The growth within healthcare
industry has been progressive in India. The past 10 years specially has seen a
uptrend in every metric in all sectors within Healthcare. The influencing
aspect of the growth has been the fact a simultaneous growth in awareness
equally supported by development in its infrastructure and its ancillary
services.
A decade back the healthcare industry was not structured to include many of the ancillary
services that are being included today. Beyond the pharma and biotechs, bio meds
and medical supply companies got little affluence or influence within the industry or
marketplace. At best it seemed very fragmented without much protocols and
procedures to support it. This led to the implementation of procedural rules and
compliances extremely difficult as many of these ancillary groups did not seem
to know under what purview it existed or reported to. Hence many of the
regulatory clauses that were enacted did not bring certain groups under its
charter nor was it clear if they were bound by such regulations and protocols.
These inconsistencies and lack of adaptabilities played into the fact that
India though ahead in the academic awareness in healthcare was way behind in
its applications and fulfillment as per the globally developed standards.
With globalization and
standardization of many of the healthcare procedure, protocols, and application,
there has been a rushed need to bring all sphere of healthcare verticals within
some kind of protocol and discipline.All the industries within healthcare from
pharma, medical service providers, medical supply companies and consulting
companies are required to follow a uniform code that necessitates compliance
and certifications.
The growth of medical
supply companies has been exponential, to say the least. With the growing
numbers of local players in manufacturing and refurbishment, there also has
been an increase in foreign medical supply companies vying a piece of the market in the world’s best-emerging markets “India”!!!. The medical supply company’s growth has also
shown some metamorphic growth with increasing demands in newer high range equipment, high range refurbished equipment, parts, servicing companies and
also, companies providing awareness and information in key areas of safety and training.
This growth has been
good for the economy but most importantly it has brought the system in the mix
of the global healthcare platform. This has helped the industry to collaborate,
affiliate and provide best services for its audience internally all the while
pushing its agenda to the global audience as well. Though the future looks
good, the present will need to be tamed in a disciplined manner to establish a
good benchmark for the upcoming years.
Medinnova Systems Pvt
Ltd a company at the forefront of the global medical equipment industry takes
pride in introducing various international compliance awareness and its
knowledge application to the Indian healthcare industry and all the while
catering to the rising demand in all spheres of the medical equipment market.
Along with delivering quality to its customers, providing awareness,
information, good after sale services and best practical technical training for
handlers are the key cornerstone of Medinnova’s USP.
We at Medinnova Systems Pvt Ltd are excited for this growth story as we
do have a small part to play and be a part of a big change!!! Call us at +91-2667-264737 or email us sales@medinnovasystems.com for more info.
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