|Medical Fair India 2012 -- Medical Eq.|
Medical Fair India is a key event to the Indian Healthcare sector. Our goal is to help U.S. companies increase their market share in this growing market. The Indian healthcare industry is experiencing a rapid transformation and is emerging as a promising market for U.S. suppliers of high-end products. The Indian healthcare market, currently at $35 billion annually, is expected to reach more than $75 billion annually by 2012-13. The growth in affluence of more than 300 million middle-income consumers is creating demand for higher standards of healthcare. The changing demographic profile and the rise of lifestyle-related diseases have altered the health seeking behavior of the consumer.
The medical infrastructure in India is insufficient for the population, with demand for hospitals and beds far exceeding supply. The problem is acute in rural India, which accounts for over half of India's population, while about 80 percent of available hospital beds are located in the urban centers. Both government and private operators have major expansion plans to meet demand and increase quality. New specialty and super-specialty hospitals depend on the import of high-end medical equipment for over 65 percent of their needs, and this sector is growing at a rate of 15 percent annually.
Medical Fair India promoted by Messe Düsseldorf the organizers of Medica has been growing in terms of participants. In 2011 it had over 250 exhibitors. The fair showcases a wide range of medical products and the latest medical technologies.
|Lisa Huot, Trade Event Programs|
Senior International Trade Specialist
|Ruma Chatterjee, Mumbai|