 30-oct.-2015 03:18:16
Créative France is the story of accentuating the ‘creative’, both literally and figuratively. It’s the story of a different approach, of the spark ignited by phrases and by words and images. It’s the story of an airliner that gains a second deck, of a coding school that becomes a nexus for learning, of a pastry that is coveted like a precious jewel. It’s the story of a strong visual identity that is at once bold, elegant, prominent, modern, dynamic, surprising, flexible and unifying. It’s the story of a creative, unconventional campaign that highlights our country’s full range of strengths, skills and savoir-faire. And for good reason – France is at the forefront of technology, design, industry and education, to name but a few sectors. It’s the story of France today: solid fundamentals enhanced by an outstanding ability to innovate and a constant push to break new ground. Equal parts playful and serious-minded, France bucks convention while reaching for the top. France has appeal… and creativity!   For more information on Créative France, please visit:   http://creative.businessfrance.fr/
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Welcome to the French Trade Commission – Business France office in Malaysia! “Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners.” As a member of the French diplomatic network in Malaysia, Business France’s three missions are: - Fostering export growth by French businesses. - Promoting and facilitating international investment in France.

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