Medical & Healthcare Sector
The global medical and health sector is unarguably one of the top 5 biggest sectors in the world. It is a large industry with a wide range of sectors including healthcare services, pharmaceutical companies, medical device companies, public health organizations, research institutions, medical IT, and regulatory bodies. The biggest sectors in the medical and health industry are the medical services sector, pharmaceuticals, and more recently digital health sector.
The global health and medical sector plays a central role in addressing public health issues, medical research, innovating and providing healthcare services, producing medications and treatments, and promoting overall well-being worldwide. It deals with various aspects such as primary care, specialty care, preventive medicine, diagnostics, therapeutics, health technologies, and health policy.
Medical and Healthcare Industry Report
The Medical and Health Industry has experienced significant growth over the past few years driven by various factors such as medical technology, rising chronic diseases, and the growing demand for better and more accessible healthcare worldwide.
The global medical and health market was valued at $800 trillion in 2019 and is projected to reach more than $11 trillion by 2023. According to Eurostat, Germany stood number one for the highest expenditure on healthcare while France stood second. The highest expenditure in the EU was made in the medical services sector and the second largest sector was medical goods in 2020.
What Trade Events Can you Attend in the Medical and Health Industry?
The medical and health industry is among the biggest and most influential industries in the world. It consists of a wide range of sectors that act as building blocks of the industry. Numerous trade shows in the medical sector take place around the world for the growth and advancement of the sector. Here are the most important global medical and health exhibitions one can attend:
Medica Dusseldorf Fuarı: It is one of the most well-organized exhibitions in the medical and health sector. It provides a rare chance to medical professionals to gather and share their experiences. Technical advancement in the field and future challenges are some of the most important themes of the show.
Arab Health Dubai Fuarı: A well-known and advanced medical exhibition specializing in medical laboratory equipment. The trade event showcases the most advanced and latest technologies in medical lab equipment. It is held at the Dubai Trade Center attracting the entire global medical community.
Medlab Dubai Fuarı: A well-known and advanced medical exhibition specializing in medical laboratory equipment. The trade event showcases the most advanced and latest technologies in medical lab equipment. It is held at the Dubai Trade Center attracting the entire global medical community. anında sağlık ve medikal ekipmanları, ilaç hammaddeleri, analitik cihazlar, laboratuvar malzemeleri de sergilenmektedir.
Medica Dusseldorf: This exhibition is a global forum where the world’s leading medical professionals come together and exchange ideas. Innovations in various medical industries such as lab and diagnostics, physio tech, and digital health can be seen at this event. The event is known as one of the biggest medical trade events in the world with more than 50 nations participating every year.
FIME Miami Fuarı: A diverse and popular trade event in the medical and health world. Medical professionals from all around the world look forward to this event because it brings the most advanced medical technology, valuable networking opportunities, conferences, and training sessions. The last exhibition made a revenue of over $115 million with exhibitors from 100+ countries.
Duphat Dubai: A prominent trade exhibition in the medical sector dedicated to the pharmaceutical industry. The event covers the entire value chain of the pharmaceutical industry from the raw materials to distributors and pharmacy networks. More than 1000 companies showcase their products at the event and introduce new medical technologies.
Medic East Africa: A significant trade show for the healthcare industry, MedicEast Africa connects key decision-makers with global equipment manufacturers, service providers, dealers, and distributors. It is held in Nairobi, Africa providing an ideal opportunity for healthcare professionals to connect with the global healthcare community.
Which Sectors can Participate in Medical and Health Trade Exhibitions?
The Medical and Health industry encompasses a huge range of sectors that contribute to its growth and innovation. Numerous trade exhibitions are held in the medical and health industry where these sectors come together and represent the industry. Sectors that can participate in the medical and health trade exhibitions include healthcare services, pharmaceutical companies, medical devices and technology, biotechnology, health insurance, medical IT, healthcare consulting, medical research, public health, alternative medicine, etc.
