We operate in three broad market areas
Our purpose keeps us focused on markets where we can have the most beneficial impact on society while delivering strong growth over the short and long term: safety, the environment and healthcare.
Growth markets
Our companies operate in niches within these broad market areas. Each of these niches has a high exposure to long‑term growth drivers.
£947.5m
Safety Sector total revenue+5.0% YoY growth
Safety Sector
Our Safety Sector companies protect people and assets. Our innovative technologies play a critical role in addressing safety risks in public, commercial and industrial environments, keeping people and critical assets safe and helping to create a safer and more sustainable future for everyone.
£1,037.7m
Environmental & Analysis total revenue+33.6% YoY growth
Environmental & Analysis Sector
Our Environmental & Analysis Sector companies provide technologies that monitor the environment, ensure the quality and availability of life‑critical resources, and enable customers to analyse, test and transmit critical data through optical and photonic technologies.
£598.4m
Healthcare total revenue+4.9% YoY growth
Healthcare Sector
Our Healthcare Sector companies help providers improve the care they deliver and enhance patients’ quality of life. They support the discovery of new cures, the prevention, diagnosis and treatment of patient conditions, and the enablement of safer, more efficient healthcare delivery through data, systems and technology.
Long-term growth drivers
Our purpose gives us exciting opportunities for growth in a diverse range of markets, which have resilient, long‑term growth drivers and high levels of defensibility. These growth drivers reflect demographic trends, including ageing and urbanising populations, increasing demands on infrastructure and natural resources, and growing sustainability‑related opportunities. They are expected to persist over the long term and reflect fundamental global challenges.
In each of these areas, growth is underpinned by increasing safety, health and environmental regulation, as governments and regulators demand higher standards in response to these challenges.
A growing need to improve the safety and efficiency of vital industry and infrastructure
There is a growing need to safeguard people as they live and work in increasingly crowded spaces. Similarly, increasing automation and complexity in industrial processes means that there is more need to protect workers in these hazardous environments.
Increasing demand for better healthcare
As people live longer and the prevalence of chronic health conditions increases, so does the demand by healthcare providers for safer and more efficient diagnostic and treatment methods as innovation presents new options for prevention, diagnosis and treatment, and as aspirations to improve efficiency and the standard of care increase.
The growing need to protect life‑critical natural resources
Life-critical natural resources are increasingly threatened by scarcity, pollution and increasing demands from factors such as population growth and climate change.
Global efforts to address climate change, waste and pollution
As the impacts of climate change, waste and pollution become more severe, populations are increasingly affected.
