This year’s MEDICARE TAIWAN and SenCARE exhibitions will be held in Taiwan at the Taipei World Trade Center Exhibition Hall 1 (TWTC).
Taking place from 21 June to 24 June, they are two of the biggest medical and healthcare shows in Taiwan.
Opportunities in Taiwan
According to the Ministry of the Interior (MOI) population data, the ageing index reached 101.72 in May 2017, and 13.49% of Taiwan’s population was elderly. In addition, it is expected that Taiwan will become an ‘aged society’ in the upcoming year.
Industrial Economics and Knowledge (IEK) indicated that along with the growth of senior population, the demand for healthcare and medical treatments on chronic and infectious diseases will be increasing year by year. It will lead to an increase in the demand for Taiwan’s medical devices market such as orthopaedic, ophthalmological and assistive products.
Furthermore, increasing demand for self-pay medical treatments on aesthetic, dental and ophthalmological aspects enhance the import of high-end medical devices and drive of product development. Taiwan’s medical market is expected to grow stably.
Review of 2017 show
In 2017, the two shows hosted 410 exhibitors in 848 booths and attracted more than 6,000 domestic and overseas industrial traders from the Asia-Pacific (APAC) region, the US, China, Japan, South Korea, Thailand, Vietnam, Singapore, Malaysia, the Philippines and Indonesia.
For the first time, the Singapore Precision Engineering and Technology Association (SPETA) organised for the Singapore pavilion to take part in these exhibitions. They mentioned that Taiwan has an advantage in quality in terms of raw materials and the manufacturing of parts and components. Taiwan could cooperate with Singapore in forming a supply chain, secondary processing and the export of finished products.
Highlights of 2018 MEDICARE & SenCARE
With a mature information communication technology (ICT) and high-tech industries in Taiwan, many key industrial players are capable of taking part in medical and healthcare markets. In the year 2018, MEDICARE & SenCARE will build a Medical Technology & IoT Applications and Startup Park areas to showcase innovative technologies, solutions and Cloud services.
MEDICARE & SenCARE provide a business platform for doctors, nurses, medical equipment dealers, healthcare product distributors, and industry professionals to meet their needs. The shows also aim to draw 450 exhibitors and 7,000 professional visitors.