Medical Device Industry in India: Past to Present

[...]compared to global scenario, medical device industry in India is still in the infancy stage, with lots of opportunities in this sector. [...]attempt is made to understand the past and present updates in the area of medical device industry in India. Medical device industry has evolved by leaps a...

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Bibliographic Details
Published inResearch journal of pharmacy and technology Vol. 12; no. 12; pp. 5959 - 5962
Main Authors Bhat, Bhavana B, Prabhu, Pavithra Pradeep, Lobo, Manisha Joshel, Anusha, Prathvi, Kamath, B Venkatesh
Format Journal Article
LanguageEnglish
Published Raipur A&V Publications 01.12.2019
Subjects
Chronic illnesses
Expenditures
Innovations
Manufacturing
Market segments
Market shares
Medical device industry
Medical equipment
Medical technology
Regulation
Technological change
Transplants & implants
Wage & price controls
United States > US
India
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Summary:[...]compared to global scenario, medical device industry in India is still in the infancy stage, with lots of opportunities in this sector. [...]attempt is made to understand the past and present updates in the area of medical device industry in India. Medical device industry has evolved by leaps and bounds from former use of scalpel and crutches to contemporary heart valve and artificial heart transplant. According to WHO medical device is as "an article, instrument, apparatus or machine that is used in the prevention, diagnosis or treatment of illness or disease, or for detecting, measuring, restoring, correcting or modifying the structure or function of the body for some health purpose. Clusters of medical devices in India (3): * Karnataka: Mainly focuses on the manufacture of Insulin Pens, Cardiac Stents and implants, Medical IT, PCR machines and these products are developed by manufacturers such as Biocon, GE Medical, Skanray, Bigtec Labs etc. * Haryana: Focuses on the manufacture of consumables and dental equipment's and the companies working are BD, Hollister and Poly Medicure. * Delhi: Medtech Innovators such as Standford-India Bio design program. * Gujarat: Manufacturing of stents is supported by Envision Scientific, Invent Bio-Med. * Tamil Nadu: This is a large hub for production of diagnostics, critical life support systems, and Ophthalmology products.
ISSN:0974-3618
0974-360X
0974-306X
DOI:10.5958/0974-360X.2019.01034.5