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Research and Markets: Overview of the Medical Device Market in Israel 2015
[May 22, 2015]

Research and Markets: Overview of the Medical Device Market in Israel 2015


Research and Markets (http://www.researchandmarkets.com/research/l96wrp/the_medical) has announced the addition of the "The Medical Device Market: Israel" report to their offering.

Israel has the largest medical device market in the Middle East region. Much of the market, just under 83%, is supplied by imports, and a significant portion of these in value terms are dominated by "highend" products falling under the diagnostic imaging apparatus category. It also has important domestic manufacturing capabilities, with just under 300 medical device companies in the country, according to Ministry of Health estimates.

Israel spends around 7.8% of total GDP on healthcare in 2013, and per capita spending rates are considered high by regional and world standards. Much of spending is in the public sector and the government has made allowances in recent years to expand the number of services and treatments offered by public health insurance programmes. However, the country also has a rapidly growing elderly demographic that is contributing to rising healthcre costs and the burden of non-communicable diseases.



Israel remains one of the most attractive investment opportunities for multinational firms in the Middle East, with GE establishing an R&D centre in the country in 2011. Israeli medical device firms are also prime targets for mergers and acquisitions, as illustrated by US-based Spectranetics' acquisition of Israel's Upstream Peripheral Technologies and US-based Endo Choice's decision to merge with Israel's Peer Medical, both in January 2013.

This report estimates the medical device market in Israel is worth US$1,099.4mn in 2013, equal to US$141 per capita. The market is expected to expand at a CAGR of 7.4% during the forecast period, which should see it reach US$1,570.9mn, or US$186 per capita, by 2018.


Key Topics Covered:

1. SWOT

2. Medical Device Market

3. Consumables Market Forecast

4. Diagnostic Imaging Market Forecast

5. Dental Products Market Forecast

6. Orthopaedics & Prosthetics Market Forecast

7. Patient Aids Market Forecast

8. Other Medical Devices Market Forecast

9. Annual Medical Device Imports

10. Monthly Medical Device Imports

11. Annual Medical Device Exports

12. Monthly Medical Device Exports

13. Macroeconomic Forecasts

14. Industry Risk Reward Ratings

15. Market Overview

16. Healthcare Overview

17. Healthcare Activity

18. Industry Trends And Developments

19. National Medical Device Manufacturers

20. Medical Device Market Access

21. Risk/Reward Ratings Methodology

22. Sources

Companies Mentioned

- EndoChoice

- GE

- Peer Medical

- Spectranetics

For more information visit http://www.researchandmarkets.com/research/l96wrp/the_medical


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