Italy once again demonstrated its innovative capacity in the healthcare sector at the Arab Health exhibition in 2021 in the United Arab Emirates. Italian companies invest heavily in healthcare, and their government supports them. This enables an ecosystem with more than 14,000 startups in Italy in the healthcare sector, which are also among the most innovative in the world. Covid-19 has proven to be an important catalyst for innovation in Italy, and not just in the healthcare sector.
The UAE and Italy have long enjoyed very strong economic ties. Trade exchanges between the two countries exceeded Eur8 billion in 2020, and continue to rise in all sectors.
For the first time, Arab Health has established an area for international startups. A quarter of all startups exhibiting at the international section of Arab Health are from Italy, further highlighting the country's innovative strength in healthcare technologies.