Canadian health issues in the sights of Irish Innovators

  • Canadian health issues in the sights of Irish Innovators
    Independent.t. E.
    Few things enhance the national pride of Canadians than their health care system is based on the principle of accessibility without financial barriers. Indeed, Canadians will benefit from some of the best in the world, for free.
    https://www.independent.ie/business/small-business/canadian-health-challenges-in-sights-of-irish-innovators-37251726.html
    https://www.independent.ie/world-news/article37252333.ece/01a2c/AUTOCROP/h342/ohcanada

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Few things enhance the national pride of Canadians than their health care system is based on the principle of accessibility without financial barriers. Indeed, Canadians will benefit from some of the best in the world, for free.

However, the canadian system has faced significant challenges and consumes state budgets at a rate considered unsustainable for most. One in six Canadians aged 65 years and older, with bracket grows four times faster than the population as a whole.

Canada also has one of the highest incidence rates of chronic diseases on a global scale and its global reach makes it difficult to service rural communities.

Ireland is positioned as one of the world’s leading centers for Medical equipment, creating products that improve patient outcomes and improve health care.

Earlier this summer, eight companies of Ireland with the support of the company went to Toronto, pitching solutions for healthcare professionals and potential partners. These stakeholders offer valuable information about how best to approach the market.

As health controls province in Canada, companies can consider almost each province as a separate market. Ontario is typically the first port of call for the ambitious business.

But Matthew Collingridge, GE healthcare Canada, advised: “opportunities can be easier to navigate in Alberta, British Columbia or in the Atlantic provinces, where medical care is carried out vertically, and the system can be quicker. With the proven use-case, a pan-canadian approach can be built.”

Doctors in Canada often struggle to advance projects for long-term implementation. The result is frustration for Innovators and visionary practitioners and leaders who see the benefit.

Irish companies must clearly demonstrate the ROI of their product delivers in terms of cost and time, and to consider how much the change involved leadership, especially for doctors.

Experienced players, usually considered to be the most secure option for buyers. For example, electronic recording sector is dominated by a few sellers in Canada. Technology companies need to think about how to compete with these players. Partnerships are one option that can allow Irish companies to access government funding for innovative projects in the field of health.

“The challenge is in finding enough niches to avoid taking on the major players, and enough of the runway, so she is worthy,” said Collingridge.

A number of Irish companies in health care have already successfully grown their business in Canada. Dublin two ten health products, four of the ten dental schools in the country with their electronic accounting system.

Last year, the Ontario College of pharmacists Pharmapod selected to implement a system of Medication error reports in 1,500 pharmacies. Aerogen, beacon health, and Swiftqueue also making progress.

Canada is an attractive market for many reasons. Companies with experience in Ireland and the UK already understand the pain points customers face mostly public system. Examples from the NHS particularly well received.

The reputation of Irish medicine in Canada is another advantage. Irish medical schools every year attract hundreds of students from Canada and thousands of Irish doctors to work in Canada.

Office enterprise Ireland Toronto offers the customers special access to the market guide and introduction to potential partners and customers in the system.

In mid-September, we have such leaders of the leading hospitals in North America within two days of the forum in Dublin. Collective responsibility for the catchment of 30 million people, they are going to discuss common challenges and best practices of the Innovators.

For Canadians, the burning question is how to overcome the issues of access and resources available to them and make sure that it remains something to be proud of.

Marianne Costello is the Advisor of the market for natural Sciences, based in the office of enterprise Ireland Toronto

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