Snippets
This
was accomplished with active support and cooperation
from over 50 specialized engineers from Atomic Energy
Regulatory Board (AERB) who commissioned the facility.
With an initial capacity to make six million dialysers
per annum, which can be ramped-up, Nipro plans to
export 90 per cent of its production in the beginning.
In
addition to the Shirwal facility, it has a factory in
Tripura to make glass vials and ampules and plants in
Meerut, Badlapur, Chiplun and Tarapur to make pharma
glass tubing. Another plant is being set up in Khopoli.
This
factory would manufacture the highest quality of
artificial kidney (dialyzers), disposable syringes &
needles, cannulas, IVC (Intravenous Catheters), AVF
(arterial venous fistulas) and BTS (blood tubing
sets).
Nipro
Corporation has manufacturing facilities in Japan,
Thailand, China, Brazil, USA, Indonesia, Bangladesh
and India.
The new
facility is a testament to Nipro Corporation’s
strategy to expand its worldwide presence in the major
economies.
http://www.business-standard.com/article/companies/nipro-sets-up-india-s-first-dialyser-manufacturing-facility-112121500062_1.html
India Spawning Top Notch Medical Devices Companies
With Cutting-Edge Tech At Affordable Prices
In
India, about 15 babies die every minute due to
asphyxiation in maternity homes that can't afford the
costly imported infant warmers. As a student of IIT
Chennai in 1988, Sashi Kumar was asked to repair
imported baby warmers for a hospital & he didn’t only
fix the warmers but also started making them on his
own & his company Phoenix Medical Systems was born.
India's
$63-billion healthcare market imports almost 65% of
the required medical devices, which are often too
expensive to be used by small nursing homes. But
sensing the need and the urgency, many Indians are now
making cheaper X-ray machines, imaging equipment, ECG
scanners and even robots to cure cancer, blindness and
heart diseases.
The
medical device industry in India is set to grow 23% to
$6 billion by this year end, according to KPMG. Cost
is not the only driver; gaps in medical treatment have
led some Indians to come up with breakthrough
innovations. Treating cancer by robots is an example.
Chennai-based Perfint Healthcare has developed
next-generation robots that treat cancer by precisely
inserting a needle in the affected area to burn or
freeze a patient's tumor, leaving the good tissue
alone. The founders of the firm, all former GE
Healthcare employees, quit their jobs to form this
venture when they realised that the treatment
available then would also kill the good tissue, making
it harder for cancer patients to survive.
One of
the reasons for the spurt in the growth of medical
device makers is that almost a decade ago, many IITs
and engineering colleges started Biomedical programmes.
"We are now seeing first signs of fruition," says
Singh who is also a consulting professor at the School
of Medicine at Stanford University. Also,
entrepreneurs who were distributors of medical
equipment in the 1990s are now becoming manufacturers.
BITS Pilani graduate GSK Velu, 46, founded Trivitron
Healthcare in 1997 after a stint at Chiron Diagnostics
as country head. Despite the opportunity,
entrepreneurs complain that there is no incentive by
the government to locally manufacture them unlike the
help given in China or Brazil. Imports from China have
started dominating the imported market. "If India's
policies become more favourable to local production
and innovation, we can come out of the clutches of
imports and become self-sufficient in the sector,"
Velu of Trivitron adds.
Ref:
http://articles.economictimes.indiatimes.com
/2013-02-08/news/36993332_1_medicaldevices-perfint-healthcare-warmers
Current Medtech Manufacturing Landscape In India
“Today,
almost 75% of medical devices used in India are
imported. Historically, indigenous manufacturing has
focussed on the production of low-value consumables,
and the sector would benefit tremendously by adequate
exposure to the latest developments in medical
technology. Industry thought leaders estimate that
local players are three to five years behind
multinationals in terms of technology, but are rapidly
closing the gap in the low- to mid-tier sector of the
market.
It is
estimated that there are about 750 indigenous
manufacturers of medical devices and more than 90% of
them are small and medium size enterprises (SMEs). Due
to the small size of indigenous manufacturing and its
limited profitability, it is indeed a challenge for
India to invest in R&D for patentable medical
technologies.
In
order to foster indigenous medical technology, there
needs to be strong alignment of academia and industry
to spur the development of an ecosystem conducive to
innovation in medical technology.
If one
takes a closer look at the business models emulated by
multinational medical technology companies, most have
opted to import their existing global products and
focus mainly on affluent consumers and private
hospitals in large cities such as Delhi, Mumbai and
Bangalore. Only a handful of players have local
manufacturing capabilities.
Thus,
there is a dormant opportunity for foreign
manufacturers who want to invest in India. In a recent
Price Waterhouse Coopers survey, 30% of medtech
multinationals said they planned to adapt their
products and business models specifically to the
Indian market.
