Tag: Ireland

Medical Technology in Ireland

Every year, over €13 billion is exported to over 100 countries by Ireland’s medtech business. This makes it Europe’s second-largest medtech exporter, trailing only Germany. Medical equipment account for about 10% of all Irish exports. Europe’s premier cluster of medical devices companies is based in the Galway region of Ireland.

Some examples include:

  • Four out of five of stents used worldwide are produced in Ireland.
  • Half of the ventilators used in acute hospitals worldwide are produced here.
  • More than 30 million people with diabetes use injectable devices made in Ireland.

Ireland is one of the top six global medtech hubs, competing with Minnesota, Massachusetts and California in the US and Israel and Germany. The export prowess of Irish healthcare companies was recently proven when more than 20 home-grown companies visited the Arab Health Expo in Dubai, where Enterprise Ireland organized more than 200 meetings between companies and buyers. The number of Irish healthcare enterprises targeting the region increased by 40 percent. Ireland is also the largest medtech employer per capita in Europe, with 45,000 people employed in the sector, and one in five of those working in the sector are employed directly by Irish-owned medtech companies.

Ireland’s medtech sector has grown exponentially from 50 companies 20 years ago to 350 today. Over 200 of these 350 companies are Irish medtech companies. 18 of the world’s top 20 medtech companies have operations in Ireland. The two companies in the world’s top 20 who do not operate here are Olympus Corporation, with its headquarters in Japan and Terumo Medical Corporation, also headquartered in Japan.

Infographic. Top 20 Medical Device Companies Based on 2020 Revenue, https://pharmashots.com/5263/top-20-medical-device-companies-based-on-2020-revenue.

Below is an example of an Irish medical technology company that are focused on export and enjoying significant global success:

AEROGEN

Aerogen is the world’s leading medical device firm, specialising in aerosol medication delivery systems design, manufacture, and commercialisation. Its innovative palladium vibrating mesh technology, Aerogen Vibronic®, transforms liquid medication into a small particle mist, delivering pharmaceuticals to critically ill patients’ lungs softly and effectively. With HQ in Ireland, offices the United Kingdom, Germany, the United States, the Middle East, Asia, and India, the corporation has a significant international presence.

Ireland, Medical Technology, Medtech

Irish forestry

European Investment Bank invest €12.5m in Irish forestry

Money to go towards sustainable projects

Written by Patrick Smyth

Reposted by InterSearch Ireland

 

An investment of some €12.5 million in sustainable Irish forestry has been announced by the European Commission and the European Investment Bank.

Commissioner for Agriculture Phil Hogan, said that with controversy growing about monoculture and clear felling policies in Ireland it is a welcome support for the more sustainable “continuous cover forestry” projects which would better support biodiversity and landscapes and the challenges associated with climate change.

 

For more on this please click on the link below

https://www.irishtimes.com/business/economy/european-investment-bank-invest-12-5m-in-irish-forestry-1.3511137

Related document for Teagasc

https://www.teagasc.ie/media/website/crops/forestry/advice/Continuous-Cover-Forest-Management.pdf

European Union, Forestry, Ireland, Sustainability, Teagasc

Longford

Indian packaging manufacturer to create 100 jobs in Longford

Leetha Industries to establish manufacturing and supply operation in Co Longford

Written by Colin Gleeson

Reposted by InterSearch Ireland

 

Indian packaging manufacturer Leetha Industries is to create more than 100 jobs over the next three years with the establishment of a manufacturing and supply operation in Co Longford.

The company is partnering with Food Containers Manufacturing UK to establish a facility called Red Seal Cups, which will produce Leetha’s patented range of heat resistant packaging solutions for the UK and European marketplace.

For more on this, please click the link below

https://www.irishtimes.com/business/manufacturing/indian-packaging-manufacturer-to-create-100-jobs-in-longford-1.3494476

 

FDI, IDA, India, Investments, Ireland, jobs, Longford, manufacturing, Packaging

medtech

Driving Medtech – Ireland’s Story

Written by Duncan Gruselle, Executive Search Specialist

InterSearch Ireland 

Ireland – Driving Medtech 

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.

Driving Medtech

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.

 

Academia, Ireland, Medtech, Private Sector, Public Sector, research, Rising, Universities

We use cookies to give you the best online experience. By agreeing you consent the use of cookies in accordance with our Privacy Statement and cookie settings in your Privacy Settings below.

Privacy Settings saved!
Privacy Settings

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are necessary for the website to function and cannot be switched off in our systems.

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie

Decline all Services
Accept all Services