Medical Devices Market in India 2010 - Trends and Government Involvement.pdf
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1、Medical Devices Market India (Part II) August 2010 2MEDICAL DEVICES MARKET IN INDIA 2010.PPT Executive Summary Market Trends Competition ?Medical devices market in India is pegged at INR 57.5 bn in 2009 and is expected to grow to INR 83 bn at the end of 2010 with diagnostic equipments being the lead
2、ing segment ?Growing hospital infrastructure and healthcare spending is fostering the need for high-end devices for accurate and fast treatment ?The industry has a huge influx of foreign players who have consolidated their operations in India either through establishing subsidiaries or tying up with
3、 Indian distributors ?Players in India are also increasing their manufacturing capacities and are looking at diversifying their product quality and portfolio ?Outsourcing/Relocating of manufacturing facilities ?Increasing joint ventures and tie-ups ?Various exhibitions and trade fairs Drivers Compan
4、y Websites; DNA India “In India, for India: medical device makers plug in”, Jul 2010; Livemint “GE sets up facility in Bangalore to refurbish medical equipment”, May 2009 Established Bayer Diagnostics India Ltd. (BDIL) and manufactures chemical and immuno chemical test systems, medical diagnostic eq
5、uipment (blood analyser Express Healthcare Segment “Wide Open Space- The Medical Device Market in India” Entered into a tie-up with Delhi-based S M Logistics for distributing its range of digital health monitoring devices such as digital blood pressure monitors, ultrasonic nebulisers, body fat scale
6、s and thermometers in India Proton Health Care Is a joint venture between Wipro and General Electric Company It is Indias largest exporter of medical systems and pioneered the manufacture of Ultrasound and Computed Tomography systems in India Wipro GE Medical Systems Is a joint venture between Gener
7、al Electricals and Bharat Electronics Limited and is the only manufacturer of X-ray and CT tubes in South Asia GE-BEL It is a JV between Trivitron and Italian company ET Medical Devices It will manufacture and market Cardiac Diagnostics instruments by setting up manufacturing facility at Trivitrons
8、Medical Technology Park in Chennai, India ET Trivitron Medical Technologies It expanded its exclusive dealer network globally by adding India to Asian-Pacific markets In India, vTitan Corp. (P) Ltd. has become its exclusive distributor Pyng Medical Corp. DetailsCompany 7MEDICAL DEVICES MARKET IN IND
9、IA 2010.PPT Govt. is actively conducting seminars for technology providers to implement effective solutions Source: Webptc “Proven Trade Contacts”, Nov 2009; Economic times “India holds potential in manufacture of medical devices”, Jun 2009 Indian medical device manufacturers specialize predominantl
10、y in the low end equipments as majority of them lack the expertise in manufacturing high-end devices As such, the Govt. bodies, associations and even equipment manufacturers are actively conducting seminars, summits, trade fairs and expos on state and national level to make the manufacturers aware o
11、f the techniques and exhibit their products also ? Such seminars have also boosted the influx of major manufacturers from all over the world to form joint ventures and collaborations with Indian players Major manufacturers from India and abroad attend these meetings, fairs, summits and seminars towa
12、rds creating awareness regarding international standards of manufacturing and the specifications to be maintained towards improving the quality of the devices Various exhibitions and trade fairs Trade fairs Dance with Shadows “Medical devices manufacturing guidelines finalized in India”, Jun 2009 It
13、 is the authority regulating medical devices in India under Ministry of Health and Family Welfare (MoHFW) It lays down rules, standards and approves import and manufacturing of drugs, diagnostics, devices, and cosmetics Establishes standards and regulations for drugs, blood and blood products, intra
14、venous fluids, and vaccines Companies must register all their products with the CDSCO before its products can be introduced into the Indian market It issued a Gazette Notification S.O. 1468 (2005) that declared 10 categories of sterile devices to be considered as drugs under Section 3 (b) (iv) of th
15、e Drug and Cosmetic Act (DCA) In late 2008, Drugs Controller General of India (DCGI) prepared an expanded list of medical devices which require registration The list now includes over 160 medical devices Currently working on a road map to include current status review as well as guiding principles o
16、f medical devices and a regulatory process implementation phases to make it an all inclusive process Central Drug Standard Control Organization (CDSCO) Act and Regulatory status of CDSCO The Central Licensing Approval Authority (CLAA) Serves as the main regulatory body for medical devices that will
17、classify medical devices, and any manufacturer seeking a less stringent classification must justify it to the CLAA The Drugs AIMED “15000 cr Indian Medical Devices Market unifies the Industry”, Jan 2009 Association of Indian Medical Device Industry (AIMED) Its an association formed to represent the
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