Webinar: India's Medical Technology Market - Business Opportunities and Regulatory Environment
Is India a good market for German medical devices suppliers? In order to help you answer this question, Dezan Shira & Associates in partnership with German Trade and Invest will speak during a webinar on 19th September, 2018 on the topic of India's Medical Technology Market - Business Opportunities and Regulatory Environment.
India is one of the top 20 markets for medical devices in the world, valued at approximately USD 5.4 billion and the fourth largest medical device market in Asia.
Medical technology market of India is growing dynamically. Planned investments in hospital expansion and the introduction of state health insurance for lower income groups should further boost demand for medical devices. Since, there are only a few domestic medical device manufacturers, many devices have to be imported, especially the high-tech products. The "Medical Devices Rules, 2017", which came into force on January 1, 2018, replaced the previously approved regulations for the medical devices in the "Drugs and Cosmetics Rules".
Riccardo Benussi, Deputy Regional Manager, Dezan Shira & Associates will share updates on the regulatory environment concerning the new Medical Device Rules of India. Riccardo will speak about the Indian medical device market and the opportunities that it presents to the investors, not only because of its size, but also because of encouraging policies and regulations that the government has introduced to overhaul the regulatory framework. He will also discuss the new 'risk based' classification for medical devices and the licensing process for import of these devices.
The webinar will take place in German language. Participation in the webinar would be free.
For further information on this webinar, please click here.
For registration and to attend the webinar, please click here.
Join us online on 19th September, 2018 from 14:30 - 15:30 Indian Standard time.