The PHD Chamber of Commerce & Industry organized a Technical Session on Medical Devices Sector: Self Sufficiency (Atma-Nirbhar Bharat) in Medical Technology.
The panelists were Dr. Praveen Gedam, Addl. CEO, Ayushman Bharat, Dr Jitender Sharma, Managing Director, AMTZ (a medical device technology park), Dr. Ashok Seth, Chairman, Fortis Escort Hospitals. Ganesh Sabat, CEO Sahajanand Medical Technologies Pvt Ltd, and Sunil Khurana, CEO, of BPL Medical Technology.
Giving brief about the medical device industry, Dr. Gedam mentioned that the Indian medical device market is of $11 bn growing at a CAGR of 15%. He further mentioned that this Covid situation has given priority to healthcare now a days and made staying alive a key parameter during the Pandemic times. He mentioned that this Covid situation and geo political reasons depicts India’s ability to innovate, produce and become self-reliant in Medical devices giving an example of PPE kits where there is were PPE manufacturers in India before Covid and now India is producing more than 6 lacs PPE kits per day.
Dr Gedam mentioned about the world’s largest Government-funded insurance scheme which caters to more than 540 million people and about the Health ID being a part of National Digital Health Mission.
