India has consistently been strengthening its medical infrastructure through fresher public investments and by adopting newer models such as Public Private Partnerships to increase penetration of healthcare services. This growth will be accompanied by demand for associated products such as medical equipment.

The impressive growth of the $2 billion Indian Medical technology industry in the last five years has opened an exciting and a viable market opportunity for domestic and international players. The penetration of medical technology, however, has been largely urban centric, making quality healthcare less accessible to the masses. This Inaugural Plenary will set the tone on the role of Medical Technology in penetration of Healthcare in India and present an overview of the opportunities that lie ahead.

Thus the Summit will set the tone “Leveraging Technology for Transforming Standards of Care”

In the line of the programme, this round table will bring together eminent thought leaders of the industry to identify various opportunities in different domains within the Indian Medical Technology industry, discuss the drivers and challenges that create the push and pull effect as well as innovative approaches to achieve desired objectives. They will bring their thoughts, experiences and vision together on one platform to chart a roadmap to leverage technology for effective healthcare.

Thus the session will endeavor to live upto its theme…
“Charting A Roadmap to Leverage Technology For Transforming Standards of Care”

To increase accessibility of medical technology, there is a need for innovative, out-of-the-box solutions, tailored for the Indian population. A successful PPP strategy in healthcare is an opportunity for higher penetration. This session will discuss the rationale behind the PPP, benefits to the Government, scalability and reliability of different models keeping in mind, the challenges of projects which are economically viable to reach out to masses. This plenary will also focus on effective and practical approaches that can help make medical technology accessible to the masses such as RSBY/ Arogyasree, which has indeed penetrated at a large scale, evaluating current scenario – the challenges faced in obtaining advance technology, will also be discussed.

For providers, access to medical technology can be enabled by providing innovative financing solutions as well as leveraging native innovative and entrepreneurial skills for making technology more affordable. This affordability can only be possible when financial institutions extend their schemes to small, large and mid sized healthcare providers. Here the focus will be on the role of PE and venture capital innovations, leasing of medical equipments, the need of leasing, opportunity and regulation of leasing and funding of second hand medical equipments. This plenary will also address the most cost effective treatment under the umbrella of Made In India , Made For India . where the current scenario in India and its high import costs has pushed many small players to innovate alternate solutions and products at a low cost. And thus determining such products and identifying segments that require these products and markets have also evolved.

Innovation in Technologies has empowered the clinicians across the spectrum of health care from small clinics and nursing home to the large healthcare facilities to deliver superior clinical outcomes. It is time now to overview the IT and discusses the case studies development and deployment in the healthcare arena. This will also throw a light on benefit of this solutions and applications on patients' safety and clinical excellence and what are the scope for scalability and reliability of such modules across India . This plenary will discuss evaluating the current scenario of accessibility, speed and accuracy of results when we focus on point of care testing, empowering individuals clinicians to deliver superior outcomes, new developments in scope, connectivity, non invasiveness and miniaturization. The POCT test menus will continue to grow, wireless connectivity with automatic data capture will become the norm and non-invasive POCT will evolve into a wide range of sizes, shapes and functionalities.