M/s. nice Neotech Medical Systems Pvt. Ltd., was established in the year 1997. nice stands for Neonatal Intensive Care Equipment, which aptly amplifies the objectives of the organization.
The company started with one product called the infant radiant warmer in 1997 and today has all ranges of neonatal equipment including around 30+ products, which covers the requirements of neonatal, infant, and pediatric, and provides the complete NICU layout with complete range of products; it is characterized by innovative drive and a pioneering spirit. We designed products to meet the everchanging complex needs of the healthcare industry. The products are user friendly, have a long life, and have nine layers of safety for the protection of infants, and are cost-effective/value for money. The company has presence all over the country and we export our equipment to almost 20 different countries in the world.
Our vision: nice Neotech shall be leading the world in the neonatal segment with the complete range of neonatal segment products; in the next 10 years we will have a team of around 1000 talented people, business volume shall be `5 billion, and the company shall be among the best working places. We are in continuous pursuit to innovate and provide the highest quality products and services to make neonatal needs affordable and accessible to everyone across the globe. We focus on creating a new generation of medical devices in the neonatal segment which meet all the parameters with simple technology and low-cost maintenance.
The Indian medical device market is growing steadily. It was valued at USD 3.5 billion in 2015 and could expand to approximately USD 4.8 billion by 2019. As India’s economic, healthcare, and social landscapes evolve, its medical device market emerges as a promising opportunity for foreign manufacturers. We are much focused as the Indian medical devices industry has a huge potential to grow into a medical devices manufacturing hub globally and will also significantly contribute to the GDP of the country which will result in fulfilling the government’s vision of healthy India. We are open to work with a likeminded strategic partner in the medical device industry.