Irish Medtech’s Post

I'd like to welcome you on behalf of Irish Medtech, Enterprise Ireland, and IDA Ireland, says Chair Pádhraic McGinn. Over the course of the day we'll explore: Shifting global trends, the digital health revolution, advancing sustainability, and more. In a changing world staying ahead of global trends is crucial for medtech with ageing demographics, new technologies, and shifting business models. Ireland's global medtech hub is well positioned thanks to our proven track record, supportive business environment, culture of collaboration, and worldclass talent. These strengths have served us well, but more needs to be done to advance. That is why I encourage you to engage with Irish Medtech. #MedtechRising

Connecting with the Future of MedTech at Medical Technology Ireland 2024! Wow – what an amazing two days at Medical Technology Ireland 2024! Our team, including Lisa Higgins and Bhavya Bhatia, had the privilege of attending this year's event at Galway Racecourse. It was a whirlwind of innovation, networking, and inspiration, with more than 300 exhibitors and a jam-packed conference schedule. From the moment the doors opened on the first day, the energy was electric! We had insightful conversations with top industry professionals, specialists, and peers who are not only passionate about MedTech but are actively shaping its future. The topics on the table were exciting and forward-thinking – everything from artificial intelligence and sustainability to supply chain management and talent development in MedTech manufacturing. We were especially impressed by the Women in MedTech Forum – a highlight on the second morning that sparked meaningful discussions about diversity and leadership in the industry. It's moments like these that remind us how important it is to foster an inclusive community within MedTech. As recruiters specialising in MedTech, it's vital for us to stay ahead of these trends, not just for ourselves, but for our clients and candidates. We recognise how essential it is to be part of the conversation – to understand where the industry is heading so we can help prepare our candidates for the roles of tomorrow. These events are an incredible opportunity to connect, learn, and bring that knowledge back to the heart of what we do. 💬 What does this mean for us at Pale Blue Dot® Recruitment? Well, by staying connected with MedTech's ever-evolving landscape, we continue to strengthen our relationships with both clients and candidates. Whether it's helping our clients find the best talent or preparing candidates to step into roles that will shape the future of MedTech, we are committed to being part of this journey. Thank you to everyone we met, and a special shout out to the event organisers for putting together such a fantastic show. Here's to more innovation, collaboration, and success in the MedTech industry! #MedTechIreland #MedicalTechnologyIreland2024 #PaleBlueDotRecruitment #MedTechInnovation #StayAhead #TalentInMedTech #Networking #WomenInMedTech #FutureOfMedTech #Galway

It sounds like it was an insightful event Michael O'Connor & Louise Mulligan! The focus on future skills for Ireland’s Medtech sector is so crucial.  The insights from events like these highlight the importance of continuous learning and adaptation in our industry. The Medtech sector is evolving rapidly, and having a clear understanding of future skills is essential for staying ahead. It’s great to see such proactive efforts to prepare for the future! #careerwiserecruitment #careerwisejobs #careerwisenews

What's the best way for a U.S.-based MedTech company to market in Europe? Last week I was in Europe for a MedTech conference, and this is the sort of conversation I tend to get into while waiting in line for pasta cooked inside giant rolls of cheese. (I'll tell ya later...) After explaining her philosophy on European commercialization, Michele Debain from Path Partners Europe agreed to do a quick video on the subject. These are my takeaways. When expanding to Europe from the U.S., companies have several strategic paths, each with its pros and cons: 1️⃣ Manage from North America Hire someone in the U.S. to build and manage partnerships in Europe. This is going to be challenging without the local presence needed to foster relationships effectively. You have to ask yourself - have they eaten pasta out of a cheese wheel? 2️⃣ Hire in Europe Recruit a team in Europe to manage operations. This brings in local expertise, but may need longer runway to make sure you find the right people with the right network. 3️⃣ Outsource to a Consulting Firm Outsource management to a consulting firm with established European connections. This option reduces risk, shortens the time to market, and allows for quicker revenue generation with the option to start building your permanent team in parallel. They all have their pros and cons - the key is balancing the Big 3: risk (invariably tied to quality), speed, and cost. If I were leading a company into Europe, I'd start with the most efficient option to enter the market and then build out the team gradually as the product gained traction. Are there any strategies you would add? P.S. Maybe I should ask what other European dishes I should try besides the cheese wheel pasta (I'm sorry to spend so much time on that, my mind was blown..) Happy Monday! #GreenlightGuru #LSIeurope24 #MedicalDevices

Among other things, we are calling on Government to support industry-driven #dataspaces for #manufacturing using initiatives such as #Manufacturing-X and the #DigitalProductPassport4.0 (DPP4.0) which can be used to combine #compliance with #regulatory requirements and new data-driven #businessmodels.

Irish Medtech, alongside our Board and members, have developed its 'Priorities for Government' to set out our recommendations in the face of business, technological, demographic, and geopolitical change, to ensure that Ireland's global medtech hub thrives, says Director Eoghan Ó Faoláin. Our recommendations fall under four pillars:  •Pillar 1 "Health and patient access" •Pillar 2 "Enterprise and innovation" •Pillar 3 "Education and skills" •Pillar 4 "Sustainability and environment" Read it online here: https://lnkd.in/eqqU7NNS #MedtechRising

Irish Medtech is the voice of the industry in Ireland, which is why we have worked with colleagues, working groups and our members to identify and articulate policies needed to ensure that the sector thrives. In our latest 'Priorities for Government' recommendations, we've made sustainability a core pillar, recognising its growing importance for Ireland’s future and our alignment with key EU Green Deal priorities. Pillar 4: Sustainability & Environment - Ensure a just transition throughout regulatory changes and reporting requirements. - Foster a patient centric circular economy. - Support sustainable practices and innovations - Evolve Ireland’s manufacturing and infrastructure support The journey to a sustainable future requires collaboration, and we believe these steps are essential to help our industry and society thrive together. You can read our release here: https://lnkd.in/eKYrMaz4 Our dedicated webpage outlining our priorities is here: https://lnkd.in/eW3HCTX2

🎆 Buymed 2024 Wrap-Up : Pioneering the Future of Healthcare 🎆 "The people who are crazy enough to think they can change the world are the ones who do." This year, we took that belief to heart. 📌 2024 wasn’t just about ticking off goals—it was about breaking barriers, rethinking healthcare, and proving that innovation and impact can go hand in hand. We’ve been through the grind, but every late night, bold move, and crazy idea was worth it. 📌 2025? We’re turning up the heat again of course! Get ready for more new breakthroughs, more bold moves, and more surprises as we bring Vietnam and Southeast Asia closer to the global stage of healthcare. Let’s do more, dream bigger, and stay at the forefront of innovation ! 🔥 Here’s to keeping ahead and inspiring change ! 🔗More about how Buymed is revolutionizing healthcare through innovation, visit us at https://buymed.com #Buymed #Innovation #HealthcareAccess #Healthtech #2024Wrapup

Irish Medtech recommendations in the face of business, technological, demographic, and geopolitical change to ensure that Ireland's global medtech hub thrives.

This week, I joined the Roche team and some of our partners at the health.tech conference in Munich. It was an incredible experience to be around a lot of talented and game-changing individuals and organisations. I have some takeaways from the last two days and I want to share a few of them below: First, there’s incredible innovation happening in Europe. I’ve had a glimpse of the new technologies, solutions, and ideas, which gives me the excitement knowing that the innovative mindset remains heavily in health care. Second, what was also clear was that challenges in getting start-ups to deploy and scale are still very pertinent. Whether regulatory or compliance hurdles or  access to customers and buyers - start-ups face a long road ahead to get their technologies to patients and health systems. Third, as mentioned in my keynote on the first day, my message was clear to start-ups –do not reinvent the wheel. Start-ups should  work with established organisations, such as Roche. With our expertise, customer base and experience - we can give you the support you need to deploy and scale. So, let’s collaborate – come to talk to me or the Roche team and let’s start a discussion! As a last note, I’d also like to give a big thanks to the Roche team and our partners who joined us during the previous two days. I had the pleasure to talk and listen to many of you - let’s continue to innovate and work together. #HT24 #healthtech #Roche #digitalhealth