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TLV performs health technology assessments of medical devices and regulates the pricing and reimbursement of medical device consumables.
Medical device is a broad term for a product, technology or equipment used separately or in combination with other products for health purposes such as the diagnosis, prevention, monitoring and treatment or alleviation of disease or other health related needs.
Health technology assessments consider many aspects in a comparison of treatments to examine cost effectiveness.
TLV regulates different types of reimbursement for administering or controlling levels of pharmaceuticals, and stoma products.
The market sector for medical devices is large and growing rapidly.
Here you can read the final report for 2015 in English.