ADMI Urges Govt to Scrap Inverted Duty, Reconsider Refurbished Devices in Budget 2024-25 January 22, 2024 The industry body has presented a comprehensive list of demands to the Central government, urging prompt action to bolster the medical devices sector.
MTaI Appeals for Customs Duty Reduction on Medical Devices to Enhance Affordability January 18, 2024 The Medical Technology Association of India (MTaI) has called on the Finance Ministry for a reduction in customs duties on non-substitutable medical device imports.
ICMR Initiates Revision of National Essential Diagnostics List January 16, 2024 The ICMR document highlights that the list has been integral to the Free Diagnostic Service Initiative (FDSI) of the National Health Mission (NHM) since 2019.
AiMeD Writes to FM Asking Action to Curb Surging Imports January 16, 2024 AiMeD highlighted that imports have consistently exceeded INR 60,000 Cr for the past two years, and a further 20% increase is anticipated in the current year.
Kokilaben Dhirubhai Ambani Hospital Introduces HIFU Technology for Prostate Cancer Treatment January 10, 2024 The precision of HIFU technology allows preserving surrounding tissues, minimising long-term side effects such as incontinence and impotence, and preserving patients' overall quality of life.
Omron Targets a 20% Penetration Rate by 2030 in the Indian Blood Pressure Monitor Market January 4, 2024 Anticipating a surge in demand driven by an ageing population and changing lifestyles, the company aims for a 20% penetration rate in India by 2030.
Govt Launches National Single Window System Portal to Streamline Medical Device Approvals January 3, 2024 The newly launched system started operations from 1st January, 2024 .
Medical Devices PLI Scheme Records INR 879 Cr+ Investments till Sep 2023 January 2, 2024 Launched in July 2020, the PLI scheme seeks to bridge the manufacturing gap in medical devices within the country compared to other economies.
IIT Madras Develops 3D-Printed Face Implants for Black Fungus Patients December 27, 2023 Under the #Right2Face campaign, IIT Madras researchers are identifying patients who cannot afford costly imported implants and providing them with these implants free of charge.
Tynor Unveils Manufacturing Facility in Punjab with INR 800 Cr Investment December 27, 2023 The newly inaugurated facility, covering an expansive area of 240,000 square feet, reflects a significant expansion for Tynor.
Medtronic India Launches Symplicity Spyral System to Tackle High Blood Pressure December 26, 2023 The minimally invasive procedure targets nerves near the kidneys that can become overactive, leading to elevated blood pressure.
Vijaya Diagnostic Acquires PH Diagnostic for INR 134.65 Cr December 22, 2023 The decision was formalised during a board meeting held on Tuesday, where the terms and conditions of the share acquisition agreement were unanimously approved.