Leading Names in MedTech
Ireland’s MedTech sector has a 50-year track record of attracting investment and the sector now includes more than 300 companies. Many IDA Ireland MedTech clients have multiple sites around Ireland.
- Ireland is home to 14 of the top 15 MedTech companies – spanning multiple sites across the country
- Over 50,000+ people employed in the sector
An Exporting Powerhouse
The sector continues to evolve, expanding its capabilities to include innovation, digitalisation and next-generation technologies. Sub-sectors include: Vascular/Neuromodulation, Orthopaedic, Diagnostics, Hospital/Homecare Products, Ophthalmic, Drug Delivery /Combination Devices, Healthcare Services/Technology Operations, Connected/Digital Health.
- €14.9+ billion annual exports
- MedTech accounts for 8% of exports from Ireland
Collaboration Made Easy
Ireland’s MedTech ecosystem provides multiple opportunities for collaboration, asset sharing, supplier relationships and co-investment. Its mature, integrated medical technology community spans cutting-edge industry, academic and clinical research groups and government agencies.
- Interact with leading names in software, engineering and industrial technology, cybersecurity and more
- World-class research centres focus on medical devices, advanced materials, smart manufacturing, data analytics
Source Great Talent
There are over 50,000+ people employed in Ireland’s MedTech industry. This makes Ireland the largest employer of MedTech professionals in Europe per capita.
- A deep pool of highly trained technical and managerial MedTech talent
- Fast-track support for employment permits for skilled international labour
Support for Innovation
There is a range of supports available in Ireland at every stage of MedTech activity, from early-stage research through to near-commercial activity. These include incentives for building in-company capacity, sourcing skills, and collaboration opportunities.
- Feasibility and research grants, plus a tax credit of 25% for R&D activity
- Irish ecosystem connects people, ideas and technology
