One of the main markets for 2020 and 2021 is the UK and Norway Health Tech is running an acceleration program for introduction to this large and mature market.
UK is one of the most interesting markets in Europe today, with a long and outstanding collaboration and relation with Norway. The advantages of geographical proximity, English language and cultural similarity reduce barriers for market entry significantly.
We think Brexit and its consequences also means that the UK is more interesting than ever before to develop a closer collaboration with Norway and Norwegian health tech companies.
The market for medical technologies has similar growth as we see in Norway and is the third largest medical device market in Europe. UK also import more medical device products than they export (1) making it very receptive to new and innovative international technology.
Several Norwegian health tech companies already have found their way to UK and we are confident that more companies will increase their speed to market through this program.
Norway Health Tech’s Industry Scaling Program is intended to accelerate the innovative products and services that address the professional healthcare providers incl. hospitals, enhanced health in care homes and welfare technologies.
The program is run in collaboration with the UK Department for International Trade and Stiftelsen Teknologiformidling. The program is funded by Stiftelsen Teknologiformidling.
1) The European Medical Technology Industry – in figures 2019, Medtech Europe.
Funded my Stiftelsen Teknologiformidling, more info Stiftelsen Teknologiformidling – info til bruk for partnere