With its largest edition to date, the concurrent staging of MEDICAL FAIR ASIA and MEDICAL MANUFACTURING ASIA 2018 in Singapore was a resounding success: more than 14,000 trade visitors from 72 countries took part in MEDICAL FAIR ASIA - a 16% increase compared to 2016 while MEDICAL MANUFACTURING ASIA 2018 registered some 6,000 visitors from 56 nations – a 12% growth from two years ago. While 40% of the visitors came from outside Singapore, the majority were from Asia with neighboring ASEAN countries particularly well represented. A total of 1,220 exhibitors from 62 countries showcased their innovations.
MEDICAL FAIR ASIA and MEDICAL MANUFACTURING ASIA are part of Messe Düsseldorf’s MEDICAlliance network of medical trade fairs organized worldwide, including the No. 1 international event for the medical sector – MEDICA, held annually in Düsseldorf, Germany.
Confirming its position as the region’s leading business platform for the healthcare and medical sector, MEDICAL FAIR ASIA 2018 featured 23 national pavilions and country group exhibits – more than ever before. The Shvabe Group was part of the Russian Pavilion and according to its Managing Director and Chairman, John T.C. McGough, the company was very pleased with their participation and made many useful contacts with potential distributors: “Asia is the future and this is where growth will be in the next decade. Singapore, with its strategic locale, is the gateway to the region and we will definitely be back in 2020 with a bigger booth.” The Russian Pavilion was among the nine new country pavilions at MEDICAL FAIR ASIA 2018.
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Strong interest in future-ready solutions
The positive market outlook for the medical and MedTech sectors was well-reflected by the number of high-quality visitors seeking cutting-edge solutions among the more than 10,000 products showcased at the exhibition, ranging from medical manufacturing processes and machinery to finished products and components.
According to Ms. Huang Tinlan, FREE Bionics Group’s Head of Business Development, the new Community Care zone was the perfect location for their first time participation at MEDICAL FAIR ASIA: “At this exhibition, we made new contacts, including doctors and therapists from rehabilitation centers as well as neurological departments from Mount Elizabeth Hospital, Tan Tock Seng and Sengkang General Hospitals. The event was a good platform to present our products and we will definitely be back in 2020.”
New technology and digital health solutions were big draws at both exhibitions, with the new Start-up Park gaining much interest as a dedicated showcase for young companies to present themselves to top decision makers and seek potential investors. For Dr. Anand Govindaluri, Founder and Managing Director of Govin Capital Pte Ltd, the Start-Up Park was an ideal setting to listen to new product pitches and see digital health solutions up close: “This is my first visit to MEDICAL FAIR ASIA and I am particularly impressed by the Start-Up Park concept and Future for Health (FTR4H) digital health lounge.”
