Technology and innovation drive the success of Medical Fair Asia & Medical Manufacturing Asia 2018
The two synergistic trade exhibitions for the medical, healthcare and MedTech sectors, Medical Fair Asia and Medical Manufacturing Asia 2018 closed to resounding success on 31st August. With its largest edition to date, more than 14,000 trade visitors from 72 countries visited the fairgrounds of Medical Fair Asia this year — a 16 per cent increase from 2016. Medical Manufacturing Asia 2018 registered some 6,000 visitors from 56 countries – making it a 12 per cent increase from the previous edition.
The three-day synergistic exhibitions hosted more than 1,220 exhibitors from 62 countries who reached out to a diverse, international profile of visitors. While 40 percent of the visitors came from outside Singapore, the majority were from Asia with neighbouring ASEAN countries particularly well represented. As Dr Chew Wei Lun, a certified functional medicine practitioner and first-time visitor observed, “I was impressed by the breadth of products on show and the wide internationality of exhibitors. In fact, I even learned more about the rehabilitative products which I was on the lookout for.”
Confirming its position as the region’s leading business platform for the healthcare and medical sector, Medical Fair Asia 2018 hosted a total of 23 national pavilions and country groups — its strongest line-up yet. The Russian Pavilion was among the nine new country pavilions which made their debut at the show.
The positive market outlook for the medical and MedTech sectors was well-reflected by the number of high-quality visitors seeking cutting-edge solutions among the more than 10,000 products showcased at the exhibition, representing the entire end-to-end value chain from medical manufacturing processes and machinery, to finished products and components.
New technology and digital health solutions were the big draws at the exhibitions, with the new Start-up Park gaining much interest as a dedicated showcase for young companies to pitch to top decision makers and seek potential investors.
On the Medical Manufacturing Asia front, companies with new approaches to innovation also took centre stage, underlined by the opening speech by Dr Koh Poh Koon, Senior Minister of State for Trade and Industry. He emphasized the growing trend of medical technology companies moving up the value chain and the need for new approaches and greater collaboration.
Strengthening their positions as the sourcing and procurement platforms of choice, both exhibitions welcomed visiting delegations and VIP buyers from Malaysia, Indonesia, Thailand, and Vietnam.
Complementing Medical Fair Asia and Medical Manufacturing Asia 2018 were a series of industry-focused conferences, seminars and workshops covering a wide-range of topics such as sports medicine, wearable technologies, robotic surgery, community care and MedTech that attracted 700 international attendees.
The next editions of the co-located exhibitions will take place from 9 to 11 September 2020 at the Marina Bay Sands, Singapore.
