What is Medtech?
Medtech is the term used to describe all medical device products, services or solutions that are used to save and improve people's lives. Medtech includes everything from plasters, glasses, monitors, to larger-scale MRI scans, X-Ray machines, wheelchairs, cardiac pacemakers etc. Medtech devices can play a range of roles in maintaining and restoring health.
The perfect opportunity to upskill
You can build a career in a number of ways. Traditionally, you chose an industry, get a foot in the door and work your way up the ladder. In recent years, we have seen that people prefer to work across a variety of businesses for short periods to develop a more rounded experience. A big part of that trend is the need to upskill.
Upskilling is a great way to re-energise a career or move in a new direction. It’s a way to build on skills you have and apply them in a more lucrative or more exciting area. If you’re looking for a change or want to try your hand in a new industry, there are huge opportunities in the Medtech industry both in Ireland and Internationally.
It’s a huge, growing industry
The Medtech industry is such a good opportunity because it’s one of the largest and fastest-growing industries in the country. Ireland is the 2nd largest exporter of Medtech products in Europe with annual exports of €12.6 billion and companies here directly export to over 100 countries. Ireland is fast becoming a hub for the Medtech industry with over one hundred Medtech companies based here. Ireland is the second-largest employer of MedTech professionals in Europe, per capita. 9 of the world's top 10 Medical Technology companies have a base in Ireland and 60% of the 450 MedTech companies here are indigenous. We have a very strong services and contracts research and manufacturing base here. 50% of the companies located here are in the B2B space.
That continued investment and Medtech’s vital place in the Irish economy will lead to further growth in the sector, and growth means jobs. The demand for Medtech knowledge has never been higher.
It’s not just for scientists
That demand has expanded beyond pure science talent too. Medtech is already an extremely skilled industry with more than 40,000 people directly employed in the sector; however, the skillsets required are becoming more and more varied. Technology is changing the way most businesses operate and Medtech is no different, with increasingly sophisticated processes creating a need for new skills. These businesses are more than manufacturers; they are large, global businesses, meaning they require commercial and business skills to complement the technical side of the business. Upskilling in areas like data analytics, Medtech operations and technology will put you in demand.
Build a promising career for you
9 out of the world's top 10 Medtech companies are located here in Ireland. Some of the largest companies based here include Boston Scientific, Abbott, GlaxoSmithKline, Allergan, and Medtronic. If you would like to find out more information about Ireland’s Medtech sector please visit the Irish Medtech Association.
Having some of the top Medtech manufacturers in the world in Ireland creates many opportunities for career growth. Most of the larger organisations invest heavily in their staff offering opportunities to adapt, upskill, and move up the career ladder. Upskilling to move into the Medtech industry may fit into the modern career template of varied experience, but it could also be the first step on an established career path in the Medtech sector.
Medtech is a growing industry all over the world especially in countries such as Australia, Singapore, Canada, France, India & Philippines. The global Medtech market is projected to grow to $595 billion by 2024.
Where could I work?
Ireland’s Medtech sector is recognised as one of the five global emerging hubs with 9 out of the world's top 10 Medtech companies based here. Graduates from our programmes can fill roles in various Medtech companies including Abbott, BD, Boston Scientific, Cook Medical, GE Healthcare, Johnson & Johnson, Lake Region Medical, Medtronic, Merit Medical, Nypro, Nelipak, Smith & Nephew, Stryker, West Pharma and more.
How can I apply?
Students with many different backgrounds and career experiences complete our courses. For our Certificate programmes, applicants need a Leaving Certificate or equivalent. For our Higher Diploma/Degree programmes, applicants must have a Level 7 Ordinary Degree in a Science, Engineering or a related discipline. For our Masters/Postgraduate Diploma programmes, applicants need a Level 8 Honours Degree in Science, Engineering or a related discipline. In certain cases, we also offer APEL applications, where an applicant previous work experience can be deemed relevant to their course application.
For more information on our Post Graduate Diploma in Medical Device Technology & Business click here.