For a nation of only 8.5 million people, Israel punches above its weight when it comes to medical innovation, pioneering best-practices in digital health and developing world-class medical devices powered by ground-breaking technologies. Israel’s prestigious academic and medical institutions, public-private investment model, and entrepreneurial spirit are key factors supporting the growth of the digital health sector, and medical device innovation in particular.
A number of Israel’s leading medical device companies recently showcased their products at the China International Medical Equipment Fair (CMEF) in Shanghai from April 11-14. The largest medical equipment fair in the Asia-Pacific Region, CMEF hosted an estimated 120,000 attendees representing medical device manufacturers, government agencies, hospital buyers, and dealers. With more than 1,400 companies in the life sciences sector, Israel’s worldwide renown as an incubator of innovative medical technologies made the country’s healthtech pavilion a top draw at CMEF.
Here’s a look at a few of the 22 Israeli exhibitors:
- BioBeat enables users to continuously and non-invasively monitor their vital signs with a wearable device that facilitates remote monitoring of vital signs, enabling patients to be treated from the comfort of their own homes by automatically sending user data to a smartphone app and the cloud.
- ElMindA employs machine learning and advanced algorithms to conduct Brain Network Activation (BNA) testing, a method of measuring the electro-physiological activity undergirding the brain. With BNA testing, physicians can monitor a wide range of brain functions, including sensory processing, attention, and memory, with significant implications for treating conditions like Alzheimer’s Disease, brain injuries, and depression.
- 3D Systems’ cutting-edge simulators – developed in consultation with leading surgical experts, medical societies, and educators – train surgeons across multiple disciplines. From basic and essential surgical tasks to hernia procedures and gastric bypass, 3D Systems has developed the most extensive surgery simulator product line on the market.
Israel is also a leading adopter of digital healthcare, with digitalized medical records for an estimated 98 percent of the population. Under a recently-unveiled initiative, Israel will enroll 100,000 residents over the next five years in a digital healthcare database – to which patients can opt in – with the goal of cementing Israel’s status as a digital health pioneer while improving patient care. The initiative reflects an Israeli healthcare ecosystem in which innovation and patient-centered medicine are the heartbeat of a vibrant and healthy society.
For more information, please visit https://itrade.gov.il/ or contact your local Israel Economic Attaché.