Five life science conferences heading to Melbourne
The AusMedtech Conference in 2019, AusBiotech National Conferences in 2019 and 2020, and Biotech Invest Conferences in 2019 and 2020 are expected to attract thousands of delegates from across Australia and around the globe.
Life sciences represents a key growth market for Victorian businesses and employment, with global health care spending projected to grow by over four per cent each year.
The rapidly growing global medical device and diagnostic industry is valued at more than $100 billion, and demand for medicines is forecast to grow to US$1.5 trillion by 2020.
In 2016, Victoria’s medtech and pharmaceutical exports grew by 40 per cent to $1.7 billion, with the US and Europe the State’s key markets and Chinese demand continuing to grow.
“We’re thrilled to have secured five more major life science conferences that will give us the chance to showcase Victorian medtech and pharmaceutical capabilities to the world,” said Minister for Innovation and the Digital Economy Philip Dalidakis.