Medical Fair Asia to Return in Fall of 2014

Over the years, Medical Fair Asia has become the leading and most established trade fair in Asia, focused on equipment and supplies for the hospital, diagnostic, pharmaceutical, medical, and rehabilitation sectors. When last held in 2012, the fair attracted 528 international and regional exhibitors from 31 countries, as well as 8,821 professional visitors. In all, 35% of the visitors were from overseas, with a significant number coming from Indonesia, Malaysia, Thailand, the Philippines, and Vietnam.

Medical Manufacturing Asia, the manufacturing processes for medical technology exhibition, will again be held concurrently with Medical Fair Asia 2014. The exhibition will be jointly organized by Messe Düsseldorf Asia and the Singapore Precision Engineering & Tooling Association (SPETA). The fair will feature new materials, components, intermediate products, packaging and services, as well as micro and nanotechnology. Together, the two trade fairs will offer a comprehensive range of technology and service solutions from the upstream and downstream medical sectors.

According to Frost & Sullivan (Frost; Palo Alto, CA, USA), by 2015 Asia Pacific's healthcare market is expected to reach close to 33% of the global healthcare market and an estimated value of about USD 521 billion, with trends in the medical device industry mainly centered on imaging, cardiovascular, and healthcare information technology (IT). A key driver for the Southeast Asian region is the impending liberalization of the services sector by 2015 under the ASEAN agreement, which will be geared mainly towards greater investment in private sector delivery, public-private partnerships, and investments in the medical devices industry.

Related Links:
Medical Fair Asia
Frost & Sullivan