Pharma EXPO Will Serve Growing Medical Device Industry

July 28, 2014

The global medical device industry has grown significantly during the last five years and is projected to reach approximately $302 billion by 2017, with a compound annual growth rate of 6.1 percent.

To serve this growing industry, Pharma EXPO 2014, on tap Nov, 2-5 at Chicago’s McCormick Place and collocated with PACK EXPO International, will provide solutions medical device manufacturers can use to enhance efficiency, speed and time to market, and to ensure regulatory compliance.

“The U.S. medical device market is currently a $110 billion industry – the largest in the world. There are more than 6,500 medical device companies in the U.S., and Pharma EXPO will provide these companies access to leading market suppliers,” said Jim Pittas, vice president, Trade Shows, PMMI.

Pharma EXPO, produced by PMMI, The Association for Packaging and Processing Technologies, in collaboration with the International Society for Pharmaceutical Engineering (ISPE), will draw more than 2,000 exhibitors and over 50,000 attendees.

Side-by-side, the events will be the largest resource for processing and packaging innovation in North America this year, according to show officials.

Along with being the largest resource for pharmaceutical processing and packaging technologies, Pharma EXPO will serve as a destination for educational programming and a cross-pollination of ideas between the pharmaceutical and other manufacturing industries.

“One of the challenges for pharmaceutical manufacturers is implementing energy-efficient systems that not only support sustainability goals, but improve competitiveness by reducing costs,” said Nancy S. Berg, president and CEO, ISPE.

She added, “As energy costs continue to increase, the challenge of maintaining high product quality while simultaneously reducing production costs can often be met through adopting many of the energy efficient systems and solutions used in the food processing industry.”

Among the medical device technologies represented at Pharma EXPO, manufacturers will find the following innovations:

·  Automated packing slip systems

·  Heavy-duty industrial sealers to meet 11607 packaging requirements

·  GS1 bar code compliance marking systems

·  Thermoforming molds and trim tooling

·  Automated product transport systems

In addition to the technological innovations, ISPE will offer a world-class series of educational sessions covering topics such as operational excellence, quality, risk management, commissioning and qualification and automation design.

“The educational framework provided by ISPE will give medical device manufacturers a leg up on the competition — technologically and operationally,” Pittas said.

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Less than six months ago, Lisa Messina joined the Las Vegas Convention and Visitors Authority (LVCVA) as the first-ever chief sales officer after leading the sales team at Caesars Entertainment. A 12-year Las Vegas resident, Messina is a graduate of Cornell University’s School of Hotel Administration and serves on MPI International’s board of directors. TSNN had a chance to catch up with this dynamic leader and talk to her about her vision for the new role, current shifts in the trade show industry, creating more diversity and equity within the organization, and advice to future female leaders. Lisa Messina, Chief Sales Officer, LVCVA With Las Vegas becoming The Greatest Arena on EarthTM, what are some of the things you’re most excited about in your role? Our team was at The Big Game’s handoff ceremony earlier this month, and I couldn’t help but think, “We’re going to crush it next year!”  These high-profile events and venues not only drive excitement, but also provide unmatched opportunities for event planners. Allegiant Stadium hosts events from 10 to 65,000 people and offers on-field experiences. Formula 1 Grand Prix will take place in Las Vegas in November, after the year-one F1 race, the four-story paddock building will be available for buyouts and will also offer daily ride-along experiences that will be available for groups. And, of course, the MSG Sphere officially announced that it will open in September, ahead of schedule, with a U2 residency. It’s going to be the most technologically advanced venue as far as lighting, sound, feel, and even scent, and it will be available for buyouts and next-level sponsorships inside and outside. 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As the U.S. Travel Association makes more progress on the U.S. visa situation, we also expect a growing influx of international attendees. What are some innovative ways the LVCVA helps trade show and convention organizers deliver the most value for their events? We focus on customer experience in the same way that trade show organizers are thinking about it. We got rave reviews with the West Hall Expansion of the Las Vegas Convention Center (LVCC), so over the next two years, we will be renovating the North and the Central halls, which will include not just the same look and feel, but also the digital experiences that can be leveraged for branding and sponsorship opportunities.  Vegas Loop, the underground transportation system designed by The Boring Company, is also a way we have enhanced the customer experience. Vegas Loop at the LVCC has transported more than 900,000 convention attendees across the campus since its 2021 launch. 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Scheduled to debut in Q4, Fontainebleau Las Vegas will offer 3,700 hotel rooms and 550,000 square feet of meeting and convention space next to LVCC.  What are some of the plans for advancing DEI (diversity, equity and inclusion) within your organization? We’re currently partnering with instead of working with a leading consulting firm, to lay the foundation and create a solid DEI plan and be the leader when it comes to DEI initiatives. The heart of that journey with the consulting firm is also talking to our customers about their strategic approaches to DEI and driving innovation in this space.  What are your favorite ways to recharge? My husband and I have an RV and we’re outdoorsy people. So, while we have over 150,000 world-class hotel rooms and renowned restaurants right outside our doorstep, one of my favorite things to do is get out to Red Rock Canyon, the Valley of Fire, and Lake Mead. Five of the top national parks are within a three-hour drive from Las Vegas, so there’s a lot you can do. We love balancing the energy of Las Vegas with nature, and we’re noticing that a lot of attendees add activities off the Strip when they come here.  Valley of Fire What advice would you give to women following leadership paths in destination marketing? I think it’s about being laser-focused on what you want to accomplish; building a team around you that lifts you and helps you achieve your goals; and being humble and realizing that you do it as a group. No one gets this done alone. Thankfully, there are a lot of women in leadership in this organization, in our customers’ organizations, and in this city that we can be really proud of. We’re a formidable force that is making things happen.   This interview has been edited and condensed. This article is exclusively sponsored by the Las Vegas Convention & Visitors Authority. For more information, visit HERE.