
| Medical, Cosmetic,Health Technology in Iceland | |
Innovation is the driving force behind the Icelandic medical and health technology sector. A highly educated workforce with an international outlook, combined with an entrepreneurial environment and a sophisticated health-care system, makes Iceland an ideal place for developing and testing leading health technology innovations.
Turnover in medicinal and medical products has been growing over the years and in 2003, the total value of export of medicinal and medical products was ISK 13,500 million. Icelandic firms are now world leaders in prosthetic devices and important exporters of diagnostic technology and medical software. These firms have pioneered medical software for doctors and pharmacies to manage and dispense prescription drugs. Diagnostic technology to assess and measure sleep disorders, respiratory problems and geriatric symptoms has also been developed in Iceland.
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