Success Stories
25
2024
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06
【TECNOSALUD】New Opportunities in South American Healthcare: The 2024 Peru Medical Exhibition Awaits You!
The 18th TECNOSALUD, Peru’s only international medical trade fair, is scheduled to take place in Lima on October 16, 2024. The event is expected to draw more than 19,000 healthcare professionals, with over 350 leading medical device manufacturers and industry suppliers from around the world participating.
Author:
Peru International Medical Exhibition
Peru - Lima
October 16–18, 2024
“Previous exhibition data”
Data from the previous exhibition
The 2023 Peru Medical Exhibition featured a total of 280 exhibitors, with local Peruvian medical device companies accounting for approximately 85% of the total. Foreign exhibitors numbered around 42, primarily from China (about 20), as well as Colombia, Mexico, the United States, Chile, Argentina, and South Korea. The exhibition spanned 7,000 square meters, and the three-day event drew more than 6,000 visitors, primarily from Peru, with a smaller contingent from Ecuador, Bolivia, and Colombia.
“Exhibit Category Overview”
Overview of Exhibition Category
“Market Overview and Analysis”
Market Overview Analysis
Market Growth and Potential
▪ The Peruvian medical device market is the fastest-growing in Latin America, with import growth rates exceeding 10% for three consecutive years.
▪ The implementation of universal health insurance has laid the groundwork for the country’s healthcare sector to expand its imports of medical devices.
Geographical Advantages and Market Reach
▪ Peru is located in central South America and, leveraging its geographical advantages, Its market influence has extended throughout Latin America.
▪ The Peruvian Medical Exhibition annually welcomes a large number of business visitors from across Latin America for networking and procurement.
Current State of the Healthcare Market
▪ Peru is the eighth most populous country in the Americas. , with a population of 32.51 million and an average life expectancy of 73.7 years.
▪ Peru’s annual health expenditure accounts for 5.5% of GDP, The government’s healthcare budget increased by 16% in 2023, reaching approximately US$5 million, underscoring that healthcare remains one of the government’s top priorities.
Peru’s Choice: Chinese Healthcare
▪ China is one of Peru’s largest exporters of healthcare products and services, with an 18.1% market share.
▪ An increasing number of local buyers believe that Chinese products offer higher quality and greater reliability.
“Booth reservation in progress”
Booth reservation in progress
2024 Peru International Medical Exhibition
Peru - Lima
October 16–18, 2024
Premium booth confirmation in progress~
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