The ABHI has released a statement on the challenges facing Medical Device companies in the UK.
According to the ABHI, accessing the NHS and the impact of the weak pound top the list of concerns for Britain’s Medical Technology (MedTech) industry, one year on from the EU referendum. The latest business conditions survey of the Association of British Healthcare Industries (ABHI) members shows that:
- 70% of MedTech companies (46% in August 2016) consider the NHS is rapidly slipping away from being an optimum customer
- 60% (30% in August 2016) state manufacturing costs have increased due to the weaker pound
- Brexit remains a key priority, 54% of businesses rate it among the most important challenges they are facing
- Over a third of companies have seen export business increase from 2016