Luxembourg’s healthtech sector is on the rise. Fresh data unveiled this week reveals a dynamic ecosystem that has grown significantly over the past five years.
Jean-Michel Gaudron
Luxembourg is home to a young but rapidly developing healthtech ecosystem. On 7 October 2025, Lex Delles, Minister of the Economy, SMEs, Energy and Tourism, announced that the sector now includes 130 companies employing 2,500 people – a 32% rise in staff since 2020.
This announcement, made during the opening day of Healthcare Week Luxembourg, is based on the latest mapping of the healthtech ecosystem, jointly conducted by Luxinnovation’s Market Intelligence team and healthtech experts from Luxinnovation and the Ministry of the Economy. The previous mapping dated back to 2020.
These characteristics, typical of a young ecosystem, represent an opportunity for growth, particularly through digitalisation.
Lex Delles, Minister of the Economy, SMEs, Energy and Tourism
The data shows that 36% of the country’s healthtech companies have been founded in the past decade, and 72% employ fewer than ten people. 35% of the companies listed are startups and scaleups. Start-ups and scale-ups account for 35% of the total, with a third supported Fit 4 Start, Luxembourg’s renowned accelerator programme. “These characteristics, typical of a young ecosystem, represent an opportunity for growth, particularly through digitalisation,” said Minister Delles.
Digital innovation now lies at the heart of Luxembourg’s healthtech sector. Half of all companies have a digital focus, compared with just 28% in 2020.
Around a third (32%) operate in the field of medical devices, developing, producing and marketing regulated health technologies, including medical software for diagnosis or treatment. Another third (31%) specialise in unregulated health software with no medical purpose. The remainder are active in medicine and health product distribution (19%), biopharma (13%), in vitro diagnostics (2%) and medical analysis (2%).
The mapping also reveals that 86% of the covered healthtech firms focus exclusively on the human health market. The remaining 14%, initially active in other markets, are now diversifying into human health, seen as a growth area.
Healthtech companies are mainly concentrated in and around Luxembourg City and Esch-sur-Alzette, home to the country’s “City of Sciences” in Esch-Belval. The Belval site hosts the University of Luxembourg, the Technoport incubator and the House of BioHealth. It will also house the future HE:AL Campus, dedicated to health and life sciences innovation.
“This mapping is a proactive exercise based on Luxinnovation’s exclusive knowledge of innovative companies,” explains Mohamed Toumi, Senior Market Intelligence Analyst at Luxinnovation. “In addition to benefiting from it for promotion, we use it to monitor the evolution of the healthtech ecosystem in Luxembourg. It is also a good tool for facilitating collaboration between national actors and enabling informed decision-making by identifying gaps, strengths and opportunities within the Luxembourg ecosystem."
