French pavilion at Arab Health expanded
Dubai, January 19, 2014
Companies at the French pavilion of the Arab Health-Medlab exhibition in Dubai will showcase their products on an extended area.
The 104 French companies attending the exhibition will showcase their medical systems in the area split between the Za’abeell Hall and Sheik Rashid Hall at the Dubai International Convention & Exhibition Centre from January 27 to 30, said a statement.
With a substantial base of over 1,000 SMEs, with know-how combining medicine, mechanics, materials physics and digital technology, France’s market for medical systems is estimated at 19 billion euros ($25.7 billion), out of the global market worth over 200 billion euros a year.
An innovative approach, technological breakthroughs in medical systems like artificial hearts and mini-invasive surgery has placed France in fourth place globally, behind the US, Germany and Japan in the medical field.
Research also enjoys strong support from the authorities, particularly through new schemes like “promising investments for the future,” which have led to the creation of new enhancement organisations like the SATT (Technology Transfer Boosting Companies) and specialised competitiveness clusters, and to the development of targeted patents intended for the global market.
Lastly, in order to boost France’s commercial offer on international markets, four business families were identified by the French government, including health (with a measure called “Mieux se soigner” - Taking better care of yourself), as priority avenues for development.
This new strategy set up in 2013 was launched in a bid to meet new public health challenges worldwide and to stimulate French exports. - TradeArabia News Service