High International Impact at MEDICA and COMPAMED 2017: Visitors From 130 Countries
December 14, 2017
The recent concurrent staging of MEDICA 2017, the world's leading medical trade fair, and COMPAMED 2017, High tech solutions for medical technology, in Düsseldorf, Germany, again confirmed its high international impact for the medical technology industry.
On four days, 123,500 specialists from all health sectors came to experience the latest technologies presented by 5,100 exhibitors from 66 countries.
More than 60 percent of the visitors were from countries outside Germany - from 130 different nations. These included visitor groups from China, India, Columbia and Nepal as well as groups from the most important markets for medical technology in Europe who have attended for many years.
“MEDICA and COMPAMED have always had a high degree of international impact and this remains their trump card. Top decision makers from around the world come together here and are offered a wide range of products which is unique worldwide,” said Joachim Schaefer, managing director of Messe Düsseldorf.
MEDICA also is in first place globally in terms of exhibitors. “A large proportion of our 5,100 exhibitors came from abroad, presenting innovations for the outpatient and inpatient care sectors. Despite the renovations taking place at our fairgrounds and the fact that the area that housed Halls 1 and 2 was not available for this year’s MEDICA, we reached the same booking results as last year. With the temporary lightweight construction Halls 3a and 18, we were able to respond to almost all requests for exhibition space,” added Joachim Schaefer.
From the U.S., 438 U.S. exhibitors participated in MEDICA 2017, with 205 companies presenting their technologies within the two successful U.S. Pavilions, organized by Messe Düsseldorf North America.
The current reports from trade associations underline the importance of the stimulus MEDICA and COMPAMED provide for international business.
According to the German Medical Technology Association BVMed, the medical technology industry expects an increase of almost 6 percent in its global turnover, driven by dynamic developments in the export market.
In comparison, domestic trade will experience a relatively low growth of 2.8 percent, predicted to result in overall turnover of 30.6 billion Euros (these are the results of the latest survey of 106 German and foreign manufacturers).
During MEDICA 2017, the trade associations SPECTARIS and ZVEI also confirmed that their member companies are experiencing far more growth in export business than in domestic demand.
In addition to MEDICA and COMPAMED in Germany, Messe Düsseldorf organizes medical trade fairs in other countries.
“For many years, our successful healthcare events abroad have offered the ideal platform to unlock the growth potential of prospering economic regions,” explained Horst Giesen, Global Portfolio Director for Health & Medical Technologies at Messe Düsseldorf.
During MEDICA 2017, the new umbrella brand MEDICAlliance for all of Messe Düsseldorf’s worldwide medical trade fairs was introduced.
According to Horst Giesen: “Based on our world-leading trade fairs MEDICA, REHACARE and COMPAMED, we are offering global event expertise throughout the entire value-added chain and supply chain for medical care and rehabilitation, as well as the corresponding supplier products and services under this new label.” This includes the MEDICAL FAIR events in Mumbai, New Delhi, Singapore, Bangkok, Suzhou, the MEDICAL MANUFACTURING ASIA trade fair (in Singapore) and INTEGRATION (Moscow) as well as strategic partnerships for events, such as HOSPITALAR (Sao Paulo) and ZDRAVOOKHRANENIYE (Moscow).
New is the partnership with MEDTECH COLUMBIA (Bogota). The cooperation agreement was signed by Werner M. Dornscheidt, President & CEO of Messe Düsseldorf, Tom Mitchell, President of Messe
A special feature at COMPAMED 2017 was the U.S. Pavilion organized by Messe Düsseldorf North America with products presented by 18 exhibitors. Overall, 85 U.S. companies participated in COMPAMED 2017
The next concurrent staging on MEDICA and COMPAMED is scheduled for November 12 – 15, 2018 in Düsseldorf, Germany.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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