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Medical Devices-The Next Big Story After The It Boom PowerPoint Presentation

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Description : Check out this medical PowerPoint presentation titled "Medical Devices: The Next Big Story After the IT Boom" by DR RAJIV CHHIBBER.

This medical PowerPoint presentation tells us how AiMeD is working closely with Govt. of India, Dept. of Pharmaceuticals, Ministry of Health and Family Welfare, Ministry of Commerce etc., as a facilitator between the government and the medical device manufacturers for ramping up capacity and addressing production bottlenecks.

Tags : Medical Devices, AiMeD, pharmaceuticals, pharmaceuticals PowerPoint presentations

Published on : Jun 23, 2023 | Views : 1642 | Downloads : 0

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Slide 1-

The 50 Billion+ $ Investment Opportunity Medical Devices: The Next Big Story After the IT Boom.. DR RAJIV CHHIBBER| JOINT FORUM COORDINATOR |AIMED & VICE PRESIDENT EXTERNAL AFFAIRS SAHAJANAND MEDICAL TECHNOLOGIES PVT LTD. RAJIV.CHHIBBER@SMT.IN
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ASSOCIATION OF INDIAN MEDICAL DEVICES AiMeD is an umbrella association of Indian Manufacturers of Medical Devices. With a primary membership of over 350 manufacturers and 200+ associate members representing the interest of over 1200 manufacturers. The dark cloud of COVID-19 has one silver lining - 'Make In India' of medical devices has become a valued entity. Currently working closely with Govt. of India, Dept. of Pharmaceuticals, Ministry of Health and Family Welfare, Ministry of Commerce etc., as a facilitator between the government and the medical device manufacturers for ramping up capacity and addressing production bottlenecks.
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The MedTech Segmentation HMD Medico Electrodes Kanam Latex G. Surgiwear MRK Romsons Polymedicure Healthium BL Lifesciences Tynor Orthotics Trivitron Healthcare Allengers Medical BPL Skanray ITPL Midmark Remi Cura Shivani Phoenix DISPOSABLES CONSUMABLES ELECTRONICS EQUIPMENTS SMT Meril Appasamy Aurolab Biorad Medisys Pitkar Transasia Trivtron Meril Agappe Mitra Industries ASCO Alan Electronic HMD Quality Needles EndoMed Technologies IMPLANTS DIAGNOSTICS INSTRUMENTS
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EXPORT SUMMARY OF MEDICAL DEVICES Electronics & Equipments 40.9% Consumables 32.8% Disposables 18.2% Implants 3.2% Electronics & Equipments 43.6% Consumables 28.1% Disposables 18.9% Implants 4.1% 1.32 Billion $ FY 2015-16 2.15 Billion $ FY 2019-20 IVD Reagent Surgical Instruments
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BEFORE & AFTER COVID COMPARISON (TOTAL NUMBER OF MANUFACTURERS) PPE Gloves Ventilators Sanitizers Goggles Masks Swabs RNA Extraction Kit Diagnostic Kit Covid 19 Test Kit 150 100 50 0
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MAKE IN INDIA - ACHIEVEMENTS Kalam Institute of Healthcare established at Vizag ICMED (Indian Certification of Medical Devices by QCI) Voluntary training program. Medical Devices Rules 2017 Ensured price caps on stents and knee implants Established medtech parks at Vizag & Hyderabad Indian Biomedical Skills Development Consortium Amendment of legal metrology (packaging commodities) rules Executed workshops on CE, ICMED, MDR 17 in multiple cities
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WHAT WE'VE DONE RIGHT Separate act under drafting to regulate all devices under MDR'17 MAKE IN INDIA PATIENT SAFETY REGULATORY MEASURES All medical devices under drugs act under Medical Devices Rules wef April '20
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THE 15+ BILLION $ MEDTECH MARKET TARGETING : 1200 TECHNICAL COLLABORATIONS @5 M FOR INDIAN INVESTORS FOR $6 BILLION 200 JOINT VENTURES @10 M BY OVERSEAS FOREIGN INVESTMENT $2 BILLION 50 MNC'S @40 M FOR $2 BILLION THE 10+ BILLION $ INVESTMENT OPPORTUNITY
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MAKING MANUFACTURING IN INDIA HAVE A COMPETITIVE ADVANTAGE #1 Business VIABILITY #2 Public Procurement #3 Private Healthcare Marketing #4 Quality Credibility #5 Product Development Strategic Advantage in ...
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