Thailand LAB INTERNATIONAL & Bio Asia Pacific 2023 set a new record with the highest number of participants in 10 years and created resilience in the Laboratory Equipment Industry with business negotiations worth over 600 million Baht
Press Release – October 2023, Bangkok
The Thailand LAB INTERNATIONAL, Bio Asia Pacific, and FutureCHEM INTERNATIONAL 2023 concluded spectacularly and exceeded expectations by breaking the record with the highest number of participants in 10 years. The show hosted 11,095 attendees from 34 countries around the world. The top five countries in terms of participants were the Philippines, India, China, Singapore, and Malaysia. These participants divided into more than 45% of investors and buyers led to business negotiations throughout the three days from September 6th to 8th, 2023, at the Bangkok International Trade and Exhibition Center (BITEC). The organizers, VNU Asia Pacific, in collaboration with the Science and Technology Trade Association (STTA) and the Thailand Center of Excellence for Life Sciences (TCELS), expressed their great satisfaction with the show’s success. The show served as a catalyst for investment in laboratory equipment, totaling 600 million Baht, in the Asia region by the year’s end.
Mr. Anucha Parnpichate, Senior Project Manager of VNU Asia Pacific, stated, “The organizers are delighted with the success of this show. The attendance statistics for this year indicate that Thailand has overcome the economic challenges resulting from the pandemic in the past few years and is ready to revitalize businesses in the laboratory equipment, life sciences, and chemistry sectors. The data collected from the show revealed that 70% of the pre-registered attendees actually participated in the show this year. It garnered significant interest from the chemical, food and beverage, biotechnology, laboratory equipment, and medical device industries, with 43% coming from the chemical industry, 26% from investors and distributors, and 15% from researchers at universities with over 70 percent having decision-making authority. This indicates that our trade show this year effectively responded to the needs of buyers and sellers.”
Dr. Jittiporn Thammajinda, Chief Executive Officer of Thailand Center of Excellence for Life Sciences, stated, “Bio Asia Pacific 2023 has immense significance this year as it serves as a gateway to the life sciences industry, particularly in the realms of healthcare and wellness. This event boasts a diverse composition, encompassing innovators, technologists, and laboratory experts. Moreover, it introduces a pioneering approach to emerging disease identification, alongside a vibrant entrepreneurial presence. Within the business segment, we offer opportunities for business matching, with the hope of fostering collaborative deals during the event. What sets this event apart is its comprehensive coverage of the entire spectrum of the life sciences industry.”
Overview of the Show’s Success
Thailand LAB INTERNATIONAL showcased technology and innovations in laboratory equipment for scientific laboratories, Bio Asia Pacific showcased research, innovations, and technology in the fields of life sciences, biotechnology, and modern healthcare, and FutureCHEM INTERNATIONAL presented chemical innovations for future industries. These shows collectively occupied over 14,000 square meters and featured a blend of laboratory equipment for various industries with more than 270 exhibitors and more than 500 leading brands. Additionally, the event served as a platform for business negotiations through various activities, including social events such as the official opening ceremony, the welcome reception & networking night, guided tours for visitors from industrial factories and international associations, and LAB Redemption, a new activity that enhanced the visitor experience at the exhibition. Each of these activities garnered significant interest from attendees.
Mr. Suwan Pongsuk, Managing Director of Bio-Active said “We participate in Thailand LAB INTERNATIONAL every year. We have also increased the number of our booths each year. We recognize that this exhibition serves as a symbol and a meeting point for stakeholders in the field of science and technology.”
Mr. Pisit Singti, Sales Department Manager Food & Pharma, Sithiphorn Associates Co., Ltd. said “We recognize Thailand LAB INTERNATIONAL as a premier exhibition for scientific and technological instruments in Thailand and the region. Our participation in Thailand LAB INTERNATIONAL has been a valuable opportunity for our company to gain wider recognition in the scientific instrument industry.”
Enriching knowledge in new research, updating laboratory standards, and enhancing knowledge in scientific laboratories, life sciences, and chemistry were emphasized through 70 seminar topics delivered by more than 250 speakers from various countries. These seminars aimed to share knowledge and experiences throughout the three days of the show.
Prof. Dr. Prasit Watanapa, M.D., Director of Chulabhorn Hospital and Chairman of The Board of Thailand Center of Excellence for Life Sciences said “Regarding Thailand LAB INTERNATIONAL and Bio Asia Pacific, I consider it the ideal platform for attracting individuals with diverse expertise in healthcare issues. I firmly believe that this platform will encourage people to come together, share, and learn from each other. This collaboration has the potential to foster new ideas, and fresh knowledge, and possibly lead to the development of innovative technologies to tackle healthcare challenges in the future.”
Prof. Dr. Arinthip Thamchaipenet, Associate Dean of Research and International Affairs President, of Genetics Society of Thailand said “For the Genetics Society of Thailand, this is not our first time participating in Thailand LAB INTERNATIONAL. Therefore, we would like to continue joining this event because we believe it provides an open stage for people and scientists in the industry to come together and participate in insightful conferences.”
Introducing the New Show: Health & Innovation Asia
In addition to the existing shows, there will also be a brand-new launch which will be held next year under the “Health & Innovation Asia 2024, which will be co-located with Thailand LAB INTERNATIONAL 2024 from September 11th to 13th, 2024, at BITEC Bangkok. This show serves as a new platform for the health technology industry and medical and public health innovations. To promote Thailand’s Digital Health Tech revolution, Health & Innovation Asia 2024 is ready to transform Bangkok. Into the center of medical and health innovation, driven by technology that will revolutionize the future of holistic healthcare.
Mr. Igor Jan Palka, Managing Director of VNU Asia Pacific said, “Thailand’s digital transformation is accelerating through the Thailand 4.0 economic model, emphasizing the importance of economic prosperity, societal well-being, human values, and environmental protection. Large-scale technology investments have led to significant advancements in connecting smartphones and broadband, enabling digital data to support the quality and sustainability of healthcare and health management as well as supporting a sustainable healthcare system that serves all populations in Thailand and Asia. We see immense potential and great opportunities in bringing this show to Bangkok, which is why we are hosting the Health and Innovation Asia 2024 show in Thailand next year.”
“Returning here once again, I am filled with excitement. This presents a fantastic opportunity for me to learn about the latest laboratory technologies, particularly the advanced methods used in testing, especially in areas like food and drug analysis. I am confident that this event will more than meet my expectations.” Ms. Malaython Phanavanh, PhD., Chief of Administration Section, National Center of Food & Drug Analysis, MOH, Lao PDR
“The exhibition was beyond our expectations. We were able to meet key people in the industry who provided new and advanced knowledge on breakthrough technologies. It was a very good venue to interact and connect with potential suppliers of laboratory and diagnostic products.” Mr. Ronaldo Puno, President, of the Biorisk Association of the Philippines and General Manager of Prolab Diagnostics Co. (Past President of the Philippine Association of Medical Technologists)
Show Calendar for 2024/2567
Thailand LAB INTERNATIONAL 2024: September 11st-13rd, 2024, BITEC Bangkok
Bio Asia Pacific 2024: September 11st-13rd, 2024, BITEC Bangkok
FutureCHEM INTERNATIONAL 2024: September 11st-13rd, 2024, BITEC Bangkok
Health & Innovation Asia 2024: September 11st-13rd, 2024, BITEC Bangkok
