|The Gateway of India is an 85 foot tall archway designed to commemorate the visit of England’s King George and Queen Mary to India in 1911, and is undoubtedly Mumbai's most famous landmark.
Likewise, it seems befitting that Mumbai would be home to the country’s most important medical industry trade fair, MEDICAL FAIR INDIA! This important show will return to Mumbai March 2-4, and again will be the perfect “gateway” for international companies pursuing the exciting opportunities in this booming market.
The Gateway Of India (Mumbai)
The Indian healthcare sector has emerged as one of the largest service sectors in India. Healthcare spending has been rising at around 12% annually and will contribute to around 8% of the country’s GDP this year with a value of around US$ 78.6 billion. By 2020, the Indian healthcare sector is forecast by some industry analysts to reach US$ 280 billion!
Better standards of living as a result of increasing education and income is triggering this ongoing and remarkable growth, leading to ever higher demand for quality medical treatments, and resulting in rising demand within India for ever more modern forms of diagnosis and therapy treatments.
Yet while demand for high-tech products is ever increasing, the domestic Indian market offers mostly low-tech products. And this opens the doors for U.S. companies looking to expand their international sales and export opportunities!
Nearly 300 exhibitors are expected to showcase the newest international technologies and equipment for the medical industry to about 6,000 trade visitors. This year, Illinois and Minnesota will be officially represented at the show with delegations of companies from their respective states, as will the U.S. be represented by a U.S. Pavilion organized by the U.S. Department of Commerce office in India!
Following the demands of the market, MEDICAL FAIR INDIA is also adding two new segments to the show: medical components and rehabilitation equipment.
The show is organized by Messe Duesseldorf (renowned as the organizer of the world-leading MEDICA trade fair, as well as COMPAMED and REHACARE) and its Indian subsidiary office, Messe Duesseldorf India Pvt. Ltd. The show is supported by AIMED, the Association of Indian Medical Device Industry.
For further information about exhibiting in or visiting MEDICAL FAIR INDIA 2012, contact us for details. We hope you can join us at India’s medical industry gateway this year!