Med Tech Industry Shows Steady Growth
Figures published by the Department of Business, Innovation and Skills show that the med tech industry has grown to record levels and now employs 76,700 people and has a combined turnover of £17.6bn with 3310 companies.
The Strength and Opportunity report, published annually, provides an update on the size and activity of the UK life sciences industry. This year’s report also provides data on industry growth in recent years. In terms of employment the med tech industry has shown strong growth since 2010, and saw growth of 8.6% in the period 2012-13.
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