The healthcare and medical devices sectors has grown significantly in the last decade. The current pandemic situation has converged the entire medical industry and academia in a never-seen-before momentum. It has led to mass production of innovative medical products along with awareness of diagnosis and diagnostic tests that will help improve the quality of health in the future. The COVID-19 pandemic has changed the contours of healthcare.
Policy makers in India will need to set out an action plan to reduce the country’s dependency on medical devices/technology imports. At present, NITI Aayog is reportedly drawing up a strategic roadmap for medical devices, similar to the incentive package that gives sizable capital subsidies for the electronics business, which helps boost local production of cell phones in the country.
Medical devices companies should develop India as a manufacturing hub for domestic and international markets, undertake India-based innovation in combination with indigenous manufacturing, collaborate across the Make in India and Innovate in India schemes, and produce low- to medium-technology products to cater to the underpenetrated domestic markets.
In July 2021, the government announced to build a medical park in UP, which is expected to generate an estimated ₹500 crore business in the state.
In June 2021, the Quality Council of India and the Association of Indian manufacturers of Medical Devices launched the Indian Certification of Medical Devices (ICMED) 13485-plus scheme to undertake the verification of the quality, safety, and efficacy of medical devices. This sector has attracted significant investment over the year.
The pandemic’s unprecedented situation has brought the MedTech industry to the fore of healthcare systems. Today, some of the most significant advancements are in medical devices. Researchers apply technology from outside of medicine to make methods more accurate. At the same time, hospitals and medical professionals are taking advantage of new developments. These developments and new medical devices are a boon for multi-specialty hospitals like Aditya Birla Memorial Hospital, resulting in smoother operations. New medical devices make it possible to detect severe conditions earlier than before, allowing doctors to provide better treatment and save more lives.
New improved patient-monitoring devices are essential hospital equipment, which provides nurses and doctors with the information needed to make the best possible decisions, especially in an emergency. It helps in monitoring a greater number of patients and reduces legwork making the operations of the hospital smoother.
Advanced medical technology like telemedicine removes barriers and allows the doctor to consult and treat patients in remote areas too and makes advanced medical treatment available for patients. Remote surgery using robotics has made medical operations also possible without having the patient to travel. Advancements in medical technology are lifesavers, e.g., pacemakers.
The latest medical device advances are improving healthcare outcomes, and making treatment more affordable and convenient.
At Aditya Birla Memorial Hospital, we have been adapting new medical devices to provide the best possible treatment to our patients. We have been investing majorly in upgrading the devices and adapting new technology. We are working toward the use of artificial intelligence, robotics to assist terminally ill patients as it is the need of the hour during these tough times.
The hospital has designed a new pediatric intensive care unit and is also planning advance hybrid Cathlab, dedicated specialized scopey suites, dedicated transplant operation theater and ICU. Our objective is to provide the best possible technology and infrastructure with specialized medical advice for improved healthcare outcomes.