26th edition of Medical Fair India inaugurated in Mumbai; corona discussed

Additionally, the future for Health (FTR4H) conference with its 4th edition this year at Medical Fair India focused on how Digital Transformation reconstructs Healthcare

Mumbai, March 05, 2020: Corona Virus got a mentioned at the 26th edition of three day Medical Fair India 2020 which was inaugurated today at Bombay Convention and Exhibition Centre in Mumbai. Pointing out that after Corona Virus the world is now looking at India as the source of supply chain, Mr Rajiv Nath, Founder & Forum Coordinator, Association of Indian Medical Device Industry (AIMED), said, "In every dark cloud here is a silver lining. So we have definitely lot of you driving race for last few weeks about corona virus and about the disruptions to supply chain all over the world of medical device industry to importers to healthcare providers of sourcing products. The silver lining is that world is now watching at India as a possible second source of supply after China. Definitely a lot of opportunity here."

Dr Girdhar Gyani, Director General, Association of Healthcare Providers (India), said, "We have issued advisory through our hospitals that it is spread through the droplets. If you are careful of droplets and avoid touching your face and maintain hygiene then there is no need to panic."

It is India’s prominent exhibition and conference for healthcare, which acts as a platform where connections are made and business relationships are nurtured. A part of the "MEDICAlliance" family of trade fairs, it is organised by Messe Düsseldorf India in cooperation with MEDICA. The conference covered topics on In- Vitro Diagnostic, Laboratory medicine, Point of Care Testing, Molecular Medical Diagnostics and Clinical Chemistry.

Talking about the scope for healthcare industry, Dr Gyani, said, "Although there is slowdown all over the world, but I must tell people here that we have 1.6 million beds and we need 3.5 million beds in next three years. This means there is so much scope in for investment in healthcare industry including equipment. In next five years, the necessity would be 5 million bed. This is the huge market that India is offering. Kind of requirement which has been projecting from Government of India is to set up 3000 hospitals of 100 beds in tier II and tier III cities, which is huge opportunity for the industry.

It is being held in the backdrop when Indian healthcare industry has witnessed a remarkable growth over the last two decades. The foreign investments have made the medical devices market a fast moving sector contributing to the GDP. The Indian healthcare sector is diversifying and opportunities are emerging in every segment. Together with MEDICAlliance and in association with Association of Healthcare Providers, India (AHPI), Association of Indian Manufacturers of Medical Devices (AIMED), Association of Diagnostic Manufacturers of India (ADMI), Quality & Accreditation Institute (QAI), Practicing Pathologists Society and The Association of Practicing Pathologists (APP), this edition promises to bring together all the stakeholders from all facets of Medical and Healthcare Industry.

'MAKE IN INDIA’ Pavilion formed by AIMED at Medical Fair India 2020 has always been a centre of attraction at MFI exhibition. In 2020, this is the 4th consecutive year for ‘Make in India’ pavilion with a bigger representation. “Medical Fair India is well known for its ability to detect trends and respond to new innovations. Therefore, each edition is unique as it explores new sub-segments and opportunities for diversification” said Thomas Schlitt, Managing Director, Messe Düsseldorf India.

In addition to the exhibition, CLIN LAB INDIA hosted its 4thconference to promote the recent developments and market trends in the IVD sector. Additionally, the future for Health (FTR4H) conference with its 4thedition this year at Medical Fair India focused on how Digital Transformation reconstructs Healthcare. NASSCOM – Center of Excellence – IoT & AI joins this year as its Digital Transformation Partner and jointly with FTR4H will organize the Startup Awards. This year attraction include participation from Startups to showcase their solution in the Healthcare domain.

The VOH 5th International Healthcare Conference at Medical Fair India is an important date on the national healthcare calendar. This year, the theme is ‘SYNERGY, IDEA, COLLABORATION: UNLOCKING THE POTENTIAL OF INDIAN HEALTHCARE’. The overarching objective is to mobilize key stakeholders from both public and private sectors – along with their strengths and innovations – on a common platform that can highlight best-ways forward for everyone who holds a stake in the space.

rehaindia, powered by REHACARE will continue to feature alongside Medical Fair India. This segment will be dedicated to the rehabilitation sector in India. The three-day event will attract all the categories of stakeholders in this segment. “This segment of the market is increasingly moving to the foreground as medical care is constantly improving, prosperity is rising and life expectancy is extending as a result of this. This is why we are now also bringing our know-how acquired by REHACARE, the leading international trade fair for care and rehabilitation, to bear in India to mark the anniversary of MEDICAL FAIR INDIA. With this move we are granting our exhibitors access to a very big market and our visitors to interesting solutions for all their questions relating to disability,” explains Horst Giesen, Global Portfolio Director of Health & Medical Technologies at the Messe Düsseldorf Group.

The “Smart Hospitals” platform is created as a new entity this year. The objective is to help the Small and Midsized Hospital Owners to rethink their business models, create new opportunities by evolving newer smart ways of delivering healthcare. The intent was to bridge an existing gap as medical conferences hardly ever touch the business side of healthcare. Managers diving in from non-healthcare domain have not understood as to how healthcare should be practiced and delivered. It is high time doctors and doctor managers take charge of this business side.

ABOUT MEDICAL FAIR INDIA
All information related to the MEDICAL FAIR INDIA 2018, such as details for participation as an exhibitor, are available online at: www.medicalfair-india.com
All facts, figures and data related to the "MEDICAlliance" trade fairs are available online at: www.medicalliance.global


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