Luxembourg is home to an expanding health technologies sector. According to the healthtech ecosystem mapping produced by Luxinnovation based on data from 2020, the sector includes 136 private companies employing nearly 1,900 people, and the agency estimates that the number has increased over the past few years.
With 50% of the companies created less than 10 years ago and 80% of the workforce active in companies of less than 10 employees, the health tech sector in Luxembourg is still young but constantly growing in maturity.
The mapping shows that 44% of companies in the sector work with diagnostic and medical devices, 29% with bio-pharma and 27% with other technologies. The number of companies with a digital focus is constantly increasing. The sector focuses in particular on digital health and health data analytics, as well as on diagnostics and health wearables.