Life Sciences And Medical Technology Payment Trends: 2024 vs 2025
Life Sciences & MedTech Payment Performance: A Marginal Improvement in 2025 (63.1 vs 60.8)
The Comparison
Here's a snapshot of payment practices across Life Sciences and Medical Technology sectors:
- 2024: Analyzed data from 113 companies, yielding an average payment score of 60.8 out of 100.
- 2025: Analyzed data from 99 companies, showing an average payment score of 63.1 out of 100.
What This Means
While the sector demonstrates a slight increase in payment performance between 2024 and 2025, the 2.3-point improvement is relatively small, suggesting the underlying payment challenges within the industry are proving difficult to shift. This indicates consistent but slow adjustments in payment terms or efficiency in processing invoices in the sector. Use this late payment calculator to see how late payments can affect your profitability.
In a single line: Payment performance in Life Sciences & MedTech crept up from 60.8 (out of 100) across 113 firms in 2024 to 63.1 across 99 firms in 2025.
Read next
Late payment in the UK is quietly improving — but your invoice still depends on who you sell to
We analysed over 100,000 published UK payment-practice reports. Late payment is falling — from 20% of invoices paid outs
UK Company Payment Practices 2025: Biggest Risers, Fallers & New Entrants
How UK companies' payment practices changed in 2025 — the biggest improvers, the firms slipping, and the strongest new e
Agriculture Payment Practices Report 2025
The UK agriculture sector is significantly outperforming the UK average for payment practices, suggesting a degree of fi
Northern Ireland Payment Trends: 2024 vs 2025
The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance