Future skills needs analysis for the medical technology sector in Ireland 2020

15 May 2017 

Future skills needs analysis for the medical technology sector in Ireland to 2020    Medtech Logo

Making Ireland the best country in which to do medtech business - Conor Russell, Chairman, Irish Medtech Association and VP Operations, Boston Scientific

Ireland’s economy has been transformed in the past two decades. This transformation was driven by a combination of factors: a competitive business environment underpinned by our competitive corporation tax rate, access to 500 million consumers in the EU, and a strong pipeline of talented graduates amongst others.

Employment levels remain one of the most reliable indicators of growth. In Ireland, employment has reached two million people for the first time since 2008 and the economic downturn. Moreover, employment is forecasted to grow 2.4% in 2017, bringing it up to the level seen in 2006. Similarly, in the medtech sector, strong jobs growth is expected in the years ahead. More than 2,000 jobs have been added in recent years and, as outlined in this report, it is planned to create an additional 4,000 jobs by 2020.

While some of these jobs represent the replacement of existing staff, most are newly created positions with expanding companies. To ensure that the sector is adequately equipped to ensure the talent pipeline for the future, the Irish Medtech Association and the Irish Medtech Association Skillnet commissioned Grant Thornton to research the skills that will be needed in the medtech sector from now until 2020. The result is this report. The Irish Medtech Association is a business group within Ibec that represents the medical technology industry in Ireland.

Full Report Click here

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