UK medical device technology market is projected to grow at a significant CAGR of around 2.8% during the forecast period (2020-2026). Before Brexit, UK followed the rules and regulations for medical devices, as imposed by the European Union. However, post Brexit, the country has announced new rules and regulations regarding the medical devices.
Orion Market Research
UK Medical Device Technology Market: Analysis Report, Share, Trends
and Overview 2020-2026
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UK medical device technology market is projected to grow at a significant CAGR of around 2.8% during
the forecast period (2020-2026). Before Brexit, UK followed the rules and regulations for medical
devices, as imposed by the European Union. However, post Brexit, the country has announced new rules
and regulations regarding the medical devices. These new regulations are expectedly to offer growth to
the market in the country, as now the manufacturers do not have to comply the EU-based long hailing
norms. The UK Medicines and Healthcare products Regulatory Agency (MHRA) has posted new
regulations regarding medical devices placed on the market in Great Britain (and Northern Ireland and
European Union (EU)) starting January 01, 2021.
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A
full
report
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UK Medical
Device
Technology Market
is
available
at:
https://www.omrglobal.com/industry-reports/uk-medical-device-technology-market
From January 01, 2021,?the roles and responsibilities of companies engaged in the manufacturing and
supplying medical devices, including IVDs, will slightly change. Manufacturers that are planning to place
a device on the Great Britain, will first need to register with the?MHRA. The Government of UK will
continue to accept CE marked devices on the Great Britain market until June 30, 2023. Manufacturers
will need to comply with relevant product marking and conformity assessment requirements for medical
devices, including IVDs. As of January 01, 2021, medical devices placed on the Grea