India MedTech Expo 2022 Devices, Diagnostics & Digital – paving the future of India’s MedTech sector 9th-11th December 2022, Pragati Maidan, New Delhi
Dear AiMeD Members
As you are aware, Department of Pharmaceuticals is organizing a large-scale National Level event “India Medtech Expo 2022” on Medical Devices sector from 9th to 11th December at Pragati Maidan, New Delhi, with the focus to showcase India’s journey and opportunities in the sector as Make in India success stories.
The potential for the Medical Device industry is the highest among all the sectors in the healthcare market and presently, various categories of devices starting from consumables to implantable medical devices are being manufactured in India. The Indian MedTech industry consists of both large multinationals as well as small and medium enterprises (SMEs), with the current market size of $11 bn & a CAGR of 15% over the last 3 years and represents a sunrise sector of the Indian economy. The industry is currently the 4th largest Asian medical devices market after Japan, China, and South Korea and among the top 20 global medical devices markets in the world. The Medical Device industry is about to begin the ascent of its growth, boosted by the departmental Production Linked Incentive Scheme for Medical Devices, along with the establishment of four “Medical Device Parks” across the country.
The event will create opportunities to network and explore collaborations both for the sector’s growth in India and its potential contribution globally, duly bringing together all the stakeholders such as PLI participants, start-ups, MSMEs, Innovative entrepreneurs, R&D facilities, Incubators, public and private hospitals, etc. It is planned to collaborate with related departments / organizations such as DBT, CISR, IITs, state governments and others. A separate section on ‘Evolving Technologies in MedTech Sector’ will be part of the event, which will give outputs on three pillars of ‘Knowledge, Experience and Networking’. It is expected that the event will create visibility of medical devices ecosystem in India and a brand identify for the Indian Medtech sector.
Major highlights of the event would be as follows:
Inauguration by Mr. Prime Minister of India
Exhibition showcase of Indian Exhibitors
Indian MSMEs Showcase
Thematic Conference Sessions
International Buyer- Seller Meet
Start-up Pitching Sessions
Open House with Regulators
A Reverse Buyer Seller Meet (RBSM) with delegations from CIS, AFRICA, and SAARC, will be organized during the event. More than 200 Hosted Buyers will be invited and planned B2B and B2G meetings will be conducted during the event to encourage foreign investment in new areas of Indian MedTech.
The flyer is attached for your reference and Participation Charges for Booth will be advised to you later as we are in the process of negotiation with FICCI for the discounted participation charges for AiMeD Members (as a Supporting Partner Association) and once it is finalized we will inform you. In the meantime kindly save the dates for now.