Healthcare Innovation Main Driver of European Patent Applications in 2020
The latest statistics published by the European Patent Office (EPO) show that innovation in healthcare was the main driver of patenting activity in 2020. Medical technology was the field with the most inventions by volume, while pharmaceuticals and biotechnology were the fastest-growing areas. Indeed, in 2020, medical technology retook the top spot for most inventions (from the field of digital communication), while pharmaceuticals and biotech showed 10.2% and 6.3% increases in patent filing, respectively.
Patent grants up 5.9% at IP5 offices in 2019
Patents played an even more important role in 2019 to protect intellectual property. According to the latest IP5 Statistics Report, the world’s five largest IP offices granted 1.6 million patents in 2019, an increase of 5.9% on the previous year. The total number includes 2.7 million patent applications filed at the IP5 offices in 2019.
The annual patent statistics published by the European Patent Office, the Japan Patent Office, the Korean Intellectual Property Office, the China National Intellectual Property Administration and the United States Patent and Trademark Office were used for this analysis. If you are curious about the 2020 EPO statistics – they will be published in March.