Market Scenario

Why Exhibitor Should Participate

FASTEST GROWING SECTOR

Bangladesh’s healthcare field is growing fast, making it one of the fastest-growing

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globally. They have both public and private healthcare services that have improved a lot recently. In big cities, private hospitals and clinics provide excellent care, attracting patients from Bangladesh and nearby countries. Bangladesh’s pharmaceutical industry is doing well, making a variety of affordable medicines for people at home and abroad. While healthcare access and facilities can be challenging, the sector is growing quickly, and it’s known for skilled professionals and reasonable prices on the global healthcare scene.

Over the past 20 years, Bangladesh has significantly improved its healthcare facilities. The count of private hospitals has grown four times, from 1,125 to 4,452. Clinics have tripled, going from 411 to 1,397. Dental clinics have impressively grown almost seven times, from 122 to 839. Moreover, diagnostic centers have expanded sixfold, from 1,778 to a remarkable 10,291.

TOTAL HEALTHCARE EXPENDITURE

According to Bangladesh National Health Accounts (BNHA), the total health

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expenditure (THE) in Bangladesh from all sources between 1997 and 2020 was estimated. In 2020, THE was Taka 777 billion, which accounted for 2.8% of the country’s Gross Domestic Product (GDP) based on data spanning from 1997 to 2020. In that same year, the government’s health spending amounted to Taka 179.74 billion, which represented 23% of the total health expenditure, or 0.66% of the GDP.

The current estimate for Bangladesh’s healthcare market stands at USD 10 billion, with expectations of it growing to USD 14 billion by the year 2023. This growth indicates a significant expansion in the country’s healthcare sector in the near future.

  1. Private sector is present in all service delivery levels and consists of traditional private pharmacies, private clinics, auxiliary services and private hospitals of all sizes
  2. Annually, approximately 700,000 Bangladeshis travel to India, Malaysia, Thailand, and Singapore seeking high-quality healthcare services, and they collectively spend about USD 19 billion for these services.
  3. Out-of-pocket expenditure makes up 74% of total health expenditure in Bangladesh – among the highest in the world, which is spent largely on medication and outpatient care
  4. Both public and private health facilities are mainly concentrated in Dhaka, Chittagong, Rajshahi, Khulna, Barisal, Sylhet, Mymensingh and Rangpur with limited availability in other areas. The total number of hospital beds, combining public and private, stands at 0.8 beds per 1,000 people in the country.
  5. Overall insurance penetration is 0.6%, which is one of the lowest among Asian countries

EQUIPMENT & DEVICES MARKET

According to Bangladesh Investment Development Authority (BIDA), the medical

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  • equipment and devices sector in Bangladesh currently hold a market size of USD 442 million. It is experiencing a Compound Annual Growth Rate (CAGR) of 13%, and it is projected to expand to USD 820 million by the year 2025.
  • Between fiscal years 2016 and 2019, Bangladesh’s medical sector saw remarkable annual growth of 14.6%, making it the fastest-growing sector globally during that period.
  • In Bangladesh, over 4,000 different types of medical devices and equipment are utilized, and approximately 5–7% of them are produced locally within the country.
  • Over the last five years, the import of medical equipment and devices in Bangladesh has seen a Compound Annual Growth Rate (CAGR) of 10.2%, indicating a substantial increase in the import of such healthcare products.

DEMAND DRIVES

Out of approximately 180 million people of Bangladesh by 2025, 30 to 40 million people

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  • Growing Purchasing Power:  will join middle-income class and another 30 million will reach emerging middle class
  • Higher Life Expectancy: As life expectancy increases, the senior population is projected to increase to 42 million by 2050 from 13 million in 2019
  • Changing Disease Profile: Disease pattern is rapidly shifting to non-communicable diseases such as cancer, diabetes, heart disease etc., which requires long term treatment and medications
  • Increasing Acceptability of Telemedicine: Over 50 startups are involved in telemedicine, e-pharmacy and online doctor directory & appointment etc. The COVID-19 pandemic has also propelled the wider use of digital healthcare services.
  • Health Insurance: Growth potential for health insurance industry as government plans to increase universal healthcare coverage by 2032

What Exhibitors Can Expect

Market Leader

As the pioneering exhibition organizer in the field of diagnostic medical equipment, Eco Expo has consistently set the industry standard for excellence and innovation. With a rich history of organizing successful events, we have earned our reputation as a market leader. We take pride in our role as a driving force behind industry growth, having organized over 70 online exhibitions in collaboration with industry leaders in China and India during the challenging COVID-19 period. This commitment to curating exceptional exhibitions, fostering industry connections, and facilitating cutting-edge advancements has positioned us as the go-to platform for healthcare professionals, businesses, and thought leaders worldwide. We are dedicated to maintaining our position as the foremost authority in bringing groundbreaking medical innovations to the global stage.

