Wednesday, 28 September 2016

Comtrade targets 25% growth in Ireland following medical software certification

Comtrade, the leading software engineering services and solutions provider, today announces that its Digital Services division has received ISO certification as a developer of medical software solutions. The certification will help Comtrade’s Irish business achieve 25% year-on-year growth between 2016 and 2020.

Ireland’s MedTech industry is growing at an exponential rate. Figures from the IDA show that the country’s medical devices and diagnostic products export market is worth €12.6 billion annually – representing 8% of Ireland's total merchandise exports. Comtrade Digital Services will seek to support 240 of the 300-plus companies currently developing medical devices in Ireland with its software solutions.

Comtrade Digital Services is part of Comtrade Group, operating in Ireland, the UK, Europe and North America. It can now play an increased and major part in the continued growth of Ireland’s MedTech sector by developing medical software solutions with the ISO 13485 stamp of approval – an international industry standard.

The certification will allow Comtrade Digital Services to disrupt the medical market with software that will accelerate innovation and facilitate the digital transformation of the industry. Comtrade’s Irish team of engineers is currently developing software that will benefit advanced wearables and in vitro diagnostics – two of the fastest-growing subsectors in Ireland’s medical device industry – as well as laparoscopic surgery and pacemaker technology.

R&D plays a vital role in the continued success and growth of Ireland’s MedTech industry. By developing software in high-growth subsectors, Comtrade Digital Services will help reduce costs and time to market – helping Ireland’s medical device manufacturers compete globally with more affordable revolutionary devices.

Dejan Ćušić, Business Director, Ireland & UK, Comtrade Digital Services, said:“Ireland’s healthcare industry is ready for disruption. Ireland is a leading global exporter of medical devices, but innovation and time to market are key to holding that position and advancing further. The ISO 13485 confirms that Comtrade Digital Services’ software for medical devices is best in class and we look forward to seeing our footprint engrained in the success of the industry.

“Comtrade Digital Services is a leading global software technology partner for companies producing medical devices around the world. Thanks to our highly experienced team of engineers, our digital services and software solutions help companies innovate faster and reduce time to market – meaning they are always stay one step ahead of the competition.”

The ISO certification is an international standard that recognises companies with a comprehensive quality management system for the design and manufacture of medical devices. It highlights Comtrade Digital Services’ years of experience developing software solutions for medical devices and confirms that the company meets the highest industry standards.

Following the announcement, Comtrade Digital Services will participate in this year’s Medtec Ireland, the medical design and manufacturing event taking place in Galway on 4th and 5th October. Addressing an audience of medical device and technology decision-makers, the company will present its expertise in software development for medical devices, healthcare IT systems and mHealth solutions