The world of HealthTech is fast evolving to meet the changing needs of a growing and ageing population. The UK has long been recognised as a world leader in this space, and the expertise of leading industry players will be on display on the ABHI UK Pavilion at the world’s biggest event for the medical sector this November.
CSJ spoke to ABHI’s Head of International Events, Michelle Michelucci, about the exciting innovations visitors can expect to see at this year’s highly anticipated show, as MEDICA returns to the world stage.
The healthcare landscape is rapidly changing. Across the globe, medical demands are increasing, fuelled by ageing populations, a rising prevalence of chronic diseases, and ever-heightening expectations for healthcare services. Yet, amidst rising demands, healthcare systems are grappling with the challenges of staff shortages and financial sustainability – and are increasingly looking for ways to achieve higher efficiency and better clinical outcomes at lower costs. Technology and innovation are pivotal to achieving these aims.
The global health technology market is poised to soar from $439.5 billion in 2023 to a projected $852.2 billion by 2027.1 In the UK, the HealthTech industry continues to play a significant role in the UK’s economic growth and is now the largest employer in the broader UK Life Sciences sector, employing 145,700 people across 4,300 companies
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