NSW at the heart of MedTech innovation
Australia may be a world leader in the MedTech sector due to its vibrant research environment but NSW’s capacity in the field is outstanding with the state being home to the largest medical technology sector in Australia, with 37% of the nation’s MedTech companies in the state.
The world’s first electronic heart pacemaker, bionic ear and spray on skin for burn victims were all created in NSW.
The state is home to a range of medical innovation precincts such as Macquarie Park Innovation District and Westmead. Macquarie Park alone hosts 180 large life science, technology and digital businesses and 200 small businesses.