On May 21, 2022, MediHeroes attended Medical Fair India and joined FTR4H as one of the speakers at Jio World Convention Centre in Mumbai, India.
Joanne J. Lee, CEO of MediHeroes, had a startup pitch at FTR4H - Future for Health during Medical Fair India, Mumbai. In the pitch, Joanne talked about how MedTech companies can digitalize and innovate their way of business through the MediHeroes platform and share thoughts on what they need to prepare in the rapidly changing MedTech industry.
Thanks to Messe Düsseldorf, Medical Fair India, and The Gain in Bengaluru for supporting digital health startups to reach out to investors and the audience from India. Special thanks to SBA(Seoul Business Agency(서울산업진흥원) for funding our participation in FTR4H - Future for Health via Launch Pad India and KOTRA Mumbai for interviewing MediHeroes.
In this journey, MediHeroes also visited the Centre for Cellular and Molecular Platforms (C-CAMP), a member of the Bangalore Life Sciences Cluster in Bangalore, India.
Big thanks to Dr. Taslimarif Saiyed, Ph.D., the CEO & Director, Mohammad Atif Alam, Ph.D., Program Lead (Technology Platforms-Business Development & Projects), and Niranjan Joshi, Ph.D., Program Lead (Digital Health & Innovation Deployment) of C-CAMP for a warm welcome and a facility tour to Joanne J. Lee, CEO and Hanna Kang, GM from MediHeroes.
India is ranked #1 Global Innovation and is among the top 12 destinations for biotechnology globally and the 3rd largest biotechnology destination in the Asia Pacific region. In 2020, the Biotech industry reached a market size of $ 70.2 Bn, rising 12.3% from the previous year. The bioeconomy has observed almost a 95% increase in valuation over the period of five years, with the COVID-19 pandemic boosting it even further according to InvestIndia.
"There are also MedTech start-ups boosting up in India, supported by not only the Indian government but also the big pharma/medical giants presented in India. "
Considering the fact that the medical device market in India has the potential to increase at 37% CAGR and reach $50 bn by 2025, it is the best time for you to go to the Indian market with MediHeroes!