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Indian excellence  –  global acceptance

To address the need of growing healthcare market and changing dynamics in the healthcare industry, Polymed is investing in new technologies and enhancing its R&D capabilities to deliver high quality medical devices.

Polymed is a leading Indian manufacturer of medical devices with focus on innovation, safety, and quality. The company has served the medical fraternity for over 24 years. Since 1997, the high-quality standards of our products continue to make us the preferred choice of healthcare professionals in over 110 countries.

Technological advancements in the medical devices sector plays a significant role in reducing costs, which is critical to make healthcare services more affordable and accessible globally. Since inception Polymed is working toward offering innovative and top-notch quality products at affordable costs to the patients and healthcare providers. These products are manufactured with utmost care and safety at our nine ultramodern manufacturing facilities present across four countries. These plants are equipped to manufacture over 3.5 million medical devices per day, which includes many patented devices confirming to latest global norms. Polymed owns more than 300 patents and continues to file more for new technologies and devices. Some of our laurels include Forbes “Asia’s 200 Best Under A Billion” list of 2020, “Medical Device Company of the Year 2018” by the Department of Pharmaceuticals Ministry of Chemicals & Fertilizers – Government of India and one of the top “25 Innovative Companies” by CII in 2019. Polymed has also been awarded the coveted “Top Exporter Award” by PLEXCONCIL (Plastic Export Promotion Council) for 8 years in a row.

Polymed produces more than 150 different types of medical devices. Currently, our product offerings are in the areas of infusion and vascular access, dialysis and renal care, diagnostics, transfusion system and oncology.

Polymed is focusing on faster growing segments like renal care and diagnostics. Renal is going to be a big focus area for us as the dialysis market in India is expected to reach USD 225 million in 2025. We are looking at each of our vertical to grow and plan to launch new products taking deep dive to address the pain points of both healthcare professionals and patients. Polymed has achieved a unique position for itself as an Indian manufacturer to have a comprehensive range of products that are efficiently backed by a patient-centric approach. Our priority now is to collaborate and work closely with all stakeholders such as the government, private sector as well as the medical research fraternity.

As the COVID-19 pandemic disrupted nearly every aspect of life, we have customized our strategy, structure, processes, people, and technology to leverage the opportunities and mitigate challenges.

The current situation has further accelerated the philosophy behind our strategies of collaboration, agility, and resilience. The flatter decision-making structures we adopted during the crisis have proved to be faster and more flexible. People in the organization have taken bigger responsibilities and are empowered to take quick decisions.

We have embraced various digital mediums to improve our supply chain process and cope up with unpredictable business needs raised by the pandemic.

During the second wave of COVID, the need for respiratory care products greatly increased and Polymed’s team responded with great agility to ramp up production capacity from 3-4 times in less than 3 weeks. Medical oxygen in India was in severe shortage as the country grappled with a deadly second wave of the pandemic. Giving a new definition to sharing is caring, Polymed engineers swiftly developed Y connector to enable oxygen supply to two patients at the same time from one oxygen cylinder.

Polymed also continued to supply VTM kits, N95 masks, and other essential products to contribute in the fight against COVID. Inspite of all the challenges, our people across functions were committed to ensure the continuity of production and uninterrupted supplies of our products.

I can proudly say that Polymed’s team has actively and successfully contributed toward India’s fight against COVID-19 and will continue to support the healthcare fraternity to fight off this challenge.

We continue to focus on our vision to serve people through innovative healthcare solutions and make medical devices more affordable for the global community. Our core values are defined by learning, integrity, inclusivity, care, and ownership.

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