Medtech Awards to showcase sector with 2,000 new jobs

Medtech Awards to showcase sector which announced over 2,000 jobs – Irish Medical Devices Association

The Irish Medical Device Association (IMDA), the Ibec group which represents the medical devices industry, Enterprise Ireland and IDA today launched the Irish Medtech Excellence Awards 2015. The awards are a chance to recognise Ireland’s world class medtech sector, which includes 350 companies, which have invested over €309 million since the beginning of the year. Highlighting the growing strength of the sector, the group also announced the latest export figures, with exports now at €8.5 billion, up from €8 billion. This makes Ireland one of the largest medtech exports in Europe with medical products going directly to more than 100 countries worldwide.

Now entering its ninth year the Irish Medtech Excellence Awards are open to any medtech company based in Ireland. Previous winners include: Aerogen, Lake Region Medical and Cook Medical with last year’s winners Nypro Healthcare being recognised for their innovation as well as their business development with expansions in Bray and a state of the art facility in Waterford adding 200 jobs. Entries for this year’s awards can now submitted before the deadline of Friday 11 October.

The three award categories are:
· Medtech Company of the Year
· Emerging Medtech Company of the Year
· Academic Contribution to Medtech

IMDA Director Sinead Keogh said: “Ireland stands out with the highest number of people working in the sector in Europe, per capita, at 27,000. Since the beginning of 2014 more than 2,245 jobs have been announced  and export growth is up nearly 7% at €8.5 billion. While 42% of GDP comes from Dublin, the medtech sector is a driver of regional growth with significant medtech clusters in Galway, Cork, Athlone, Limerick, Sligo, Waterford, and Shannon. The Medtech Awards will showcase the diverse strengths of the industry which promotes patient care by driving innovations with as many as 75% of replacement joints for knees and 80% of the world’s stents developed here.

IDA Ireland Head of Medical TechnologiesMichael Lohan said: “The medtech sector is growing, more than €652 million in investment has been announced in Ireland since 2014. Ireland is home to 18 of the world’s top 25 companies and the IDA continues to work to make Ireland one of the most attractive places in the world to do business. These awards offer a fantastic opportunity for both multinational and Irish indigenous companies to display their latest products and services on an international scale.”

Enterprise Ireland Senior Development Advisor Life Sciences Department John Shiel, said: “Irish Medtech start-ups continue to demonstrate their ability to bring innovative products to a very demanding global market. These awards are open to companies of all sizes, and recognise emerging companies for their unique contribution to a growing sector, which announced over 1,300 new jobs in 2014 alone. The Academic Contribution to Medtech Award recognises the vital support to the sector from third level academics, research and technology centres and highlights the opportunities for future collaboration.”

The Irish Medtech Excellence Awards ceremony will take place in the Clontarf Castle Hotel, on Thursday 10 December 2015. The awards are sponsored by KPMG, Teleflex, SteriPack, AIB and IMDA Skillnet. For more information, please visit www.imda.ie/awards

For more please click:http://www.ibec.ie/IBEC/Press/PressPublicationsdoclib3.nsf/vPages/Newsroom~medtech-awards-to-showcase-sector-with-2,000-new-jobs-07-09-2015?OpenDocument

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