MedTech
Medical technologies touch all of our lives – from pregnancy testing and ultrasound scans before birth; through wound care products for childhood injuries; to diagnostic imaging systems and therapeutic implants for disease in adults.
The range of products and services is vast, spanning medical devices and in-vitro diagnostics, and overlaps with medicines (through drug delivery systems) and with digital health (through software as a medical device).
The sector is therefore highly diverse, dominated in the UK by resource-constrained SMEs, and the individual segments can to some extent, be viewed as separate industries. But they’re bound together by some common elements – a shared regulatory framework; an increasing convergence of technologies (particularly in connected devices); and a drive to deliver innovation. They also face some common challenges – these include a complex innovation and funding landscape; regulatory change; and a need to improve sustainability.
Innovate UK Business Connect can help innovators to navigate the complex landscape and accelerate ambitious ideas into new products and services. Our team of trusted experts, from within the Health team and across the wider range of disciplines in which we have deep expertise, can help create diverse connections to drive positive change.
Related Opportunities
New Innovators in health technologies, West Yorkshire
Opens: 10/06/2024 Closes: 17/07/2024
UK registered small and micro businesses can apply for a share of up to £500k to grow innovation activities in the health technologies cluster in West Yorkshire.
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Global Business Innovation Programme in Sweden - Antimicrobial Resistance (AMR)
Opens: 03/06/2024 Closes: 22/07/2024
Innovate UK invites up to 15 companies with expertise in antimicrobial resistance to participate in a Global Business Innovation Programme with a market visit to Sweden.
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Innovate UK Investor Partnerships: SME round 8
Opens: 20/06/2024 Closes: 14/08/2024
UK registered SMEs working in creative industries, or XR for digital mental health, can apply for grant funding alongside private investment from selected investor partners.
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Related Events and Recordings
Related News
13/03/2023
Triple win for UK companies at European healthy ageing innovation event
In March 2023, three UK projects were announced as the Gold, Silver and Bronze winners of the Innovation Pitch competition at AgeingFit, with the first-place winner being recognised as the most innovative project in Europe in the healthy ageing sector.
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02/05/2023
Pilot accelerators launched to support the development of early-stage health and life science innovation in the UK
We are pleased to announce our pilot accelerators, in collaboration with the Medical Research Council (MRC), which will allow spinouts, start-ups, and entrepreneurial minded academics to test their ideas and develop concepts with support from key stakeholders from the innovation ecosystem.
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Related programmes
Biomedical Catalyst
Helps transform innovative ideas into commercially viable businesses.
Medimap: End-to-end medicines supply chain map
Medimap is a new interactive reference tool for the UK medicines sector, mapping and categorising over 3,000 sites of organisations engaged in or supporting the end-to-end supply chain for medicines.
Neurotechnology Landscape
Neurotechnology is the application of electronics and engineering to the human nervous system and ranges from the measurement of the whole brain through technologies such as electroencephalography to the stimulation of a single nerve using bioelectronic medicines.