Pharmaceutical manufacturing, hospitals, medical and dental practices, and social care providers. Demand is demographically driven and largely non-cyclical.
Hospitals, outpatient clinics, physicians, dentists, and diagnostic labs delivering human health services. Largely funded by public health insurance in Germany.
Umsatz
131,2 Mrd. €
Unternehmen
22,133
R&D-driven manufacture of medicines, vaccines, and active pharmaceutical ingredients. Long development cycles, strict approval regimes, and high margins on patent-protected products.
Umsatz
67,2 Mrd. €
Unternehmen
1,871
Nursing homes, assisted living, child care, and community-based social work. Personnel-heavy and increasingly pressured by demographic change.
Umsatz
40,5 Mrd. €
Unternehmen
12,472
Products
Risks
