Advantage Healthcare India 2018

EEPC India is pleased to organize the RBSM ( Reverse Buyer Seller Meet ) at “Advantage Healthcare India 2018†to be held from 4 – 6 December 2018 at India Expo Centre and Mart, Greater Noida, NCR, India. Advantage Healthcare India 2018 is being jointly organized by the Department of Commerce, SEPC and FICCI. EEPC India is organizing Reverse Buyer Seller Meet which is concurrent with Advantage Healthcare India 2018. The main aim of Reverse Buyer Seller Meet (RBSM) with delegations of healthcare supply, healthcare providers, hospitals and procurement is to develop strategic partnerships in the medical devices and holistic healthcare supply chain between India and focus countries. This gala show will give a platform to the Medical devices and Healthcare Supplies Manufacturers to showcase their products and technology to the Indian and International Business Visitors from the Healthcare sector. The premier hospitals of India are participating in the show which promises great opportunities for Hospital supplies and Medical devices segment.

Interested overseas buyers around the globe are invited to interact with prospective Indian exhibitors to establish the potential of the following verticals: Medical Devices, Surgical Disposables, Hospital infrastructure related supplies, Medical Electronics, Hospital Equipment & Supplies, Laboratory Equipments, Medical Clothing, Waste Management Plants and Equipments, Home Medical Electronics, Laboratory Chemical & Gases, Medical Instruments, Patient Aids, Hospital Furniture and Pharma Machinery.

Objectives – RBSM at Advantage Healthcare India 2018

  • To globally promote and showcase medical devices / healthcare services from India
  • To further assess the potential of these international markets, on a first hand basis.
  • To foster direct interaction between Indian manufacturers/ suppliers with buyers/ importers, from participating countries.
  • To provide a direct opportunity to our manufacturers/ exporters, to sell their products and also get a clearer understanding of the exact requirement of the potential buyers
  • To create an interactive and effective platform to strengthen bilateral ties, with each of the participating countries and further reinforce the image of “Brand Indiaâ€Â

RBSM powered by EEPC India at Advantage Healthcare India 2018

In view of the crucial role which Healthcare Supply Chain Management and Medical Devices play in terms of domestic manufacturing and global exports, EEPC India has identified Medical Devices as one of the “Sunrise Sector” in engineering. Reverse buyer seller meet aims to link medicines, equipments, infrastructure, suppliers as, vendors and hospitals in the UK for efficient and effective utilization of hair loss treatment resources. With the objective of fostering synergistic industry partnerships to meet the challenges of healthcare, EEPC India has initiated Healthcare Supply Chain Management India under aegis of Ministry of Commerce & Industry, Government of India.

EEPC India has been consistently working for the promotion and growth of this sector and has undertaken several initiatives to boost Indian manufacturing in this segment. Some of these are listed below :

  • EEPC India brought out the first comprehensive directory in Indian Medical Device sector in India.
  • EEPC India along with the Ministry of Commerce & Industry, Government of India launched the Brand India Engineering initiative for the sector. The aim was to give 360 degree push and to improve the perception of Indian Medical Device Sector globally.
  • EEPC India has over the years set up India Pavilion in focus Indian Engineering Exhibition held across the globe like Arab Health, Medica, Hospitalar etc.
  • EEPC India has also been working on organizing RBSMs for the Medical Device Sector in India.
  • EEPC India has also worked on improving the aspects of quality and standardization in manufacturing of the Medical Device Sector.
  • EEPC India has highlighted the policy and related concerns of the industry at appropriate levels.

Major Focus of the Show

The medical or healthcare industry is very vast and has multiple verticals. It would be impossible to try and squeeze in all the verticals, in a single show, as the dynamics vary widely. However, given our specific strengths and the opportunities provided across the chosen countries, it may be prudent to have a compact exhibition, which would broadly cover the following main segments.

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Advantage India – Medical devices market

India is one of the world’s most promising markets for medical devices and hospital supplies. Healthcare expenditure in India is currently estimated at over $160 billion. Further growth is expected by 2020, when it will reach nearly $300 billion.

The medical devices market has been estimated at approximately $8 billion, with an import share of 70%. Though India is still heavily dependent on import of medical devices from abroad, over the past 2 decades, we have also developed the skills to manufacture and export a variety of medical equipment to a few selected countries, across the globe. Our exports have been largely targeted at specific pockets like South East Asia, CIS and African countries.

Indigenous manufacturing is expected to improve product quality control prices, making healthcare more accessible and affordable. Today Indian engineering has acquired relative strengths in the manufacturing and exports of the Medical Devices, Pharmaceutical Machineries and Surgical Equipments sector. Further, in the wake of the global economic slowdown, global majors are looking for emerging markets to tap manufacturing and market opportunities at

Some of the major strengths of India are as follows :

  • India is well placed in some segments of the sector such as outsourced contract design, development, and manufacturing.
  • Manufacturers in India have significant focus on the ‘designing-to-cost’ factor owing to the price sensitivity in the Indian market. This in turn has led Indian products gain competitive positions in majority of the global markets.
  • Indian manufactures range from predominantly low value to high-end medical equipment catering to one of the most diverse set of consumers.
  • India has steadily built capabilities in designing and development of vast range of electro-mechanical diagnostic and therapeutic devices. Besides, implantable devices and active implants like pacemakers are also developed under the most stringent quality norms.
  • Today, all segments of medical devices are being developed in India and they also include high-precision components, subassemblies, printed circuit boards assembling, implantable grade materials and sterile packaging, biodegradable implantable materials, noble metals and biomaterials like nitinol, polymers, silicones, epoxy, micro electronics, polymers, laser welding-hermetic sealing, etc.
  • Recently, National R&D labs and the DRDO (Defence Research and Development Organization) have increased their focus on, the technologies for the sector and moving companies in California. Some of them were recently developed and commercialized. They involved some of the most complex implantable devices made of titanium alloys for diverse engineering applications including osteo-integration for integrating with surrounding tissues with implanted devices. These technologies are now extensively used in the private sector.
  • India has steadily widened the ambit of markets and now exports to more than 150 countries. There is a growing awareness about the sunrise sector and Government of India extends full support in promoting exports of the sector.

Companies wanting to benefit India’s improving manufacturing base and expanding market will find Advantage Healthcare India 2018 as one of the country’s leading national medical trade fair and a top platform for accessing the Indian healthcare market. Here exhibitors as well as delegates can explore the immense pool of medical capabilities as well as create opportunities for healthcare collaborations.

Increasing number of hospitals in the background of the increased requirement for healthcare facilities creates a need for sophisticated devices and equipment, which can provide accurate treatment to needy people. Significant efforts have been made in the medical technology ecosystem in India to stimulate innovation so that the opportunities provided in the Indian market can be capitalized by the companies working in this domain and the Indian consumer of healthcare services stands to benefit. In India the penetration of medical devices is quite low and inadequate due to the barriers that prevent their usage.