High-Growth Sector

Medical Devices & Health Tech

A market overview of active UK companies in Medical Devices & Health Tech. Figures exclude dormant and dissolved companies. Data refreshed 30 Apr 2026.

Active companies
7,913
trading & on register
Reporting turnover
963
12% of active
Reporting employees
7,016
89% of active
Register health
9%
of 8,950 on register are dormant

Company size (employees)

Active companies reporting employee counts

1-9
4,955
10-49
1,415
50-249
480
250+
166

Turnover distribution

Active companies reporting turnover

<£100k
45
£100k-£1m
107
£1m-£10m
268
£10m-£100m
449
£100m+
94

Where they're based

Active companies by major UK city (30km London, 15–20km elsewhere)

Greater London
1,840
Manchester
401
Birmingham
263
Leeds
150
Bristol
122
Glasgow
109
Cardiff
95
Liverpool
94
Belfast
68
Edinburgh
60

New formations by year

Active companies incorporated under this category (dormant shells excluded)

446
17
459
18
557
19
505
20
436
21
425
22
251
23
50
24
14
25
1
26

Largest by turnover

#CompanyTurnoverEBITDAEmployees3y growth
1SMITH & NEPHEW PLC£6.2B£1.4B-13%
2CONVATEC GROUP PLC£2.4B£610.0M-12%
3NUFFIELD HEALTH£1.5B£76.7M19,36114%
4LIVANOVA PLC£1.4B£245.7M3,30018%
5SPIRE HEALTHCARE LIMITED£1.3B£222.7M10,489-
6RAMSAY HEALTH CARE UK OPERATIONS LIMITED£738.9M£115.0M6,84811%
7MEDTRONIC LIMITED£690.0M£26.5M9988%
8BAXTER HEALTHCARE LIMITED£662.5M£69.8M1,5072%
9HCA INTERNATIONAL LIMITED£657.8M£102.8M5,3669%
10T.J.SMITH AND NEPHEW,LIMITED£637.5M£84.3M1,1928%
11BECTON, DICKINSON U.K. LIMITED£568.5M£18.6M1,6455%
12ABBOTT LABORATORIES LIMITED£539.5M£37.1M56611%
13DAY LEWIS PLC£506.8M£9.0M2,5565%
14BRITISH HEART FOUNDATION£410.6M£4.7M4,5455%
15COLOPLAST LIMITED£390.4M£29.8M7175%
16P2U HOLDINGS LIMITED£389.7M£10.0M1,15233%
17PHILIPS ELECTRONICS UK LIMITED£358.0M£26.0M833-1%
18GE MEDICAL SYSTEMS LIMITED£348.6M£15.8M7664%
19ROCHE DIAGNOSTICS LIMITED£343.5M£47.7M761-8%
20INHEALTH GROUP HOLDINGS PLC£337.3M£38.7M3,75316%

Fastest-growing

Active companies with turnover ≥ £1m, sorted by 3-year turnover CAGR

#CompanyTurnoverEmployees3y turnover growth
1MEDLOOP LIMITED£1.3M5970%
2CONTURA ORTHOPAEDICS LIMITED£5.6M15590%
3INTELLIGENT ULTRASOUND LIMITED£1.4M22161%
4SPECTRUM WELLNESS UK LTD£13.5M162142%
5INDUCTION HEALTHCARE GROUP LIMITED£14.4M74119%
6MEDEXPRESS ENTERPRISES LTD£114.1M281106%
7MTIF (BEZ) LIMITED£1.2M-96%
8OPELLA HEALTHCARE UK LIMITED£56.2M6895%
9ATHERA HEALTHCARE GROUP LIMITED£2.9M4494%
10HELIOSX HOLDINGS LIMITED£178.4M28888%
11HUMA THERAPEUTICS LIMITED£30.1M33778%
12INHEALTH ECHOTECH LIMITED£9.3M11778%
13CERA CARE LIMITED£225.0M9,03870%
14CAREIUM UK LIMITED£22.8M38663%
15FEEDBACK MEDICAL LIMITED£1.2M2660%
16KOOTH PLC£66.7M59359%
17CONGENICA LTD£4.7M4357%
18CORCYM UK (HOLDING) LIMITED£4.2M654%
19POLAREAN IMAGING PLC£3.1M2652%
20LOMBARD MEDICAL LIMITED£13.5M4651%

Newest formations

Most recently incorporated active companies

#CompanyLocationIncorporated
1ALTOMED GROUP HOLDINGS LIMITEDToddington2026
2DELTEX MEDICAL HOLDINGS LIMITEDChichester2025
3SURGICAL NEUROLOGY LIMITEDAshford2025
4AGE REFINED HOLDINGS LIMITEDGlasgow2025
5IVAN SPINAL SURGERY HOLDINGS LIMITEDSt. Ives2025
6LABYRINTH LABORATORIES HOLDING LIMITEDBirmingham2025
7CAMDIAB HOLDINGS LIMITEDLondon2025
8MYLINE ALIGNERS LTDLondon2025
9CONCEPTA DIAGNOSTICS LIMITEDCardiff2025
10GE HEALTHCARE PHARMACEUTICAL DIAGNOSTICS HOLDING LIMITEDChalfont St. Giles2025
11NS MEDCARE LTDSheffield2025
12BEHOLD.AI GLOBAL TECHNOLOGIES LTDHitchin2025
13AVICENNA HEALTH GROUP LTDDerby2025
14VISTA SIGNATURE SMILE LIMITEDLeamington Spa2025
15PROXXIMOS LIMITEDSevenoaks2025
16ACTIVINSIGHTS HOLDINGS LIMITEDSt. Neots2024
17THE CANNABASED CLINIC LTDDerby2024
18BAXTER INTERNATIONAL LIMITEDNorfolk2024
19BAXTER MEDICAL LIMITEDNorfolk2024
20POSITIVE SOLUTIONS HOLDINGS LIMITEDMalvern2024