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Article: Research and Markets: The Medical Device Market: UK has one of the Largest Medical Device Markets in the World, Valued at US$8.1 Billion in 2008.(Industry overview)
- Article from:
- Business Wire
- Article date:
- May 8, 2009
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DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/53da6b/the_medical_device) has announced the addition of the "The Medical Device Market: UK" report to their offering.
The UK has one of the largest medical device markets in the world, valued at US$8.1 billion in 2008. The domestic market is the third largest in Europe behind Germany and France. Per capita expenditure is not much lower in comparison to France and Germany and is equal to US$132.
There was a period of huge growth in health spending under the Labour government, which saw the NHS budget almost triple. However, as a result of the economic downturn, in 2009/10 the NHS ...