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Israel’s Medical Devices and Supplies Industry

Israel’s Medical Devices and Supplies Industry. The Israel Export & International Cooperation Institute. Rising to the Challenge. Why Israel?. Why Israel?. Israel is the second largest source for innovative medical technologies after the USA. Almost 400 companies founded in the last decade

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Israel’s Medical Devices and Supplies Industry

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  1. Israel’s Medical Devices and Supplies Industry The Israel Export & International Cooperation Institute Rising to the Challenge

  2. Why Israel?

  3. Why Israel? • Israel is the second largest source for innovative medical technologies after the USA. • Almost 400 companies founded in the last decade • More depended on collaboration with world leading manufacturers • Highest innovative technical ability • World’s #1 in Medical Device patents per capita

  4. Number of Life Science Companies Founded • Source: ILSI Database – 2004

  5. Where Research Meets Industry • A tight network of universities, research institutions and medical centers • Entrepreneurial authoritiesin all research centers • Assistance to researchers throughout all phases of commercialization

  6. Where Research Meets Industry

  7. Inter-Industry Collaboration • Support from Israel’s highly sophisticated, internationally renowned electronic industry • Application of advanced technologies in medical devices

  8. Versatility and Rapid Response to Market Needs • Manufacturers quickly meet demands of the international medical community • Versatility and customer oriented flexibility approach.

  9. Streamlined Regulatory Clearance • The Ministry of Health regulatory process corresponds FDA regulations • Studies conducted in Israel qualify as proof of FDA approval • Several GMP facilities operate in Israel

  10. Ideal Test-Bed for Clinical Trials • Over 80% of the population are covered by healthcare organizations, making it simpler to : • Access and analyze statistics • Manage trials

  11. Top-Notch Professionals • Members of Israel’s medical community have earned international acclaim • Israeli professionals routinely collaborate, teach and lecture around the world

  12. Government Support • Active support of entrepreneurship through grants, loans and tax benefits • 50% of all technologies in development at government-supported incubators are related to medicine

  13. Investment Incentives • Incentives and assistance to corporations establishing R&D and manufacturing facilities in Israel

  14. International Cooperation Major healthcare companies invest in Israeli technology

  15. Key Segments

  16. Medical Devices- Subsectors • Source: ILSI Database – 2004

  17. Electromedical & Surgical Devices • International reputation for advanced technologies in state-of-the-art applications: • Improved diagnostic tools • Function-assessment equipment • Fetal and patient monitoring

  18. Electro-medical & Surgical Devices • Cardiac therapy • Laser surgery • Dialysis equipment • Respiratory equipment • X-ray technology • IV systems

  19. Rehabilitation Equipment • At the forefront of rehabilitation equipment, with highly acclaimed solutions in: • Orthopedics • Visual & audio devices • Mobility aids & devices • Homecare equipment • Computer aids for the physically challenged

  20. Dentistry • Over 30 exporting companies • Product range includes: • Intra-oral cameras • Image-guided implantation systems • Pneumatic dental tools • Drills and accessories • Laboratory equipment • Implants • Adhesives

  21. Medical Supplies Reputation for high quality • Adherence to the highest medical standards • Diversified product range

  22. Telemedicine • Israel enjoys well-established medical and telecommunication infrastructures • As a result, Israel is home to some of telemedicine’s most advanced technologies:

  23. Telemedicine • Homecare cardiology services and GSM-based patient monitoring • Interactive video consultation • Tele-radiology services via the Internet • Satellite-based training and education materials • 3D medical imaging

  24. Non-Electronic Diagnostics • Many new products and developments are based on the vast knowledge accumulated in: • Toxicology • Chemistry • Parasitology • Immuno-chemistry • Microbiology • Bacteriology

  25. Hospital Planning & Engineering Consulting Services • International reputation for being at the forefront of high-tech hospital design • Israeli companies provide services around the world

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