Tag: Medtech

orange and blue BD logo on the wall outside a BD site

85 new jobs are created as BD expands its Wexford medtech manufacturing facility.

With locations in Dublin, Drogheda, and Limerick, BD has been an employer in Ireland for many years. It has invested €4 million in a new R&D facility in Dublin.

The medtech multinational BD has revealed that it would be making two major multimillion-euro investments in its businesses in Ireland.

The corporation is investing €30 million in enlarging its Enniscorthy, Co. Wexford, manufacturing site. In order to simplify the production of medical technology by BD’s Peripheral Intervention business unit, it plans to construct an extra 40,000 square feet of space.

According to the business, the investment would bring more than 85 new jobs to Wexford.

Along with the Wexford investment, BD also marked the opening of its new €4 million research and development facility in Blackrock, County Dublin.

The commercialisation of BD’s first on-body injector technology will be the main focus of the Dublin centre. The staff will collaborate closely with the 300-person Limerick R&D site, which houses BD’s other R&D facility.

At the inauguration ceremony for the Dublin building, BD shared the news about the Wexford expansion and job openings.

Since 1964, BD has operated in Ireland. Since then, it has opened four facilities across the nation, employing more than 1,100 personnel. The government is funding this new investment through IDA Ireland.

In 2021, BD increased both the size of its Drogheda presence and the size of its Limerick R&D facility, adding a total of over 200 positions to both.

Find out more about BD in Ireland.

BD, Dublin, manufacturing, Medical device, Medtech, WEXFORD

Ireland – an attractive location for MedTech sector

Ireland – an attractive location for MedTech sector

When it comes to positioning itself as a major player in the global medtech market, Ireland has made significant progress.  The country is one of the top 6 hubs for medical technology worldwide.

Ireland is home to some of the top medical device companies in the world, such as Medtronic, Johnson & Johnson and Stryker. Every year, Irish medtech companies export goods valued at approximately €13 billion. The country has over 300 medical device companies based here, ranging from multinationals to start-ups while employing over 45,000 people in this industry. One in five of those working in the sector are employed directly by Irish-owned medtech companies. Europe’s premier cluster of medical devices companies is based in the Galway region of Ireland.

Infographic. Top 20 Medical Device Companies Based on 2020 Revenue

Top 20 Medical Device Companies Based on 2020 Revenue

Why is Ireland an attractive location for MedTech?

In Ireland, medtech innovation is being fuelled by university research, government-supported R&D facilities, and commercial partnerships. A total of 14 industry-led technological centres focus on fields like to connect health and composites and pharmaceutical manufacturing, while incubators and accelerators are bringing ground-breaking innovations to reality.

The MedTech sector also benefits from Ireland’s high ranking globally in terms of the employability of university graduates. The flow of skilled graduates is delivered through Ireland’s universities and the institute of technologies, but it is the close cooperation between industry and academic institutions that ensure the evolving skill needs of the sector are constantly met. This close work 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.

Highly Qualified Personnel

Ireland received high marks from the IMD World Competitive Yearbook 2021 for its workforce’s accessibility to trained personnel as well as its adaptability and flexibility. Ireland also has certain inherent advantages; it has Europe’s highest increase in the population of working age. In essence, Ireland offers a rising population of individuals who have the skills they need or are eager to gain them, which is a powerful appeal for any firm when deciding where to invest.

Accessibility to Europe

Companies that base their manufacturing operations in Ireland are more conveniently located to access the European market. This market, which is still the second-largest in the world for medical products, is crucial for multinational corporations. For American-based businesses, this is especially important because it gives them a foothold in a market that is important to them. A base like this within the European Economic Area also means that there is freedom of movement for workers from other members, allowing businesses to access talent across Europe as needed without the need for work authorization or visas.

