Archive for November, 2011

India Has Potential to Become Global Hub for Generic TB Diagnostic Products

Wednesday, November 23rd, 2011

India accounts for almost a quarter of tuberculosis cases and 25% of multidrug resistant (MDR) cases in the world, yet there has not been any attempt to produce an innovative diagnostic test for TB on the subcontinent. The diagnostic test that is currently used by the Indian TB programme (RNTCP) for ...

Bedside Innovation Made in India

Tuesday, November 22nd, 2011

Sundaram Medical Devices (SMD) is building a better bed for India's hospitals. A Chennai-based start-up, SMD has applied for 11 separate patents on products ranging from ordinary ward to ICU beds and manual to electronic beds. Last year, SMD won the Harvard Business School competition for new ventures, competing against 70 ...

Medical Devices India Conference Examines Evolving Structure of Local Medtech Industry

Tuesday, November 22nd, 2011

India's medical device and equipment market is expected to reach US$6.41 million by 2014, growing 15.5% annually. The market has opened up for importers, MNCs as well as indigenous manufacturers. Driving this growth is increased awareness and affordability coupled with an expanding patient pool and ever-growing export demands from Western ...

Indian Medtech Summit Will Bring Together Healthcare Stakeholders in Delhi in December

Tuesday, November 15th, 2011

The fifth annual Indian Medtech Summit will be held in New Delhi on 5 December 2011. The annual summit brings together thought leaders of the emerging medical technology industry in India. The summit’s objectives are to understand the current state of the industry, to identify issues facing it and to ...

India’s Medical Device Market Poised for Double-Digit Growth During Next Five Years

Sunday, November 13th, 2011

The Indian medical device market is booming, writes emerging markets analyst Ames Gross in the current Consultants Corner. Currently valued at approximately US$3 billion, India's medtech market is expected to grow 12% to 16% during the next five years, according to Gross, president and founder of the Pacific Bridge consultancy. ...

MEDTEC India’s Prescription for Success

Friday, November 11th, 2011

This year’s inaugural MEDTEC India Exhibition and Conference (Nehru Centre, Mumbai, October 19 and 20) was a resounding success, with more than 400 high-quality visitors enjoying all the developments on show and being discussed at the accompanying conference. The exhibitors, who displayed myriad medical device manufacturing technologies including joining, automation, electronic ...