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New Market Study, "the Medical Device Market: UK", Has Been Published

Fast Market Research recommends "The Medical Device Market: UK" from Espicom Business Intelligence, now available

 

Boston, MA -- (ReleaseWire) -- 04/07/2014 -- The UK has one of the largest medical device markets in the world, valued at US$9.9bn in 2013. The domestic market is the sixth largest in the world and third largest in Europe. Per capita expenditure is equal to US$157. The UK market for medical devices is projected to increase by 7.3% per annum to attain a value of US$14.1bn by 2018.

The growth of the UK medical device market is predominantly import-led as many domestic manufacturers are not able to rapidly adjust to changes in demand. This has led to a succession of trade deficits since 2001. A significant portion of the market, around 74% of the total, is made up of imports. These have started displaying growth again in 2011 and 2012. Latest cumulative monthly data for the 12 months to March 2013 shows that imports grew by 1.2% in US dollar terms over the previous corresponding 12-month total.

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PROVIDING STRATEGIC MARKET ANALYSIS EVERY MONTH
Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:

Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
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Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market

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The Medical Device Market Switzerland

The Medical Device Market Austria

For more information on our Medical Market Reports please click on the link to read more...

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