H E A L T H I N S I G H T S for the economy and create jobs across the country . In 2021 , there were already around 60 different research programmes supporting innovative technologies , representing over £ 1 billion in funding .
• Increase understanding and awareness of MedTech by clinicians which will lead to more informed purchasing of new products and deliver better value for taxpayer money and better services for patients .
• Build on the Life Sciences Vision to improve collaboration between the NHS , the National Institute for Health and Care Excellence ( NICE ) and the Medicines and Healthcare products Regulatory Agency ( MHRA ) as an innovation partner to ensure patients can access the right products safely .
The implementation plan to deliver on this strategy will be published later in 2023 and
will include a review of the £ 1 billion spent on appliances in primary care and new comparison tools to enable better decision-making when purchasing which achieve the best results for patients . It will also include collaboration with the industry to ensure the availability of key products to keep patients safe .
“ It is essential that clinicians and patients can access the most impactful and cost-effective medical technologies , while MedTech companies need to be confident that they are developing products which meet the needs of patients and the NHS ,” added Dr Sam Roberts of the National Institute for Health and Care Excellence .
“ This strategy sets out a clear vision for the future . NICE is excited to be part of the delivery of this vision , working with our partners to further develop world-leading processes to provide a sustainable pathway for medical technologies , from innovation to implementation .” �
MEDTECH COMPANIES NEED TO BE CONFIDENT THAT THEY ARE DEVELOPING PRODUCTS WHICH MEET THE NEEDS OF PATIENTS AND THE NHS .