Budget 2023: AiMeD recommends increasing custom duty on import of Chinese medical device
China remained the top import source for India as medical device imports from China grew 48 per cent from Rs 9,112 crore in 2020-21 (FY21) to Rs 13,538 crore in 2021-22.
Jan 14, 2023, 07:57 AM ISTOver 100 crore spent for maintenance of medical devices: J P Nadda
According to Nadda, there were 756,000 equipment in 29,115 government medical institutions in India. However, 4,560 medical devices are not working.
Sep 20, 2017, 19:01 PM ISTSoon, battery-free medical implants powered by body's fluids
Now, researchers from University of California, Los Angeles (UCLA) and the University of Connecticut in the US propose storing energy in those devices without a battery.
May 13, 2017, 00:50 AM ISTResearcher develops flexible glass for tiny medical devices
Researchers have developed a new way to make the normally brittle material of glass bend and flex.
Mar 24, 2017, 23:43 PM ISTThis new way will prevent spread of infections on medical devices
Researchers have discovered a new way that will prevent the bacteria from spreading the infections on medical devices such as hip replacements or heart valves implanted in the human body.
Mar 21, 2017, 23:01 PM ISTMedical devices market likely to grow to $8.6 billion by 2020
Domestic medical devices market is estimated to grow organically at 15 per cent to USD 8.6 billion by 2020 and industry estimates indicate a much larger potential to grow to USD 50 billion by 2025, says a report
Mar 20, 2016, 12:04 PM ISTOverpriced medical devices: Govt asks companies to submit MRP details
Amidst reports of rising prices of medical devices including stents, the Government has asked the companies to review their pricing and submit maximum retail price (MRP) details of their products to drug price regulator NPPA.
Nov 25, 2015, 18:19 PM ISTCritical medical devices vulnerable to hacking, warn experts
Security researchers warned that thousands of critical medical systems, such as MRI machines, are vulnerable to hacking, creating significant health risks for patients.
Sep 30, 2015, 14:36 PM ISTGovt aims to raise domestic medical devices industry to $50 bn
Government is aiming to increase the size of domestic medical devices sector to USD 50 billion by taking of a slew of measures, including setting up of two parks, Fertiliser Minister Ananth Kumar said Wednesday.
Apr 08, 2015, 22:01 PM ISTBudget: Govt may announce incentives for medical devices sector
In its Budget proposals, the Commerce and Industry Ministry has suggested to Finance Minister Arun Jaitley to increase import duty on medical devices product, including syringes and pacemaker.
Feb 22, 2015, 12:10 PM ISTMedical devices could be a $30 bn industry in 10 yrs: AdvaMed
Currently, the size of medical device industry in India is estimated to be around USD 4 billion and represents just 7-8 per cent of the total healthcare industry, he added.
Feb 19, 2015, 19:25 PM IST