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.
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.
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.
There are over 40,000 people employed in Ireland’s MedTech industry. This makes Ireland the largest employer of MedTech professionals in Europe per capita.
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.
As you start to think about how Ireland is the best place to help you scale globally, IDA Ireland is here to offer comprehensive pro bono support for your company. As Ireland's inward investment promotion agency, we are a non-commercial, semi-state body promoting foreign direct investment into Ireland.