Invest Bristol & Bath is excited to announce its participation in Medica 2023, one of the world's leading trade fairs for the medical and healthcare industry.
With a rapidly growing life sciences ecosystem worth £230.8 million in the West of England, the region is positioned as the ideal gateway for businesses seeking to tap into this vibrant sector.
The West of England boasts a diverse talent pool and world-leading industry expertise, with notable contributors like the University of Bath, University of Bristol, Bristol Robotics Laboratory, Science Creates, Pfizer’s Vaccine Centre of Excellence, and Vectura. It is also home to the NHS Blood and Transplant site which is the largest blood processing facility in Europe. This region's unparalleled capability in the Life Sciences sector has attracted global companies and secured record growth.
Investment growth in the region has been substantial, with a staggering £212 million invested in sector-related companies in 2022 alone. Bristol, ranked 7th in the UK for innovation, has become a hotbed for businesses seeking to thrive in the Med Tech and Health Tech space.
Antony Merritt, Head of Enterprise, Inward Investment & Trade, Invest Bristol & Bath, said “From medical technology to synthetic biology, and digital health to therapeutics, our region is thriving. The West of England offers a distinctive blend of cross-sector collaboration and an exceptional ecosystem for business support and growth. It is the prime destination for success and prosperity."
At Medica 2023, Invest Bristol & Bath will spotlight the remarkable strengths of the region's Life Sciences sector, including its access to a highly talented research and development pipeline encompassing over 270 Med Tech and Digital Health companies. This dynamic Life Sciences sector has experienced a remarkable 25% growth over the past three years, resulting in the emergence of an expert workforce. Investing in the West of England means access to a well-connected network of support, with Enterprise Zones (EZs) and incubators ready to assist businesses at every stage of their journey.
To explore the immense potential of the region's life sciences, HealthTech, and MedTech sectors, schedule a meeting with us at Medica 2023. Our team is ready to facilitate introductions and organize meetings with expert partner organizations to support your business's location and growth plans.