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Ireland is the Global Hub of Medical Technology

The medical technology sector in Ireland has grown in leaps and bounds over the year. The sector currently employs almost 25,000 people directly. The industry saw exports of €7.3bn in 2011 – a rise of 16% from year 2008. Opulentus IrelandBarry O'Leary, CEO, IDA Ireland said that “Seventeen of the world's top 25 medical-technology companies have invested significantly in Ireland and there is a strong established cluster incorporating foreign and indigenous companies. A number of these indigenous companies have been acquired by multinationals, demonstrating the capability and innovation of the sector." Three things have made Ireland the preferred hub of global medical technology. They are:

  • Tax
  • Talent
  • Technology
Ireland is leading in Vascular, ophthalmics, orthopaedics, diagnostics and hospital and home product sections. The country is finding innovative ways to stay in the sector and be the numero uno among other countries. Encouraging entrepreneurs from major Ireland companies and businesses are finding ways to link the sector with academic researchers and clinicians. Researchers and clinicians are the persons who contribute and also can do research on new products, technologies and solutions. IDA's Barry O'Leary states: "It is clear from the trends in the industry that Ireland is well placed as a global player in the medical-technology sector and will be a major contributor to global healthcare and the global economy in years to come." The sector is poised to grow in coming years as demand for innovative medical technology, products and services grow in world market. This is the right time for skilled professionals from the sector to move to Ireland. Fill a simple FREE Evaluation Form to know your eligibility. Contact us on 1800 103 1555 or sms “VISA” to 56263 for more information. Connect with us on Facebook.

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