India Health Exhibition 2024: A Confluence of Healthcare Innovation

The India Health Exhibition, a premier event for healthcare companies, is set to take place in Dwarka, Delhi in June 2024. This exhibition serves as a vital platform for healthcare firms to engage with a diverse audience, explore potential business ventures, and enhance their presence in India’s burgeoning healthcare sector.

The Potential of India’s Medical Devices Market

The medical devices market in India is poised for significant growth, with the potential to expand to approximately four times its current size by FY 2030. This growth is fueled by increasing healthcare needs and the government’s commitment to facilitating this expansion.

Growth Drivers in the Indian Healthcare Sector

Several factors are driving the growth of the healthcare sector in India:

• Growing Population: As the world’s most populous nation, the demand for medical devices in India is greater than ever before.
• Increasing Life Expectancy: Life expectancy in India is projected to rise from the current 67.5 years to 70 years by 2025.
• Shifting Disease Burden: Non-Communicable Diseases (NCDs) account for 50% of the disease burden and 60% of all deaths in India.
• Changing Preferences: There is a growing awareness of health issues, a changing attitude towards preventive healthcare, and an increasing onset of lifestyle diseases.
• Growing Middle Class: Approximately 73 million households will move into the middle-class category in India over the next 10 years, thereby enhancing their purchasing power, including with respect to Medical Devices.
• Increasing Disposable Income: 8% of Indians will earn more than $12,000 per annum by 2026.
• Health Insurance: Approximately 20% of Indians have health insurance cover. This number is expected to increase with rising incomes and growing urbanization.
• Rise in Medical Tourism: Expected to grow to $13 billion by 2026, the medical tourism sector is set to accelerate demand for high-end technological devices, medical equipment, and appliances.
• Infrastructural Development: Four Medical Devices Parks are coming up in Himachal Pradesh, Tamil Nadu, Madhya Pradesh, and Uttar Pradesh.

Participate Virtually

For those who cannot participate physically in the exhibition, there is an opportunity to advertise in our medical directory. This provides an alternative way to connect with potential customers and stakeholders.

For inquiries regarding directory advertisements and event details, please feel free to reach out to us. We’re here to assist you. Please contact R K Singh at rksurgical.plus@gmail.com

Join us at the India Health Exhibition 2024 to explore the future of healthcare in India.