Manufacturing of Ophthalmic Equipment
Rapid technological advancements have led to the development and manufacturing of sophisticated medical products. Ophthalmology is a medical speciality that deals with complications related to the eye. The medical equipment required under this medical speciality revolve around diagnosis, treatments and analysis of eye conditions. The Manufacturing Processes Involved: Ophthalmic instruments require conceptualisation, prototyping and refinement. […]
Intelligent Manufacturing of ICU Equipment
The Intensive Care Unit (ICU) at every hospital requires sophisticated medical equipment to treat critically ill patients. It is a separate area within a medical facility to treat life threatening conditions. High-tech specialised facilities are used for monitoring and intervention. The multidisciplinary and comprehensive approach requires coordinated care of patients by a team of healthcare […]
Manufacturing Pediatric Medical Devices
Resorting to smart solutions across medical specialties has brought about varied changes in terms of manufacturing the right device for a specific age group. Certain medical equipment are designed specifically for children, used particularly to conduct intricate surgeries and treat special illnesses. On a lot of occasions, a baby is born with certain complications that […]
Medical Device Manufacturing: Import and Export trends
With growing population, aging population, growing medical tourism, demand for healthcare infrastructure, and increasing health insurance penetration, there is a growing demand for medical devices in India. To meet this demand, various clusters of medical device manufacturing are present across the states in India. The past few years data shows that this growing demand is […]
Growth Opportunities in Medical Devices Manufacturing Sector that You Must Know About
With a current estimated size of around $11 Billion and a CAGR of 10-12 per cent over the last decade, the Indian medical devices manufacturing industry is one of the fastest growing ones in India. Infact, India is the 4th largest market for medical devices in Asia and one of the fastest-growing ones. Focus has shifted to […]
Government PLI and Medical Devices Parks Schemes Set to Redefine MedTech Manufacturing in India
The Indian medical devices industry is expected to grow at 2.5x the global growth rate, which equates to a CAGR of 15%, as per figures on the Government’s Invest India website. Multiple reasons are contributing to the exponential growth, with a big push coming from the Government. The Government has launched medical devices PLI schemes along […]