University of Leeds MedTech PBIAA – Supporting Evidence

This study sought to provide a base of evidence that could be used to support an application by the University of Leeds for Place Based Impact Accelerator Account (PBIAA) funding that can further enhance medical technology research, development and innovation activity within the proposed geography. The study combines qualitative and quantitative research including a desk-based review of national and regional strategies and policies, collation and analysis of company data from various open and proprietary sources and one-to-one consultations with eight strategic external stakeholders from industry, academia, and policy development spheres. The study demonstrates that the proposed PBIAA geography represents a geographically suitable medical technology cluster, aligns with national and regional strategies and policies, and provides detailed data on 238 medical technology companies that can be used for targeted engagement activity and baseline impact metrics. The research also highlights future challenges, including private investment availability, start-up pipeline development, and accessibility of PBIAA activities for companies of various sizes and resources.