The market is dominated by foreign suppliers, as imports account for 78.0% of total market size in 2020. B2B drives market demand, with B2B spending representing 80.5% of total demand in 2020. The UK has the fifth largest market size for medical and surgical equipment in the region, with demand reaching USD10.6 billion in 2020. Medtronic Inc is the largest company in the UK, generating 10.1% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 32.4% of total production value in 2020. The total number of companies increases in 2020, to 5,837 units. The costs of the industry increase by 3% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 21.6% of production value in 2020, the third highest in the region. The industry’s exports share decreases in 2020 to 71.3% of total production output. With production value of USD6.9 billion, the UK accounts for 6.0% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Medical and Surgical Equipment in the UK: ISIC 3311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Medical and Surgical Equipment in the UK: ISIC 3311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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