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Northern Ireland s healthtech expertise to spur growth in the Middle East

Northern Ireland’s healthtech expertise to spur growth in the Middle East Gulfbusiness.com 24/02/2021 © Motivate Publishing InvestNI-LifeScience-CH143[2] copy Covid-19 has completely transformed the healthcare sector – especially when it comes to the adoption of technology. The global digital health market is expected to surpass $504.4bn by 2025, according to Global Market Insights. Developments in the areas of AI, machine learning, robotics and big data have supported the growth of telehealth, virtual consultations and wearable healthtech, while also accelerating innovation within the pharma sector. Northern Ireland, as an integral part of the UK, has emerged as a hub for research and innovation in the field of life and health sciences.

Innovation is the key as we focus on growing the economy

Diane Dodds. Photo by Aaron McCracken Our retail and hospitality sectors will reopen to customers eager to reclaim normality. Our position as a go-to destination for tourists from across the world will be restored. Our business and industry sectors will return to well-established markets and develop new ones. Every job is important and I will endeavour to protect the economic fortunes of everyone across Northern Ireland. However, as a small economy we must focus on the sectors where we can be genuinely world class; clean energy, digital, advanced manufacturing, and life and health sciences. Just as local business demonstrated resilience and creativity by adapting to keep their staff and customers’ safe, the global economy is transforming too as we emerge from the pandemic. We must be ready to capitalise on the opportunities emerging from the disruption.

New £1m boost for Northern Ireland s life and health sciences sector | Newry Times | Latest Newry News, Newry Sport and Newry Business for Newry City

    HIRANI works closely with Northern Ireland’s two universities, public sector bodies and local industry to act as one voice to enable the life and health sciences sector to collectively promote and strategically position itself both nationally and internationally.     The Minister said, “Our life and health sciences sector has experienced significant growth in recent years, employing over 8,500 people. “Covid-19 has further emphasised the importance of collaboration between researchers, industry, health and government. “As a result, it has been identified as a priority sector in my economic recovery plan, ‘Rebuilding a Stronger Economy’. “The growth of HIRANI will drive collaboration between these bodies, as we look to the healthcare sector to form a key pillar to improve health and drive economic recovery. 

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