The 26th Medical Fair India was inaugurated by British Dy High Commisioner   Mr. Crispin Simon and a galaxy of luminaries from the healthcare industry at the Bombay Convention and Exhibition Centre in Mumbai with a total more than 270 Indian exhibitors this year. It will be on for three days from 05-07 March, 2020.

 

Medical Fair India, India’s No. 1 Trade Fair for Hospitals, Health Centres and Clinics, impressively continues its rate of growth and keeps pace with the positive trend in the industry. Medical Fair India 2020 is expected to cross 12-14000  trade visitors this year.

 

Under the pioneering vision of Mr. Rajiv Nath, Forum Coordinator, AIMED, the voice representing the interest of over 700 Manufacturers of Medical Devices to promote global harmonization and respect for the Indian Device Industry, AiMeDs “Make in India” pavilion is 100% larger than last participation in Mumbai with over 50 AiMeD member exhibitors and that has been the centre of attraction showcasing the immense potential of India, its high precisioned engineering yet affordable, technologically advanced design, innovation, manufacturing and export hub raising high the brand India flag to promote global harmonization and respect for the Indian Device Industry.

 

“Messe Dusseldorf group is privileged to have AiMeD to set the “Make in India” tone to ensure overall growth of Indian Medical Devices Industry. The accompanying programme also helps in wider dissemination of information to each player of the industry.” Said Mr. Thomas Schlitt, Mg Director of Messe Dusseldorf India.

Both Medical Fair India and AiMeD work with the common objective of offering a consolidated platform to connect the industry fruitfully with various Stakeholders of the Healthcare Delivery Eco System to attempt to address their needs.

 

The 26th edition will also witness 4 major conferences and a celebration of individuals and organizations at 10th Medgate Today awards on 5th March, 2020. This year awards will felicitate the medical industry stalwarts in recognition to their contribution to the Indian Medical Industry.

 

The Clin Lab India Conference will cover topics on In- Vitro Diagnostic, Laboratory medicine, Point of Care Testing, Molecular Medical Diagnostics and Clinical Chemistry.

Future for Hearth (FTRH4H) conference this year at Medical Fair India will focus on how Digital Transformation reconstructs Healthcare.

 

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 “Smart Hospitals” platform is created as a new entity this year. The objective is to help the Small and Mid-sized Hospital Owners to rethink their business models, create new opportunities by evolving newer smart ways of delivering healthcare.

 

Alongside this new area other focal segments on display at MEDICAL FAIR INDIA 2020 include: medical products and devices, laboratory technology and diagnostics, clinic and health centre furniture, and the health IT segments now so on trend the world over as well as mobile health solutions.

 

Rajiv Nath, Forum Coordinator, AIMED said, “Medical Fair India is getting bigger and better with every edition. India is one of the fastest growing country in Medical & Healthcare Sector. Medical Fair India provides plenty of opportunity for interacting with people of different trade and business at a single place to set up profitable business relationships and keep abreast with accessible technologies.” Mr. Rajiv Nath, Forum Coordinator, AiMeD

 

 

“I heartily congratulate all participants and want to offer my gratitude to Mr. Thomas Schlitt, Managing Director, MesseDusseldorf India, Medical Fair India for his genuine efforts for the establishment and growth of Indian Medical and Healthcare Industry.”

 

“We hope that Medical Fair India can become the preferred Healthcare Exhibition for Indian Medical Devices Industry and rise to the levels of Arab Health, Dubai and Medica, Germany, one day .” Added Mr. Nath.

 

Mr. Rajiv Nath also highlighted key recommendations to place India among the Top 5 Medical Devices manufacturing hubs worldwide and help end the 80-90% import dependence forced upon us and an ever-increasing import bill of over Rs. 38,837 Crore & promoting growth Indian Medical Device industry:

 

• Need to Regulate all Medical Devices under a separate Patients’ Safety Medical Devices Law to protect patients and aid responsible manufacturing
• Need to protect Consumers from exploitatively high MRP in Medical Devices by rationalized price controls and aid ethical marketing
• Need to encourage employment and Make in India of Medical Devices and address 80-90% import dependency by a predictive nominal tariff protection policy as done for mobile phones to ensure a vibrant domestic industry & competitiveness and price stability driven by competing domestic players
• Need to incentivize Quality in Healthcare Products in public healthcare procurements by preferential pricing for Q1 e.g. ICMED (QCI’s Indian Certification for Medical Devices) instead of L1 (lowest price) to ensure patients access acceptable quality.
• must ensure importers of Medical Devices are not kept out of the move to cap Trade Margins.

 

A pro-active policy formulation to regulate Medical Device differently than Drugs should permit free market dynamics to succeed and keep regulations simple, protecting consumers and incentivizing Make in India

 

“We invite colleagues n fellow exhibitors of this global village to invest in India by technical collaboration, JV, own factories to explore this incredible market place.” concluded Mr. Rajiv Nath.