The MedTech sector in India is rapidly expanding, driven by technological advancements, increased healthcare demand, and growing government initiatives to enhance access to medical devices. However, despite its immense potential, the sector faces several challenges that hinder its full growth. Addressing these challenges and implementing
Philanthropist and co-founder of the Bill & Melinda Gates Foundation, *Bill Gates*, has praised India for its remarkable strides in building an affordable and accessible healthcare ecosystem. Gates lauded India’s role in innovating cost-effective medical solutions, expanding healthcare access, and supporting global health equity during
Mr. Himanshu Baid, Managing Director, Poly Medicure Ltd. has been bestowed with the prestigious Earnst & Young Entrepreneur of the Year (EOY) award in the life science and healthcare category. Mr. Baid was announced the winner of the category as part of the 26th EOY
In a major boost to India's medical technology sector, the country has begun domestic manufacturing of advanced medical devices, including CT scanners, MRI machines, and dialysis equipment, under the Production Linked Incentive (PLI) scheme. This initiative, introduced by the Government of India, aims to reduce
Next-generation lens features purely refractive design, delivering uninterrupted high-quality vision. Johnson & Johnson, a global leader in eye health, announced today that its TECNIS PureSee™ purely refractive intraocular lens (IOL) for individuals with presbyopia is now available in India. The TECNIS PureSee™ IOL features a
A national conference focusing on "Enhancing Pharmaceutical Quality Assurance through Good Manufacturing Practices (GMP)" brought together policymakers, industry leaders, and regulators at Andhra Pradesh MedTech Zone (AMTZ) today. Organized by the PHD Chamber of Commerce and Industry (PHDCCI) in collaboration with the Department of Pharmaceuticals,
This launch underscores the growing scientific and high-tech cooperation between Russia and India and aims to meet the needs of the increasing amputee population in India, estimated to be around 1 million individuals Motorica, a top-10 global developer and manufacturer of functional limb prostheses, announces the
The Indian medical device industry is set to undergo significant transformation as regulatory authorities introduce a new classification system aimed at simplifying approval processes. This initiative is expected to enhance efficiency, reduce time-to-market for medical devices, and bolster the growth of the healthcare sector. The Central
India's medical technology (MedTech) sector is experiencing unprecedented growth, positioning the nation as a formidable player on the global stage. With a current market share of 1.65%, India ranks among the top 20 MedTech markets worldwide and stands as the fourth largest in Asia. Projections
A 3-Day Exhibition and Summit at Bombay Exhibition Centre, Supported by, Indian Drug Manufacturers’ Association (IDMA), Federation of Pharmaceutical and Allied Products Merchant Exports (FPME), Federation of Pharma Entrepreneurs (FOPE) and Leading Industry Associations The event will bring together 225+ exhibitors and showcase 12000+
