Medical Technologies IKC | 4
Our success to date:
192
£111m
£103m
Total public
research
and innovation
funding
secured
Private sector
investment in
technology
development
Total projects in
our innovation
portfolio
205
76
People have
participated in
our innovation
development
programmes
84
Collaborating
partners
Projects completed
and progressing
to market
Our first year of phase 2:
130
15
15
£12m
New projects
initiated
New public
research and
innovation
funding
Delegates at our
first annual
conference
Projects completed
and progressing
to market
Regenerative devices: a £1bn per
year industry opportunity in the UK
Scale of opportunity
in the UK:
Estimated global market
size per year by 2020:
$25bn + $50bn = $75bn
Biomaterials and
Regenerative tissues with implants, enhanced
autologous cells
to deliver regenerative
potential
Global market
size
£10m
IKC / leveraged
funds
£50m
per year R&D
in private
sector
£1bn
per year
industry
in UK
Estimated scaffold products market sizes by 2020:
£3bn
£2bn
Bone repair
Ligament and
tendon repair
£2bn
Meniscus
£3bn
Vascular grafts