The capacities
There are more than 3000 companies, 50 health care clusters and networks, 75 health care sector science parks and 60 universities active in ScanBalt BioRegion
The drivers
The demographic shifts with ageing populations and the rise in chronic diseases and comorbidities is a major driver of the healthcare sector throughout the Baltic Sea Region.
Additionally large-scale modernization and expansion plans are in the pipeline in the hospital sector across the region.
The market
The BSR is among the most dynamic healthcare markets in Europe.
Especially in the areas of nursing, geriatric and psychosocial care, palliative medicine, preventative medicine, rehabilitation, sport, wellness, health and Ambient Assisted Living (AAL).
The demand for medical supplies and services is growing at an above-average rate.
The employment
The growth of employment in the health sector is more dynamic in the entire BSR than that of employment overall.
The demand for health sector employees is anticipated to continue growing significantly.
The competencies
The regional clusters in the region can match globally leading clusters within selected disciplines when collaborating.
The various modes and profiles of the clusters mean they can complement each other for mutual benefits.
The strategic choice
The health economy offers a strategic opportunity to help build a knowledge-based sustainable economy able to meet some of the grand societal challenges of the individual regions and the BSR.
The interaction with bio economy
The grand societal challenges are not restricted to single regions, sectors and disciplines.
A focus on health and health care thus needs to include the environmental challenges affecting health like clean air and water, non-fossil sources of energy, healthy nutrition and sustainable agricultural production.
More back ground information
For more background information on the region we recommend reading:
The Health Economy in the Baltic Sea Region Challenges and Opportunities, a Market-Analysis