Ireland is Europe’s largest MedTech hotspot and, as a globally recognised centre of excellence, is home to 300+ companies, employing 25,000, and includes thirteen of the top fifteen global players. Ireland also employs the highest number of MedTech personnel per capita in Europe.
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.
30 million people
2nd largest exporter
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.
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.
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.
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 35% of the global supply of contact lenses are made here.
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.
Ireland boasts five clinical research facilities, which support patient-focused research and is ranked number one globally for the exchange of technology and ideas. This supportive environment and generous government grant assistance is responsible for an impressive 60% of MedTech companies in Ireland engaging in research and development activities.
The key driving force behind the stunning success of Ireland’s globally recognised MedTech sector has been active collaboration between companies. Over 25% of companies have a shared services mandate, helping the sector develop world-class operations and technology solution development. The industry is also closely integrated with key academic centres of excellence, including AMBER, Tyndall National Institute, BDI, SEAM and APT.
Explore the current business landscape in Ireland and see what's happening on the ground now.
SLIGO, January 16th, 2017 – AbbVie (NYSE: ABBV), a global research and development-based biopharmaceutical company, today announced an expansion of its manufacturing facility in Sligo to support the growth of its Oncology pipeline.
Jaguar Land Rover has selected Shannon as it is globally recognised as a centre of excellence for current and future software engineering talent.
January 10, 2018: An initiative by The Bar of Ireland supported by the IDA and the legal community was launched by the Minister for Justice and Equality, Charlie Flanagan, today (Wednesday) seeking to promote Ireland as a leading centre globally for international legal services.
IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment to Ireland, has today confirmed it has selected Three Park Place on Upper Hatch Street in Dublin 2 as its preferred option for its new Global Headquarters.
19,851 Jobs Created in FDI companies – third consecutive year of strong growth under current strategy
A team of researchers has helped to construct the first genetic map of the people of Ireland to help us better understand hereditary conditions.
A new study into autoimmune diseases suggests that the severity of symptoms might be dependent on how your body clock is ticking along.
Researchers have discovered the first evidence of living bacteria in polar ice samples, opening up new possibilities for alien life.
A team from NUI Galway has built a device that helps those with Parkinson’s to manage one of the disease’s most debilitating symptoms.
The future is bright for girls and women in technology, as was showcased at the fifth edition of the European Ada Awards, held at BeCentral, a major digital transformation hub in Brussels.
The AMBER centre has been set the task of creating scratch-free surfaces to overhaul the optics and auto industries as part of an €8.2m EU fund.
The projected boost in media and entertainment is primarily fuelled by increased internet access and the growth of online advertising.
Halo Business Angel Network (HBAN) has confirmed that angel investors in the south-east region of Ireland have €10m to invest in local start-ups over the next three years.
Ireland - The Popular EU hub for IP development and Exploitation
December 19, 2017 (Lismeehan, County Clare) Beckman Coulter, which develops, manufactures and markets products that simplify, automate and innovate complex biomedical testing, is expanding the company’s development and manufacturing facility at Lismeehan, County Clare, creating 70 jobs over the next two to three years.
December 15 2017 Dundalk. National Pen, a leading global provider of personalised marketing merchandise, is celebrating its 30th anniversary in Dundalk.
The expansion, creating 250 jobs, is supported by the Irish Government through IDA Ireland.
The company established its’ International Headquarters in Dundalk in 1987, comprising a manufacturing plant which personalises promotional products, and a contact centre which supports corporate functions including Finance, HR, Recruitment, IT, E-commerce and other support functions.
Pluralsight, the enterprise technology learning company, today announced plans to open a new EMEA headquarters in Dublin in early 2018. The Dublin office will house the company’s strategic business operations for the region and support its growing customer base in Ireland and throughout Europe, Middle East and Africa.
Dublin, Ireland, 11 December, 2017: Huawei, the global ICT leader, today announced a new research partnership with Trinity College Dublin as part of its growing R&D footprint in Ireland. At an event at Trinity College Dublin, Guo Ping, Huawei Deputy Chairman & Rotating CEO, also announced the expansion of the company’s Cork R&D operation, which is growing from a small team to nearly 20 highly-skilled staff.
Antares Vision, the leading Italian inspection systems, track & trace and smart data management solutions provider for the most demanding sectors including pharmaceutical, medical devices, cosmetics, food & beverage, today announced it is to establish a Software Development Centre in Galway, creating 53 jobs in 5 years in Computer Vision and Artificial Intelligence
Keeper Security, Inc., the world’s leading password manager and secure digital vault, today announced the opening of its first European office at 9 Parliament St., Cork T12 NY99, Ireland. The office will provide local management, enterprise sales and engineering support for Keeper’s growing EMEA business customer base.
The new office in Cork will staff 50 employees over the next 2 years. This team will include a Sales Director, Office Manager, Training and Pre-Sales Engineer, and Sales Representatives to support the UK, Ireland, Northern Europe, France, Germany, Austria, Switzerland, Italy and the Middle East.
1st December 2017, Dublin- SANNE has today announced that it plans to grow its presence in Dublin by developing a fully integrated client services offering that includes fund administration, financial reporting, company secretarial and management support services. Given this new development it is expected SANNE’s Irish operation will continue to grow in size and mean a focus on new recruitment from within the local Dublin employment market. The company which is based in Dublin has the capacity to accommodate 100 executives with recruitment already underway.
DUBLIN, November 30 2017 – Equifax Inc., a global information solutions company headquarted in Atlanta, Ga., announced today the creation of 150 new jobs in Dublin over the next 12 months, bringing its total Irish workforce to more than 350. Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection Pat Breen T.D, Mark Rohrwasser, Interim Chief Information Officer at Equifax, and Paul O’Dwyer, IT Development Centre Leader met to discuss the expansion.
Engineers at Trinity College Dublin have unveiled the first prototype for a robot designed to work in care homes.
The Mary Mulvihill Memorial Award honours the memory of the science journalist, author and founder of Ingenious Ireland.
All Irish girls nominated are members of CoderDojo, which attests to the impact the organisation has had.
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