1 Table of Contents

1 Table of Contents 6
1.1 List of Tables 9
1.2 List of Figures 13

2 Introduction 17
2.1 GlobalData Report Guidance 17

3 Overview of the Pharmaceutical and Medical Device Markets 18
3.1 Pharmaceutical Market 18
3.1.1 Market Overview 18
3.1.2 Pharmaceutical Exports and Imports 22
3.1.3 Supply Channels 23
3.1.4 Market Segments 23
3.1.5 Overview of Top Five Disease Areas 25
3.1.6 Major Players 26
3.2 Medical Device Market 50
3.2.1 Market Overview 50
3.2.2 Overview of Top Five Segments 53
3.2.3 Major Players 65
3.3 Market Drivers and Barriers 100
3.3.1 Drivers 100
3.3.2 Barriers 101

4 Market Access 103
4.1 Reimbursement and Payer Landscape 103
4.1.1 Overview of Healthcare System 103
4.1.2 Reimbursement Process 104
4.1.3 Overview of Insurance Providers 105
4.1.4 Patient Share in Healthcare Spending 110
4.1.5 Price Trend in Healthcare Services 112
4.1.6 Pricing Policies 113
4.2 Regulatory Landscape 113
4.2.1 Overview of Regulatory Agencies 113
4.2.2 Market Authorization Procedure for Pharmaceutical Products 116
4.2.3 Market Authorization Procedure for Medical Devices 118
4.2.4 Licensing Process for Pharmaceutical and Medical Device Manufacturing 119
4.2.5 Licensing Process for Pharmaceutical Exports and Imports 120
4.2.6 Intellectual Property Rights 122
4.2.7 Clinical Trial Regulations 125
4.2.8 Pharmaceutical Advertising Regulations 127
4.2.9 Pharmacy Regulations 128
4.2.10 Labeling and Packaging Regulations 129

5 Country Alysis 130
5.1 Political Environment 130
5.1.1 Political Structure 130
5.1.2 Alysis of Current Political Environment 133
5.1.3 Healthcare Policy Initiatives 135
5.2 Economic Landscape 137
5.3 Economic Indicators 140
5.3.1 Gross Domestic Product 140
5.3.2 Gross tiol Income 145
5.3.3 Inflation 146
5.3.4 Currency Exchange Rate 148
5.3.5 Foreign Direct Investment 149
5.3.6 Foreign Exchange Reserves 150
5.3.7 Trade Balance 151
5.3.8 General Government Structural Balance 153
5.3.9 General Government Net Debt 154
5.3.10 Major Industries 155
5.4 Demographics 156
5.4.1 Population 156
5.4.2 Education and Literacy 174
5.4.3 Employment 177
5.4.4 Disease Burden 180
5.5 Healthcare Infrastructure 183
5.5.1 Healthcare Facilities 183
5.5.2 Healthcare Parameters 188
5.5.3 Environmental Health 191
5.5.4 Healthcare Personnel 193
5.6 Healthcare Expenditure 196
5.6.1 Overview 196
5.6.2 Public and Private Sector Share 198
5.6.3 Major Components of Healthcare Spending 199
5.6.4 Healthcare Expenditure by Fincing Agent 200
5.6.5 Spending in Science and Technology R&D 201
5.7 Trade Associations 202
5.7.1 Pharmaceutical Association of Israel 202
5.7.2 Pharma Israel 203
5.8 Trade Fairs 204

6 Opportunities and Challenges 205
6.1 Opportunities 205
6.2 Challenges 206

7 Appendix 208
7.1 Abbreviations 208
7.2 Bibliography 211
7.3 Research Methodology 228
7.3.1 Coverage 228
7.3.2 Secondary Research 229
7.3.3 Forecasts 229
7.3.4 Expert Panel 229
7.4 Disclaimer 230