WHO Partnership to Boost India’s Healthcare Innovation

WHO Partnership to Boost India’s Healthcare Innovation

The Indian government has announced a significant step towards establishing the country as a world leader in health care Innovation. A new alliance with the World Health Organization (WHO) will focus on the production of medical devices.1✔ ✔Reliable sourceUnion Minister Dr Jitendra Singh congratulates WHO for signing MoU with India for manufacturing medical devices Go … Read more

Pre-Budget 2024: Mapping Growth for India’s Medical Devices Sector

Pre-Budget 2024: Mapping Growth for India’s Medical Devices Sector

The medical device industry in India is witnessing remarkable growth, with revenue in 2023 reaching approximately ₹1,04,760 crore (US$12.8 billion). Forecasts suggest that India could reach US$50 billion by 2030 at a CAGR of 16.4%, underlining immense potential.) Key developments for 2023 include initiatives such as the National Medical Device Policy 2023 (NMDP 2023) and … Read more

Microsoft’s AI health ecosystem to contribute 31% CAGR in healthcare AI space: GlobalData – ET HealthWorld

Microsoft’s AI health ecosystem to contribute 31% CAGR in healthcare AI space: GlobalData – ET HealthWorld

London: In recent years, the integration of artificial intelligence (AI) in the healthcare and lifesciences (HLS) industry has surged, promising transformative impacts on patient care, research, and operational efficiency. At the recently held 2024 Healthcare Information and Management Systems Society Global Health Conference and Exhibition, Microsoft announced that it will be further integrating AI in … Read more

Medical devices cybersecurity market expected to reach $1.1 billion by 2027: GlobalData – ET HealthWorld

Medical devices cybersecurity market expected to reach .1 billion by 2027: GlobalData – ET HealthWorld

London: The rapid integration of new technology and digital health devices into healthcare systems has revolutionised patient care and diagnostic processes. However, the increased reliance on these devices has also exposed the healthcare industry to cybersecurity threats. According to the recent report, Cybersecurity in Medical Devices, the market for cybersecurity in medical devices is expected … Read more

AI to drive medical devices industry to $1.2 bn in 2027: Report – ET HealthWorld

AI to drive medical devices industry to .2 bn in 2027: Report – ET HealthWorld

The report by GlobalData, a data and analytics company, showed that it’s driven by the demand for healthcare systems to reduce time, costs, and missed detections when diagnosing a growing number of patients with complex profiles. “A common use of AI in healthcare has been in diagnostic settings, where the speed and accuracy of diagnosing … Read more

Increasing accessibility and affordability of healthcare in India through medtech innovations – ET HealthWorld

Increasing accessibility and affordability of healthcare in India through medtech innovations – ET HealthWorld

By Anish Bafna In recent years, India has become a leading center for medical technology and innovation. The healthcare system faces numerous challenges in providing accessible and affordable care to a diverse population. To increase accessibility and affordability, there is an urgent need to invest in identifying the unique gaps in our marketplace and solving … Read more

National Medical Devices Policy, 2023 Approved by the Union Cabinet

National Medical Devices Policy, 2023 Approved by the Union Cabinet

The approved National Policy for Medical Devices 2023 facilitates an organized growth of the medical device sector to face the public health intentions of access, affordability, quality and innovation. National Policy on Medical Devices 2023 The policy establishes a roadmap for the accelerated growth of the medical device sector to achieve the … Read more

IISc’s tiny new device to store enormous energy has uses from streetlights to e-Cars – ET HealthWorld

IISc’s tiny new device to store enormous energy has uses from streetlights to e-Cars – ET HealthWorld

Bangalore: Researchers from IIScinstrumentation department applied Physic (IAP) have designed a novel ultra-micro supercapacitora tiny device capable of storing an enormous amount of electrical charge. According to the institute, the new device is much smaller and more compact than existing supercapacitors and can potentially be used in many devices ranging from street lights to consumer … Read more