By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
Given that medical devices account for nearly half of the industry, it is extremely obvious how dependent Israel’s life sciences sector is on this market. The medical device market is attracting the bulk of investments made in the life sciences sector, both in terms of the money spent and the overall number of deals made.
They need to look at the statistics of the entire digital healthcare companies sector in order to provide an accurate figure invested in medical equipment.
The Israel Medical Devices Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Medical equipment is moving toward digital innovation, integrating IT capabilities for more accuracy, better care coordination with physician-patient relationships, and cost-savings in healthcare. In addition to this expanding tendency, medical robotics keeps progressing and advancing implementation in the OR and precision treatment.
Examples include businesses like Sensus Medical, which provides dermatology and oncology care, Motorkita, which specialises in rehabilitation, or Sight, which blends hardware with AI for complete blood count and blood tests. Options for point-of-care diagnostics and early cancer diagnosis are among other cutting-edge technologies.
At MEDICA, Israeli medical gadgets present digital advancements. The Israel Export Institute’s primary endeavour in the life science sector is MEDICA.
They are pleased to have such a significant contingent of Israeli techs at the fair. With more than 80 businesses operating under our umbrella, they provide techs in a variety of healthcare and technological fields, including remote monitoring, diagnostics, over-rehab, wound treatment, paediatrics, and many more.
In the past year, especially during the COVID pandemic preparedness, digital health has established itself as the norm in the healthcare industry.
With more than 600 companies operating in the sector, Israel is regarded as a leader in the industry. Since hospitals have been using EMR for a while, there is a vast resource of medical data available for study and testing, as well as current infrastructure for installations.
With the need for isolations, medical wearables and IoMT (Internet of Medical Things) are more important than ever. Additionally, it may be operated remotely, saving both time and money. Without the use of cuffs, BioBeat has created a sensor that can continually measure blood pressure.
The MEDICAL event is a premier venue for that, and they like participating each year because it has the potential to spark hundreds of business partnerships and produce new leads for years to come.Israel produces cutting-edge medical equipment for the international market.
