Celebrate 100+ years of medtech in Ireland
“Medtech Rising 25: The making of Ireland’s global medtech powerhouse”. This exclusive publication includes interviews with more than 40 senior business leaders, policymakers, and experts, as well as 110 years’ timeline. It offers both a comprehensive exploration of how Ireland’s economy has grown and is demonstrating leadership in digital and AI, sustainability, manufacturing and more with exclusive insights from Medtronic, Stryker, Siemens, Boston Scientific, as well as homegrown success stories from Aerogen, to LUMA Vision and more.
Danny McCoy, Ibec CEO, said, “Ireland has been advancing policy and its outward looking nature for decades. One of our biggest strengths is how easily people and ideas connect with constant cross-pollination with researchers, engineers, and entrepreneurs working side-by-side. Getting policy right is essential too, especially as Europe competes with the United States. Ireland needs modern regulation to support medtech growth, and our continued advocacy to get it right. Despite challenges around the world, Ireland is well placed to keep growing in areas such as AI, digital health, and advanced manufacturing.”
Dr Eoghan Ó Faoláin, Irish Medtech Director, added, “As we celebrate the 25th anniversary of Irish Medtech, setting a bold vision for the future will help us as a maintain momentum global powerhouse. The sector already stands out with 550 businesses, employing 50,000 people, and exporting €20 billion of lifechanging technology. However, more needs to be done to maintain our competitiveness. One of the major opportunities for Ireland as a global leader is in digital and AI leadership. The digital health segment estimated to grow at over 17.4% between 2021 and 2027 to €426 billion. But growth isn’t just measured in numbers; it’s measured in impact. Every new device, every new breakthrough represents lives improved and care transformed. This is the true measure of our industry’s collective success, and the underscores the importance of getting the EU Digital Omnibus right.”
Ciara Finlay, Irish Medtech Senior Executive, concluded, “We are launching ‘Medtech Rising 25’ at an important time as Ireland hosts its eighth Presidency of the Council of the EU marking an opportunity to advance the EU Digital Omnibus. If the EU get this right not only will it stimulate competitiveness it can foster innovation that saves lives. This publication highlights how Ireland has become a global powerhouse with interviews on how AI is helping GPs tackle hypertension, as well as its use in cancer screening, and how AI is helping detect brain injuries early in newborns. These case studies showcase the importance of getting the legislative landscape right as a location for both business and disruptive innovation. We need to ensure compliance across sectoral legislations, with harmonised pathways for certification, as well as protections data sharing to protect patients and IP.”
