Sectoral systems of innovation and the UK’s competitiveness: the UK MedTech sector
Author(s)
Moore Jr, James
Kutlu, Yunus
Type
Report
Abstract
Executive Summary
The UK Medical Technology (MedTech) sector generates tremendous societal impact by producing a wide variety of life-saving and life-improving technologies. The NHS and healthcare systems around the world depend on these devices every day. While the successes of the UK biopharmaceutical sector are well-known, the MedTech sector has received less attention, and in fact has not been well characterised for quantitative economic impact. In this report, we provide a database of the UK MedTech sector and analyse it for important indicators of success. We conducted interviews with key sector stakeholders to identify opportunities for improving or growing the sector.
The UK Medical Technology (MedTech) sector generates tremendous societal impact by producing a wide variety of life-saving and life-improving technologies. The NHS and healthcare systems around the world depend on these devices every day. While the successes of the UK biopharmaceutical sector are well-known, the MedTech sector has received less attention, and in fact has not been well characterised for quantitative economic impact. In this report, we provide a database of the UK MedTech sector and analyse it for important indicators of success. We conducted interviews with key sector stakeholders to identify opportunities for improving or growing the sector.
Date Issued
2023-06-22
Citation
2023, pp.1-39
Publisher
Imperial College London
Start Page
1
End Page
39
Copyright Statement
© 2023 The Author(s).
Subjects
centre for sectoral economic performance
competitiveness
health
MedTech
sector
Article Number
1