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Health technology enabling improved consumer opportunity and health outcomes connecting the last mile
Mar 11, 2021

We need to think of a holistic SEZ for all our capabilities in terms of medical devices, AYUSH, modern medicine & R&D integrated in one place: Shri Suresh Prabhu, Member of Parliament, Rajya Sabha and, India’s Sherpa – G 7 & G 20

The GoI is keen on developing a National Single Window System with Invest India where all details will be uploaded on a single platform: Dr S.Eswara Reddy Joint DCGI CDSCO

The importance of medical devices and health technology has been realized in this manner towards prevention, treatment and management of disease. Most industries have experienced rapid technological innovations over the last decade, and the ongoing pandemic has helped accelerate the process of the adoption of technology in the healthcare domain. The government of India’s Aatma Nirbhar Bharat has called for India to be self-reliant and to this, it is imperative that the nation builds sustainable operations in the healthcare domain. CII is organising the Health Tech Conference 2021 on “ Building Sustainable Health Technology for Aatma Nirbhar Bharat” from 11-12th March 2021 to deliberate on cohesive strategies, cross sectoral policy dialogues and strategic exchanges that can transform the Health Technology sector and propel its growth.

Addressing the inaugural session Shri Suresh Prabhu, Member of Parliament, Rajya Sabha and, India’s Sherpa – G 7 & G 20 highlighted the importance of a strong public health delivery system. More public health spending acts as preventive care for health, where increased spending ensures that we address issues that may happen over the long run. India is in the midst of a fabulous opportunity, as the nation is recognized in the pharmaceutical domain, not only for formulations but also developing our own molecules. We should create a holistic Special Economic Zone, which is an integrated complex of all our capabilities in terms of medical devices, modern medicine, R&D, AYUSH and providing backend support where the government acts as a facilitator. It is also imperative that Health Tourism be at the forefront, as the Government of India has allotted 5000 crores to the program for the development of this sector. As there is a renewed focus on public health globally, India is well poised to take advantage.

Ms S Aparna, Secretary, Department of Pharmaceuticals spoke on digitization reaching the last frontier of human endeavor with developments in healthcare. The med-tech and health technology space has evolved through rapid innovation in the last coupler years, where we have seen frugal innovation in India which has helped the nation to counter the challenges thrown by the pandemic. Technology is impacting the healthcare sector in a number of ways; we have telemedicine and telediagnostics, the use of AI & robotics and data analytics is another area where India is developing and has immense potential to continue to develop. The third areas is remote monitoring of patients, and the fourth is personalized therapy, medicines and wearables. We need to create a strategy for the healthcare domain based on four aspects; Availability, Accessibility, Quality and Affordability.

India, besides being the pharmacy to the world can also be a provider of medical technology to the world stated Dr Naresh Trehan, Chairman CII Healthcare Council, and Chairman & Managing Director Medanta – The Medicity In order to achieve this, we need to start accumulating technology to Make in India. The next step would be to design in India.

Mr Himanshu Baid, Chairman, CII National Medical Technology Forum & Managing Director, Polymedicure Limited expressed that technology infusion along with infrastructure development will help increases accessibility, affordability and availability of healthcare services. Technology is providing the healthcare systems with innovative solutions that are desperately needed.

(Continued in part 2)

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