Country Reports - Iran

Dehghani: Iran's Capacity to Benefit from The World's 500-Billion-Dollar Market in The Field of Medical Equipment

May 2023

Country Reports - Iran

Dehghani: Iran's Capacity to Benefit from The World's 500-Billion-Dollar Market in The Field of Medical Equipment

May 2023

Ruhollah Dehghani, Vice President of Science, Technology and Knowledge-Based Economy, during his visit to Indonesia and at the medical equipment forum of this country, which was attended by the head of the International Scientific and Research Agency of Indonesia, a group of managers and activists from the health field of the two countries, from the capacities of the ecosystem Iran's knowledge-based economy for international cooperation in the field of health.

Dehghani, in the continuation of his trip to Indonesia, referring to the capacity of international markets for knowledge-based interactions in the field of health, considered the historical companionship of the two countries to be central to continuing cooperation and added: There are extensive cultural commonalities between the two countries, which have a very wide potential capacity for cooperation that provides two countries in the field of health and medicine. It is necessary for the private sector to enter into this issue and by identifying the needs, with bilateral cooperation, take steps towards solving these needs.

Vice President of Science, Technology and Knowledge-Based Economy, stating that 70 years have passed since the first diplomatic relations between the two countries of Iran and Indonesia, said: Iran and Indonesia have a brilliant background in cultural, historical, economic and knowledge interactions, which the valuable background can be a reference point for the expansion of scientific and technological interactions between the two countries.

He continued: Naturally, in the meantime, the top regulatory institutions of the health field in both countries should facilitate and accelerate this with more cooperation and interaction.

Dehghani, referring to the existence of vast capacities of cooperation between Iran and Indonesia in the field of health, said: for the development of bilateral cooperation in the field of medical equipment, medicine and health, it is possible to define broad areas of cooperation that will certainly be in the long term and with paying attention to the vast cultural commonalities between the two countries, the developing market of technology and the expansion of the economic markets of the two countries of Iran and Indonesia, which together include about 400 million Muslim populations, with the help of God Almighty, we will witness great progress.

500 billion dollar medical equipment market

Vice President of Science, Technology and Knowledge-based Economy, stating that the use of medical equipment in human life is as old as the history of civilization, continued: simple medical tools invented thousands of years ago are now replaced by the most advanced medical tools and devices, diagnostic and treatment aid, whose global market size now reaches about 500 billion dollars.

Dehghani continued: The technical knowledge used in the construction of many of these equipment's is of the highest and most up-to-date type in the world and the place where basic sciences, engineering and medicine are connected and converged. These achievements are the result of years of research by scientists in the most equipped scientific laboratories.

 

He added: The very wide consumer market and the strategic importance of medical equipment in saving the lives of the citizens of a country make extensive investments by the private sector supported by the government in this area.

The ability of 340 knowledge-based companies in manufacturing medical equipment

Vice President of Science, Technology and Knowledge-Based Economy stated that Iran has been able to successfully overcome the obstacles and challenges in the field of health by relying on internal capabilities and elite human resources, and continued: the cruel sanctions imposed on it for years have caused Looking at domestic capabilities and supporting technological companies in the field of medical equipment should be expanded. Currently, 340 knowledge-based companies are active in the ecosystem of health technologies and innovations, and while meeting the needs of the country, they have enough capacity to be present in international markets.