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Global Healthcare News and Opportunities
December 2019
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We at the Global Healthcare Team are currently cleaning up our Email Newsletter list. To be sure that you continue to receive valuable updates regarding events and opportunities please click here. |
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.
For a list of additional international and domestic opportunities visit our website.
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This month's "Spotlight" focuses on the UAE and opportunities surrounding Arab Health.
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The United Arab Emirates (UAE) has been the top United States (U.S.) export market in the Middle East and North Africa region for the last 10 years and a critical regional hub for 1,500 American companies doing business throughout the Middle East, Africa, and South Asia. The UAE has a population of approximately 9.4 million.
Healthcare in the UAE is regulated at both the federal and emirate levels. The UAE government is liberalizing policies to attract foreign investments to improve the healthcare standard and boost the healthcare industry.
The Dubai Health Authority (DHA) announced in June 2016 that all Dubai residents should be covered by health insurance.
The UAE government wants to boost the number of medical tourists coming to the UAE in order to establish Dubai as a center of healthcare excellence in the region.
Current Market Trends
A law allowing 100% foreign ownership of companies in the UAE for certain sectors is now in effect; designed to make the country more attractive for investors, while limiting the impact on local businesses.
There are also free-zones within the UAE which offer a wide variety of benefits to businesses and a degree of flexibility including:
- 100% foreign ownership through branches, single or multiple shareholder companies - known as Free Zone Enterprises (FZEs), Free Zone Companies (FZCOs) or Free Zone Limited Liability Companies (FZ-LLCs)
- No national agent required for branch offices of foreign companies
- Special assistance in getting work permits for staff
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Arab Health Webinar and Trade Show | Dubai, United Arab Emirates | December 10, 2019
Webinar
The U.S. Commercial Service invites you to participate in a Tuesday, December 10, 2019 webinar highlighting the opportunities for U.S. healthcare industry firms attending and/or exhibiting (at) Arab Health 2020 (January 27-30, 2020). Representatives from Medtronic Dubai, Kallman Worldwide and from the U.S. Commercial Service will discuss the advantage of attending the show, provide an overview of the support you can receive by participating in the USA Partnership Pavilion, and information about regional healthcare trends.
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When: Thursday December 10
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Time: 12PM Eastern/ 9AM Pacific
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Where: Your Computer
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Cost: Free
- Register here
Trade Show
Current healthcare expenditure among the GCC countries is projected to reach $104.6 billion in 2022. As the world leader in health and medical innovation, the United States of America plays a unique, multifaceted role in helping the U.A.E. realize its vision and plans in this sector. The Arab Health 2020 show is a venue to showcase your products and services to industry players in the region and beyond. The 2020 edition of the event will welcome more than 4,150 exhibiting companies and 84,500 attendees from 160+ countries. The U.S. Commercial Service will be offering exhibitors complimentary on-site, one-on-one market counseling by industry experts from over 15 U.S. Embassies and Consulates. Business matchmaking programs will also be available to U.S. companies exhibiting at the show. For more information about these programs.
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Date: January 27-30, 2020
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Where: Dubai, United Arab Emirates
For more information: Mona.Musa@trade.gov or Crystal.Mills@trade.gov
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Opportunities at CMEF | Your computer | Thursday, December 10, 2019
Webinar
China's medical device market is one of China's fastest growing industry sectors. Within the last decade, it had an average growth rate of 20%! Join this free webinar to learn more about opportunities for U.S. companies. The webinar will include following speakers: Manager at SPH KDL Health Pharmaceuticals; Counsel for China IP at U.S. Patent & Trademark Office and the International Sales Mgr at Reed Exhibitions.
Webinar Agenda:
- An overview of the Chinese medical device market;
- Guidelines for protecting your intellectual property in China;
- Opportunities for U.S. exhibitors at the China Medical Equipment Fair (CMEF) 2020 show in Shanghai, China, April 9-12, 2020;
- Benefits of the Corporate Executive Office Program at CMEF – an alternative method of exhibiting at a trade show;
A Q&A session will follow the presentation.
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When: December 12, 2019, Thursday
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Time: 6:00 - 7:30 p.m. (EST) / 3:00 - 4:30 p.m. (PST)
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Where: Live Webinar. A recording will be available for registrants.
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Cost: Free, registration required.
Register: here
Questions: Jose.Burgos@trade.gov or Monica.Toporkiewicz@trade.gov
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USA Fair | Lagos, Nigeria | March 31-April 2, 2020
Trade Show
Nigeria has a high demand for diagnostic centers, mobile clinics, trauma centers, related equipment and services, pharmaceuticals, vitamins, infant and maternal care, and much more.
With a high affinity for U.S. products and services, the USA FAIR 2019 presents American manufacturers, suppliers, and service providers with an opportunity to showcase products in this dynamic market. Get in front of Nigerian businesses that value US products and services!
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Date: May 21-23, 2019
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Where: Lagos, Nigeria
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Cost: $2,000 - Customize and enhance your experience by adding on a Single Company Presentation and/or Gold Key Service.
Download flyer here.
For more information and to register, contact Ambrose.Thomas@trade.gov, Benedicta.Nkwoh@trade.gov, Thomas.Hanson@trade.gov, and Crystal.Mills@trade.gov.
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Trade Winds Mission and Business Forum | Hong Kong, Japan, Korea, Thailand, and Vietnam | April 20-27, 2020
Trade Mission and Business Forum
The 12th edition of Trade Winds, the largest annual U.S. Government-led trade mission, will be hosted in Hong Kong with optional stops in Vietnam, Japan, Thailand and S. Korea. The Indo-Pacific continues to be a region of great growth potential for U.S. Health Care firms. If you’re not already selling into this region or are, but want to increase your market share, Trade Winds is the perfect vehicle for you to do so.
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When: April 20-27, 2020
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Where: Hong Kong, Japan, Korea, Thailand, Vietnam
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Cost: $2200 (includes Business Forum in Hong Kong and business matchmaking meetings in one country, additional countries $1200 per country)
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Register: here
For more information contact Leandro.solorzano@trade.gov or visit our website: here.
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Healthcare Business Service Providers
The Business Service Provider directory is designed to help U.S. Companies identify professional service providers to assist them in the assessment, completion, and/or financing of an export transaction. If you are a service provider we invite you to partner with us by joining our service provider directory.
- Government site linkbacks that are highly valued for Search Engine Optimization;
- Export.gov serves over 635,000 monthly visitors who view our valued market research and to obtain information on trusted service providers; and
- The Global Healthcare Team website serves as the information hub for a network of industry specialists based in 108 U.S. cities and in 75 countries.
For more information: Brad.Anderson@trade.gov
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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 on these leads and how to connect to the opportunities.
None to report this month but check back next month!
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Resources for Exporters
Resources on How to Export and Find New Markets
Additional Resources for Exporters
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