HomeGeneralDraft policy to boost domestic production of medical devices out

Draft policy to boost domestic production of medical devices out

NEW DELHI: In an attempt to give a boost to medical devices, the government on Saturday released the draft policy exclusively for the industry, which is currently regulated as medicines.

The proposed National Medical Devices Policy 2022 aims to put in place a comprehensive set of measures for ensuring sustained growth and development of the sector and addressing the challenges of the industry such as regulatory streamlining, skilling of human resources and lack of technology for high-end equipment and lack of appropriate infrastructure, through a coherent policy framework.

It also plans to facilitate an orderly growth of the sector, lifting local manufacturing and reducing imports to half over the next decade.

Currently, nearly 80% of the medical devices used in the country are imported products, particularly high-end devices and medical equipment.

As per the approach paper on draft devices policy, released by the department of pharmaceuticals, “the medical devices sector will be placed on an accelerated growth path” to increase access and affordability of products.

The draft policy envisages that by 2047, India will be one of the top five global manufacturing hubs in terms of value and technology for medical devices.

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