UK exports could be better, but industry in good shape
This article was originally published in Clinica
Executive Summary
Lack of interest from the medical device industry led to the cancellation of trade missions to two of Asia's tiger economies - Taiwan and Hong Kong - last year. Further, a visit to the UK by top procurement officials from Norway was cancelled because of apathy, despite the Norwegians plans to spend $1 million buying consumable directly from manufacturers. Given that the medical device markets in Taiwan and Hong Kong grew by 18% and 12% respectively during 1996 (see page 19 this issue), and that the UK industry continues to be over reliant on domestic markets, someone somewhere is making poor choices.