1Medical Technology Department, Symbiosis Institute of Health Sciences, Symbiosis International University, Pune, India
2Symbiosis Society, Pune, India
Online published on 9 January, 2019.
Technologically advanced solutions for treatment of diseases, scientific rigor & research has seen tremendous growth in therapeutic usage of medical devices [1]. The role of ‘Make in India’ initiative becomes of utmost importance as a driving force for technological advancement of medical devices industry [2]. However, challenges exists & need to be addressed in providing affordable healthcare by producing medical devices that are cost competitive and effective to increased access [2]. Asian Countries like Japan, China and South Korea are foremost in the Medical devices sector [3].
This paper probes the sustainability of ‘Make in India’ policy with the growth trajectory of Asian countries in medical devices discusses; ways of overcoming challenges through regulations, policies and other stakeholders contribution.
Medical device, Make in India, Growth trajectory, Sustainable model