Working Locally in the MedTech Industry to Improve Health Outcomes Around the World
The Irish MedTech sector is a great success story, growing significantly over the last two decades. Ireland now employs more people per capita in MedTech than any other country in Europe, and the industry continues to grow.
The top 10 medical device companies in the world have an Irish base and, in total, there are almost 500 businesses in Ireland in the medical device industry. The majority of those are Irish. Collectively, the industry exports more than €12 billion every year.
Plus, in 2018, The Irish MedTech Association estimated the MedTech industry would create 4,000 new jobs by 2020 to meet growing demand. We are in the middle of that growth period now.
Working Locally
The numbers are impressive, right, but they only tell part of the story.
If you are an engineering professional and are looking for your next career move, the statistics and facts above should give you confidence. That said, there are other reasons for choosing to move into MedTech.
This includes the fact there is a good geographical spread of companies in the MedTech sector. Dublin is a key region but locations like Limerick, Galway, and the North West of Ireland are just as important.
At the Atlantic MedTech Cluster, our focus is on the North West. All our members have their head office in Sligo, so we have a deep understanding of the MedTech industry here, how fast it is growing, and the career opportunities that exist.
So, moving into MedTech will allow you to work where you want to work. For example, you can choose to move back to the North West of Ireland after a period away, or you might choose to move here for other reasons. Quality of life and the low cost of living are two that are often cited.
Improving Health Outcomes Around the World
Another reason to consider a move into MedTech is the purpose of the sector itself. Companies in the MedTech sector are involved in researching, designing, developing, and manufacturing medical device products that improve health outcomes.
This includes improving medical treatments, saving lives, and improving the quality of life for people suffering from a wide range of different conditions.
It’s not just individuals and patients in Ireland that benefit from these products either, as many of the medical devices conceived, developed, and manufactured here are available to those who need in them in countries all over the world.
The Cutting Edge
In addition to all the above, MedTech companies in Ireland are at the cutting edge of the industry. This includes everything from designing and developing innovative new medical devices to developing technologies and solutions that reduce manufacturing costs, improve the supply chain, and enhance product quality.
When all put together, this gives us a more rounded picture of what a move into the Irish MedTech sector means. You can work locally, the work you do will be important to the health and wellbeing of people around the world, and you will be involved in a cutting-edge industry.
There are exciting opportunities in MedTech for engineers and other professionals with the right skills. Making such a move could be the best career decision you ever take.