It was announced today that 100 Irish medical technology companies are meeting with 300 international blue-chip company buyers from 40 countries at Enterprise Ireland’s biennial Med in Ireland event in the RDS in Dublin.
Med in Ireland 2019 will host a dedicated Medtech Innovation Zone – highlighting what drives the success of Irish companies, from funding to collaboration with the research community. Ireland’s most innovative medtech companies will have the opportunity to demonstrate their new solutions to healthcare delivery to an audience of international buyers.
The medtech sector in Ireland employs 40,000 people, making Ireland – per capita - the largest medtech employer in the EU. Ireland is one of the leading clusters for medtech product globally, and in 2018, Enterprise Ireland recorded 7% export growth to €1.73bn for the lifesciences sector in the twelve-month period.
With over 300 medical technology companies in Ireland - of which 200 are indigenous - the event promotes Ireland as a globally recognised centre of excellence in medtech innovation and technologies.
Speaking at the event, Minister of State for Trade, Employment and Business, Pat Breen said, "Med in Ireland is a great opportunity for international organisations to engage with Ireland’s existing and emerging leaders across the design, research, development, prototyping, manufacture and marketing of highly innovative medical products and services. In Ireland we present a unique collaborative environment for industry with our vibrant network of highly innovative indigenous companies, large well established FDI multinationals, a continually developing world-class research base and a strong industry-focussed clinical community."
Executive Director at Enterprise Ireland, Stephen Creaner added, "Ireland’s world class innovation and research ecosystem are now driving global market penetration for Irish made products and services. Enterprise Ireland has put a focus on facilitating successful partnerships, between indigenous Irish companies, globally reputable healthcare systems and medtech manufacturers."