Dusseldorf, 10 August 2011. The EU27, with more than 500 million inhabitants, 20 million companies and a GDP of Euro 12,700 billion represents the largest domestic market in the world. The free circulation of goods, people, services and capital, the alignment of the health legislations, the indirect taxation and the technical standards for companies means that companies bringing new products onto the market can save very high costs, as they no longer need to manufacture a product in several different versions for different countries. For the “young market” of medical technology, in which one-third of the products in Germany are less than three years old, this is a significant prerequisite. Europe has become a significantly more attractive location for investors through its domestic market.

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