About Challenges for India's Medtech sector
“One
major challenge is identifying the right product mix
for the Indian market. More than 80% of the population
pays for all medical expenditures out of pocket. Thus,
the burden of healthcare expenditure is significant
and quality is often sacrificed. Another significant
challenge has been to make good quality products
available at prices that Indian consumers can afford
while making the activity commercially viable for the
company. |
There
is an absence of reliable market data for efficient
planning and independent data on consumption patterns
and the market share of medical devices. Vital
business decisions often are based on projections,
industry reports and analysis, which may deter new
entrants. Where other countries can define market
tiers largely in geographic terms, tiers in India tend
to be defined by disposable income, with all tiers
existing within each region. Surgeons can work across
tiers, but use different equipment and
infrastructures. The second and third market tiers
currently remain largely untapped.
The
availability of trained healthcare professionals is
another issue. Several government agencies have
jurisdiction over medical devices, and because the
governing body is set up for drugs, medical device
standards tend to be drug-centric, inconsistently
applied, and inconsistent with state regulations.”
(Based on an Interview with Mr Sanjay Banerjee,
Managing Director, Zimmer India by MEDTEC Europe)
http://medtec-connection.emdt.co.uk/article/healthcare-spending-india-
will-soar-interview-sanjaybanerjee-managing-director-zimmer-india
Making ‘In India,
For India’ Work
Interest towards “In India, for India” innovations is
rising, driven by growing size of the market. Also,
there are millions of un-served end-users for whom
existing products seem neither relevant nor
affordable.
R&D in
India has undergone a major transformation. Earlier,
it was dominated by Government funded and
Government-run institutions that are part of networks
like Council of Scientific and Industrial Research (CSIR)
and Defence Research and Development Organisation (DRDO).
Today,
the focus of R&D has shifted to more than 850 MNCs
that have R&D centres in India, employing around
500,000 highly-qualified scientists and engineers.
Many of these professionals have returned to India
with advanced degrees and after working in the best
global institutions and corporations. Initially, the
contributions of these centres remained invisible as
they got integrated into advanced technologies and
products for world markets. Nirmalya Kumar and Phanish
Puranam captured this phenomenon in their aptly titled
book India Inside.
Looking at India
In last
decade, there has been growing interest in these R&D
centres in what are often called “In India, for India”
innovation programmes. This trend has been driven by
the growing size of the Indian market, and the fact
that there are hundreds of millions of un-served
end-users for whom existing products seem neither
relevant nor affordable. It has been reinforced by a
need to meet the aspirations of the Indian employees
working in these centres to innovate for the local
market.
So,
what’s the future of “In India, for India,”
particularly for those companies that are in the
product domain? Last year, Vijay Govindarajan and
Chris Trimble built on their earlier work with Jeff
Immelt, Chief Executive Officer of General Electric
(GE), to advance the idea of reverse innovation.
Ref:
http://www.thehindubusinessline.com/features/weekend-life/
making-in-india-for-india-work/article4386480.ece?ref=wl_companies
Some Medical Firms
Pursuing Growth In India
Biel,
Switzerland-based Mikron Group - with plants in
Switzerland, Germany, the U.S., Singapore and China —
is now shifting its focus to two emerging markets of
Asia.
“Earlier, we were focusing more on the European
markets, but now focus is on India and China, as both
are growing markets,” said Mikron Automation regional
sales manager Harald Herrmann. “Potential is there in
India, but the degree of automation is low”
Mikron
manufactures high-precision assembly and testing
equipment. The company is targeting India’s medical
and automotive electronics sectors.
“We
have already sold two lines in the India market,”
added Harald, who is located in Laupheim, Germany.
Pawan
Urs M. a regional sales manager for quick-disconnect
maker Colder Products Co. of St. Paul, Minn., said the
market there is certainly growing, but at a slow pace.
“The
Indian medical-device market is growing slowly and is
in a nascent stage, not comparable to China,” he said.
“The high-tech medical devices are largely imported in
India. We see lot of potential in this market but it
still has long way to go.”
Colder
Products has a plant in China and a sales office in
Bangalore, India.
Joe Lui,
a marketing consultant for Hong Kong-based Zeus
Industrial Products Inc.,( with U.S. headquarters in
Orangeburg, S.C.) agreed that it is a bit too early
for some companies to establish manufacturing in
India. His company, which supplies fluoropolymer
medical tubing, prefers to begin through a
distribution channel.
“The
Indian market is growing, but we still have a very
limited client base, therefore, we have a distributor
in India to take care of the market,” Lui said.
Ref :
http://ww5.plasticsnews.com/china/english/medical/
headlines2.html?id=1355705423
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