Cluster Effect 

Medical technology is evolving, making equipment more complex. It is increasingly common for various specialized businesses to collaborate to create items using “combination technology” that no one company alone could. Over 25% of Ireland’s MedTech companies currently have a shared service mandate to encourage such co-working, which is desirable due to geographic proximity and the potential to collaborate with local partners on such initiatives. These circumstances provide the best foundation from which a talented person might start a fruitful and satisfying career that has real lasting power.

Superior Quality & Reputation

Over the past few decades, Ireland has demonstrated its dedication to the medical technology sector, and the country and the sector have a solid working relationship. Therefore, although competitors may emerge in one or two of the aforementioned sectors, they cannot compete with Ireland’s history and its stable, trustworthy, and alluring reputation in the global MedTech market.


In addition to the government’s initiatives to entice industry through its tax environment, organisations have been set up to offer targeted assistance and support to businesses wishing to migrate to Ireland, or for new businesses looking to start-up here, such as IDA Ireland (Industrial Development Agency).

Irish Exports

Around 8% of all Ireland’s exports is medical device equipment. Ireland is the second-largest medical equipment exporter in Europe, coming second to Germany. Ireland supplies items including contact lenses, stents, diagnostic tools, and prosthetic joints. The industry is still developing, increasing its capacity for innovation, digitisation, and next-generation technology.

Ireland produces four out of every five stents used worldwide. Here are made a third of the contact lenses used worldwide as well as half of the ventilators used in acute hospitals. Injectable medical equipment developed in Ireland is used by more than 30 million patients with diabetes.

The Irish government has identified the medical technology sector as one of the key drivers of industrial growth for the future and provides a wide range of support to encourage and foster this growth. The medical technology industry in Ireland is changing from being prominently manufacturing to being more complex and driven by R&D. It now involves intensive collaboration between a broad range of partners, including research institutions, clinicians, manufacturing companies, and government agencies. Ireland is well placed to capitalize on the growing global market for medical technology products and services. The challenge is to continue to develop and integrate the broad range of strategic competencies and support systems that will enable this island to compete as a mature, high value-added economy, with innovation at its core.

“The medical technology sector is essential to saving and altering lives. Ireland’s global medtech cluster can increase its position internationally and help shape the future of healthcare provided the correct policies and supports continue to be put in place”.

— Micheál Coughlan, Managing Partner of InterSearch Ireland & Global Head of the Life Sciences Practice Group InterSearch Worldwide.

Top MedTech Hubs

Ireland is one of the top six global medtech hubs, competing with Minnesota, Massachusetts, and California in the US and Israel and Germany.

Top MedTech Hubs


About the author – Micheál Coughlan

Managing Partner of InterSearch Ireland Micheál joined the InterSearch Worldwide Board of Directors in 2017. He began his career with InterSearch Ireland in 1996, becoming Managing Partner in 2010.

He is the initiator of the InterSearch Life Sciences & Healthcare Practice Group, supporting clients and candidates within the pharmaceutical, medical technologies, and healthcare sectors.

He has worked with a variety of organizations designing and implementing recruitment strategies for leadership and management appointments. Many of these assignments involve multi-country searches.

Micheál joined the Academy team in 2013 where he is responsible for the training and development of talent within the InterSearch Worldwide organization.

Micheál holds a bachelor’s degree in commerce from NUI Galway and a master’s degree in human resources management from the UCD Michael Smurfit Graduate School of Business. He is a Fellow of the Chartered Institute of Personnel and Development.

InterSearch Ireland, Medtech, Medtech 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 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

MedTech and its impact on the future of Healthcare

MedTech and its impact on the future of Healthcare

Significant contributions to healthcare are unfolding as Innovation continues to play a huge role in areas such as pharmaceuticals, biotechnology, IT, and medical device manufacturing. Advancements in medical devices, in particular, is crucial for the healthcare industry. For this sector, continuous improvement is key to life-saving innovations.

Biotechnology, Healthcare, Life Sciences, Life Sciences Expertise, Medical Device Manufacturing, Medical Technology, Medtech, Pharmaceuticals

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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

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