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Spotlight on… Israel’s Medical Device Industry

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Sunday, September 26th, 2010

Israeli physicians, scientists, researchers and engineers have propelled the country’s Medical Device industry to the leading edge of innovation and creativity, spanning all fields of medicine.

Quick facts:

  • Israel is considered to be the second largest supplier of Medical Device solutions worldwide.
  • Israel ranks #1 in Medical Device patents per capita (#4 in absolute figures).
  • There are over 1,100 life science companies in Israel; 65% of them are Medical Device firms.

Several global medical corporations have found Israeli companies to be attractive business partners. Israeli companies have proven their excellence in R&D, and in implementing breakthrough technologies in the Medical Device industry. Some of the leading multinationals holding equity positions in Israel include GE Medical, Philips, Siemens, Boston Scientific, Johnson & Johnson, and Medtronic.

A strong entrepreneurial spirit pervades Israeli society. Perhaps fueled by a young country’s need to develop creative solutions quickly and cost-effectively, or inspired by improvisation and calculated risk-taking, it seems that innovation is an Israeli way of life.

Please click here to see the catalogue of the exhibiting Israeli companies at Medica 2010 (November 17-20, Germany)

Please click here to find out more about the Israeli Pavilion at Medica 2010.