Germany is the leading destination market for greenfield medical devices FDI, while the US is the top source market. GlobalData’s medical devices foreign direct investment (FDI) report highlights the current trends in medical devices foreign investments. Buy the report here.

Between 2019 and 2023, the medical devices sector was the seventeenth largest FDI sector in terms of the number of greenfield investments. The medical devices sector accounts for 1.3% of global greenfield FDI projects.

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Data Insights Key FDI Trends in the Medical Devices Sector

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Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.

Combined, the top ten destination countries account for 65.6% of total medical devices FDI projects.

The leading destination country for medical devices FDI is Germany. The US, Costa Rica and France are also popular medical devices investment hubs.

According to GlobalData’s FDI Projects database, United States-based companies were the leading source of greenfield medical devices investments into Germany.

With respect to outbound FDI, the US was the leading medical devices source market. US-based companies held a 30.2% share of total outbound medical devices FDI projects. Germany, Switzerland, Japan and the UK are also top source markets for medical devices FDI.

To further understand global medical devices foreign direct investment trends, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s FDI Projects Database records greenfield FDI throughout the world in real-time. The data can be used to analyse company cross-border expansion activities as well as identify industry, thematic and geographic trends.