Worldex India announces Bangladesh Medical & Healthcare Virtual Expo-2021June 9, 2021
Worldex India, after its successful Sri Lanka Medical and Equipment Virtual Expo (SLMEVE) in March, has announced Bangladesh Medical & Healthcare Virtual Expo – Incorporating Business Matching Week. The event will be held during 12-15 July, 2021, on its Bee2Bee virtual Platform. This virtual expo is an initiative to bridge the gap between the demand and supply of quality medical and healthcare products in Bangladesh in the current and post pandemic era, Worldex said in a media statement.
Bangladesh’s medical device market was estimated in 2020 at $2.3 billion and is highly import-oriented. More than 85% of the medical supplies in this market are imported from the US, India, China, South Korea and the European countries. Also, in the last financial budget, the healthcare sector was given the highest priority in the current pandemic situation and (as compared to last fiscal year) and the Bangladeshi government announced 23.44% additional allocation and incentives in their budget for 2021-22. With the demand for quality healthcare in state and private healthcare sectors, Bangladesh’s medical devices and equipment market is expected to achieve one of the fastest growth rates in the world in the next 5 years.
According to Worldex India, Bangladesh Medical & Healthcare Virtual Expo will witness around 100 global suppliers from India, Sri Lanka, Bangladesh, Pakistan, China, Hong Kong, Japan, Singapore, Korea, Malaysia, Thailand, USA, Germany, and other European countries to showcase and promote quality and innovative products such as Medical Devices, Diagnostic Tools, Surgical Equipments, Medical Textiles & Disposables, Herbal & Healthcare products, Hospital Equipment & Furniture and more, interact with buyers through pre-fixed B2B meetings as well as on the virtual platform during the event days across the medical and healthcare industry of Bangladesh.
Similar to the Sri Lanka Medical & Equipment Virtual Expo, the Federation of Indian Chambers of Commerce & Industry (FICCI) shall be forming the India Pavilion for 30-50 Indian companies with the support of the Ministry of Commerce & Industry, Government of India at the Bangladesh Medical & Healthcare Virtual Expo and Business Matching Week.
The participation of international manufacturers and suppliers at this expo will give direct opportunity to discuss business cooperation with Bangladesh’s state and private hospitals, medical clinics, health centers, medical laboratories, state procurement agencies, importers, distributors, agents, pharmacies, hotels & resorts, pharmacies, healthcare retailers, corporate business houses, traders and wholesalers, and others.
“We are happy to launch Bangladesh Medical and Healthcare Virtual Expo after successfully organising Sri Lanka Medical and Equipment Virtual Expo in March 2021 that was attended online by 2000+ industry representatives on our Bee2Bee platform. Also, we arranged 307 B2B meetings through the Zoom Meeting App during the event. As Bangladesh is a big market with immense opportunities to explore for trade and investment, we believe our virtual expo and matchmaking activity would be bigger and more successful than our Sri Lanka event,” said Rajesh Bhagat, Managing Director, Worldex India.
Bangladesh Medical & Healthcare Virtual Expo and Business Matching Week is supported by The Chittagong Chamber of Commerce & Industry, Dutch Bangla Chamber of Commerce & Industry, Bangladesh, and India-Bangladesh Chamber of Commerce & Industry, said the organiser— Worldex India Exhibition & Promotion Pvt. Ltd.