Booming Prospects: Record Attendance Expected at CPHI & PMEC China 2024
Key Takeaways
- CPHI & PMEC China 2024 is set to break attendance records with 60,000 attendees and 3500 exhibitors.
- The event will feature a wide range of networking and learning opportunities, including the prestigious CPHI & PMEC China Awards.
- China's pharmaceutical market is experiencing rapid growth, making this event crucial for industry stakeholders.
Did You Know?
Introduction to CPHI & PMEC China 2024
The CPHI & PMEC China 2024 event is anticipated to welcome a record number of attendees and exhibitors in Shanghai, reflecting the rapid growth of the pharmaceutical industry in Asia. This major event will take place from June 19th to 21st at the Shanghai New International Expo Center. The booming pharmaceutical market has significantly contributed to this anticipated increase in participation.
Growth in Domestic and International Demand
China is already a global leader in supplying pharmaceutical ingredients, and domestic demand is also on the rise post-pandemic. Many exhibitors predict robust growth across various Asian markets. A steep increase in domestic pharma share prices, record drug approvals, and numerous out-licensing deals are contributing factors to this surge.
Event Significance and Participation
Featuring over 3500 exhibitors and 60,000 attendees from across 150 countries, CPHI & PMEC China is positioned at the core of the world's second-largest pharmaceutical economy. Spread over more than 220,000 square meters of exhibition space, the event will feature exhibitors spanning 12 diverse zones, including areas like machinery, clean rooms, finished dosages, and contract services.
China Pharma Week and Networking Opportunities
The event will run concurrently with China Pharma Week, offering seven networking streams and an extensive agenda. Attendees have a golden opportunity to form meaningful connections and gain new insights through these streams, greatly aiding in their professional growth and industry knowledge.
CPHI & PMEC China Awards
A key highlight of the event, the CPHI & PMEC China Awards, will take place on June 19th. These awards celebrate innovation within the region across seven categories, including API development, global expansion, and packaging innovation. The awards will culminate in a prestigious ceremony and networking dinner.
Various Conferences and Sessions
Attendees can benefit from over 100 conference sessions, available in both Chinese and English, covering a range of topics from regulatory updates and cultural barriers to renewable energy initiatives. Highlights include the China-World Innovation and Development Forum 2024 and the 9th China Biopharmaceuticals Outlook Summit.
Focus on Global Collaboration
This year's event will see hundreds of international exhibitors, solidifying China's role as a critical hub in the global pharmaceutical supply chain. The event is an excellent opportunity for these international players to establish partnerships and expand their reach in the Asian market.
The Chinese Pharmaceutical Market
The consistent growth in the Chinese pharmaceutical sector is attracting new exhibitors and fostering a highly competitive environment. Companies attending the event will have the chance to capitalize on these dynamics, stay ahead of industry trends, and prepare for future growth.
Conclusion
CPHI & PMEC China 2024 promises to be an invaluable event for anyone involved in the pharmaceutical supply chain. With the industry's rapid growth and the increasing diversification of supply chains across Asia, the event is an unmissable opportunity for companies to enhance their market presence.
About Informa Markets
Informa Markets organizes more than 550 international B2B events across various industries, including healthcare and pharmaceuticals. The platform aims to create opportunities for business growth through face-to-face exhibitions, digital content, and actionable data solutions.
References
- Informa Markets Websitehttps://www.informamarkets.com
- CPHI & PMEC China 2024 Informationhttps://www.cphi.com/china/
- Overview of the Global Pharmaceutical Markethttps://www.ifpma.org/subtopics/global-pharmaceutical-market/