Medical technology is a key growth sector in Japan and Germany. It is of great strategic importance in a health-conscious society. Also, the health systems in Japan and Germany face similar challenges, for example, steadily increasing demands due to demographic change.
Close economic relations between Japan and the EU
Japan and the EU have had close economic relations for a long time, especially in the field of microtechnology. According to IVAM’s 2018 economic data survey, more than fifty percent of European microtechnology companies and a quarter of research organizations have business relations with Japan.
The successful project "Medizintechnik NRW-Japan" helps to bring together medical technology companies from both countries, to launch joint developments and to work on the markets in Japan and Germany as part of the cooperation between NRW and the Fukushima Prefecture.
Pitch of high-tech companies from Fukushima and North-Rhine-Westphalia
As part of a cooperation project between NRW and Fukushima Prefecture, regular events help companies to initiate joint developments and open up markets in Japan and Germany. In this way, a new forward-looking industry is being established in Fukushima Prefecture in particular, which is also supported by the Japanese side. A good partnership with Japanese companies facilitates market entry for the North Rhine-Westphalian medical industry, especially for small and medium-sized enterprises, and the marketing of Japanese products in Germany.
At the trade show virtual.COMPAMED 2020, a whole session was dedicated to this topic. The recording is still available on YouTube. A total of ten presentations were devoted to companies from Fukushima and North-Rhine-Westphalia. Below you will find the time schedule when which presentation will be shown in the video.
If your company or research institution is active in the high-tech medical technology sector in Japan and you are looking for interesting contacts to potential customers, suppliers or project partners, please contact us. We will help you to make your products known and find the right contacts for your business development.