United Kingdom Medical Devices Report

Providing expert analysis, independent forecasts and competitive intelligence on the medical devices industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, Industry Risk Reward Index, Regulatory Development, Competitive Landscape and Regional and Country Industry Overviews.

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United Kingdom Medical Devices Report
Product Price
$1,295.00

BMI View: We maintain the UK will be one of the stronger performing markets in Western Europe despite the current pressure on sterling due to uncertainties surrounding the outcome of the referendum on UK membership of the EU , which will take place on June 23 2016 . The government has promised a minimum real terms increase in NHS funding in England over the next five years. Nevert heless, cost containment remains high on the agenda and efficiency measures will weigh on market growth.

Projected Medical Device Market, 2014-2019
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2014 11,315.6 178.2 6,899.8 108.7 0.61
2015 10,863.6 170.2 7,147.1 111.9 0.66
2016 12,108.0 188.6 7,382.9 115.0 0.61
2017 12,668.4 196.2 7,677.8 118.9 0.61
2018 13,338.6 205.5 7,987.2 123.1 0.60
2019 14,538.2 222.8 8,307.6 127.3 0.57

Latest Updates and Key Forecasts

  • We forecast that market will grow at a 2014-2019 US dollar CAGR of 5.1% making the UK the best performing market in our WE region. The market will remain the sixth largest in the world reaching USD14.5bn in 2019.

  • Import performance in US dollar terms will largely depend on the outcome of the vote on UK membership of the EU. Imports fell by 3.5% in US dollar terms in the 12 months to December 2015, but grew by 0.5% in the final quarter. In sterling terms, imports averaged mid single-digit growth in 2015.

  • We expect export performance will remain weak in 2016. Exports fell by 5.2% in US dollar terms in the 12 months to December 2015 and by 3.0% in the final quarter. In sterling terms, exports have averaged low single-digit growth.

  • The NHS is embracing digital initiatives to forward its evolution into a technologically astute organisation. The DigitalHealth.London Accelerator will support London's bid to become a start-up hub by removing the hurdles preventing growth of innovative healthcare businesses. The accelerator will complement the NHS' medical technology pilot schemes and digital transformation investment.

BMI Industry View
9
Table: Projected Medical Device Market, 2014-2019
9
Latest Updates and Key Forecasts
9
SWOT
10
Medical Device Market
10
Industry Forecast
12
Medical Device Market Forecast
12
Latest Updates
12
Structural Trends
12
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
14
Consumables Market Forecast
20
Latest Updates
20
Structural Trends
20
Bandages & Dressings
20
Suturing Materials
21
Syringes, Needles & Catheters
21
Other Consumables
21
Table: Consumables Market, 2009-2019 (USDmn)
22
Table: Consumables Market, 2010-2019 (USDmn % Change)
23
Diagnostic Imaging Market Forecast
25
Latest Updates
25
Structural Trends
25
Electrodiagnostic Apparatus
25
Radiation Apparatus
26
Imaging Parts & Accessories
26
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
27
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
28
Dental Products Market Forecast
30
Latest Updates
30
Structural Trends
30
Capital Equipment
30
Instruments & Supplies
31
Table: Dental Products Market, 2009-2019 (USDmn)
31
Table: Dental Products Market, 2010-2019 (USDmn % Change)
32
Orthopaedics & Prosthetics Market Forecast
34
Latest Updates
34
Structural Trends
34
Fixation Devices
35
Artificial Joints
35
Other Artificial Body Parts
35
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
36
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn, % Change)
36
Patient Aids Market Forecast
38
Latest Updates
38
Structural Trends
38
Portable Aids
38
Therapeutic Appliances
38
Table: Patient Aids Market, 2009-2019 (USDmn)
39
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
39
Other Medical Devices Market Forecast
41
Latest Updates
41
Structural Trends
41
Table: Other Medical Devices Market, 2009-2019 (USDmn)
42
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
43
Annual Medical Device Imports
45
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
48
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
50
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
51
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
53
Table: Detailed Medical Device Import Trends By Product Area, 2014
56
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
59
Monthly Medical Device Imports
63
Table: Monthly Medical Device Imports By Product Area, Year Ending November 2015 (USDmn)
63
Annual Medical Device Exports
64
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
68
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
69
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
70
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
72
Table: Detailed Medical Device Export Trends By Product Area, 2014
75
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
78
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
81
Monthly Medical Device Exports
85
Table: Monthly Medical Device Exports By Product Area, Year Ending November 2015 (USDmn)
85
Industry Risk/Reward Index
86
Table: WE Medical Device Risk/Reward Index, Q216
87
Market Overview
88
Medical Device Market Overview
88
Table: Medical Device Market, Key Ratios 2014
88
Table: Medical Device Market By Product Area, 2014
89
Healthcare Overview
90
Health Status
90
Healthcare System
90
Private Healthcare Providers
94
Healthcare Funding
95
Healthcare Resources
97
Table: Diagnostic Imaging Technology By Type, 2008-2013 (Units)
98
Table: Diagnostic Imaging Technology By Type, 2008-2013 (Rate/mn population)
98
Healthcare Activity
99
Healthcare Personnel
99
Key Healthcare Data
100
Table: Key Healthcare Data, 2010-2015
100
Industry Trends And Developments
102
Industry Trends & Developments
102
Regulatory Development
111
Medical Device Regulations
111
Competent Authority
111
Notified Bodies
112
Table: Notified Bodies & Directives, Annexes Covered
112
Regulatory Developments
113
EU Medical Device Regulations
115
Designated Authorities
115
Existing Regulations
115
Proposed Regulatory Changes
116
Medical Device Pricing & Reimbursement
119
Reimbursement
119
Procurement
120
NHS Supply Chain
121
NHS Procurement Development Programme
121
NHS Procurement Atlas of Variation
125
Health Technology Assessment
126
Competitive Landscape
127
Domestic Medical Device Production
127
Table: Medical Device Production By Product Area, 2010-2014 (EURmn)
127
Table: Medical Device Production By Product Area, 2010-2014 (USDmn)
130
Domestic Medical Device Manufacturing
134
National Medical Device Manufacturers
134
Advanced Medical Solutions
134
Penlon
135
Smith & Nephew
135
Table: Smith & Nephew, Key Financials, FY2011-2015
136
Table: Smith & Nephew, Revenue By Business Segment And Geographic Area, FY2011-2015
136
Smiths Medical
138
Table: Smiths Medical, Key Financials, FY2011-2015
139
Table: Smiths Medical, Revenue By Business Segment, FY2011-2015
140
Swann Morton
140
Multinational Medical Device Manufacturers
141
Acelity Systagenix
141
B
141
Becton Dickinson
142
Biomet
142
DePuy Synthes
143
Getinge
144
Hill-Rom
146
Johnson & Johnson Medical
146
Olympus Medical
147
Siemens Healthcare
148
Steris
149
Multinational Market Activity
150
Table: Multinational Market Activity, 2016
150
Medical Device Market Access
153
Trade Associations
153
Table: Association Of British Healthcare Industries (ABHI) Members, 2014
153
Trade Shows
161
Methodology
163
Forecast Methodology
163
Trade Code Classifications
164
Table: Rearranged HS Trade Codes
165
Risk/Reward Index Methodology
168
Table: Medical Devices Risk/Reward Index Indicators
169
Sources
171
Contact
172

The United Kingdom Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in United Kingdom provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the United Kingdom Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for United Kingdom, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in United Kingdom.
  • Target Business Opportunities in the United Kingdom Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in United Kingdom.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.