Medical Fair Thailand’s 2017 Record Results Reflect Country’s Fast-Growing Medical Sector
October 8, 2017
MEDICAL FAIR THAILAND 2017, 8th International Exhibition on Hospital, Diagnostic, Pharmaceutical, Medical & Rehabilitation Equipment & Supplies, concluded its most successful edition to date: 830 companies from 66 countries (including 18 national pavilions and country groups) welcomed more than 9,000 trade visitors from 70-plus nations. U.S. companies participated within the U.S. group stand or the Enterprise Florida group stand.
The event is the region’s premier medical and healthcare exhibition with leading exhibitors showcasing their latest medical innovations.
The exhibits were supported by conferences and seminars attracting 650 attendees. In addition, the free business matching service provided networking opportunities and resulted in 13,000 meetings requests.
Gernot Ringling, managing director of Messe Düsseldorf Asia, the organizer of MEDICAL FAIR THAILAND, said, “The exhibition is a record-breaking edition, with a strong showcase of innovations from leading exhibitors as well as highly satisfied visitors.”
He added, “MEDICAL FAIR THAILAND certainly serves the booming medical market of Southeast Asia. We also welcomed 25=percent more visitors, compared with the 2015 staging, of which 33 percent were from overseas, which is indicative of the increasing interest from regional healthcare professionals. “
Dr. Atchaka Sibunruang, Minister of Science and Technology, added: “MEDICAL FAIR THAILAND continues to grow. At this year’s exhibition there were significantly more Thai companies in attendance and it was reassuring to see so many showcasing and selling their high-tech innovative products and medical devices and showing an interest in the medical devices sector. This proves the huge potential for medical tourism and S-Curve industries as the country’s key growth engines.”
Commenting on the second participation at MEDICAL FAIR THAILAND, Theeraporn Thiramonth, Project Coordinator Innovation Strategy Department at the National Innovation Agency (NIA), said, “All the innovative products we showcased at MEDICAL FAIR THAILAND 2017, whether medical device, diagnostic device or telemedicine, have been internationally certified and are in compliance with international standards so can be distributed throughout Asia as well as Europe and the U.S.”
The NIA is a public organization under the Ministry of Science and Technology, with the mandate to assist private companies to develop and launch their innovations and products.
French company Clariance Inc, specializing in the manufacturing of spinal implants, participated in MEDICAL FAIR THAILAND 2017 in order to explore ways to expand their business in the Asian market.
“It is a region with a huge potential for growth. We found MEDICAL FAIR THAILAND 2017 incredibly useful in networking with Southeast Asian decision-makers and meeting potential partners and distributors, especially in Thailand,” commented Sales Director Marc-Antoine Lemaire.
MEDICAL FAIR THAILAND 2017 featured the first official Indian pavilion. Rajiv Nath, Forum Coordinator for the Association of Indian Medical Device Industry (AiMED), stated: “We are very happy to bring an Indian delegation to the exhibition and be part of the growth story of Thailand. We came to bring affordable and safe healthcare to Thailand and I am very sure we will be back again in 2019 with a pavilion of at least 3,000 square feet. We look forward to working with the people of Thailand and the medical community of Thailand.”
First-time participant Precision UK took part in MEDICAL FAIR THAILAND 2017 in order to look for distributors to promote their products in Thailand. “The exhibition has been excellent, we have been very busy as we had many visitors, not only from Thailand, but all of the other Asian countries,” said CEO Robert Parry.
Dr. Tan Kok Yang, Head & Senior Consultant from Singapore’s Khoo Teck Puat Hospital, who also spoke at the Advanced Rehab Technology Conference (ARTeC), stated: “The co-location of a conference such as ARTeC with an exhibition like MEDICAL FAIR THAILAND definitely offers valuable synergies and a relevant platform for physicians and those involved in allied healthcare. Overall, there is a good attendance at the conference and the exhibition offers an excellent range of products and solutions, particularly those related to rehab care.”
MEDICAL FAIR THAILAND will return to the Bangkok International Trade and Exhibition Center from Sept. 11–13, 2019.
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.
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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.
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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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