Meditec Clinika 2010 - 4th International Trade Fair for Medical Equipment and Technology

The Indian Healthcare Industry is all set for a steep growth. Statistics show that the growth of investments into the Industry has been in the double digit. The no of foreign players in the country in this Industry is growing. India is being recognized as global destination for the healthcare industry. There is a need for addressing these changes and developments which are happening at a rapid pace.

The Current Medical devises and equipment market is around US $ 3.15 billion. It is expected to grown steadily at around 18% annually. The various verticals growth is depicted in the graph below.

The Corporate hospital groups such as Apollo, Escorts, Wockhardt, Fortis & Max together receive approximately 3000-5000 international patients each year.There is a growth of 30 to 35% annually to the patients coming from abroad. The patients are mainly from developed countries besides Middle East & African countries along with patients of Indian Origin who reside abroad

The various nationalites come here for Cardiac, Orthopedics and Dental specialties and increasingly a number of Insurance companies abroad are favouring India as a healthcare destination. The one of the main reasons is that of the cost to conduct any surgery is among the lowest in the world but in terms of care & recovery it is the highest.

Indian Healthcare - New Avenues for Growth

India represents the world’s second largest populated country. Hence 65% of the healthcare industry is still to be developed in India. So the country is becoming a source of opportunities for players operating in these segments.

The Healthcare industry is expected to grow at 15% p.a., to reach US$79 billion by FY 2012

Total healthcare spending in India is expected to grow at a CAGR of 17% between 2007 and 2012.

In India, 80% of healthcare payments are still paid out-of-pocket.

Around 76 Million Indians are expected to be above 65 years of age by 2012, thereby increasing the prevalence of several chronic diseases.

India, with one of largest population with diabetes and cardiovascular diseases, has created a huge opportunity for healthcare products and services for these indications.

The large-scale prevalence of both infectious and lifestyle-related diseases has created a big opportunity for the IVD market in India.

Strong human resources and cost advantage has enabled India to emerge as a strong outsourcing destination.

Chennai (Madras) as a Destination of Meditec Clinika 2010

Chennai (Madras) located in the southern state of Tamil Nadu boasts of the fastest growing Healthcare industry in India with more private and Govt. hospitals growing rapidly.
Headquarters to many of the medical equipment and software companies in India, Chennai boast of more than 400 companies from the medical equipment and technology segment.
Medical tourism growing at 15% in Chennai with the core sectors of Cardiology and Orthopedics attracting the maximum patients.
Meditec 2006 & 2007 was successful in Hyderabad (Andhra Pradesh) which is just 600kms from Chennai. The brand has got acceptance in South India and Meditec Clinika 2008 was once again a successful show in Chennai and hence we want to consolidate this base.
Mumbai does not have a world class exhibition center like Hyderabad and Chennai which is a must for any International exhibition.
The best professional doctors from key specialties reside and practice in Chennai and the southern regions that are the key decision makers of purchases of medical equipments.
Large hospitals and nursing homes are located in Chennai and the southern states of India which are attracting large private investment for either expansion or to set up new projects in the South of India
Bangalore one of the hubs of I.T. and healthcare is located just 600kms from Chennai
Exhibitor feedback from past exhibitions has overwhelmingly supported Chennai as a venue.

Opportunities at Meditec Clinika 2010 – Platform to enter the South Asia Healthcare Market :

Specialized Conference on Futuristic Healthcare Technologies & Hospital during Meditec Clinika 2010.
Special Tour for International visitors to India Hospitals to understand the way Indian Hospital Function.
Gain unmatched industry knowledge.
Witness the latest advancement in the Indian Healthcare Industry.
Hosmac India Pvt. Ltd. – Knowledge Partner with Meditec Clinika 2010 will be present and will conduct a special conference focusing on Indian Hospital.