9 startups were felicitated for their innovations in the field of medtech

The India MedTech Expo 2023 was held from 17th to 19th August, 2023 at Gandhinagar, Gujarat. In the exhibition, huge range of medical equipment ranging from the state-of-the-art imaging systems to precision surgical instruments, from wearable health monitors to artificial intelligence (AI)-driven diagnostic tools, were on display. Various sessions were held on themes relevant to the medical devices sector during the course of three day Expo.

The Expo witnessed large participation from global and Indian companies including MSMEs, startups, academic and research institutions, state governments, Central and state procurement agencies, regulatory agencies etc.

More than 4000 meetings were held in first two days and more than 10,000+ visitors visited India Medtech Expo 2023.There was participation from 225 companies - Indian (Including MSMEs) and Foreign companies operating in India, 80 Startups, 7 States - Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Himachal Pradesh, Rajasthan, Andhra Pradesh and Gujarat.

Rushikesh Ganeshbhai Patel, Health Minister, Government of Gujarat stated that there is huge talent in the country and several technological innovations are taking place in the medical devices sector. Gujarat is a leading state in both pharma and medical devices sectors in the country and the Government of Gujarat is committed to build an ecosystem providing requisite infrastructure to young entrepreneurs, who are waiting for appropriate opportunity.

An Open House session chaired by Dr Rajeev Raghuvanshi, Drugs Controller General of India was held with participation of MedTech Regulators and the Industry players. Key gaps and challenges faced by the medical device manufacturers were discussed along with their potential solutions. Dr Rajeev Raghuvanshi said that there is a huge opportunity in medical devices sector to grow and replace imports with indigenisation, particularly if we are able to produce good quality products.