Irish Medtech Awards launched as sector reaches €20billion in exports with 50,000 employed
- Despite growing success in Irish sector, trade uncertainty a cause for concern
Irish Medtech, the Ibec group that represents the medtech sector, Enterprise Ireland and IDA Ireland today launched the Irish Medtech Awards 2025, which are held as part of Medtech Rising, 4 December, in The Galmont, Galway.
Dr Eoghan Ó Faoláin, Irish Medtech Director, said:
“For the best part of two decades these awards have been an incredible opportunity to celebrate the business both homegrown and foreign that are saving and improving lives. Ireland is one of the top 5 global medtech hubs, with nine of the world’s top 10 medtech companies having a base here, now employing 50,000 people and reaching new heights of €20 billion in exports. However trading uncertainty against the backdrop of fluctuating growth forecasts means that it’s more important than ever to showcase the success stories here.
The Irish medtech community is not only tackling health challenges, they are transforming how they do this in their organisations with teams that better represent the patients they serve, and more sustainable practice under an increasing digital age to transform care solutions. This is reflected in our nine award categories that open today for application, and close 10 October. Additionally, members of the public can submit their nomination for the Outstanding Contribution to Medtech is awarded to individuals who have gone above and beyond to advance the industry beyond their own organisations.”
The award categories are:
- Medtech Company of the Year Award
- Emerging Medtech Company of the Year Award
- Collaboration in Medtech Award
- Medtech Partner/Supplier of the Year Award
- Digital Health Innovation of the Year Award
- Best Diversity and Representation Company Initiative Award
- Best Talent Strategy in Medtech Award
- Best Process-Product Innovation in Medtech Award
- Sustainable Medtech Company of the Year Award
John Nugent Department Manager, Medical Technologies and Healthcare Services, IDA Ireland said:
“Ireland is a hotspot for medtech that continues to attract investment thanks to the sector spanning R&D, digital innovation, manufacturing, business services, and much more. Medtech is constantly evolving adding new capabilities and technologies with many IDA clients having multiple sites across Ireland to deliver their ambition leveraging our deep talent pool, opportunities for collaboration, and support from access to worldclass research facilities. Connecting people, ideas, and technology are key to our success, that’s why IDA Ireland is proud to co-host Medtech Rising, with Irish Medtech, and Enterprise Ireland.”
Cepta Duffy, Head of Lifesciences and Healthtech at Enterprise Ireland, concluded:
“Ireland is a globally recognised hub for medtech and lifesciences. We have a substantial network of innovative start-ups and established companies helping improve patient outcomes in Ireland and abroad. Many have been supported by Enterprise Ireland since their inception through needs led innovation programmes and commercialisation funding to third level research or through High Potential Start-Up (HPSU) funding. Furthermore, many have succeeded in developing their offering through the Irish Government’s Disruptive Technology Innovation Fund (DTIF) and through the EU’s Horizon Europe European Innovation Council (EIC) programmes.
We, at Enterprise Ireland are delighted to support the Irish Medtech Awards for 2025 which will acknowledge and celebrate these innovative and groundbreaking businesses . Working collaboratively with stakeholders within the eco-system these companies are cementing Ireland’s status as a global leader in healthcare solutions.”
Applications can be made online and the deadline is the 10 October. More information is available on www.medtechrising.ie
