Cabinet approves National Medical Devices Policy, 2023

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Last Updated on April 26, 2023 by

New Delhi, April 26 (IANS) The Union Cabinet on Wednesday approved the National Medical Devices Policy 2023, which is expected to facilitate a structured growth of the medical device sector to meet the public health objectives of access, affordability, quality, and innovation.

The policy lays down a roadmap for accelerated growth of the medical devices sector to achieve the objectives of access and universality, affordability, quality, patient centred and quality care, preventive and promotive health, security, research and innovation and skilled manpower, Health Minister Mansukh Mandaviya told reporters after the Cabinet meeting.

The main aim of the policy is to ensure an accelerated growth path with a patient-centric approach and to emerge as the global leader in the manufacturing and innovation of medical devices, by achieving 10-12 per cent share in the expanding global market over the next 25 years, official sources said.

The proposed policy is expected to help the medical devices sector grow from present $11 billion to $50 billion by 2030.

–IANS

ans/vd

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Disclaimer: Medical Science is an ever evolving field. We strive to keep this page updated. In case you notice any discrepancy in the content, please inform us at [email protected]. You can futher read our Correction Policy here. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website or it's social media channels. Read our Full Disclaimer Here for further information.

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Disclaimer: Medical Science is an ever evolving field. We strive to keep this page updated. In case you notice any discrepancy in the content, please inform us at [email protected]. You can futher read our Correction Policy here. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website or it's social media channels. Read our Full Disclaimer Here for further information.

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Disclaimer: Medical Science is an ever evolving field. We strive to keep this page updated. In case you notice any discrepancy in the content, please inform us at [email protected]. You can futher read our Correction Policy here. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website or it's social media channels. Read our Full Disclaimer Here for further information.

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Last Updated on April 26, 2023 by

Disclaimer: Medical Science is an ever evolving field. We strive to keep this page updated. In case you notice any discrepancy in the content, please inform us at [email protected]. You can futher read our Correction Policy here. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website or it's social media channels. Read our Full Disclaimer Here for further information.

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