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Quick
Facts |
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| Event Name: |
Medical Fair India Conference |
| Date: |
12 - 14 March 2010 |
| Venue: |
Bombay Exhibition Centre |
| City/State: |
Mumbai |
| Country: |
India |
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Event
Profile |
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The
Medical Fair India 2010 conference will bring together
representatives from industry, accreditation, financial, and
institutional bodies, and Government to address the issue of
bringing quality healthcare to the masses while enabling a
viable business for hospitals and medical companies.
A high GDP growth rate, vibrant democracy and a stable and
investor friendly legal and policy environment have established
India as a very attractive business destination in recent years.
Growing tremendously with increasing income, the liberalising
trade regime and entry of global players in the country, India’s
healthcare segment offers tremendous business potential for all
players from India and overseas.
With the rising quality of healthcare in India matching
international standards, medical tourism in India is booming.
Medical equipment companies are making a beeline to set up
manufacturing bases in India to take advantage of the low-cost
conditions. Primary healthcare going retail is becoming a
significant trend among corporate healthcare majors.
The healthcare sector in India offers abundant collaboration
opportunities for companies and medical practitioners from all
over the world. India provides opportunities for global service
providers to invest in curative and preventive services in
primary, secondary and tertiary care. It also provides
investment opportunities in medical infrastructure and medical
tourism. |
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Advantage
India |
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- A GDP growth rate of 7% projected for 2009-10
- An emerging middle class with growing affluence demanding
high quality healthcare
- Rising government and private spending on healthcare
- An investor friendly policy environment with foreign
investment allowed in all sectors of healthcare
- A stable financial and legal system
- An excellent skill base with a large pool of doctors
- A strong IT infrastructure backbone
- Presence of a large number of international and domestic
healthcare/pharmaceutical companies
- Large networks of academic & medical
centers/hospitals/laboratories with international accreditations
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Market
Opportunities |
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- Indian healthcare is a US$ 35 billion industry, expected
to reach US$ 75 billion by 2012 and US$ 150 billion by 2017
- The healthcare market will maintain a steady growth rate
of 10-12% over the next few years
- With an average household consumption expected to
increase by more than 7% per annum, the annual healthcare
expenditure is projected to grow at 10%
- Medical infrastructure forms the largest portion of the
healthcare pie. Beds in excess of 1 million need to be added
to reach a ratio of 1.85 per thousand at an investment of
US$ 77.9 billion
- The medical equipment industry is around US$ 2.17 billion
and growing at 15 per cent per year. It is estimated to
reach US$ 4.97 billion by 2012
- Clinical trials have the potential to become a US$ 1
billion industry by 2010 and the health services outsourcing
sector has the potential to grow to US$ 7.4 billion by 2012,
from US$ 3.7 billion in 2006
- The government’s recent liberalization of the sector
- easing restrictions on lending and foreign investment in
health care, encouraging public-private partnerships and
offering tax breaks for health investments in smaller cities
and rural areas – has encouraged players to invest in
the sector
- Private Equity funds are expected to invest at least US$
1 billion in the healthcare sector in the next five years
9.The government, along with participation from the private
sector, is planning to invest US$ 1 billion to US$ 2 billion
in an effort to make India one of the top five global
pharmaceutical innovation hubs by 2020
- With only 10% of the Indian population covered by health
insurance, the sector has huge growth potential and is
projected to reach US$ 5.75 billion by 20
- Medical tourism in India could be a US$ 2 billion
industry by 2012, growing at 25-30% annually. In 2007, India
treated 450,000 foreign patients and ranked 2nd in medical
tourism globally
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Delegate
Profile |
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- Clinic, laboratory, and hospital administrators
- Disinfection and waste management systems
- Distributors and importers
- Diagnostics
- Doctors, surgeons, and para-medical professionals
- Emergency / critical care equipment suppliers
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- Hospital – Infection control and Purchase
departments
- Hospital furniture manufacturers
- Medical disposable manufacturers
- Pathologists
- Rehabilitation aids
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Organizer |
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Messe
Duesseldorf India Pvt. Ltd.
1, Commercial Complex, 2nd Floor,
Pocket H & J, Sarita Vihar,
New Delhi - 110 076.,
India.
Tel: +(91)-(11)-26971056/26971745
Fax: +(91)-(11)-26971746 |
In
Association with:
Comnet
Conferences
217 B, II Floor Okhla Industrial Estate Phase III,
New Delhi - 110020., India.
Tel: +(91)-(11)-42795000
Fax: +(91)-(11)-42795098 |
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Trade Shows » Medical & Pharmaceutical » India » Mumbai » Medical Fair India Conference
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