Skyrocketing growth tipped for China Medical industry over next 5 years
Medtec China will grasp the industry's trends and launch several new exhibiting zones including dental, medical 3D printing, orthopedic R&D and manufacturing and comprehensive medical services
According to a forecast from CIConsulting, the revenue of China's medical equipment and manufacturing industry will reach CNY327.4 billion in 2019, the average annual compound growth rate over the next five years will be about 8.15%, and the market will reach CNY447.9 billion in 2023. To bring more business opportunities and build a more efficient B2B trading platform for the increasing needs of both medical suppliers and manufacturers, Medtec China will be held in two halls for the first time 14-16 September 2020 at Shanghai World Expo Exhibition and Convention Center.
This year, Medtec China will grasp the industry's trends and launch several new exhibiting zones including dental, medical 3D printing, orthopedic R&D and manufacturing and comprehensive medical services in the newly launched Hall 4.
BMF, the world leading ultra-precision micro-nano 3D printing technology supplier, will exhibit again at Medtec China 2020. Toradex (China) Ltd. and The Qt Company Ltd. are two new companies that will debut in the Comprehensive Medical Services zone. Mr. Wenting LI, General Manager of Shanghai JC Biomedical Technology Co.,Ltd. whose business encompasses CRO, CDMO and CSO services spoke highly of Medtec China 2019: "We are very happy with the quantity and quality of visitors to our booth; so far we have already got more than 60 potential customers, which is wonderful."
Medical manufacturing automation; materials, components and processing equipment; contract manufacturing services; mold technology and processing equipment areas have been the highlights of Medtec China. Industry leading companies such as Mikron, LeeDon, Maider, Clariant and DSM have been participating in Medtec China for many years. NISSEI PLASTIC (TAICANG) CO.,LTD. and Teamtechnik Production Technology (Suzhou) Ltd. are going to return to the exhibiting this year for the great satisfaction with the show results. Suzhou Harmotronics Automation Co.,Ltd will show up as first-time exhibitor at Medtec China 2020.
IVD is a popular exhibiting zone at Medtec China. Based on the statistics of our visitor survey, there are numerous companies such as Autobio, Shimadzu, Improve Medical, Alere(Shanghai), Igenesis Limited, KHB, Novos and GE who have visited Medtec China looking for relevant products.