The digital health sector is one of the most promising areas in terms of global growth, reaching a market size of more than $ 200 billion globally by 2024. Israel is one of the leading countries in this ecosystem: its share of investment has grown significantly between 2014 and 2019, from 1.5% of global investments in digital health to 4.5%, while the country's population represents approximately 0.1% of the world's population.
The digital health sector is the confluence of healthcare and technology, with a focus on healthcare delivery and consumption. Digital health is primarily concerned with making medicine more personal, continuous, accurate, and data-driven, using smart mobile applications, supported by sensor technologies and advanced wearable devices to empower patients by providing highly effective health management tools. efficient and accessible. With these tools, healthcare professionals, along with patients themselves, can monitor, predict, diagnose, and treat a wide range of health conditions. In the healthcare business space, healthcare analytics platforms, powered by artificial intelligence and machine learning algorithms, are dramatically improving medical decisions and clinical workflow. With a unique skill set of capabilities in information, communication technology, and cybersecurity, Israel has an unmatched advantage in health analytics, complemented by more than 25 years of experience in implementing health IT, electronic medical records, and big data analysis.
With steady growth over the last decade (some 80 new companies are formed each year), Israel has introduced creativity and innovation in the digital health field, and today there are more than 1,500 companies active. The largest sector is medical devices and digital health (more than 70 percent of companies). In the field of medical devices, Israeli scientists and engineers have integrated advanced technologies in electronics, communications, and electro-optics to develop world-class innovations in digital imaging, medical lasers, telemedicine, early diagnosis, smart surgical equipment, and more.
Relevant technology companies in the sector
Digital health Companies Finder - Startup Nation Central Finder
- https://finder.startupnationcentral.org/tag/medical-devices
- https://finder.startupnationcentral.org/tag/digital-healthcare
International exhibitions and conferences in Israel