2008 MEDIPHAR TAIPEI Offers a New Wave of Health-Care Business Opportunities
2008-11-09 12:41:01 -
- Co-hosted by Taiwan External Trade Development Council (TAITRA) and Formosan Medical Association, MEDIPHAR TAIPEI 2008 takes place Nov. (6-9) at Taipei World Trade Center. Not only is this event the sole professional medical software/hardware exhibition in Taiwan, it also provides a vital platform where the medical industry across Asia can exchange ideas and conduct procurement.
At this year's 20th anniversary MEDIPHAR TAIPEI, 266 exhibitors will use 541 booths to show their best. Its areas include "Medical Use IT and Communication Products, Medical Publications," "Diagnostic Equipment, Medical Equipment, Instruments & Hospital Supplies," "Biotech Products and Pharmaceuticals," "Rehabilitation, Health-care Products, Mobility Aids, Beauty Care & Anti-aging Medical Products," "Medical Services," "Overseas Exhibits," and "Cross Strait Medical & Healthcare Exhibition."
Meet medical greats for the best souring & business
The past two decades have seen MEDIPHAR TAIPEI offer huge business opportunities, particularly in the fields of medical equipment/service suppliers, both at home and abroad. This event lets the industry move toward further consolidation by offering cutting edge service/equipment giants. And for those in the field of mobile assistive device, it's a critical venue. That's why all the top names are here including leaders like Pihsiang (represented by its Taiwan agent Heir Li Hsin), Chienti, Apex Medical, Taiwan An I, Wu's Tech, top-ten blood glucose meter exporters such as Apex Biotech, Taidoc, Bionime, Taishin, stethoscope heavyweights Long Yue, and Chin Kou.
Academic research institutes participating in MEDIPHAR TAIPEI 2008 include the Cycling & Health Tech Industry R&D Center, Footwear & Recreation Technology Research Institute, Metal Industries Research & Development Centre, Incubation Center of Yang Ming University, National Health Research Institutes, and Industrial Technology Research Institute (ITRI).
To offer international buyers a better understanding of Taiwan's medical service/equipment industries, in terms of global contenders, the organizers of MEDIPHAR TAIPEI 2008 have invited 70 important potential buyers from 25 countries from around the world. These include:
-- Italy's largest producer/distributor of medical equipment and pharmaceutical products Artsana SPA Group (annual sales US$1.8bn)
-- South Korean medical instrument exporter/importer Samsung C&T Corporation (grossing US$9.7bn a year)
-- British medical testing equipment trading company Unipath
-- Australian medical equipment trading company Resmed
-- Japanese medical/care-taking supplies trading company As One Corporation
-- Brazilian medical supplies vendor Sociedade Beneficente Israelia Brasileira
-- US surgical and medical instrument vendor ACCURAY, and
-- Bangladesh top three medical equipment/supplies importer Tradesworth
During this exhibition, 82 procurement meetings will be held, which are expected to generate massive business.
Innovative products selected to honor design ingenuity
Once again at MEDIPHAR TAIPEI, the most innovative products will be selected to showcase Taiwanese medical service/hardware providers' ability to think outside the box. This year, out of 39 products entered by 27 exhibitors, 15 have been selected after having been created largely upon applying Taiwan's edge in electronics. These include the CPAP system, blood pressure kits, blood glucose meters, and bedside teaching aids.
Many of these products were ergonomically designed to provide added comfort and safety; hence such products as surgical gloves, adjustable shoe soles, king-size wheelchair back supports, car-use seat pads, among others, all were designed down to the smallest detail to support every need of the user. But besides adding comfort and utility, creative design also brings added value to medical products like the electrical blood pressure kits which have simulated LCD monitor mimic mercury movements or a walking stick that doubles as an umbrella. There's also an eye massager that operates with MP3 music and a blood glucose meter that has an exterior like a chic 3C consumer item. Whatever it is, the thoughtfulness, creativity, and pragmatism that goes into these products is all going to generate a lot of great business.
The Green Exhibit Design Award marks another stroke of innovation for MEDIPHAR TAIPEI 2008, as organizers strive to encourage participating exhibitors to use eco-friendly material booths. Three best performers will be selected from among the 266 participating exhibitors.
Medical Service Area: Check into Asia's latest check-up endeavor
This year, MEDIPHAR TAIPEI plans a Medical Service Area that will round up 15 hospitals from 13 top-notch medical service groups in Taiwan, including Mackay Memorial Hospital, National Taiwan University Hospital, Cheng Kung University Hospital, China Medical University Hospital, Taipei Veterans General Hospital, Chang Gung Memorial Hospital, Taipei Medical University Hospital, Landseed Hospital, Show Chwan Health Care System, Cheng Hsin Rehabilitation Medical Center, Kaohsiung Medical University Chung-Ho Memorial Hospital, Chung Shan Medical University Hospital, and Tri-Service Hospital. These hospitals are world-class providers of various high-quality products/services at reasonable prices. Their sophistication in the medical industry, complete with state-of-the-art technology, software, and hardware underscores Taiwan's status as a global leader in physical examinations, cosmetic medicine, and specialty medicine.
Taiwan International Medical Service Pavilion within the Medical Service Area uses "Healthy Taiwan" as its theme to introduce to the world its high level of professionalism, a solid technology, and the kind of affordability that characterizes Taiwan's medical service. And all this with rich abundant tourism resources that stretch up and down the island. With all this, Taiwan stands out as the most viable contestant in the race to act as center for physical exams in Asia.
Huge potential with massive exports of Medical supplies
Global medical equipment/supplies worth US$194.8bn in 2007 could grow to US$247.3bn by 2011, projects a recent ITRI report. And compared to how the global market is expected to grow, Taiwanese medical equipment/supplies sector is posed to compete at an even greater level with its production value having soared from NT$30.4bn in 2002 to NT$54.2bn in 2008.
Meanwhile, Taiwan exports of medical instruments/supplies are projected to top the NT$30bn mark in 2008. In recent years, medical supplies (catheters, medical-grade gloves), assistive medical instruments/devices (e.g. mobility scooter), testing/measuring instruments (such as blood glucose meter), and contact lenses have done particular well on the export market. In the future they should continue to fuel the growth of Taiwan's medical equipment/supplies industry. Overall, with state assistance and enthusiastic convergence of IT and communications companies, Taiwan's medical equipment/suppliers industry can look to a very promising future.
First-hand information maps a new future for the industry
MEDIPHAR TAIPEI 2008 offers several seminars, including the popular "DR. HEALTH TALKS" that will be held for the third consecutive year, the "Discover the Trends and Grasp the New Opportunities in Taiwan's Medical Tourism" seminar, as an activity of the Medical Service Area, will offer in-depth discussions on health-care tourism which has mushroomed over the past few years.
Also speaking at "Trends and Business Opportunities of Elderly Market in Japan" will be Mr. OUE Izumi, CEO of Japan Osaka ATC Ageless Center, who will discuss growing prospects (especially for Taiwan producers) on the Japan consumer market where senior citizens are rapidly swelling the population curve. For local and foreign buyers, businesses or consumers alike, people should find MEDIPHAR TAIPEI 2008 a very fascinating show where they can discover new products, new business, and new ideas.
Open a new chapter in medicine and health care by visiting MEDIPHAR TAIPEI 2008!
For more information, please check out www.mediphar.com.tw
TAITRA (Taiwan External Trade Development Council)
Press:
Mr. Cavan Pai, 02-27255200 ext. 2874
cavan@taitra.org.tw
