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Health Sector Creates Growth And Jobs

New study confirms the economic importance of the industry. Already one in seven workers in Hamburg employed in health. Gross value: 8.2 billion euro

The healthcare industry is a major growth sector that significantly creates employment in the Hanseatic city. This is the core statement of a new survey on the economic importance of Hamburg’s healthcare industry conducted by the WifOR Institute. According to their survey, the sector’s gross value increased from 6.4 to 8.2 billion euro in the years 2005 to 2013, and thus by 27.1 per cent. The survey was commissioned by Gesundheitswirtschaft Hamburg GmbH (GWHH), a joint subsidiary of the chamber and the Hamburg Ministry for Health and Consumer Protection.

162,000 Employees In The Sector

“One in seven employees today work in Hamburg’s healthcare industry, and one in eleven euro of gross value is generated by the sector”, stated Prof. Hans-Jörg Schmidt-Trenz, Chief Executive Officer, Hamburg Chamber of Commerce, upon the presentation of the survey.

“Hamburg is the health capital of the north. Already today, nearly one in three people being treated in a hospital in Hamburg have come from out of town. To enhance quality and specialisation is thus a key objective of the Hamburg Senate’s health policy. If patients do not ask for the shortest route, but for the best result, Hamburg has all chances to expand its importance as a leader in healthcare” explained Cornelia Prüfer-Storcks, Hamburg Minister for Health and Consumer Protection, at the presentation in the Hamburg Chamber of Commerce.

According to the study, the industry has been creating 23,000 new jobs since 2005, with 162,000 people working today in the booming sector. The growth in employment was mainly pushed by the primary healthcare market with its in- and out-patient facilities.

Healtcare Apps And eHealth Applications

Schmidt-Trenz still sees ample opportunities for growth, especially in healthcare services that is driven by a changing health awareness in all age groups. According to Schmidt-Trenz, there is a greater willingness to invest into one’s own health, and to see the opportunities arising from the digitization with the distribution of health apps or eHealth applications.

Prüfer-Storcks recalled the positive stimulus for the labour market: “We need to understand the demographic development as an opportunity and use it for the benefit of Hamburg. With the aging of the society, the demand for health care services will increase.” Demographics itself will thus become a major catalyst for employment over the next decades.

Dr. Dennis Ostwald, managing director of WifOR, added: “The survey now present provides the basis for the creation of a Hamburg Health cluster pursued by the Hamburg Senate and the Hamburg Chamber of Commerce. “For the first time, the economic importance of the growth market healthcare has been determined by reliable figures and statistics that allow to compare Hamburg’s assets on a national and international level.”
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source and further details:
www.hamburg.de/bgv
www.hk24.de

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