Uzbekistan Medical Exhibition September 2023
Introduction to the Uzbekistan Medical Equipment and Pharmaceutical Industry Exhibition
The 15th International Specialized Exhibition of Uzbekistan Medical Equipment and Pharmaceutical Industry (UZMED) was held from 19 to 21 Shahrivar 1402 at the Tashkent State Exhibition Center UZEXPO International Exhibition Venue with the participation of Turkey, India, Kazakhstan, China, Uzbekistan, Russia, South Korea and the Republic of Iran.
The Republic of Iran pavilion at this exhibition was held in an area of approximately 180 meters in two sections: the Innovation and Prosperity Fund for Knowledge-Based Companies Pavilion and the space for independent companies, with the participation of 29 companies, 13 of which were knowledge-based, and one company from the Trade Delegation.
Introducing Uzbekistan and its business opportunities
The Republic of Uzbekistan is a Muslim country but with a full democracy located in the heart of Central Asia with a population of over 38 million people as the most populous country in Central Asia. The population of this country alone is equal to the combined population of the Central Asian countries, namely Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan. The presence in this large and increasingly developing consumer market in all fields will be considered a great and important advantage because this country has direct economic and trade relations with all the countries of the region and neighboring countries, as well as all European and American countries. In fact, by entering the Uzbekistan market, you can easily gain a share of the market of other Central Asian countries, meaning that by entering the commercial consumer market of Uzbekistan, you are dealing with a population of about one hundred million people, which will be a great advantage compared to the markets of countries such as Iraq and Oman. Given the geographical and religious similarities between the two countries, there is a special interest and enthusiasm (especially in the cities of Samarkand and Bukhara) for Iranian products and productions.
The country has embarked on extensive political and economic reforms, especially after the presidency of Mr. Shavkat Mirziyoyev in 2017. This has also led to the improvement of the country’s relations with neighboring Islamic countries, especially Western countries. As a result, this trend has resulted in significant economic growth in the Uzbek economy, which is unprecedented in the country’s history. This has also paved the way for attracting foreign investment, so that from $809 million in foreign direct investment in 2015, the country was able to attract $2.28 billion in direct investment in 2020. According to the World Bank, the inflation rate in Uzbekistan is 18 percent, and the State Statistics Committee announces a figure between 10 and 15 percent. The average wage in Uzbekistan for workers is about $250 per month, and in the center of the country, the city of Tashkent, this figure is $330. In 2020, the country’s total imports were $22 billion, an almost double increase from $9.1 billion in 2017, indicating the country’s enormous market capacity.
Exhibition areas and product groups:
Medical equipment
Dietary supplements, medicinal herbs, pharmaceuticals
Medical tourism and services
Orthopedics and rehabilitation
Aesthetic medicine and aesthetics
Innovative information technology in medicine
Ophthalmology and neurology
Medical furniture
Laboratory equipment
Consumables and dressings
Dentistry
Venue of the UZMEDEXPO exhibition in Uzbekistan
The Knowledge-Based Companies Pavilion was established at this exhibition with the support of the Innovation and Prosperity Fund, and 13 knowledge-based companies active in the field of medical-pharmaceutical equipment have exposed their products and export achievements to visitors.
The names of the knowledge-based companies are as follows:
Sepid Tan Parnian Pooyesh, Tabi Abadis Tanks, Takvin Ezmez Parseh, Danesh Teb Emrooz, Salamat Permon Amin, Dostan Nik Equipment, Masoom Production Cooperative, Bahan Sar, Part Daru Alvand, Nano Kimia Kavir Yazd, Zist Gostaran Koosha, Novin Electrical and Electronic Industries, Aron Zist Teb Pazh are the knowledge-based companies that were in this pavilion.
