BioSpectrum India: BioPharma, Healthcare, healthscience, Biotechnology, BioIT, Pharma news updates

SCIENCE

Science | 25 June 2024 | News

IISc designs novel 3D hydrogel culture to study tuberculosis infection and treatment

Researchers from the Department of Bioengineering (BE), Indian Institute of Science (IISc), Bengaluru have des...Read more

OPINION

Opinion | 30 June 2024 | Interviews

“The Stackathon aims to taper import dependence and position India as a frontrunner in medical technology on the global stage”

How will Meditech Stackathon help to bridge the gaps in the Indian medtech sector’s regulatory standards...Read more

MEDTECH

MedTech | 02 July 2024 | News

MediSim VR unveils India’s first VR skill training lab for nursing at KD Hospital, Ahmedabad

MediSim VR has announced the establishment of Gujarat's first VR (virtual reality) Skill Training Lab at KD Ho...Read more

START-UPS

Artificial Intelligence | 02 July 2024 | News

AI-health startup Cloudphysician appoints Dr Mandar Vaidya as CEO-India

Bengaluru-based AI health startup Cloudphysician, a full-stack tech and operations company that partners with ...Read more

SUPPLIER

Supplier | 27 June 2024 | News

Nikon introduces new imaging technology to accelerate biotech research

Nikon Instruments Inc., the US microscopy arm of Nikon Healthcare, is expanding its AX series lineup with...Read more

PEOPLE

Artificial Intelligence | 02 July 2024 | News

AI-health startup Cloudphysician appoints Dr Mandar Vaidya as CEO-India

Bengaluru-based AI health startup Cloudphysician, a full-stack tech and operations company that partners with ...Read more

ACADEMICS

Academics | 26 June 2024 | News

Sri Balaji Vidyapeeth inks MoU with University of Leeds to support medical students

Sri Balaji Vidyapeeth, a Deemed-to-be-University, has announced the signing of a strategic MoU with the&n...Read more

BLOGS

Text blogs | 30 June 2024 | Views

Leveraging Space Lab for Novel R&D

Microbes continue to puzzle us by growing in the most challenging conditions. One such challenging condition i...Read more

Videos

Inside Magazine

MediTech Stackathon 2024 to Drive Explosive Growth

India's medtech industry holds immense potential, with projections estimating a growth rate of 28 per cent annually, reaching a size of $50 billion by 2030. Currently, India is the fourth largest market for medical devices in Asia and among the top 20 globally. Net imports for 2022-23 stands at $4.101 billion with import coverage ratio of 0.45. The sector has witnessed a surge in imports, driven primarily by countries like the US, China, and Germany, however, India's robust policy ecosystem presents opportunities for exports and reducing import dependence through domestic manufacturing. Exports have overtaken imports in consumables and disposables during last year. The industry now needs to continue with the momentum in other pillars of the medtech sector. Against this backdrop of immense potential, the Department of Pharmaceuticals launched Meditech Stackathon 2024, which seeks to harness the collective expertise of stakeholders to propel the industry towards unprecedented heights of innovation and self-reliance. With optimal support and participation from all stakeholders, initiatives like Meditech Stackathon will take the Indian medtech industry to the next levels to become self-reliant

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