News releaseMeet the Baltmedics at Baltmedica 2009
Interesting growth markets in the EU medical scene
Vilnius, Lithuania; 7 August 2009.
From 17 – 19 September, the Lithuanian exhibition centre Litexpo in Vilnius is the scene for the Baltmedica 2009 exhibition. Baltmedica is the largest exhibition for Medical Equipment and Pharmaceuticals in the Baltic states (Lithuania, Estonia and Latvia), more than 7000 professionals in the sector are expected to visit.
The ‘Baltmedic’ markets
The European Union (EU) is the second largest market for both pharmaceuticals, as well as for medical devices and disposables worldwide. The role of Lithuania and the other Baltic states is still a limited one. Nevertheless all Baltic states showed very high growth rates in the years before the global downturn.
Growth in general economic rates were high, but certainly those in the medical sector as well. In fact the rates in Latvia, Estonia and Lithuania have been the largest in the EU for medical devices. This market growth also resulted in a huge growth of import figures. Between 2002 and 2007 the import of medical devices and disposables rose by 39% for Lithuania and even 43% for Latvia.
The Pharmaceutical markets give further impressive growth rates as far as the Baltic states are concerned. Between 2003 and 2007 Lithuania saw an annual average growth of 12% in value.
The Baltic states seem also to profit from growing trends of outsourcing production and research to Eastern Europe. Relatively cheap, but well skilled and equipped labour is a reason for this, as well as the good education level, i.e. where it comes to the medical fields of expertise.
Main themes
At Baltmedica, all equipment and products used in hospitals, laboratories, dentistry, rehabilitation centers etc. will be exhibited. Many pharmaceutical companies show what they have on offer. Further visitors are informed about all aspects of a healthy lifestyle. During the exhibition events for both the general public as well as for specialists are hosted.
Meet the BaltmedicsThere is still limited space and time (until 31 August 2009) for exhibitors deciding late to exhibit at this exhibition. Those interested can use the below contact details. Potential visitors can do the same for more information on the exhibition as well as travel advice.
C
ontact:
For the Benelux, United Kingdom, Turkey, India, South Africa, Mexico and Colombia, please contact Euracon, Mr. Jan Nyeboer, Tel. +31 10 714 26 33; fax +31 10 4510549; E-mail;
info@euracon.net.
For all other countries contact please contact: Litexpo; Ms. Jolita Bareikiene, Tel. phone (+370-5) 268 68 20, Fax (+370-5) 268 68 26, 268 68 75,
jolita@litexpo.ltSource for the market information: http://www.cbi.eu/marketinfo/cbi/