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Polity & Governance
Mahesh

27/04/23 06:57 AM IST

Policy for the Medical Devices Sector

In News
  • The Union Cabinet recently approved the National Medical Devices Policy, 2023, which aims to reduce India’s heavy import dependence in this sector ( 75-80% currently).
Salient Features of the policy
  • Currently about 75-80% of medical devices are imported in India and with this scheme the government will enhance India’s manufacturing capacity. It is also essential to enhance indigenous capacity as there is a growing demand for affordable quality medical devices.
  • The National Medical Devices Policy, 2023 is expected to facilitate growth of the medical devices sector to meet the public health objectives of access, affordability, quality and innovation.
  • According to the government data, the market for medical devices in India was estimated to be $11 billion (approximately, ₹ 90,000 crore) in 2020, accounting for 1.5% of the global market.
  • Policy lays down a roadmap for accelerated growth of the medical devices sector to achieve the following missions viz, Access & Universality, Affordability, Quality, Patient Centred & Quality Care, Preventive & Promotive Health, Security, Research and Innovation and Skilled manpower.
  • The establishment and strengthening of large medical device parks, clusters equipped with world class common infrastructure facilities in proximity to economic zones with requisite logistics connectivity as envisioned under the National Industrial Corridor Program
  • The policy envisages to promote Research & Development in India and complement the Department’s proposed National Policy on R&D and Innovation in the Pharma- MedTech Sector in India.
  • In order to have a steady supply of skilled work force across the value chain such as scientists, regulators, health experts, managers, technicians, etc., the policy envisages-
  • For skilling, reskilling and upskilling of professionals in the medical device sector, we can leverage the available resources in Ministry of Skill Development and Entrepreneurship
  • The policy will support dedicated multidisciplinary courses for medical devices in existing institutions to ensure availability of skilled manpower for futuristic medical technologies, high-end manufacturing and research, to produce future-ready MedTech human resources.
Significance
  • The policy is expected to provide the required support and directions to strengthen the medical devices industry into a competitive, self-reliant, resilient and innovative industry that caters to the healthcare needs of not only India but also of the world.
  • The National Medical Devices Policy, 2023 aims to place the medical devices sector on an accelerated path of growth with a patient-centric approach to meet the evolving healthcare needs of patients.
Source- PIB

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