Overview of UK medical device sector statistics

Here you will discover fundamental statistic and financial information for the UK, in addition to explicit data about the nation's medical device and human services enterprises:

	United Kingdom	FRANCE	GERMANY
Population	64,088,222	66,553,766	80,854,408
Primary language(s)	English	French	German
Total healthcare spending	$252 billion	$330 billion	$437 billion
Healthcare expenditures total (% of GDP)	9.1%	11.5%	11.3%
Healthcare expenditures per capita	$3935 (USD)	$4959 (USD)	$5411 (USD)
Expenditures on healthcare	Government: 83% Private: 17%	Government: 78% Private: 22%	Government: 77% Private: 23%
Size of medical device market (USD)	$9.5 billion (USD)	$14.5 billion (USD)	$26 billion (USD – 2014)
Number of hospital beds	2.9 per 1000 people	6.4 per 1000 people	8.2 per 1000 people
Age distribution	0-14 years: 17% 15-64 years: 65% 65 years and over: 18% (2015 est.)	0-14 years: 19% 15-64 years: 72% 65 years and over: 19% (2015 est.)	0-14 years: 13% 15-64 years: 66% 65 years and over: 21% (2015 est.)
Life expectancy at birth	Male: 78 years Female: 83 years	Male: 78 years Female: 85 years	Male: 78 years Female: 83 years

UK medicinal device industry: The UK medical device market is the third biggest in Europe, behind Germany and France, and the 6th biggest on the planet. It was esteemed at $9.5 billion in 2015.

Home medical device manufacturing is portrayed by an enormous number of little scale medicinal device organizations together with a couple of worldwide producers with a large total market share. Numerous huge US organizations own subsidiaries and offices in UK. In 2015, there were around 3000 medicinal device manufacturers in the UK. The quality of UK makers lies particularly in orthopedics, imaging, diagnostics, and cardiovascular devices.

Opportunities in the UK industry: The UK medical device market is import-driven, as most locally made items are exported. With a steady interest for imported items, the industry and the regulatory system, are responsive to novel and inventive technological advancements. The English language likewise makes it a simpler nation to approach for exporters situated in English-speaking countries.

Challenges in the UK industry: Market entry requires more time and assets as regulations increase and make it harder for smaller companies to certify a medical device. Medical device organisations should observe and react to changes in the UK economy and the currency value. The NHS as the biggest customer of medical can also make it hard for little organizations to get to the market because of procurement procedures, enormous scale necessities, and budget policy.