Arab Health and Medlab Middle East generated over AED756 million for the Dubai economy in 2020
- In addition to the direct and indirect spending in the local economy, both shows combined generated over AED3.7 billion worth of business, a 3.7% increase Y-on-Y
- Research by Informa Market’s healthcare division has revealed 85% ofhealthcare trade and non-trade visitors eager to return to live and in-person events
- Arab Healthand Medlab Middle East events will take place from 21-24 June 2021at the Dubai World Trade Centre
Dubai, United Arab Emirates,10 March 2021:Arab Health and Medlab Middle East,the largest exhibitions for the healthcare and laboratory industry in the MENA region, generated more than AED3.7 billion worth of business during the 2020 edition of the show, a year-on-year increase of 3.7%. The exhibitions also contributed over AED389million to the Dubai economythrough direct and indirect spending from visitors and exhibitors.
Furthermore, according to recent research by Informa Markets, 85% of healthcare and laboratory key visitors surveyed stated they would like to attend live events again. This underscores the pent-up demand to attend and support the local economy when visiting Arab Health and Medlab Middle East onits return to the Dubai World Trade Centre, 21-24 June, which this year will be under the show theme of ‘United by Business’.
WouterMolman, Executive Vice President for Informa Markets, said: “Our survey results clearly indicate an appetite to return to a physical event format, with face-to-face networking at the forefront of whatour key audiencesare looking for. The message from our participants has been unequivocal. They want to be present at the event and feel safe doing so, thanks to the UAE’s measures.
“Based on our research, we can safely expect both events to attract 61,000 visitors, roughly half of which will attend the in-person event, with the other half attending the event online. Having seen the successes of events recently run in Dubai, we are confident in delivering a strong and successful live, in-person event, with good MENA representation.
“The UAE government’s commitment to vaccinate the population and facilitate a safe environment for people to come together while adhering to all safety protocols has been a defining factor in the confidence to get back to business. We are in one of the few countries in the world where this is possible as a result of the incredible government work.”
As part of Informa Markets commitment to provide the highest hygiene levels at all events by ensuring attendees and staff safety, the company has launched Informa AllSecure. The enhanced measures include 35 guidelines covering all aspects of cleaning and hygiene, social distancing measures, and the use of PPE, screening, and a track and trace in conjunction with local authorities.
“We created Informa AllSecure for two reasons. The first was to boost confidence within the events industry, while the second was to ensure that everyone attending one of our physical events can connect, learn, and safely do business,” saidMolman.
“Our exhibitions are not only conducive to generating deals amongst participants; they also have a huge impact on the local economy and support industries such as tourism and hospitality, F&B, and aviation. We are all truly ‘United by Business’”, he added.
A host of government initiatives since the onset of COVID-19 has fast tracked the countries recovery and permitted the opening of hotels and exhibitions before elsewhere in the world. As such, the latest STR data revealed the Middle East’s hotel sector was a top performer globally during 2020, with an average occupancy of 45.9%. One of the best performing countries was the UAE, with an average occupancy of 51.7% and an average daily rate (ADR) of over AED418. Although these figures were 29.3% & 16.5% down year-on-year, the return of physical exhibitions will help buoy optimism among hoteliers.
Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DTCM), said:“It has been vital that we have the best policies in place and that we engage with stakeholders internationally and locally to ensure all visitors feel safe and can travel confidently to and from Dubai. We have been working closely with our partners including Informa Markets and Dubai World Trade Centre, implementing the latest guidelines and best practices to create safe environments for their events and put Dubai at the forefront of the recovery of the business events sector globally.”
Both events take place from 21-24 June at the Dubai World Trade Centre andwill feature a range of keynote speeches and roundtable discussions, industry briefings, product demos and networking opportunities, as well as a series of pre-arranged one-to-one meetings, with an emphasis on creating lasting relationships and doing business.
“Arab Health and Medlab Middle East are part of the very fabric of UAE business and trade; the return of physical events are an important sign of the renewed confidence and commitment in the UAE as an important trade corridor. Now, more than ever, it is important for the healthcare industry to come together, to network, to discuss the future of the industry, and to do business,” concluded Molman.
In the month preceding the live event in Dubai, both Arab Health and Medlab Middle East will host a series of dedicated online focus days to allow participants to find the correct contacts to meet and do business, with a showcase of the latest products and technological advancements, and a host of focused informative sessions drawing in medical and healthcare trade professionals from the region and beyond.
The online event platforms for Arab Health and Medlab Middle East will launch on 23 May 2021 and will remain availableto participants until 22 July 2021. The online platform, while supporting visitors at the live show withscheduling qualified meetings in advance, will also offer visitors who cannot attend the event in-person, the opportunity to connect with valuable contacts and build target audiences through AI-powered matchmaking and video conferencing technology.