Medical Devices made in Vienna

Vienna can be considered as one of Austria's medical device industry hubs. In 2023, almost 300 medical device companies were located in the city. With a workforce of 10,667 people, these companies generated around 4.4 billion euros in revenue. Most of Vienna’s medical device companies are active in sales, including most of the top 20 global players. In addition, Vienna hosts a growing start-up community in medtech with a strong focus on digital health solutions.

A total of 89 medical device companies carry out research, development or manufacturing in Vienna. Together, these businesses employ 2,198 people and, in 2023, generated a turnover of 550 million euros. Some of these companies go back 40 years or more. Ottobock, for example, has been running facilities in Vienna since 1969 and creates products worth approximately €200 million in Vienna every year to make people worldwide more mobile. However, the largest group of dedicated medical devices companies is significantly younger: 43% of the companies were not even five years old by the end of 2023 – a clear sign of Vienna’s growing start-up community and the ongoing rejuvenation of the sector.

Most of the “research, development or manufacturing companies” in the medical device sector in Vienna are solely committed to this field of activity: there are 79 “dedicated medical device companies” and only 10 other companies have been reported, for which medical devices are only one among a number of business segments. Strengths lie in software, electromechanical medical devices, in-vitro diagnostics, and reusable devices. Single-use devices, implantable devices, anesthetic and respiratory devices and radiation devices also are strongly represented in the pipelines of dedicated medical devices companies in Vienna. Examples for successful IVD companies on site include Biomedica (part of the AddLife Group since 2018), ingenetix, MADx – MacroArray Diagnostics and Technoclone.

In recent years, Vienna gained momentum in the development of digital products and services in the health sector. Dedalus HealthCare, for example, operates a site in the city to further develop its market-leading hospital information systems (HIS) and AI-driven solutions that serve the global healthcare market. Overall, 57% of the innovative medical device companies in Vienna had software for medicine, telemedicine and e-health in their development portfolios by the end of 2023. The diabetes care company mySugr is just one of Vienna's success stories: Its acquisition by Roche in 2017 was regarded as the biggest deal of its kind in Europe at that time. Other companies to remember are e.g. contextflow, ImageBiopsy Lab, nyra health, RetInsight (a Topcon Healthcare company since May 2025) and XUND.

In 2023, there were 208 Viennese medical device companies that operated either as distributors, suppliers or service providers. A total of 8,469 employees have achieved a turnover of 3.8 billion euros. The vast majority of these businesses are sales and distribution companies: In 2023, 160 companies employed 4,648 people and generated revenues of 2.6 billion euros.

More examples, figures, tables and lists are provided in the Vienna Life Science Report. 

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