Toronto has been selected by the Advanced Medical Technology Association (AdvaMed) to host the foremost international event for medical technology experts, The MedTech Conference, set to take place October 5-7, 2020.
The major convention will bring over 2,600 leaders in medical technology, including CEOs, venture capitalists, and policy makers to the Metro Toronto Convention Centre (MTCC) and contribute an estimated $9.49M in forecasted economic impact direct spending to the city.
This significant bid win marks the first time The MedTech Conference will take place outside of the United States and reflects Toronto’s international standing as a world-class hub for medical technology and health sciences expertise.
Recognized as the fastest growing technology market in North America, Toronto is home to half of Canada’s medical technology companies and most top 25 global medical technology companies operate in the region. The city’s health sciences sector is also ranked among the best in the world, along with its researchers.
This important win, led by Tourism Toronto, the Leaders Circle, TOHealth!, MEDEC, and Ontario’s Office of the Chief Health Innovation Strategist, follows a series of major U.S. conventions secured by Toronto. In its last fiscal year, the Metro Toronto Convention Centre secured 11 major U.S. conventions for future years, the highest number in more than a decade.
“It says a lot about Toronto that AdvaMed chose this city to be their first conference outside the U.S. and we’re thrilled they have,” said Johanne Belanger, President and CEO of Tourism Toronto. “Toronto’s life science sector is thriving and the city is fast becoming a tech superpower on the global stage.”