Irish medtech exports top $1 billion
This article was originally published in Clinica
Executive Summary
Medtech exports from Ireland grew from $500 million in 1990 to over $1 billion in 1995. While this figure represents just 1% of world output, it confirms Ireland has the fastest growing medical device industry in Europe, says the Irish Medical Devices Association. It estimates there are around 50 major medtech companies in Ireland. Exports to the US amount to around $200 million a year. More than 70% of total export went to Europe.