Tapping into the burgeoning BFSI market
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FinTech Consulting Services
Leveraging our FinTech Consulting experience, we employ our proven approach in process reviews, tech risk management, and third-party audits for Indian financial services clients.
The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
Our publications
Tapping Opportunities for Medical Technology Sector
02 Sep 2016Our latest concept paper, “Meeting Challenges: “Tapping Opportunities to achieve US$ 50 bn vision for Medical Technology Sector”, attempts to provide an insight into the various updates on regulatory, technology and the market fronts in the Indian medical technology sector and provides an interim review of the progress of the medical technology sector in its proposed vision and roadmap to achieve the US$ 50 bn mark by 2025.
The paper prepared in collaboration with CII - Medical Technology Division highlights several trends:
- Regulatory roadblocks and identity building through an appropriate de-linking of Medical Technology from the Drugs and Cosmetics Act through the proposed National Medical Devices Policy, 2015. The industry keenly awaits the formalisation of this regulatory framework.
- Other systemic challenges owing to the dependence of medical technology on the overall healthcare delivery eco-system in the country.
- Progressive initiatives undertaken by the government in terms of easing FDI norms, setting up of medical technology parks and testing laboratories.
- Accelerating the Universal Healthcare Agenda and installing the right framework to provide ‘access’ to ‘safe’, ‘quality’ and ‘affordable’ healthcare to patients.
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