FRANCE – Overview of medical device industry and healthcare statistics

Below you will find basic demographic and healthcare market data on France, plus specific information about the medical device and healthcare industries.

Overview of medical device industry: The French medical device market is the second largest market in Europe and the fifth largest in the world. In 2014, the French market was valued at US$14.5 billion, and growth is expected to be moderate, reaching US$16.5 billion by 2019.

French manufacturers used to control the majority of the domestic medical device industry, but the current market relies increasingly on imports as manufacturing shifts to other parts of the world. Medical device imports amounted to $3.8 billion in 2015, more than 50% of the overall market. However, French device manufacturers are sophisticated and formidable, presenting significant competition to importers selling in France.

Opportunities in the French market: The French medical device market is robust. Manufacturers producing in-demand technologies such as diagnostic imaging equipment, disposable medical products, non-invasive surgical devices, orthopedic implants, intensive care equipment, hygiene products, and other innovative products will find their products are well-received.

Industry challenges in France: It is difficult to predict how the French medical device market will evolve in the next few years. The relatively weak Euro continues to benefit French companies exporting to the US, but presents ongoing challenges for importers, particularly from the United States. Nonetheless, foreign manufacturers continue to recognize the size and potential of the French market but face hefty competition from large, multinational corporations with established subsidiaries in France.

How France compares to other markets

  FRANCE Compare to
GERMANY
Compare to
UNITED KINGDOM
Population 66,553,766 80,854,408 64,088,222
Primary language(s) French German English
Total healthcare spending $330 billion $437 billion $252 billion
Healthcare expenditures total (% of GDP) 11.5% 11.3% 9.1%
Healthcare expenditures per capita $4959 (USD) $5411 (USD) $3935 (USD)
Expenditures on healthcare Government: 78%
Private: 22%
Government: 77%
Private: 23%
Government: 83%
Private: 17%
Size of medical device market (USD) $14.5 billion (USD) $26 billion (USD – 2014) $9.5 billion (USD)
Number of hospital beds 6.4 per 1000 people 8.2 per 1000 people 2.9 per 1000 people
Age distribution 0-14 years: 19%
15-64 years: 72%
65 years and over: 19% (2015 est.)
0-14 years: 13%
15-64 years: 66%
65 years and over: 21% (2015 est.)
0-14 years: 17%
15-64 years: 65%
65 years and over: 18% (2015 est.)
Life expectancy at birth Male: 78 years
Female: 85 years
Male: 78 years
Female: 83 years
Male: 78 years
Female: 83 years
Currency Euro (€) Euro (€) Pound sterling (£)

Want to see how France compares to many other countries in Europe and around the world? Download our free PDF Healthcare spending by country.