Bioscience and Health Technology Database: Annual Report 2016
The Department of Health, Department for Business, Energy & Industrial Strategy, and Office for Life Sciences have published their eighth annual report analysing the updated 2016 dataset from the bioscience and health technologies database.
In the report it discusses how the MedTech sector contains 3,463 identified companies that generate a turnover of £22.0bn and employ 122,100 people across the UK, with companies producing single-use technology devices such as syringes, catheters and dialysis kits comprising the largest segment employing 10,130 (10.8%) of medical device employees and generating £2.1bn (12.4%) of the turnover.