Medical & Dental Instrument Manufacturing in the UK - Industry Market Research Report

Medical & Dental Instrument Manufacturing in the UK - Industry Market Research Report
Medical & Dental Instrument Manufacturing in the UK

Medical and dental instrument manufacturers supply the UK healthcare sector, so revenue prospects depend on healthcare expenditure and the need for medical and dental services. International trade significantly affects performance, with increased access to healthcare services in developing countries supporting export sales. Several manufacturers have undertaken mergers and acquisitions to expand their presence in emerging markets and benefit from economies of scale and expanding productivity. Over the five years through 2022-23, revenue is expected to drop at a compound annual rate of 1% to £5.5 billion.

Companies in the Medical and Dental Instrument Manufacturing industry make laboratory apparatus, surgical and medical instruments, surgical appliances and supplies, dental equipment and supplies, orthodontic goods, dentures and orthodontic appliances. The manufacturing of medical and dental furniture is involved in the industry, where the additional specific functions determine the purpose of the product, like dentists’ chairs with built-in hydraulic functions.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.