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MedTech

Why Ireland for MedTech investment

  • Join one of Europe’s largest MedTech hotspots and a global centre of excellence with ongoing R&D investment

  • MedTech activity spans product, process and digital innovation, manufacturing, technology operations and business services

Source the skills you need to make your investment in Ireland a success

Connect with us

Source the skills you need to make your investment in Ireland a success

Connect with us
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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
Idea Settings

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
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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
Human Resources Team Settings

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
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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

We are committed to Ireland and will work with all local partners to build this state-of-art next generation biomanufacturing facility as a showcase to the global biotech community

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Success Stories: Hear from leaders calling Ireland home

A proven path

See all Success Stories
Pfizer
Cadence
Analog Devices
Toast
ServiceNow
eSentire
Leading global player has invested $9 bn+ in Irish operations

Leading global player has invested $9 bn+ in Irish operations

Pharmaceutical manufacturing in Ireland continues to perform very well contributing strongly to exports and economic growth and provides excellent career opportunities.

Cork facility designated as European R&D Centre of Excellence

Cork facility designated as European R&D Centre of Excellence

The timing and scale of this Cadence investment is a real boost to Cork’s growing reputation as a specialised R&D hub. Due to our proximity to the University College Cork and Munster Technological University as well as to Ireland’s largest ICT research centre, The Tyndall Institute, the region provides an amazing engineering and computer science talent pool to draw from.

1500 employees across three sites in Ireland (Limerick, Cork and Dublin)

1500 employees across three sites in Ireland (Limerick, Cork and Dublin)

Since 1976, Ireland has been a critical innovation centre for ADI, thanks to its strong academic and research organisations, business ecosystem, and progressive government leadership. This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence.

Irish operation has become a strategic global engineering hub

Irish operation has become a strategic global engineering hub

Toast originally chose to invest in Ireland largely for its concentration of high-level technical capability; over the last several years, we’ve come to reap so many more benefits from our strategic investment here–ease of collaboration with other Toast teams, Irish hospitality, and more.

Company makes Ireland one of its largest international sites

Company makes Ireland one of its largest international sites

We think that Ireland has really become the gateway to the European Union. There’s so many things that US companies gain from their relationship with Ireland.

 eSentire's Cork site has become a service delivery centre of excellence and now employs 52 people

eSentire's Cork site has become a service delivery centre of excellence and now employs 52 people

There’s a global shortage of cybersecurity professionals, it’s well documented that it’s very hard to hire and retain cybersecurity professionals. We’ve been able to hire very high-quality talent, who are doing a great job. There’s a very strong work ethic and culture here, eSentire has several very, very strong partnerships, and I emphasise the word ‘partnership’. A good example is Munster Technological University: they have what I would describe as the leading programme in cybersecurity in Ireland, hands down.

Find your European home

Find your European home