Medtech sector predicts a year of major investment and job creation

Medtech continues to be a huge success story for Ireland, with more than 40% of the global contact lenses, 80% of global cardiovascular stents and 75% of global orthopaedic knee products manufactured here.

A survey conducted by the Irish Medtech Association (IMA), an Ibec group, has found that 74% of medtech businesses plan to increase R&D in Ireland during 2020.