Medical Fair India 2013 -- Medical Eq. | ||||
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Event Summary: | ||||
Medical Fair India is a key event to the Indian Healthcare sector. The Indian healthcare industry is experiencing a rapid transformation and is emerging as a promising market for U.S. suppliers of high-end products. The Indian healthcare market, currently at $35 billion annually, is expected to reach more than $75 billion annually by 2013. The growth in affluence of more than 300 million middle-income consumers is creating demand for higher standards of healthcare. The changing demographic profile and the rise of lifestyle-related diseases have altered the health seeking behavior of the consumer. The medical infrastructure in India is insufficient for the population, with demand for hospitals and beds far exceeding supply. The problem is acute in rural India, which accounts for over half of India's population, while about 80 percent of available hospital beds are located in the urban centers. Both government and private operators have major expansion plans to meet demand and increase quality. New specialty and super-specialty hospitals depend on the import of high-end medical equipment for over 65 percent of their needs, and this sector is growing at a rate of 15 percent annually. Medical Fair India promoted by Messe Düsseldorf the organizers of Medica has been growing in terms of participants. In 2012 it had 322 exhibitors and almost 6,750 visitors. The fair showcases a wide range of medical products and the latest medical technologies. |
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Contacts: | ||||
Lisa Huot, Trade Event Programs Senior International Trade Specialist Phone: 202-482-2796 Lisa.Huot@trade.gov | ||||
Olga Ford, New Delhi Commercial Officer Phone: 91-11-2347 2274 Olga.Ford@trade.gov | ||||
Ruma Chatterjee, Mumbai Commercial Specialist Phone: 91-22-26724136 Ruma.Chatterjee@trade.gov | ||||
Ryan Klemm, Messe Dusseldorf North America Phone: 312-781-5180 rklemm@mdna.com |