Concordance
Health Economics & MedTech Intelligence

Patients. Clinicians.
The system.

Your technology has to work for all three. We build the evidence that proves it.

Patients Clinicians The System
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Whatever the innovation is, it needs to provide value, fulfil an unmet need for patients and clinicians and the system. It needs to be a win, win, win for all three — otherwise it's never going to work.

The Concordance philosophy
You need the health economics case before you commit
Every health technology decision depends on evidence. We help you build it.
01
"Is there a market for this?"
A properly evidenced addressable market that holds up in a board paper or investor pitch. Not a top-down estimate.
02
"What does NICE need to see?"
The regulatory pathway, the evidence gaps, and a plan to close them. Before you start generating evidence — not after.
03
"Where does it sit in the pathway?"
Current standard of care, placement options, adoption barriers. The clinical context that shapes your value proposition.
04
"Will the NHS adopt it?"
The economic case that commissioners need. Budget impact, workforce implications, and how your technology fits NHS priorities.
05
"Can we get funding?"
The health economics sections, NHS need narrative, and market context that strengthen your grant application.
06
"Should we invest?"
Independent assessment of the market opportunity, competitive landscape, and commercial viability. Evidence for investment decisions.
Evidence that sharpens
your decisions
Health economics consulting for MedTech — diagnostics, AI, digital health, and medical devices. Every engagement is grounded in evidence.
Technology Positioning
Spin-outs & TTOs
Where does your technology sit in the clinical pathway? What's the addressable market? What evidence do you need? We build the health economics case that shapes your go-to-market strategy.
NICE Strategy & Evidence
NICE & HTA submissions
Pathway strategy, evidence gap analysis, study design guidance, and budget impact modelling. We help you understand what NICE needs to see — and build the case to show it.
Market Access & Reimbursement
Market entry & NHS adoption
Market sizing, competitive landscape, and the local reimbursement business case. For MedTech companies building an NHS adoption strategy from evidence, not assumptions.
Grant Support
NIHR & Innovate UK bids
We join your grant application as a named co-applicant, contributing the health economics and market context sections. We invest in your application alongside you.
Investor Due Diligence
PE / VC & acquirers
Independent market assessment for investors evaluating health technology opportunities. Market positioning, competitive landscape, regulatory pathway, and commercial viability — backed by evidence.
Annual Retainer
TTOs & innovation teams
Ongoing intelligence for organisations with a health technology portfolio. Market reads on any technology, deeper analysis when you need it, and regular briefings.
We monitor the markets our clients compete in
What we're seeing this week
How NHS spending, technology adoption, and clinical outcomes vary across England. Analysis for MedTech, diagnostics, and digital health companies.
View all insights →
Rigour, not guesswork.
Evidence, not assumptions.
We don't start from scratch on every project. Our analysis draws on deep, continuously maintained expertise across the UK health technology landscape.
1
You brief us
Tell us about your technology, your clinical area, and the decisions you need to make.
2
We build the evidence base
Market landscape, regulatory context, clinical pathway, cost benchmarks, competitive positioning — assembled for your specific technology.
3
Expert analysis
A health economist reviews, contextualises, and interprets. We add strategic narrative and highlight what matters for your decision.
4
Actionable intelligence
A structured report with clear findings and evidence-backed recommendations for your board paper, grant, or investor pitch.
Health economics
with depth
Concordance was founded by a health economist who saw the same problem on every project: the evidence existed but nobody had assembled it properly. We built the expertise — and the approach — to do it right.

We work with tech transfer offices, MedTech companies, and investors. Our clients range from university spin-outs preparing for market entry to established companies building their UK health technology strategy.

Health Economics

Early economic modelling, value proposition development, NICE strategy, clinical pathway analysis, evidence gap assessment, and reimbursement business cases

Decision-maker Access

Direct experience interviewing clinicians, commissioners, and procurement leads across NHS trusts and ICBs

Tech Transfer Networks

Active relationships with university technology transfer offices and health innovation networks across the North of England

Deep Market Knowledge

We maintain a depth of understanding across the UK health technology landscape that means we're never starting from scratch

Health economics for health technology
Common questions from MedTech companies, diagnostics firms, digital health startups, and investors entering the UK healthcare market.
What does a health economics consultant do for MedTech companies?

We help MedTech companies build the evidence case for NHS adoption. That means market sizing, budget impact modelling, cost-effectiveness analysis, NICE submission strategy, and reimbursement business cases. For diagnostics, AI, digital health and medical devices entering the UK market, health economics evidence is essential for NICE evaluation, commissioner engagement, and investor confidence.

How do I get my medical device or diagnostic approved by NICE?

NICE evaluates medical devices and diagnostics through several routes including the Diagnostics Assessment Programme, Medical Technologies Evaluation Programme, and Health Technology Evaluation. Each requires clinical evidence and economic analysis. We advise on which route is appropriate, identify evidence gaps, and build the economic models and submission documents.

What is market access strategy for health technology in the UK?

Market access strategy involves understanding NHS commissioning structures, building the economic case for adoption, navigating NICE and HTA requirements, and engaging with Integrated Care Boards and NHS trusts. It covers market sizing, competitive landscape analysis, pricing and reimbursement, and the evidence package NHS decision-makers need to adopt a new technology.

How much does the NHS spend on diagnostics and medical technology?

Total UK healthcare expenditure reached £317 billion in 2024. Medical goods — including diagnostics, devices and pharmaceuticals — account for approximately £34 billion. Spending is distributed across 42 Integrated Care Boards and hundreds of NHS trusts, with significant regional variation in adoption and expenditure. Read our full spending analysis →

Do you support NIHR and Innovate UK grant applications?

Yes. We join grant applications as a named co-applicant, contributing the health economics sections, NHS needs narrative, and market context. We work across NIHR i4i, SBRI Healthcare, Innovate UK Biomedical Catalyst, and similar funding programmes for health technology innovation.

What health technology sectors do you cover?

We work across diagnostics (in-vitro and point-of-care), medical devices, AI and software as a medical device (SaMD), digital health platforms, biosensors, and clinical decision support tools. Our expertise spans the full range of health technology entering the UK NHS market.

Ready to build the evidence your technology needs?

Whether you need a market landscape, a NICE strategy, or the health economics case for a grant — start with a conversation.

Start a conversation →
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