Lithuania is taking a significant turn towards innovation driven economy. Pursuing that goal country is striving to rapidly develop the medical devices industry which already has remarkable success stories.

Situated at the very crossroad between Western and Eastern Europe, Lithuania allows significantly containing costs while serving both established and future markets. Local operational expenses and logistical services allow serving diverse markets efficiently and affordably. These advantages have been well used by Intersurgical, a large respiratory systems and accessories manufacturer, which exports 99% of the production.

Secondly, Lithuania offers opportunities to foster innovation and R&D capacities. Here, quality of our education, integrated science and business valleys, links to supportive industries (engineering, ICT, physical sciences) becomes greatest Lithuania’s asset. Moog Medical Devices Group (currently developing European R&D centre) is a perfect example of how historical competences, assimilated knowledge and evident competitive edge could be utilized.

iQube 3D scanner is Lithuanian medical devices developers' recently produced innovative product which was developed using aerospace industry technology. It scans any part of the human body and records it as a high quality full-colour 3D image in approximately  three  seconds. 

Success stories: Intersurgical, MOOG Medical Devices etc. More success stories