(PRLEAP.COM) Israel’s healthcare sector remains amid a period of uncertainty. The continual political instability of recent years has been a marked factor in this malaise; healthcare policy has changed frequently and often faced widespread opposition. Progress within the sector is unlikely in the short term while government efforts are concentrated around the current dark state of Israeli-Palestine affairs.
Fluctuations in healthcare budgets, where heavy cutbacks were reversed by the government in the face of widespread opposition by many industry professionals in 2003, have caused additional concern over the future of national healthcare after 2002 saw the first ever decrease of healthcare spending in local currency terms since 1998. Allocations for the health basket are seemingly in a constant state of uncertainty.

The Israeli medical device market is the largest in the Middle East and is valued at an estimated US$589 million in 2006. Imports represent much of the market, which is dominated by ‘high-end’ products such as electromedical and X-ray equipment. Domestic manufacturing is solid and exports of medical equipment continue to rise steadily. Market growth is currently estimated at around 5%, and per capita spending places Israel among the leading 20 countries in the world.

These medical device market reports are ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.

“The Medical Device Market: Israel” is available from Piribo. For more information go to: http://www.piribo.com/publications/country/middle_east/israel/medical_device_market_israel.html

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