INDUSTRY OVERVIEW - Size & Growth RateĪccording to a recent report by Start-Up Nation, investments in this sector grew around 30% in 2016 to $183 million, with over 70% being grabbed by personal health tools and health analytics companies alone. The increasing size of the digital health ecosystem in Israel is backed by investors from across the globe, including Chinese investors who are eyeing Israel to solve their nation’s healthcare problems and leading life science companies from Western countries such as USA who are making Israel the hotbed for their innovation pursuits. Israel healthcare startups are going global and creating innovative products to address the healthcare challenges of nations across the world. Leading global companies have lined up in Israel to take advantage of its innovation prowess in the healthcare space. With around 400 companies in digital health, strong life science and medical research support from academic and medical institutions, favorable government policies and availability of generous funding from incubators, accelerators and venture capital firms, Israel has come up as a powerhouse in the digital health space. Israel has also made great strides in establishing itself as a leading innovator in the Digital Health space. It has one of the most well established start-up ecosystems and is considered a pioneer in the technology industry. Israel is considered to be one of the most innovative countries in the world.
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