MALAYSIA’S POTENTIAL AS REGIONAL MEDICAL DEVICES HUB BOOSTED BY LATEST ETP PROJECT INITIATIVES

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Press Release by ASIA+ Mediacal 2011, a Healthcare event organized by Malaysian Exhibition Services Sdn Bhd (MES)
 
MALAYSIA’S POTENTIAL AS REGIONAL MEDICAL DEVICES HUB
BOOSTED BY LATEST ETP PROJECT INITIATIVES

 

The potential for Malaysia to position itself as a developer, manufacturer and supplier of medical devices, and become a hub for the Asia growth region, has received a boost with the announcement of the latest project initiatives under the Economic Transformation Programme.
Under the healthcare segment of the National Key Economic Areas (NKEAs), new plans announced include the construction of a 160-acre UCSI Group integrated health education cluster in Port Dickson featuring Malaysia’s first private teaching hospital and two Sime Darby specialist hospitals in Kuala Lumpur.
Malaysia already has a significant medical devices industry, mainly in catheters, surgical gloves and medical instrumentation, supplying 80 per cent of the global market in catheters and 60 per cent of the rubber glove market. Valued at RM2.7 billion last year, Malaysia’s medical devices industry is estimated to increase to RM2.9 billion in 2011 and RM5 billion by 2012.
This rapidly expanding sector of the economy will be highlighted during Asia Medical 2011, the 1st Asia International Medical Supplies, Equipment and Technology exhibition and conference which will be held from October 5 – 7, 2011 at the Putra World Trade Centre, Kuala Lumpur.
At Asia Medical 2011, exhibitors from across the globe will display a full range of products and technology including dental equipment, diagnostics, electromedical devices, laboratory equipment, medical consumables, ophthalmic supplies, pharmaceutical supplies and medical furniture.
In addition to national pavilions from Singapore, Korea and Pakistan, companies who have confirmed their participation include Healthtronics, OSA Technology, Modiezham, Nouvag, Fuji Film, PLT Scientific, Tech Lab, Xspec, Smart Instruments, Elid Sales and Marketing, Luxfer Gas Cyclinders, LKL and WTK Technologies.
The estimated 7,000 over trade visitors will comprise all manner of healthcare professionals working in hospitals, surgeries, clinics, pharmacist outlets and OTC retailers in ASEAN. This includes more than 300 IT Directors and Managers from hospitals throughout the country.
To complement Asia Medical 2011, two conferences will be held. Frost & Sullivan will be organizing the “Breaking Grounds with New Medical Technology” conference while the Ministry of Health’s Informatics Centre (HIC) will be running the HIS Interoperability Summit. Both conferences will see experts of various fields gathering to discuss key issues that will affect the medical community in the coming years.
In conjunction with the Summit, a Health Informatics IT Village will provide a platform for IT vendors to display their latest solutions to the delegates to experience the topics and technologies discussed in real time.
Fully supported by the Ministry of Health, Malaysia, Asia Medical 2011 has also received industry endorsement from the Malaysian External Trade Development Corporation (MATRADE),.
Asia Medical 2011 is organized by Malaysian Exhibition Services Sdn Bhd (MES), a company incorporated in 1980 and is the largest exhibition organizer in Malaysia. MES is affiliated to the Allworld Exhibitions Alliance of exhibition organizers, managers and consultants whose members have been organizing trade shows for over 30 years and currently organise over 150 trade exhibitions biennially.
 
For further enquiries, kindly contact 603 – 40410311 or log on to
www.asiamedical.org.