The First Edition Of India Health Exhibition Begins, Showcasing Modern Technologies & Trends

India is the fourth largest market in the world for medical devices, with rapid growth in telemedicine and AI applications, which is expected to drive significant growth in the sector in the coming times. 

Jun 14, 2024 - 15:08
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The First Edition Of India Health Exhibition Begins, Showcasing Modern Technologies & Trends
India Health Exhibition

The first edition of the 'India Health' Expo organized by India's leading exhibition organizer Informa Markets in India started at the modern Yashobhumi in Dwarka, New Delhi. The platform brings together all stakeholders from the industry including biomedical engineers, pathologists, radiologists, hospital consultants, medical device distributors, physicians, procurement managers, R&D professionals and other regulatory representatives.

Inspired by the Arab Health Exhibition, India Health aims to provide a world-class platform for the modernization of healthcare and foster an environment conducive to learning, networking.

The inauguration of the event was attended by dignitaries such as Mr. Istvan Szabo, Ambassador of Hungary, New Delhi; His Excellency Mr. Jagannath Sami, High Commissioner of the Republic of Fiji; Dr. Girdhar Gyani, Director General, Association of Healthcare Providers India; Mr. Siddhartha Bhattacharya, Secretary General, Healthcare Federation of India – NetHealth; Mr. Abhinav Thakur, MD, Accurex Biomedical (ADMI Representative); Dr. Rajiv Chibber – Vice President, External Affairs, Sahajanand Medical Technologies Ltd. & Joint Coordinator, Government & Public Affairs, AIMED; Mr. Peter Hall; President, Middle East, India, Turkey & Africa, Informa Markets; Wouter Volman, Chief Commercial Officer, Middle East, India, Turkey & Africa, Informa Markets; Mr. Yogesh Mudras, Managing Director, Informa Markets in India; Mr. Rahul Deshpande, Senior Group Director, Informa Markets in India were present.

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Speaking on the launch of India Health, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “Healthcare has emerged as one of the largest sectors in India, growing rapidly due to investments from the public and private sectors, increasing coverage and better services. India is the fourth largest market in the world for medical devices, with rapid growth in telemedicine and AI applications, which is expected to drive significant growth in the sector in the coming times. 

Shri Abhinav Thakur, MD, Accurex Biomedical and former Secretary, Association of Diagnostic Manufacturers of India (ADMI) said, “The in vitro diagnostics industry is a global market of $80 billion, with India contributing $1.5 billion, making us the fourth largest in Asia after Japan, China and South Korea. Notably, we are the fastest growing market globally, growing at 15-20% year-on-year. 

Innovations such as Health ATMs, which enable testing anywhere, anytime without a laboratory visit, are game-changers, especially for rural India, where 60% of the population lives. Such advancements ensure equitable access to diagnostics, which is a critical step towards predictive healthcare and disease prevention. 

Emphasizing on the growth of the healthcare sector, Mr. Siddhartha Bhattacharya, General Secretary, Healthcare Federation of India said, “Currently, the healthcare landscape in India is going through a significant transformation.