Driving Medtech – Ireland’s Story
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By Duncan Gruselle, Executive Search Specialist – Ireland is a globally recognised centre of excellence for Medical Technology, home to over 300 MedTech companies. 13 of the world’s top 15 MedTech companies have operations in Ireland, with a total of 25,000 people employed in the sector. Ireland is now the 2nd largest exporter of MedTech products in Europe. Medical device and diagnostic products currently make up 8% of Ireland’s total merchandise exports.
The 300+ MedTech companies are supported by an integrated network of co-operating industry, academic, clinical and government agencies. With the highest number of personnel per capita employed in MedTech 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 specialists.
Industry and Academia co-operation
The MedTech sector also benefits from Ireland’s high ranking globally in termsof the employability of university graduates. The flow of skilled graduates is delivered through Ireland’s seven universities and 13 Institutes of Technology, but it is the close cooperation between industry and academic institutions that ensures the evolving skill needs of sector are constantly met. This close working between MedTech, Education and Research sectors reinforces the importance of exchanging of technology and ideas, which in turn helps drive growth in research and development.
An impressive 60% of MedTech companies in Ireland engage in research and development, supported by Ireland’s network of clinical research facilities.
InterSearch Ireland – Sourcing Talent
By combining InterSearch Ireland’s expertise across both the private and public sector, we deliver talent acquisition services to a variety of clients across the commercial MedTech sector as well as universities and academic research centres with a focus on MedTech.