Healthcare industries
France is a nation with a strong healthcare industry. With a sector that represents €90 billion in revenues, 35% of which comes from exports and nearly 455,000 jobs, France is home to more than 3,100 life sciences businesses of all sizes, ranging from startups to multinationals.
#3 in the OECD
for healthcare spending:
(OECD, 2019)
France is ranked 12th
in the world for life expectancy at birth
(World Bank, 2019)
#1 in the OECD
for access to healthcare
(OECD, 2019)
In 2019, there were 44 job-creating foreign investment projects in the medical-surgical equipment sector and 28 in the medicines sector. These projects have led to the creation of more than 1,200 jobs. In 2019, these projects were primarily in production activities (41% of projects and 60% of associated jobs) and R&D (24% of projects and 19% of jobs). The medical-surgical equipment and pharmaceutical sectors accounted for 15% of foreign R&D investment projects in France in 2019.
Discover French Healthcare – Biotech companies take over BIO Digital
Healthcare has always been a central industrial activity in the French economy, and is at the heart of a world-renowned research, public health and healthcare ecosystem. Today, there are more than 3,000 healthcare businesses in France, generating revenues of nearly €90 billion.
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The case of IRCAD, the Institute for Research against Cancer of the Digestive Tract
Belen Garijo, Merck Healthcare
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