Medtech conference to analyse medical device in India

The Indian healthcare industry comprising of hospitals, medical infrastructure, medical devices, clinical trials,tele medicine, health insurance and medical equipment was valued at US$ 79 billion in 2012, and is expected to reach US $160 billion by 2017


The Health Ministry has recently sought the cabinets nod for a new Drugs and Cometics Bill, 2013 to replace the existing Act of 2007, to help bring the growing medical equipment industry in the country under the specific regulation of a law. Recongnizing this initiative by the government, and to discuss the upheaval in medical device regulations and the enforcement of more stringent guidelines that may come in with this initiative, Medtech India will also host conferences on 'Government support to boost the industry', 'Regulatory regime: Current status', 'Trend Analysis: Medical devices as industry in India' and more.

Mr Sanjay Banerjee, (MD, Zimmer India) says 'While the medical devices industry has made important contributions towards improving health outcomes for Indian patients and towards growth of the overall healthcare industry, it has the potential for an even greater role going forward along with its own exponential growth. The ability to realize this potentially will, of course, be dependent on the regulatory system and facilitative policies and ecosystems for innovation, manufacturing and overall grwoth of the sector. Towards this objective, Medtech India is an important platform bringing together all stakeholders for constructive discussions on the roadmap for the future."

Recongnising the growing industry and the need to regulate and help bring the booming medical equipment industry in the country on one platform, Medtech India 2013, taking place on 3rd and 4th October, 2013 at The Lalit, will offer the platform to showcase innovative solutions and an opportunity for dialogue between stakeholders not only from the meteros but also facilitate demands from the tier-1 and tier-2 cities.

Indian and interbational comapnies like BioInteractionsLtd, Ametek Insruments india Pvt Ltd, Millenia Technologies, Martech Medical, Zeus, SMC Global and more will be part of this event that will have range of unique networking and social engagement opportunities.

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