PhilMedical Expo 2024, an international medical equipment exhibition, concluded successfully on August 14-16, 2024 at the SMX Convention Center in Manila. As a global medical industry event, this exhibition attracted many medical equipment manufacturers, suppliers, buyers and industry experts to gather together.
Perlove Medical brought its high-end product lines to this industry event, and carried out in-depth exchanges and cooperation with medical colleagues from all over the world, and jointly discussed the new opportunities and challenges of the medical industry.
International Emerging Markets Unleashing Great Potential
As an important member of the international emerging market, the Philippines has a large population base of approximately 117 million people, and its medical market is expanding rapidly along with the population growth. According to statistics, the demand for medical machinery in the Philippines is growing at a steady rate of about 5% per year, with the number of public and private hospitals in the country reaching 662 and 1,061 respectively. On the supply side, local production of medical machinery only accounts for about 2% of the total demand, and almost all of them rely on imports. Thanks to the establishment of the China-Philippines Free Trade Area, the economic and trade relations between the two countries are getting closer and closer, providing preferential policies such as tariff reductions and exemptions for China's exports of medical equipment, with strong complementarities in bilateral trade and great potential for development.
Since 2010, Perlove Medical has been deeply cultivating the Philippine market, and in the past fourteen years, it has helped the development of local medical institutions with its high-quality imaging equipment, witnessing the vigorous vitality of this market.
International friendly communication and global health escort
During the exhibition, through in-depth exchanges and discussions, Perlove Medical not only learned more about the differentiated needs of the international market, but also provided valuable first-hand information for the subsequent product optimization and market layout. Perlove believes that cultural integration and trade exchange is an important bridge to promote international cooperation and the key to realize win-win development.
In the future, Perlove Medical will continue to plough into the international market, and with a more open mind and innovative attitude, escort the life and health of human beings all over the world, and write a new chapter of medical and healthcare career together!
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