He has given indepth explanation for three Industry
proposals :
1. Healthcare expansion by ramping up government
spending on Healthcare.
2. Single window regulation for Medical Device related manufacturing
3. Economic incentives and rationalized duty structure.
He has also emphasized that, “Besides affordability
of healthcare (which is currently 75 per cent out of pocket), the three pillars
of medical technology remain safety, quality and efficacy of devices”.
The editorial article on “ Growth Dynamics For
Indian Medical Device Industry” highlights - unavailability of right quality raw
materials & components , lack of skilled workers and capacity to implement
quality needs as issues of critical importance. The article also introduces a
report for Mexico analyzing the “Roadmap for the Medical Device Industry” which
suggests various “Supplier Development” activities. It also shares opinions of
various Industry leaders on the subject as part of the previous survey carried
out by “MEDICAL PLASTICS DATA SERVICE”.
We are also happy to mention that, “The Department of Pharmaceuticals” has
proposed that the domestically sourced components have to contribute 25 – 50 %
of the cost of medical devices procured by the government. “On draft of the
proposed guidelines , created to give preference to products made in India, DOP
has sought comments from all stakeholders”.
“AiMeD” has also urged Government to take policy
decisions to boost Domestic manufacturing & to make healthcare affordable in
India. In another such development, The quality council of India (QCI) alongwith
UL has initiated efforts to further quality ecosystem in the country through
standardization in Medical Devices also with an objective to “Build Brand India”
in Medical Devices. One more positive development is the guidelines issued by
the Union Health Industry for grouping Medical Devices in oder to streamline the
application process for obtaining manufacturing or importing licence.
Along with the newly initiated column, “AiMED &
Regulatory Updates”, this issue highlights Global Trends, Industry News,
Materials, Products Gallery “Important Events as well as our regular
enlightening column, ”Did You Know ?”..
D.L. Pandya
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