French Excellence in the Healthcare and Medical Technology Industry

Romain Lonchambon - 29/07/15

 

 

The field of technical innovation for medical devices in France is made of hundreds of startup, small and medium companies. But not big ones yet.

« Medium companies are today’s France real champions (like Vygon), and we also have very innovative small companies (like Eos Imaging or Mauna Kea Technologies)», tells Florent Surugue, SMEs and economic development manager at Snitem in this interview with Business France Radio.

 

Founded in 1987, Snitem is the first professional organisation representing the French medical devices and technological innovation market, carrying between 85 and 100% of the market in terms of turnover, bringing all together more than 375 companies, defending their interests on the market and helping them develop abroad.

 

« This market is mostly made of small and medium companies (89% of companies are under 250 people within the members of Snitem) », as Florent Surugue recalls in this interview. And his dream is to see these startups grow into small then medium than large businesses.

 

How could they do that? French companies’ main assets are their capacity «to develop very innovative products » and Florent Surugue is convinced that they « have the ability to show that they can create a strong value » to the French and global market. But according to him, the French market is very hard to enter right now due to strong barriers in terms of market access and these startups should start looking for a development abroad very soon in their development process.

 

 

Further information :

 

SNITEM

 

French companies on You Buy France, sector of Health and medical device

 

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