According to BMI Research, the global market for medical devices was valued at US$454.3 billion in 2021, a 6.3% increase from 2020, and is expected to reach US$535.2 billion by 2024, with a CAGR of approximately 5.6% from 2021 to 2024.
The healthcare industry is witnessing a shift towards preventive healthcare, and this change is resulting in increased investment in smart technology for precision medicine. This presents significant business opportunities for the healthcare sector.
Medical Taiwan, organized by Taiwan External Trade Development Council (TAITRA), is the one and only B2B trade show for the medical and healthcare industry in Taiwan. The show offers a comprehensive range of medical solutions, including professional medical devices, smart healthcare, high-tech applications, medical raw materials, industrial manufacturing, and medical services, aiming to provide a more people-oriented approach to healthcare with a focus on prevention rather than solely treating disease.
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Medical Taiwan: Where Business Matching and Healthcare Advancements Meet
TAITRA links professionals with Taiwan's business community via over 60 global offices. Medical Taiwan fosters cooperation and exchange in the medical industry, targeting emerging markets with demographic dividends. It provides global professionals a chance to do business in Taiwan.
Medical Taiwan 2022 attracted more than 6,000 visitors, an increase of 13% over the previous year, showing the huge development potential of the healthcare industry. The high-level managers with decision-making power accounted for the largest portion of visitors. They mainly came for the purpose of purchasing and understanding of the market trends, once again showing how Medical Taiwan could be an iconic place for business matching and exchanges.
Medical Taiwan will take place from June 8 to June 10 at Taipei Nangang Exhibition Center, Hall 2 (TaiNEX2). With a comprehensive showcase of innovative medical devices, cutting-edge technologies, and eco-friendly solutions, Medical Taiwan is the perfect platform to explore new business opportunities and to network with industry experts. Don't miss out on this opportunity to discover the future of healthcare. Register today and visit the official website at for more information (www.medicaltaiwan.com.tw).
TAITRA is a non-profit organization established by the Taiwanese government in 1970. Its objective is to promote Taiwan's foreign trade and facilitate business collaborations. TAITRA operates through a network of 5 local offices as well as over 60 offices worldwide, providing trade promotion, market research, education, and matchmaking services. TAITRA plays a crucial role in enhancing Taiwan's global trade presence and promoting economic development.