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MedTech Mitra Initiative

MedTech Mitra mind map
Recent News
Launched
Date
25 December 2023
Why
Empower MedTech Innovators
Advance Healthcare Solutions
Reduce Import Dependence
Current dependence up to 80%
Enhance Medical Device Industry
India's target for 2030
$50 billion industry
Promote Indigenous Development
Affordable and Quality MedTech devices
Diagnostics
What
Online Portal
Aims
Assist MedTech Innovators
Clinical Evaluation
Regulatory Facilitation
Uptake of New Products
Features
Support
Research
Regulatory Approval
Collaboration
Funding
Handholding for Clinical Evaluations
Regulatory Compliance
Ease of Innovation
Research and Development
Rendering Service
Government Initiatives
Production-Linked Incentive Schemes
Investments in Medical Drug Parks
MedTech Research Policy
MedTech Research Incentive Scheme
National Medical Device Policy
Scheme worth Rs 5,000 crore
Promotion of Research
Pharma and MedTech Sectors
Where
India
Impact on Indian Healthcare Sector
Who
Collaboration
Indian Council of Medical Research (ICMR)
Central Drugs Standard Control Organisation (CDSCO)
Under Guidance of
NITI Aayog's Atal Innovation Mission
How
Virtual Launch
Government Support
Industry Collaboration
Significance
Empowers Start-ups
Reduces Import Dependence
Enhances MedTech Sector
Rapid Growth
Areas
Robotics
Artificial Intelligence (AI)
Big Data
Virtual Reality
Nanotechnology
Boosts Economy
Target of $50 billion by 2030
Strengthens Universal Health Coverage
Reach to Innermost Corners
Contributes to Viksit Bharat Vision
Holistic Approach to Health
Vision for 2047
Challenges
High Import Dependence
Current State
Up to 80% Import-Dependent
Rapidly Changing Sector
Need for Continuous Adaptation
Way Forward
Encourage Indigenous Innovations
Increase Stakeholder Collaboration
Strengthen Research and Development
Expand MedTech Ecosystem

In simpler terms, the MedTech Mitra initiative is a groundbreaking effort by the Indian government to bolster the medical technology sector. Launched in December 2023, it aims to support and guide MedTech startups and innovators in India. This initiative will assist them in clinical evaluation, regulatory facilitation, and market entry of new healthcare products. It is expected to reduce India’s reliance on imported medical technology, stimulate indigenous innovation, and make healthcare solutions more affordable and accessible across the country. The MedTech Mitra initiative represents a significant step towards India’s goal of becoming a global leader in medical technology and healthcare by 2047.

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