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Global Healthcare News and Opportunities
September 2018
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The U.S. Commercial Service has a network of international trade experts in over 75 U.S. cities and 75 countries to help U.S. companies sell their products and services in global markets. Visit our website to find a healthcare market specialist near you.
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Country/Market Spotlight: United Kingdom
This month's "Spotlight" focuses on healthcare opportunities in the United Kingdom and includes a market overview and an upcoming trade event related to the United Kingdom.
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Country / Market Overview
The United
Kingdom’s large and sophisticated healthcare system has a constant need for
products and is very receptive to new and innovative technologies. It's divided
between the public healthcare system, the National Health Service (NHS) valued
at $165 billion. The
principal purchaser of medical products for the UK, the NHS, operates as four
separate segments: NHS Wales, NHS Scotland, HSC Northern Ireland, and NHS
England, and is financed through taxation. The private healthcare system
is mainly financed through private medical insurance. Its strength lies in the
provision of secondary and tertiary care; fields not typically available
through the NHS such as cosmetic surgery or where public health services are
limited such as elder or dental care.
As it can be challenging to sell
directly to the NHS from overseas, many U.S. exporters find it easier to form
partnerships with well-established local companies. This enables new entrants
to take advantage of their partner’s market expertise as well as their access
to buyers and other decision makers. Potential suppliers also have the
option of approaching private sector healthcare providers through their
procurement teams.
The U.S. is an important overseas
source of medical devices with an estimated 19% share of the market. It’s a
leading supplier of diagnostic, dental, orthopedic equipment, and high quality
wound care products to the UK. The Department of Health is currently
committing substantial resources in treating the following illnesses and
diseases: Cancer; Alzheimer’s; Mental Health; Parkinson’s; Diabetes; Rheumatoid
Arthritis; Obesity and Diabetes.
Registration Process
Most medical devices and medicines require a CE mark or marketing
license to be sold and marketed in the UK. It's
not currently known how the UK’s departure from the EU will impact the
regulation of pharmaceuticals or medical products. Industry has indicated an
interest in maintaining an alignment of UK and EU regulations.
For additional information
about the UK healthcare market, please see our market research reports here
and here.
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Spotlight Event in the United Kingdom
UK Healthcare Opportunities | Your Computer | November 28, 2018
Webinar
The UK is
the 3rd largest economy in Europe and 5th largest in the
world. Its publicly funded health system,
the National Health Service (NHS), serves 65 million people.
Healthcare segments such as medical devices, innovative digital health technologies developers, AI, and robotics would benefit from this webinar.
For more information contact Sonia.Hatfield@trade.gov (512- 516-9874) or Cheryl.Withers@trade.gov (+44 20 7891 3471).
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Signature Event
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Tecnosalud | Arequipa, Peru | September 13-15, 2018
Catalog Show
TECNOSALUD is the largest medical convention in Peru and the second largest in South America. Peru’s strong economic growth and pro-investment government fuels its healthcare sector. With universal health coverage expected by 2021 and the majority of U.S. medical devices/equipment and pharmaceuticals enjoying the current free trade agreement, our catalog show has the potential to give your company exposure to hundreds of exhibitors and thousands of qualified professionals from the health care sector.
Catalog Show:
- We exhibit your marketing literature at our booth.
- You will receive a report of local firms that expressed interest in your products for your follow up.
- Cost $450
- Registration deadline: September 10, 2018
To register and for more information contact: Gustavo.Romero@trade.gov or Taylor.Little@trade.gov
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Upcoming Events and Trade Missions
The following events, organized by geographic region, are supported by the U.S. Commercial Service.
Search our complete list of trade events here.
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Greater New York Dental Meeting | New York, NY | November 25-28, 2018
Trade Show
**Save the date!!**
Through the U.S. Commercial Service's network of offices in U.S. Embassies and Consulates worldwide, the U.S. Commercial Service will be recruiting pre-screened foreign buyer delegations to connect exhibiting U.S. companies with international buyers. International trade specialists from the Department of Commerce will be at the International Business Center onsite at the show to provide export counseling, matchmaking services, market analysis and more!
For more information, contact: Crystal.Mills@trade.gov or Selina.Milligan@trade.gov
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Medica | Dusseldorf, Germany | November 12-15, 2018
Trade Show
The CEO program is perfectly suited to provide your company with a
customized experience at the world’s largest medical fair and provide the
essentials to help you accomplish your goals onsite. Additionally, the space is
supported by the U.S. Commercial Service and has all the amenities of
a full-fledged office right on the show floor.
The Medica CEO Program includes a multi-lingual personal assistant/interpreter
assigned to each participating company; a meeting table/private room; a
receptionist; office services (computer, printer, copier, etc.); and an on-site
refreshment area. Additionally CEO Participants receive entry into the Medica
Exhibitor catalogue, year round promotion, and participation in our healthcare
team programs including B2B matchmaking, meetings with market specialists and
more.
"The CEO
program has definitely been helpful in expanding our international presence.
Through our meetings last year at Medica, we have booked over $250,000 in
sales." – Dr. Geoffrey Alms, Executive V.P. Sales &
Corporate Affairs, Medical Predictive Science Corporation
- For more information: click here
- Cost: $6,200 for table, $7,200
for a small room.
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Application deadline: First come first served (One
spot remaining)
For more information, please contact Anette.Salama@trade.gov or David.Edmiston@trade.gov.
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Cosmoprof Asia 2018 | Hong Kong, China | November 14-16, 2018
Trade Show
Cosmoprof Asia 2018 is the largest and most prestigious international beauty trade exhibition in the region. As a U.S. Department of Commerce Certified Trade Show, we offer export counseling services to both U.S. exhibitors and international buyers.
To register for U.S. Department of Commerce export counseling services contact: SweeKeng.Cheong@trade.gov or Tony.Michalski@trade.gov.
Tradewinds Indo-Pacific Forum and Mission 2019| New Delhi, India | May 6-13, 2019
Trade Mission
The Indo-Pacific region is one
of the fastest growth areas in the world and offers great opportunities
for U.S. firms. Join the U.S. Commercial Service and meet individually
with U.S. Economic Diplomats and key industry contacts to gain first-hand
market insight and solidify your Indo-Pacific business strategy during the
Trade Winds Forum and Mission in New Delhi, India. Customize an optional
business matchmaking schedule, based on input from our Commercial
Specialists throughout the region, and grow your international sales
through meetings with pre-screened potential buyers, agents, distributors
and joint-venture partners.
- Where: New Delhi, India
- Dates: May 6-13, 2018
For more information: www.export.gov/tradewinds
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International Trade Leads
Our international healthcare experts located in more than 75
countries are scouring their markets to identify international firms that are
actively looking to purchase U.S. medical devices and equipment. These
'qualified sales leads' are presented below. Contact your local specialist for more information.
Australia- Eyebrow pencils
Jordan - Hospital beds
Malaysia- Portable, handheld ultrasound device with mobile app functions
India- Permanent make-up products, hair extensions, beauty and cosmetics
treatment, beauty supplies
Saudi Arabia -
- Looking for international partners to establish mobile clinics and
telemedicine equipment and services
- seeking to partner with an American physiotherapy management company
Uruguay - Ebola protective clothing
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Resources on How to Export and Find New Markets
Additional Resources for Exporters
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