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GLOBAL LEADER

Ireland’s MedTech sector has become one of the leading clusters for medical device products globally.
Exports of Med Tech products represent 8% of Ireland’s total merchandise exports.

Contact Lenses

  • Ireland is the no. 1 exporter of contact lenses from the EU and globally.

  • Contact lens exports from Ireland totalled over €1bn in 2020.

Stents

  • Ireland is the no.1 exporter of stents in the EU and globally.

  • Stent exports from Ireland totalled over €2bn in 2020

Artificial Joints

  • Ireland is the 4th largest exporter of artificial joints in the EU and the 3rd largest globally.

  • Artificial joint exports from Ireland totalled over €1.3bn in 2020.


 

Diagnostic Reagents

  • Ireland is the 2nd largest exporter of diagnostic reagents for patient administration from the EU and the 3rd largest globally.

  • Exports from Ireland totalled over €306m in 2020.

Centre of Excellence

Ireland is home to a closely knit cluster of 300+ MedTech companies (indigenous and SME), 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.

Talent

14 of the world’s top 15 medical device companies have a base in Ireland and the sector employs 40,000 people throughout the country- making Ireland the largest Med Tech employer per capita 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.

Education

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 10 universities and 14 Institutes of Technology. Close cooperation between industry and academic institutions ensures the evolving skill needs of sector are constantly met. 

Track Record

As the 2nd largest exporter of MedTech products in Europe, Ireland supplies 97 of the world’s top 100 countries (ranked by GDP), for 13 billion euro worth of exports a year.  Ireland’s MedTech performance is built on a proven track record for consistent operational excellence and innovation. Ireland is home to multiple Shingo award winners, and two World Economic Forum global lighthouses for Industry 4.0 (DePuy and Jannsen). 

Regulatory environment

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.

Research & Development

Ireland boasts seven 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 75% of MedTech companies in Ireland engaging in research and development activities. 

Close Collaboration

The key driving force behind the stunning success of Ireland’s globally recognised MedTech sector has been active collaboration between companies. The industry is also closely integrated with key academic centres of excellence, including CURAM, AMBER, Tyndall National Institute, Insight, BDI, SEAM, PEM and APT. Ireland is home to 7 clinical research facilities and is ranked number 1 globally for Knowledge Diffusion.

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