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Diversity is the backbone of Israel’s Dental Industry
The Israeli dental device industry includes more than 120 manufacturing firms. Some companies have reached international recognition, and became leaders in their own field. As a result, a few major acquisitions of Israeli companies took place within the last years: the very recent acquisition of MIS by Dentsply Sirona for $375M in 2016, the acquisition of AlphaBioTec by Nobel Biocare for $95M in 2008 or the acquisition of Cadent 3D Scanner by Align Technology Inc. for $190M in 2011. According to the World Economic Forum’s Global Competitiveness Report 2016-2017, Israel is the 2nd most innovative country dental technologies included.
In addition, there are multiple other companies, who offer a whole gamut of solutions aiming to enhance clinical performance, reduce chair time and increase efficiency and ease of treatment for both dentists and the patients. Thus Israeli dental products are considered value products and are highly competitive in global markets. Some of these companies are already established in the market, while others are at the R&D or at an early revenue stages. Between 2012-2014, the aggregated exports of Israel's dental industry surpassed $500 million.
The Asian markets which are developing fast are considered to be a potential growth engine for both established and emerging companies. Israeli dental companies are looking for distributors and/or strategic partnerships to enhance their growth and some offer OEM.
The Israel Export & International Cooperation Institute
The Israel Export & International Cooperation Institute, a non-profit organization, supported by member firms, private sector bodies and the government of Israel, advances business relationships between Israeli exporters and overseas businesses and organizations.
By providing a wide range of export-oriented services to Israeli companies and complementary services to the international business community, the Institute helps build successful joint ventures, strategic alliances and trade partnerships.
The IEICI's Dental Sector is part of the Life Science Department which is the leader in business matching between the more than 1,200 companies in the Israeli life science industry and worldwide business partners at all levels. It has a proven ability to identify and match suitable potential business partners, organizes one-on-one business meetings, and is a focal point for contacts with the government as well as with the industry. Discover Israel's Dental Industry with IEICI.