With the Prime Minister’s recent clarion call of ‘Atmanirbhar Bharat’, bolstering domestic manufacturing of medical devices will play a crucial role in empowering the country’s vital healthcare and medical devices industry post-Covid-19 era. Taking further the objective to highlight growth opportunities and latest developments in this field, Messe Frankfurt India has announced the Medical Device Innovation Summit launch, which will take place on 29 August 2020 through a live virtual session.
India’s response to the on-going pandemic through building a robust supply chain of test kits, ventilators among other innovative medical and diagnostics tools, has shown the nation’s agility in scaling up manufacturing of indigenous products. According to reports, the Indian medical device industry, which is currently estimated at US$ 11 billion (approximately Rs 80 thousand crore), is poised for significant growth in the next five years.
Bringing together medical equipment suppliers, consultants, solution providers, hospitals, and the medical fraternity on one platform, the webinar aims to enable the stakeholders to work closely together and identify new growth opportunities. While the over-arching theme will bring attention to the Indian medical device industry post-Covid-19 and opportunities ahead, the sessions will highlight the rise of telehealth and other digital health platforms and cohesive strategies to realize universal health coverage.
Messe Frankfurt India said that it has been actively involved in tracking industry growth and addressing rising concerns on counterfeit products in the pharmaceutical industry through its Pharmasafe India conference and webinar series.
With plans to launch the Medical Device Innovation Summit as a large-format Confex in 2021, Raj Manek, executive director, and board member, Messe Frankfurt Asia Holdings, said, “The Indian pharma industry has established a leadership position in the global pharmaceutical market. With the support of a robust domestic medical device industry, India can showcase strong competitiveness and gain a renewed focus towards the improvement of its health infrastructure. We hope the discussions can make way for identifying new opportunities and enabling access to safe and affordable healthcare in the country.”
Details of the webinar
Date – 29 August 2020
Time – 2 to 3:30 PM IST
Please click here for registeration
The summit has drawn support from the Association of Indian Medical Device Industry (AIMED), Association of Diagnostics Manufacturers of India (ADMI), Andhra Pradesh MedTech Zone (AMTZ), Digital Health India Association (DHAI).