A lot has been said about the “Start-Up nation” – We believe what makes Israel a start-up nation consists of the three main factors:
people who don’t get a NO as a valid answer and do not give up
the wish to make the world a better place and improve life all over the world
in a small country where everyone knows everyone, exposure to ideas is high
Israel is considered a leading country in the field of medical devices. The total number of granted patents in the medical devices area positions Israel in the first place in patents per capita in the world and in the fourth place in absolute number of patents. 656 medical devices companies are active in Israel.
Over 50% of the companies are based on 5 employees or less, while only 3% have over 100 employees. Over 65 % of the companies have not yet reached the commercial stage and are still in the seed or R&D stages of development
Source: Meidata report on Israeli medical devices industry, 2012