Ireland must seize the opportunities being created by the continued growth in the global medtech market, expected to be worth €475 billion next year.

That will be the key message from more than 30 leading medtech professionals, including CEOs, Fortune 500 business leaders and international experts, at “Medtech Rising: The Irish Medtech CEO Conference taking place, in Galway, on 6 and 7 December.

During the conference, Ibec CEO Danny McCoy will outline practical solutions to assist businesses facing uncertainty generated by Brexit. With almost one in three medtech business leaders stating that they expect Brexit to have a negative impact on their business, it is imperative that businesses are sufficiently aware of the risks posed and have the necessary tools to respond and adapt."

Irish Medtech Association Director Sinead Keogh said: "Ireland is a gateway to the €110 billion European medtech market. Our medtech sector is world class, with 9 of the top 10 companies having a base here. Business leaders in Ireland continue to be ambitious for the future with 7 out 10 respondents of our recent Irish Medtech Sentiment Survey stating that they expect their company’s profitability to increase”.

Source: www.businessworld.ie