Dr Mandaviya the Union Ministers of Health and Family Welfare and Chemicals and Fertilizers launched ‘MedTech Mitra’, in a virtual ceremony, a strategic initiative designed to empower medical technology innovators.
Speaking at the event, Dr Mandaviya said, “Medical devices are an integral part of the Indian healthcare ecosystem.”
He added, “India is embracing a multi-faceted approach to health and has a vision to revolutionize the health system by 2047.”
Let’s understand what is “MedTech Mitra”, its role and its vision for the future.
What is MedTech Mitra?
MedTech Mitra is an innovative platform assisting young talents in medical technology by providing help in their research, knowledge, and reasoning while providing essential support for obtaining regulatory approval.
Under the NITI Aayog’s Atal Innovation Mission, the Indian Council of Medical Research (ICMR) and the Central Drugs Standard Control Organisation (CDSCO) will coordinate the portal.
Access the official website of MedTech Mitra from here.
Role of MedTech Mitra
As an initiative aiming to reduce the barriers faced by innovators in bringing their innovations to the market, MedTech Mitra empowers emerging startups to create value, ensuring the ease of doing research and development, as well as the ease of rendering services to build an Atmanirbhar Bharat.
MedTech Mitra isn’t just a platform, it’s an ecosystem and community that is driving transformative change, said the Union Minister for Health and Family Welfare.
He also added, “To completely transform the way healthcare is delivered in our country, we need to harness the power of indigenous technologies that are precise and affordable”.
So, this initiative seeks to bring together different players in the field of medical technology to strengthen collaboration and drive innovation in the health industry.
India’s Hostilic Approach and Vision for Future
India’s healthcare sector is largely dependent on the medical devices sector.
However, pursuing the vision of Viksit Bharat, India is taking a holistic approach to health and transforming the country’s health landscape by 2047.
Despite the sector’s 80% import dependence, the Union Health Minister highlighted the substantial progress made through production-linked incentive schemes, investments in medical drug parks, and the implementation of MedTech research policies.
In addition to reducing reliance on imports, MedTech Mitra’s collaborative approach will lead the nation to develop affordable and high-quality medical devices on its own.
By 2030, Dr Mandaviya expects the MedTech sector in India to reach $50 billion in revenue.
Technology advancements such as Robotics, Artificial Intelligence, Big Data, Virtual Reality, and Nanotechnology have driven a rapid transformation in India.
He emphasized the necessity of proactive support at the approval stage to achieve India’s self-sufficiency vision.
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Medical devices have been classified into four categories A, B, C and D based on the level of risk associated with the device.
A thermometer falls under the low-risk category, while pacemakers, heart valves, and others fall under the high-risk category.
The devices are further classified as surgical or non-surgical devices based on their nature. Obtaining Class A devices license are easier than Class D devices.
So, if you are importing any medical device from class A to D and looking for medical device certification then Vincualr is your one-stop destination for regulatory needs.
Vincular is a regulatory compliance company assisting domestic and international brands, manufacturers and OEMs to seamlessly enter the Indian market.
Additionally, Vincular provides certification, testing and consulting services for diverse industries including BIS, BEE, ARAI, PESO, and FSSAI, as well as waste management.
Conclusion
The launch of MedTech Mitra marks a milestone in India’s healthcare journey and is expected to boost innovation and strengthen India’s ability to manufacture quality medical devices locally.
This strategic initiative reflects the government’s drive to push innovation, decarbonize the economy, and lead India towards self-reliance in the vital MedTech sector.
Explicitly stating the challenges innovators face in bringing innovations to market, MedTech Mitra assists innovators in clinical evaluations and compliance with regulatory requirements.
As part of building an Atmanirbhar Bharat, MedTech Mitra will empower emerging start-ups and facilitate easy innovation, research, and development.
What are your thoughts about MedTech Mitra and do you believe it will make a positive impact on the healthcare industry?
Let us know in the comment section.
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