Medical Technology

GLOBAL LEADER

Ireland’s MedTech sector has become one of the leading clusters for medical device products globally. Exports of medical devices and diagnostic products now represent 8% of Ireland's total merchandise exports.

50%
of ventilators used in acute hospitals worldwide
33%
of the world's contact lenses
30 million people
with diabetes use Irish made injectable devices
2nd largest exporter
of MedTech products in Europe
€12.6 billion
in MedTech exports annually

Centre of Excellence

Ireland is home to a closely knit cluster of 300+ MedTech companies, supported by industry, academic, clinical and government agencies. This integrated and progressive community has already encouraged an increasing number of companies to expand operations across multiple facilities.

Talent

With the highest number of personnel per capita employed in MedTech in Europe, Ireland has a deep pool of experienced and highly trained technical and managerial talent. Key areas of specific excellence include mechanical, electronic, materials engineering and science specialists.

Education

Ireland is ranked number one globally for the most highly employable graduates. The MedTech sector benefits from this flow of skilled graduates produced by Ireland’s seven universities and 13 Institutes of Technology. Close cooperation between industry and academic institutions ensures the evolving skill needs of sector are constantly met.

Track Record

As the second largest exporter of MedTech products in Europe, Ireland supplies 95 of the world’s top 100 countries (ranked by GDP). Over 25% of the world’s population that have diabetes rely on injection devices made in Ireland. An impressive 50% of ventilators in acute hospitals worldwide are manufactured in Ireland. While 33% of the global supply of contact lenses are made here.

Regulatory environment

Ireland’s exemplary regulatory environment continues to play a key role in attracting global MedTech companies. Regulation agencies work closely not only with the industry as a whole but also with individual companies to ensure compliance and trouble-free start-ups.

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