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Frankfurt Conferences

Frankfurt is the fifth-largest city in Germany, with a population of 681,582 and is located on the river main; Frankfurt is one of the leading financial centres and the main transportation centre of Germany. It is also the Germany's second-largest metropolitan region. Frankfurt marks a unique place in scientific research which includes top universities, first class teaching, research centres. Frankfurt is a global hub for commerce, culture, education, tourism and healthcare. The major fields of focus for research conducted in Frankfurt are economics, finance, and the humanities. Frankfurt is also a top destination for medical research and biological sciences. Frankfurt has a temperate climate typical of Germany, with cold winters and warm summers. The summer is between June and August, where temperatures average around 19°C. January and March months show the coldest winter months.

Market Analysis & Funding for Pharmacy | Nursing | Neuroscience | Vaccines | Cancer | Engineering | Cardiology in Frankfurt, Germany

Pharmacy

The Frankfurt RhineMain pharma cluster, as one of the sector’s core regions, is home to numerous important companies. About 75% of pharma products are produced in this region and it significantly contributes to GDP.

Figure 1: Global pharmaceutical production

Nursing

In UK, recent studies have shown that 10,000 nursing posts are being filled gradually in 2015.This represented a 3% rise every year from 11% in 2013,14% in 2014 and 17% in 2015 of all London nursing positions and 10% as an average nationwide. In US nursing demand growth rate from 2008 to 2018, as reported by the U.S. Bureau of Labor Statistics, is anticipated to be 22%, or 2.12% annually.

Neuroscience

Technavio's analysts forecast the global neurodegenerative diseases market to grow at a CAGR of 4.77% over the period 2014-2019. The global neurodegenerative therapeutics market is valued as $16,828m in 2010, and grew from $11,055m in 2002 with a Compound Annual Growth Rate (CAGR) of 5.4%The 2015 Nature Index lists the Max Planck Society among the top five institutions in the world for natural sciences. Over 3,400 doctoral students conduct research in the Max Planck Society and the new support structure for research will cost around 50 million euros per year.

Figure 2: Neurodegenerative diseases market share

Vaccines

In the pharmaceuticals industry, majorly vaccine is among the leading industries in Frankfurt, Germany. In Frankfurt RhineMain major international pharmaceutical corporates research, develop and produce effective drugs and vaccines used to treat serious illnesses. The 43 companies belonging to the Association of Research-Based Pharmaceutical Companies (VFA) provides employment to around 85,000 people and book sales of EUR 38 bn, with firms based in Hessen alone contributing a significant 26%of the total.

Figure 3: Human vaccine market size(CAGR rate)

Cancer

The worldwide market for cancer drugs and therapeutics has reached $100 billion in annual sales, and is expected to reach $147 billion by 2018, according to a new report by the IMS Institute for Healthcare Informatics. Recent data estimates that Europe spends more on cancer drugs as a percentage of total spending on medicines than other countries.

Figure 4: Estimated cancer research growing market

Engineering

In Germany, engineering sector has a high export ratio of 62%. Including the MPI for Plasma Physics, the Max Planck institute for Biophysics is financed to approximately 1.8 billion euros in 2016. In addition, third-party funding contributed to basic financing.

Figure 5: R&D staff at German engineering firms (%)

Cardiology

In the European Union, cardiovascular disease is the reason for more than 2 million deaths and costs the economy more than EUR 192 billion annually. The total EU funding is estimated to be over € 163 million on cardiovascular diseases research. Cardiology (Devices & Technology) - Global Trends, Estimates and Forecasts, 2012-2018 market research report says global interventional cardiology market is estimated to reach around US$37.2 billion by 2017.

Figure 6: Institutes on Cardiology research

Frankfurt City Highlights

Frankfurt’s skyline is the city’s premier landmark. The central location, the excellent infrastructure with one of the biggest airports on in Europe, the concentration of future-oriented companies and its international flair give the city its top position is also home to many other important sectors: the creative industry, the IT and telecommunications sector, medical biotechnology, health care, commerce, logistics and industry. Fast and simple access to markets is guaranteed with presence of many institutions and educational facilities.