Israel Exported $440m in Medical Equipment in Q1

Medical equipment exports increase by 7% from same quarter last year; 37% of exports went to U.S.

Ora Coren
Ora Coren
Send in e-mailSend in e-mail
Ora Coren
Ora Coren

Israel exported $440 million worth of medical equipment and computer-based medical products in the first quarter of 2013 – an increase of 7% from the same quarter last year.

Israel exported $164 million worth of medical equipment to the United States in the first quarter of 2013, accounting for 37% of the country's total exports in the field worldwide. U.S.-bound medical exports in the first quarter were 2% higher than the same period last year.

Medical equipment exports to the European Union totaled $132 million in the first quarter, 7.5% higher than in the first quarter of 2012, accounting for 30% of the exports. Exports to Asia accounted for $100 million in the first quarter, a jump of 15% since the first quarter last year.

Throughout 2012, Israel exported $1.72 billion worth of medical equipment, according to Angela Rabinovich, director of the life science division at the Israel Export Institute.

There are 1,200 Israeli companies engaged in life sciences in Israel, the export institute said. Of them, 62% produce medical instruments; 24% are in the biopharmaceutical sector; 7% in medical computerization and 7% in specialized services to companies in the sector.

Most Israeli exports in the field involve computerization of medical records, diagnostic and monitoring equipment, ambulatory and home health-care equipment, research and laboratory equipment, emergency or rehabilitation equipment and computer systems for hospitals.

A high-tech Israeli hospital room.Credit: Nir Kafri

Click the alert icon to follow topics:

Comments

SUBSCRIBERS JOIN THE CONVERSATION FASTER

Automatic approval of subscriber comments.
From $1 for the first month

Already signed up? LOG IN

ICYMI

Charles Lindbergh addressing an America First Committee rally on October 3, 1941.

Ken Burns’ Brilliant ‘The U.S. and the Holocaust’ Has Only One Problem

The projected rise in sea level on a beach in Haifa over the next 30 years.

Facing Rapid Rise in Sea Levels, Israel Could Lose Large Parts of Its Coastline by 2050

Tal Dilian.

As Israel Reins in Its Cyberarms Industry, an Ex-intel Officer Is Building a New Empire

Queen Elizabeth II, King Charles III and a British synagogue.

How the Queen’s Death Changes British Jewry’s Most Distinctive Prayer

Newly appointed Israeli ambassador to Chile, Gil Artzyeli, poses for a group picture alongside Rabbi Yonatan Szewkis, Chilean deputy Helia Molina and Gerardo Gorodischer, during a religious ceremony in a synagogue in Vina del Mar, Chile last week.

Chile Community Leaders 'Horrified' by Treatment of Israeli Envoy

Queen Elizabeth attends a ceremony at Windsor Castle, in June 2021.

Over 120 Countries, but Never Israel: Queen Elizabeth II's Unofficial Boycott