Thailand poised to be Asia’s Medical hub through the Medical Devices ASEAN 2018
Thailand, Asia’s medical hub
Mr. Loy Joon How,General Manager, IMPACT Exhibition Management Co., Ltd. (IMPACT), the organizer of Medical Devices ASEAN 2018, said that “Thailand has given the healthcare industry top priority, as seen in the government’s expenditure on healthcare. In 2015, the government spent 14% of its total budget on the healthcare industry, which accounted for 4.6% of Thailand’s GDP.This is considered to be the highest among ASEAN countries and the world’s seventh highest in healthcare expenditure. With the government’s support, a top-notch medical tourism destination and with the highest number of Joint Commission International (JCI) accredited hospitalsby among ASEAN countries, Thailand will certainly strengthen its position as themedical hub of Asia.”
“In 2018,healthcare expenditure in Thailand is expected to reach 617 billion baht with an average growth of 8% from 2014 to 2018. The medical devices industry in Thailand is expected to be worth 42 billion baht this year, a 12% rise from last year.In line with the growth of the industry, IMPACT is fully committed to creating the most comprehensive platform for medical and healthcare professionals. This edition features the theme Building the future of healthcare,”added Mr. Loy.
MDA Congress – academic conferences for medical and healthcare professionals
MDA 2018 is honored to feature a series of academic conferences comprising of valuable and up-to-date topics by the Royal College of Orthopaedic Surgeons of Thailand; the Radiological Society of Thailand; the Nurses’ Association of Thailand under the Royal Patronage of Her Royal Highness the Princess Mother; the Association of Medical Technologists of Thailand under the Patronage of Her Royal Highness Princess Soamsawali; and the Thai Medical Informatics Association. One of the focus areas is“Robotic technology for ageing care”;the conference and competition are organized by the Thai Association for Medical Instrumentation.
The latest medical and healthcare industry trends
In addition, Frost & Sullivan, a business consulting firm involved in market research and analysis, growth strategy consulting and corporate training across multiple industries, will be sharing their expertise on medical industry trends and predictions. Joint Commission International will provide details on the JCI accreditation standards, whilst the Thai Medical Device Technology Industry Association will explore”Challenges and opportunities in Thailand’s medical device industry”.
MDA Buyers Program
The MDA buyer program offers business matching opportunities, where exhibitors can connect with specially selected buyers, via pre-scheduled meetings.
The future of Thailand’s healthcare industry
As a prelude to the exhibition, the Medical Devices ASEAN 2018 Industry Forum on 14 February 2018, at Her Royal Highness Princess Bajrakitiyabha Ballroom, Chaloem Phra Kiat Phrabarami 50th Building, Bangkok, Thailand, is held as a platform for manufacturers, dealers and distributors involved in medical devices industry to network; to discuss the future of Thailand’s healthcare industry; and discover the perspectives of public and private sectors’medical professionals.
For more information, please visit www.medicaldevicesasean.com