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France's healthcare equipment and services market is a behemoth, valued at a whopping €90 billion.
This sector employs a staggering 455,000 people and boasts over 3,100 life sciences companies, from tiny startups to global giants.
A remarkable 35% of the market's revenue stems from exports, showcasing its international clout.
The French government is a major player in this market, spending a cool €36.7 billion on medical devices alone in 2022.
That's a 26% slice of the entire market pie! France even exports a healthy €9.4 billion worth of medical devices, proving its domestic prowess translates to global success.
Hospitals and clinics gobble up a huge chunk of the government's healthcare budget, snapping up equipment like surgical tools, diagnostic machines, and patient monitoring systems.
Home healthcare is also rising in popularity, with the government doling out cash for comfy beds, wheelchairs, and nifty gadgets that allow people to recover in their own homes.
Don't forget the consumables! Bandages, needles, and other medical supplies are essential for keeping France's healthcare system running smoothly.
The Ministry of Solidarity and Health calls the shots, setting the overall direction for government spending in this domain.
Regional health agencies handle the nitty-gritty, taking care of specific procurement needs within their jurisdictions.
Public hospitals have some autonomy in their purchasing decisions, but they still need to play by the rules set by the central authorities.
French giants like Air Liquide and Guerbet hold their own against global titans like Siemens and Philips.
Innovative startups are also making waves, bringing fresh ideas and agility to the market.
The competition is fierce, but the rewards are sweet - a slice of that massive €36.7 billion government pie is enough to make any company drool.
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