Medtech Rising: Ireland will benefit from $522bn global medtech market

Medtech Rising, the Irish Medtech CEO conference and Awards are underway from today (6 December) in Co. Galway. Eoghan Ó Faoláin, acting director of the Irish Medtech Association, an Ibec group, noted that the industry is evolving in a number of ways. Research and development spend is to grow 3.7pc to $33.5 billion, and new …   Read More

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Medtech Rising, the Irish Medtech CEO conference and Awards are underway from today (6 December) in Co. Galway.

Eoghan Ó Faoláin, acting director of the Irish Medtech Association, an Ibec group, noted that the industry is evolving in a number of ways. Research and development spend is to grow 3.7pc to $33.5 billion, and new business strategies will also contribute to the 5.1pc growth forecast for 2022. He added that “the value of mergers and acquisitions grew 178pc globally and were worth $49 billion in the first half of the year [2017]”.

Ó Faoláin added…

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