WHY THE UK?


Why the UK?


The UK MedTech sector is vibrant and growing • The NHS was the first national health system in the world to introduce whole genome sequencing into routine care.


The UK MedTech industry is


comprised of 4,190 UK businesses,


over 84% of which are SMEs, and has an annual turnover


of £30 billion.


• In 2021, there were around 60 different programmes supporting innovative technologies in the UK, representing over £1 billion of funding.


MedTech represents


32%


of all turnover in the UK life sciences sector.


The UK exported £4.1 billion


worth of UK medical technology goods around the world in 2022.


• There are just under 2 million products registered for use on the UK market.


• Yorkshire and The Humber having the second highest share of employment in the UK MedTech industry followed closely by the North West and the East of England.


MEDICA 2023 UKHEALTHCARE P A VILION. COM 9


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