Valuable Network

Participating in the “Dhaka International Diagnostic Medical Equipment Expo – 2024” offers exhibitors a unique opportunity to establish and expand their valuable network. With a diverse and engaged audience of healthcare professionals, researchers, decision-makers, and entrepreneurs in attendance, exhibitors can easily connect with their potential customers. Our expo acts as a dynamic marketplace where exhibitors can showcase their products and solutions directly to those seeking the latest advancements in diagnostic medical equipment. Whether you are looking to build new partnerships, secure business deals, or gain market insights, our event is the platform to unlock limitless possibilities and find your ideal customers within the thriving healthcare sector.

Why Visitor Should Participate

PRODUCT SECTOR

1. Medical and Diagnostic Equipment & Devices
2. Disposables Items
3. Imaging and Diagnostic
4. Orthopedics and Physiotherapy
5. Healthcare and General Assistance
6. Digital Medical technology
7. Vaccine and Prevention
8. Robotic Technology
9. Medical Infrastructure
10. Healthcare Transformation

PRODUCT LIST

STAY TUNED

Stay Tuned for Exciting Updates!

We’re thrilled to bring you the Dhaka International Diagnostic Medical Equipment Expo – 2024, where innovation meets healthcare excellence. Our team is hard at work preparing an exceptional event for you. We promise to keep you informed and engaged throughout the journey.


Stay tuned for the latest news, event highlights, and exclusive announcements. Join us on this exciting healthcare adventure as we showcase cutting-edge diagnostic and medical equipment, connect with experts, and explore the future of healthcare.


Don’t miss out! Keep an eye on this space for all the latest updates and mark your calendars for a remarkable experience in Dhaka in 2024.”

Where & When

“Dhaka International Diagnostic and Medical Equipment Expo-2024” will be held on 19th, 20th, and 21st December, 2024, at the Bangabandhu International Conference Center (BICC) in Dhaka, also known as the China Friendship Conference Center.
Address: Agargaon, Sher-e-Bangla Nagar, Begum Rokeya Sarani, Dhaka-1207. The event venue is located right next to our National Parliament House.

Exhibition Schedule

19th December 2024, Thursday, 10:00 AM – 07:00 PM
20th December 2024, Friday, 10:00 AM – 07:00 PM
21st December 2024, Saturday, 10:00 AM – 06:30 PM

How to Go

By Car

You can easily reach the “Dhaka International Diagnostic and Medical Equipment Expo-2024” event at the Bangabandhu International Conference Center (BICC), also known as the China Friendship Conference Center, from any location or entrance in Dhaka by taking a private car, taxi, CNG auto-rickshaw, or any ride-sharing app such as Uber or Pathao. Just search for “Agargaon China Friendship Conference Center” on Google Maps, and you will be able to find your way to the event.

By Bus

If you take a bus heading to Mirpur from any place or entrance of Dhaka, it will take you directly to the China Friendship Conference Center (BICC) in Agargaon. Alternatively, if you arrive at the Agargaon Bus Stand, it will be just a 1/2-minute walk to reach the China Friendship Conference Center.

By Train

If you arrive to Dhaka Air Port Rail Way Station or Kamalapur Rail Way Station then if you take a bus heading to Mirpur from any place or entrance of Dhaka, it will take you directly to the China Friendship Conference Center (BICC) in Agargaon. Alternatively, if you arrive at the Agargaon Bus Stand, it will be just a 1/2-minute walk to reach the China Friendship Conference Center.

Metro Rail

You need to board the metro rail from any metro station to reach Bijoy Sarani Station. Make sure that you take the “C” gate to exit. From there, it’s just a 2/3-minute walk to the China Friendship Conference Center (BICC), where the “Dhaka International Diagnostic and Medical Equipment Expo-2024” will take place.

Launch

If you arrive in Dhaka by launch, you can come to Sadarghat and take a private car or bus according to your preference.

Our Strength

Organiser
Eco Expo
Co Organiser
Shanghai Aweek Exhibition Co. Ltd
Co Organiser
Hong-Kong Toosen Exhibition Co. Ltd
Approved By
Ministry of Commerce
Association Partner
Bangladesh Private Hospital Clinic Diagnostic Owners Association (BPHCDOA)
Association Partner
Bangladesh Medical Equipment Importers and Suppliers Association
Association Partner
Association of Diagnostics Manufacturers of India
Association Partner
Association of Indian Medical Device Industry