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MEDICAL MANUFACTURING ASIA 2016 REFLECTS VIBRANT SOUTHEAST ASEAN MEDTECH SECTOR
MEDICAL MANUFACTURING ASIA 2016, 3rd Manufacturing Processes for Medical Technology Exhibition and Conference, recently closed in Singapore to positive results: 5,200 trade visitors from 38 countries - with more than 30% coming from overseas - took part. The importance of MEDICAL MANUFACTURING ASIA 2016 as a platform for the latest technologies from the medical technology and medical manufacturing processes sector was further highlighted by the strong participation of 200 exhibitors from 18 nations. In addition to country group exhibits from Austria, China, Germany, Japan and Singapore, national pavilions from Italy, the U.S. and Europe (a group presence led by IVAM Microtechnology Network) were featured for the first time. These results are indicative of MEDICAL MANUFACTURING ASIA’s alignment with Southeast Asia’s vibrant MedTech sector which experienced robust growth of downstream medical manufacturers and enhanced manufacturing capabilities in recent years.
Again held concurrently with MEDICAL FAIR ASIA at a new and larger venue, the two exhibitions provided an ideal business-promoting platform for the medical and healthcare sector In his opening speech, S Iswaran, Minister for Trade and Industry (Industry), stressed Singapore’s strong position as a gateway for local and foreign MedTech companies to access growing markets in the region and Singapore’s reputation as a trusted business hub.
John Lim, Lead, MedTech Initiative, Precision Engineering Centre of Innovation, SIMTech, and one of the key speakers at the MedTech Business Forum, agreed: “Southeast Asia has a tremendous growth potential, primarily due to its sheer size, and growing ageing population. We are seeing a lot of opportunities in the areas of personalized medicine, especially inter-connectivity, as well as a lot more devices for localization. I think it is a great platform to not only share what we have but by inviting speakers from renowned MedTech companies and analysts from Ernst & Young and Frost and Sullivan, our focus is also on driving R&D and innovation.”
Gernot Ringling, Managing Director of Messe Düsseldorf Asia, commented that MEDICAL MANUFACTURING ASIA continues to address the challenges of accessing Asian markets and serves as a central meeting place and launch pad for the medical manufacturing industry to establish networks and grow their business in the region: “The healthy exhibitor and visitor numbers are proof of the local and international attention and standing of the exhibition which connects the industry, pairing exhibitors with key decision makers and the right audience profile. Together with the concurrently staged forums (IVAM Forum on high-tech medical devices and MedTech Business Forum) and workshops which were well-attended by more than 200 delegates, and the co-location with MEDICAL FAIR ASIA – this one-stop platform is the only one of its kind in the region that offers a conducive sourcing and knowledge-exchange experience for all involved.”
Dr. Thomas R Dietrich, CEO, IVAM Microtechnology Network, pointed out that there are very few trade events worldwide that focus specifically on medical technology: “It is very important to have this type of trade show. We really see elsewhere what is on display here at MEDICAL MANUFACTURING ASIA - the technology itself. IVAM represents the micro and nano technology side and I believe that this kind of product and this kind of technology is very important for the medical industry.”
MEDICAL MANUFACTURING ASIA 2016 exhibitors were pleased with their participation. “The quality of enquiries is very good and from the leads we received we expect higher post-show results than we got at other exhibitions we have attended,” said Mark Teo, Group CEO, SP Industrial Holdings. For Italian company P3 SRL, Southeast Asia continues to be an important region: “Many customers and consultants we met with were decision makers and they were very interested in our solutions. We had visitors from Singapore of course but also from Malaysia, Indonesia, Thailand and even from Myanmar,” remarked Commercial Director Enrico Chiabrera.
Visitors also gave the event high marks. First-time attendee D. Dominic Er, Executive Chairman of Quantum Health (Singapore), noted: “I was surprised by the size of the exhibition and the turnout. Having been in the medical industry for most of my life, this is one of the best shows I have visited as I saw many new and interesting exhibits on display. I came here looking for breakthrough products and services that my newly established company can acquire and I found that the two exhibitions have a good mix of exhibits.” Mohamed Salih, Chairman of Damas Company Pvt Ltd (Republic of Maldives), added: “I was able to see the latest medical technologies, cost-effective solutions and innovative products that would benefit end users. I also had the opportunity to interact with the international pool of exhibitors at the exhibition – I will certainly be back in 2018.”
The next edition of MEDICAL MANUFACTURING ASIA will take place in Singapore in September 2018. For further information on visiting or exhibiting at MEDICAL MANUFACTURING ASIA 2018, contact Messe Düsseldorf North America, 150 North Michigan Avenue, Suite 2920, Chicago, IL 60601. Telephone: (312) 781-5180; Fax: (312) 781-5188; E-mail: email@example.com; Visit our web site http://www.mdna.com; Subscribe to our blog http://blog.mdna.com; Follow us on twitter at http://twitter.com/Medical_MDNA
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