Medlab Asia and Asia Health 2024 is set to welcome healthcare leaders and professionals to a melting pot of the latest products, technology, and innovations in medical laboratories and medical devices. Held in Thailand, the event is set to take place at the Queen Sirikit National Convention Center from July 10 to 12 and will also host one of the largest international medical conferences in Asia.
Medlab Asia and Asia Health provide a platform for entrepreneurs to forge business networks and seize opportunities amidst the challenges of the medical sector in Thailand and the broader Asian region. Additionally, the event will serve as a knowledge hub for medical professionals. With an expected attendance of over 10,000 visitors, the event aims to achieve a trade value of no less than 1,640 million baht. The exhibition will take place from, a new venue in the city's heart.
Kanyarat Kuysuwan, Deputy Director of Bureau of Medical Hub Industry Promotions at Department of Health Service Support, stated: “Prime Minister Settha Thavisin has unveiled the Thailand Vision, which aims to transform Thailand into a world-class industrial hub. This ambitious goal requires the collective efforts of executives and entrepreneurs to elevate Thai industries to the global stage. Among the sectors with the highest potential to attract investors and tourists from within and outside the country is Thailand's medical and healthcare industry. Our nation is well-equipped with advanced technology, skilled medical personnel, and high service standards at competitive prices. This progress can be leveraged to further establish Thailand as a Medical hub of medical and healthcare.”
Kuysuwan added: “However, to fully unlock the potential of the medical and health industry, entrepreneurs must continuously pursue development and stay abreast of modern academic knowledge and innovation. This is essential to enhance the competitiveness of the medical and healthcare sector in response to evolving trends and challenges within Thailand's health system. Therefore, Medlab Asia and Asia Health 2024 are a crucial platform for driving and elevating the medical industry to a higher level of value, encouraging entrepreneurs and medical professionals to advance their capabilities in the health business without restrictions. Additionally, it supports the vision of positioning Thailand as an international health hub.”
Rungphech Chitanuwat, Regional Portfolio Director - ASEAN, Informa Markets, organiser of Medlab Asia and Asia Health, stated: “In 2023, Medlab Asia and Asia Health achieved remarkable success, generating a trading value of US$37.5 million, or approximately 1,312.5 million baht, for medical laboratory and medical device. This represents a 5.93 per cent increase from the previous year. According to a McKinsey research report, the ASEAN region is anticipated to see investments in healthcare technology reach up to USD 100 billion by 2025, driven by factors such as an ageing population, the rise of non-communicable diseases (NCDs), and an increasing demand for healthcare access.”
With ongoing government support and private investment, ASEAN's medical device and laboratory market is poised for sustainable growth, positively impacting the health and well-being of millions of people, according to Chitanuwat, that the advancements in medical devices, diagnostic technologies, and digital health platforms have expanded medical services across all sectors.
“Medlab Asia and Asia Health stand out as the leading platform for the medical laboratory and device industry in ASEAN, offering unparalleled opportunities for entrepreneurs, industry experts, and healthcare professionals to create networking, connect businesses, share knowledge, and stay updated on the latest medical advancements. This year, the event will feature over 350 exhibitors from 28 countries and is expected to draw more than 10,000 visitors, with a target trade value of at least 1,640 million baht.”
This year’s edition of Medlab Asia and Asia Health will be held in conjunction with CPHI South East Asia 2024, covering the medical laboratory, device, and pharmaceutical industries to drive the healthcare market comprehensively. All three events are organised under the theme ‘International Healthcare Week’, focusing on enhancing system development and comprehensive healthcare, with the primary goal of improving public health access and integrating innovative technology into the public health system for better population health and economic stability, according to Chitanuwat.
Bernice Jenvdhanaken, Business Development Manager at the Polish Investment and Trade Agency, emphasised Poland’s strong presence at the event. “Poland is a major European producer of medical devices and equipment, holding approximately 15 per cent of the market share, with over 60% of its revenue from exports. Our key trading partners include Germany, Denmark, the US, the UK, and France. We are now looking to expand into Asian markets, seeking business opportunities at Medlab Asia and Asia Health 2024.”
This year’s exhibition will feature various medical innovations, including advanced diagnostic tools, new disease testing kits, AI-integrated medical devices, and more. It covers medical laboratory tools, diagnostic kits, equipment, consumables, medical services, and cutting-edge technologies for medical imaging, sterilisation, emergency medicine, rehabilitation, and medical IT systems. A new zone dedicated to digital health and AI will also be introduced.
A key highlight of the event is the medical conference designed to enhance the careers and knowledge of healthcare professionals. The conference will feature leading speakers covering topics such as Laboratory Management, Molecular Diagnostics, Clinical Microbiology, Anatomic Pathology, Clinical Chemistry, Haematology, Digital Health, Future Health, Hospital Management, Patient Safety, Total Radiology, and Sterilisation and Decontamination. Attendees will earn CME, CMTE, CPD, and CNEU credits.
Business seminars will also be held, focusing on medical device reimbursement, national health funds, and doing business in Asia, offering insights into medical device business opportunities in Thailand and Asia. The three-day conference is expected to attract over 4,000 attendees.
Visit the official website to register and learn more: Medlab Asia and Asia Health
