Watch out Quebec! Israel to become international frontrunner of MedTech

It never ceases to amaze how this tiny country of ours has become an innovative superpower, most notably in the MedTech industry. MedTech Innovator, the industry’s most prominent nonprofit global competition and accelerator for medical device, digital health, and diagnostic companies, announced in June 2018 its pick for the globe’s leading 50 startups.

After a staggering number of applications had been submitted for the 2018 showcase and accelerator program, originating from than 34 countries, as the dust settled it was clear which country had the most companies selected, compared to its miniature size. With its 8.7 million inhabitants (about the same population of NYC), four Israeli companies were nominated to this prestigious program, the only Middle Eastern country to make it in. Out of the non-American companies, Israel was tied only with Canada, and led the way ahead of all European based startups.

It is certainly uncanny how Israel has managed to become such an outstanding leader in the global MedTech arena. I’ve written before on how the medical sphere is indeed crucial to Israel’s national security, just as much as any “hard” field dealing with weaponry. Israel is very small (about the size of the state of New Jersey) and lacks strategic depth, which inevitably means that its civilian population is rather rapidly potentially exposed to harm in times of conflict. Quick, innovative and efficient means of medical treatment can assist in determining the continued survival of the state.

Another problem which Israel faces on a daily basis is terrorism, but this however has become, to the dismay of many, rampant in Western countries, whether it be lone shooters or organized terrorist attacks. In light of this ongoing threat which has plagued the state of Israel since before its erection, Israel has nurtured and perfected a local MedTech scene which has sprouted many pioneering initiatives to combat the repercussions of acts of terror, which normally target a high number of civilian individuals.

One of such ground-breaking businesses, CardioScale, provides on-site deterioration prediction for trauma victims. CardioScale has developed a portable cuff monitor – DTR8 – which helps save lives by permitting better triage and treatment prioritization decisions via its proprietary algorithm. Sometimes, a seemingly minor thing such as adequately prioritizing casualties as emergency teams arrive on a mass casualty incident scene, might mean the difference between life and death.

In Judaism, we hold human life in the highest regard, and we must strive tirelessly to safeguard it. As it says in the Mishnah, “and whoever saves a life of Israel, it is considered as if he saved an entire world”. Two weeks ago, American Jewry suffered its most atrocious hate crime yet, when a monstrous attacker gunned-down 11 innocent worshipers at the Tree of Life synagogue in Pittsburgh. As acts of terrorism afflict different societies in all parts of the world, including our own, it is uplifting to see that Israel stands in the heart of providing original, state-of-the-art solutions, helping to save the lives of countless individuals, families and communities.

About the Author
Sharon holds a Master's degree in Political Science from Tel Aviv University and the prestigious Paris Institute of Political Studies, commonly referred as Sciences Po. During her studies in Paris, Sharon had interned at the Permanent Mission of Israel to the OECD, and was selected as spokesperson on behalf of the European Union of Jewish Students at the Human Rights Council at the United Nations in Geneva.
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