Ireland is a vital location in the European medical equipment market. The value of the domestic market is expected to surpass $1.46bn this year, according to GlobalData analysis. Projections suggest this trend is set to continue and on course to double within the next decade. By 2033, GlobalData estimates the Irish medical equipment market will be worth more than $2.19bn.
Ireland’s clinical trials landscape demonstrates the country’s status in the industry. Cardiovascular devices are the most dominant, making up almost a third of those in development. This is followed by in-vitro diagnostics and neurology devices.
Medical device innovations in Ireland
Innovators in medical technology are coming together in Ireland this month. Medical Technology Ireland will be held at Galway Racecourse from the 25-26 September 2024 and is expected to attract over 1,500 attendees. Engineers, entrepreneurs, clinicians, and specialists in quality control and regulation are all expected to visit.
Exhibitors include manufacturers, suppliers, academic institutions, and start-ups. Visitors will have the opportunity to schedule one-on-one meetings with the relevant organisations. The German Pavilion on the second floor features 26 companies and is evidence of the international appeal that Ireland holds. Across the event, live demonstrations offer direct access to the latest medical technologies.
A two-day conference programme will run alongside the exhibition, featuring expert speakers from the industry. Presentations and discussions aim to reveal trends in global innovation.
The Women in MedTech Forum is expected to be one of the event highlights, taking place in the morning on 26 September. This popular conference segment includes six influential speakers, who will explore themes and patterns affecting the female experience in medical technology.
Custom-made wire for medical devices
A notable exhibitor at Medical Technology Ireland is Alleima, a world-leading manufacturer of stainless steel and advanced alloys for the most demanding industries. Its medical unit is a trusted partner of leading OEMs and medical device companies to design and develop wire-based solutions for state-of-the-art medical devices. With its broad range of core and customised capabilities including fine wire drawing, nitinol braiding and shape-setting, electroplating, and coating to name a few, Alleima offers tailor-made services to its client’s specific needs. Current applications span a variety of sectors, including cardiac rhythm management, cochlear, electromyography, oncology and urology as well as orthopaedics and ophthalmology. Given the prominence of cardiovascular devices in Irish clinical trials, uses of Alleima’s fine wire in pacemakers, implantable cardioverter defibrillators, and heart health monitors are especially important to meeting market demand.
To learn more about Alleima’s innovative products, or to speak with a representative about your medical device needs and challenges, you can find the company on the second floor at stand 234. You can also learn more about the company’s capabilities by reading the document below.
