Senior leaders from the global healthcare industry are participating in Enterprise Ireland's Med in Ireland conference over the next two days.
The event is Ireland’s largest medical technologies event and will attract over 500 national and international delegates.
It aims to showcase Ireland’s medtech industry and connect Irish medtech innovators with international healthcare providers.
"Med in Ireland is a hugely important event for international healthcare providers and manufactures to engage with Ireland's medtech industry," said Minister of State for Trade, Robert Troy who officially opened the event.
"The sector is hugely important for the Irish economy, employing 45,000 people.
"It is also making a major contribution to international healthcare, responding to Covid-19 but also to the transformation of healthcare," he added.
Under the theme 'Medtech’s Big Moment’, the event will focus on some of the major industry shifts shaping the post-pandemic healthcare world.
These include the move to preventative care, the role of digitalisation in the shift to healthcare outside of hospital settings, the emergence of technologies that reduce environmental impact and improve competitiveness, and the development of new distribution and inventory management models to address supply chain weaknesses.
At the event, leading United States healthcare provider Northwell Health announced a new strategic agreement with Enterprise Ireland.
Northwell Health is one of the largest healthcare providers on the east coast, comprising of 23 hospitals, 77,000 employees and more than 16,000 affiliated physicians.
It builds on an earlier agreement with Enterprise Ireland, which saw Northwell Health engage with Irish medtech companies and provide access to clinicians and key decision-makers across their extensive healthcare network, develop and commercialise new medical technologies, and collaborate in joint ventures.