The UK is on course to become the world’s biggest innovator in medical technology outside of the United States, according to a leading sector service provider.

Collaboration between industry and leading UK universities – including University of Oxford and Cambridge –  has created a dynamic focus for creativity which could see the UK outstrip Germany and Japan as the world’s second-biggest hub for MedTech development.

Ivor Campbell, chief executive of Stirlingshire-based MedTech recruiter Snedden Campbell, said:

“The biggest driver of growth is undoubtedly the region between Oxford and Cambridge, which contributes £111bn in gross value added to the economy every year.”

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