Danish Health Tech Group, part of Danish Export Association, in cooperation with the Royal Danish Embassy is inviting companies to join the Pavilion of Denmark at Medical Fair Thailand, 6 – 8 September 2017.
Medical Fair Thailand is run by MEDICA-organizer Messe Düsseldorf, and serves as the one-stop platform to springboard products from around the world into Southeast Asia’s thriving medical and healthcare markets. In its 8th edition Medical Fair Thailand 2017 will continue its growth pattern as it returns even bigger and better.
It’s the ideal showcase for Danish companies wishing to capture the opportunities in this booming market for products and services for the healthcare sector, in markets such as Thailand, Malaysia, Singapore, Vietnam, Philippines and Myanmar, as well as other countries in the region. The event will attract around 700 exhibitors and more than 9,000 quality trade visitors and buyers from more than 50 countries, including:
- Distributors, traders, importers and agents
- Hospital managers, technicians, clinicians, doctors and nursing officers
- Rehabilitation organisations and nursing homes
- Procurement agencies
- Care service managers
- Health Ministry officials
As Thailand’s No. 1 medical and health care event Medical Fair Thailand is focused on equipment and supplies for the hospital, diagnostic, pharmaceutical, medical and rehabilitation sectors.
Key trends and growth opportunities
Healthcare demand in Southeast Asia continues to increase rapidly. Driven by population growth rates that are expected to surpass those of other geographies, ASEAN is seeing a shift from infectious diseases to non-communicable disease patterns matching developed western markets, writes Danish Export Association.
- Patients are growing in number and spending power.
- Rapid urbanisation has led to illnesses caused by a sedentary lifestyle, creating a healthcare market expected to be worth US$62 billion.
- Innovation is playing a bigger role, especially in augmenting key traditional care management approaches.
- There is a rising demand for rehabilitative care with 46 million people over the age of 65 by 2020.
- New patient centric, collaborative business models, wellness and lifestyle themed health services, telehealth initiatives and subscription care models are emerging.
- Connected healthcare is a thriving area that will see greater progress in the coming years with Southeast Asians embracing the digital lifestyle.
- The private healthcare market continues to enjoy solid growth, especially in Singapore, Malaysia and Thailand.