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New scheme to strengthen India’s medical device industry to launch soon
Additionally, the Union Cabinet's approval of the National Medical Devices Policy last April is expected to further drive growth in the sector.Read more
Imports of medical device surged in India in fy23-34 to Rs 688.85 billion
This marks a 13% increase, with disposables accounting for nearly 17.6% of the growth.Read more
AiMeD urges govt action to curb soaring Medical Device Import Bill
Despite support from the Department of Pharma in the previous year, the Medical Devices Industry Proposal for Union Budget 2023-24 was overlooked, according to AiMeD.Read more
India's medical device imports surge by 21%, sparks calls for policy re-evaluation
The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more
Indian medical device makers seek extension for Class C, D device licensing
The Association of Indian Medical Device Industry (AiMED), representing domestic medical device makers, sent a letter dated September 25 to Health Minister Mansukh Mandaviya, outlining their concerns.Read more