Sectoral Strengths - Medical Technology

SECTORAL STRENGTHS

Medical Technology

Ireland Sectoral Strengths Medical Technology

Plan your next meeting, conference or incentive experience in Ireland, a hotspot for MedTech innovation

Ireland Sectoral Strengths Medical Technology

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s one of Europe’s largest medical technology hotspots, Ireland plays a vital role in the MedTech sector. We are the second-largest exporter of medical devices and technologies in Europe, supplying innovative technology to 95 out of the top 100 countries (by GDP).

With a regionally diverse industry, we employ the highest number of MedTech personnel per capita in Europe, boasting incredibly strong services, contract research and manufacturing bases. Our passion for innovation within this thriving sector is supported by industry and government alike as we strive to look for new ways to enhance competitiveness, develop new capabilities and generate sustainable growth opportunities.

€12.6billion exports annually

40,000

employees in our globally recognised MedTech sector

50 %

of the companies located here are in the business-to-business space

300+ MedTech companies based here

Our key MedTech activities include Minimally invasive technology Implanted devices

Ophthalmic and optical products and technology

Diagnostic equipment and imaging systems

Electronic health records technology

Surgical systems

Telecare/telemedicine

Dental equipment and devices

Services and contract research

Drug delivery devices

Manufacturing

Digital health technology

Analytics and diagnostics

Did you know?

Medtronic, considered to be the most important MedTech company in the world, moved its HQ to Ireland in 1999 and now employs over 4,000 people across five sites in Galway, Dublin and Athlone

Ireland manufactures 33% of the world’s contact lenses

A quarter of the global diabetic population use Irish-made injectables

The country boasts five clinical research facilities which support patient-focused research and are ranked number one globally for the exchange of technology and ideas

70 %

of MedTech companies in Ireland engage in research and development activities, as a result of a supportive environment and generous government grant assistance

Ireland Sectoral Strengths Medical Technology

Key Players 1. Zimmer Biomet

8. Becton Dickinson

2. Boston Scientific

9. Fresenius Kabi Ireland

3. Baxter Healthcare

10. Philips Healthcare

4. Danaher

11. Abbott

5. Stryker

12. GE Healthcare

6. Cardinal Health

13. Johnson & Johnson

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7. Siemens Healthineers

Company Spotlight

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2. Boston Scientific

Employing over 4,000 people in Ireland, mostly based in their Galway manufacturing site, Boston Scientific has been in Ireland since 1994. The company produces and exports approximately 10 million medical devices across the globe each year, while also researching, developing and designing new products at its sites in Clonmel, Cork and Galway.

7. Siemens Healthineers

With approximately 5 million people benefiting from Siemens Healthineers medical products daily all around the globe, this German company is at the forefront of the global sector. The company’s work in Dublin helps to produce diagnostics equipment such as X-ray, ultrasound and MRI machines, as well as offering other lab-based diagnostic services.

11. Abbott

Abbott has been in Ireland since 1946 and employs almost 3,000 people over nine locations. Their laboratories and manufacturing sites develop and create a wide range of medical diagnostic tools, nutritional products and pharmaceuticals.

Professional Associations

17. I rish MedTech Association (IMA) 18. I rish Medical and Surgical Trade Association (IMSTA) Research/Innovation Centres

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19. T yndall National Institute 9 22

7 2318 4 15 1 17 14 12 5 3 20 16 13 11 8 24

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10

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20. A mber Centre – Advanced Materials and Bioengineering Research 21. C uram – Science Foundation Ireland Research Centre for Medical Devices 22. A pplied Polymer Technologies Institute Academia

23. University College Dublin (UCD)

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24. Trinity College Dublin (TCD)

Key Contacts State Bodies

25. University College Cork (UCC) 26. University of Limerick (UL)

14. IDA (Industrial Development Authority)

27. National University of Ireland Galway (NUIG)

15. Enterprise Ireland (EI)

28. Institute of Technology Sligo (IT Sligo)

16. H ealth Products Regulatory Authority (HPRA)

29. Waterford Institute of Technology (WIT)

Plan your next MedTech meeting, conference or incentive experience in Ireland and discover innovative technology, worldclass facilities and ground-breaking opportunities.

Your building blocks to success As a global MedTech organisation, association, professional conference organiser or destination management company, you are seeking inspiration, introductions, and information about Ireland — one of the world’s top business tourism destinations.

Let the Meet in Ireland team at Fáilte Ireland, the National Tourism Development Authority, assist you with: Recommendations on destinations in Ireland based on sectoral strengths Where possible, facilitating introductions to industry and academic leaders and economic development agencies Assistance in request for proposal placement, connecting you with relevant suppliers Destination supports – site inspection funding and programme enhancement funding The Meet in Ireland team is standing by to help you plan your next corporate meeting, conference or incentive trip, drawing on the unique beauty and innovative spirit of Ireland.

For more information, please contact us on: T: +353 1 884 7152 E: info@meetinireland.com Or visit www.meetinireland.com