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Opportunities for Austrian Medical Technology in the UK
An Austrian study showed Austrian buinesses the opportunities offered by the British market: Austrian exports increased by 15% in 2010.
Opportunities for Austrian Medical Technology in the UK / Picture: © Vindobona.org
Health expenditure accounts for more than 120 billion British pounds annually in Britain or 9% of the GDP, the public sector being responsible for over 80% of this amount: the British National Health Service (NHS) is the world's third largest public employer. "Basically, the British medical technology market is highly dependent on imports. Only a few small manufacturers are active and…
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