Market Sectors

The defence market is globally worth over $1.6 trillion with the UK spending an estimated $59.6 billion on defence projects and managing to export ~$1 billion of product. Defence needs physics research in a large variety of ways, that touch on almost all research topics. Examples include new and improved sensors in each part of the EM spectrum as well as the processing required to turn this data into information.

 

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Physics often plays a fundamental role in developments within the life sciences. This includes the development of advanced technology for medicine but SUPA goes significantly further by challenging the way that life scientists perceive and understand the biological world, and working with life science and medical technology companies to develop new and exciting technology and techniques. Key markets within the SUPA’s physics and life science theme are point-of-care diagnostics ($13.7bn), pharmaceuticals ($643bn) and microscopy ($3bn).

 

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Medical Imaging is a $20 Billion per annum market which incorporates various modalities to discover the state of organs etc within the body without invasive procedures. These modalities go from the now traditional X-ray radiography to Magnetic Particle Imaging and include Nuclear Medicine.

 

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