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Facts and Figures Israel’s Healthcare & Medical Device Industry
- In a survey of 48 countries in 2013, Israel’s health system was ranked fourth in the world in terms of efficiency, and in 2014 it ranked seventh out of 51.
- Israel has a high quality national healthcare system, managed and regulated by the Ministry of Health (MOH), which is considered one of the most efficient healthcare systems in the world(Ranked 3rd in Bloomberg’s 2020 efficiency score).
- Israel’s Sheba Medical Center at the Tel Hashomer Hospital, the largest in the country, has been named among the 10 best hospitals in the world by Newsweek magazine for the second year in a row.
- High quality and life-long community & hospital care; access to 25 years of accumulated, identified and digitized data across providers; leading research institutes and established academy connections; vast pilot & deployment opportunities, all centered within 3-4 hospital chains and 4 HMOs!
- Israeli Companies operate in a bold entrepreneurial climate and offer a variety of innovative medical technologies and solutions that address many of the medical challenges we face today: reducing the total cost of medical services, tending to the aging population worldwide, providing medical services to patients’ families and communities, and implementing the use of big data.
- Israel has about 1,200 companies operating in the fields of medical devices and digital health – well above the global average
- Currently hundreds of companies in Israel specialize in different niches of the medical device industry, mostly start-ups, while scientists and engineers from Israel contributed to the advancement of technologies in different domains, such as electronics, communications, and electro-optics, and developed world-class innovations in the fields of digital imaging, medical lasers, telemedicine, early diagnosis equipment, smart surgical equipment and more.
- Over 600 exporters of medical devices are involved in a variety of medical applications in areas such as cardiovascular medicine, peripheral blood vessels, neurology and degenerative diseases, emergency medicine, intensive care and rehabilitation, respiratory management, oncology, women’s health, orthopedics and sports medicine, gastroenterology, infection control, ophthalmology, pain management, dentistry, dermatology and aesthetics
- Israeli Digital Health uniqueness and Prime Time Moment lay in our advanced health system the scope and depth deploying E-Healthpolicy for safety, security & quality, vast array of Tele-health services, 100% EMR at all health facilities for already more than 25 years.
- GE Healthcare has a long established presence in Israel, and it keeps expanding it to capitalize on Israel’s innovative ecosystem
- Medtronic increased its presence in the Israeli healthcare innovation market through opening new R&D centers and M&A activity
- Philips Healthcare operates extensive R&D & product lines in Israel, while becoming a dominant player in the Israeli innovation eco-system
- IBM operates in Israel its biggest digital health research lab outside of the US, while enhancing its ecosystem engagement with incubator and accelerator programs they invest in
- An Israeli company has developed a revolutionary new tool that could allow surgeons to close wounds without stitches or staples minimalizing scarring and risk of infection.
- Israeli researchers have discovered that bursts of gentle electricity may slow down the progression of Alzheimer’
- Israel’s Given Imaging developed the first ingestible video camera, so small it fits inside a pill.
- An Israeli company has developed a smart bracelet to be worn by staff workers in hospital to make sure they wash their hands after contact with patients. Currently about 100,000 people a year in the US die of infections they contract in hospitals and clean hands can eliminate most of these infections.