New Delhi || 19-12-2024
Union Minister of State for Health and Family Welfare, Anupriya Patel addressed the 21st Health Summit of the Confederation of Indian Industry (CII) today. Union Health Secretary, Punya Salila Srivastava was also present on the occasion. The theme of the summit is “Transforming Healthcare for Viksit Bharat 2047”.
Addressing the plenary session on “Charting India’s MedTech Revolution: MedTech Expansion roadmap to 2047”, the Union Minister said that “the medical device sector in India is recognized as a sunrise sector because of its immense growth potential driven by the country’s increasing healthcare needs, technological innovations, government support, and emerging market opportunities.
She informed that the size of the Indian medical devices sector is estimated to be around $14 billion and it is expected to grow to $30 Billion by 2030. She also highlighted that India is the fourth largest medical devices market in Asia after Japan, China, and South Korea and among the top 20 global medical devices markets in the world.
The Union Minister stated that the MedTech industry is not just a component of healthcare but is the catalyst that links patients, payors, providers, and regulators to create a stronger and more equitable healthcare system. “It is this unique positioning of MedTech that holds the promise of revolutionizing healthcare delivery and outcomes, both in India and globally”, she said.
Highlighting the promise of AI in healthcare, Anupriya Patel said that “AI innovation is crucial within healthcare to create new methods for facilitating and tackling healthcare challenges and discovering new opportunities.”
Health Secretary, Punya Salila Srivastava stated that “healthcare is not just a social imperative but an economic necessity.” She noted that India’s healthcare agenda focuses on making healthcare affordable, accessible, and inclusive for every citizen and stressed that the healthcare sector is a critical component of India’s vision to become a developed country by 2047.
Secretary Srivastava also informed the dignitaries about the 100 Days Intensified TB Campaign, launched by the Union Health Minister, Shri JP Nadda in Panchkula on December 7, 2024. She emphasized the importance of supporting the campaign to achieve the goal of eliminating TB by 2025 and encouraged the organizers to hold a brief session on TB in the next two days to further boost the initiative.
Dr Naresh Trehan, Chairman, CII National Healthcare Council and Chairman and Managing Director, Medanta – The Medicity; Dilip Jose, Co-Chairman, CII and MD & CEO, Manipal Health Enterprises Pvt. Ltd; Sunita Reddy, Managing Director, Apollo Hospital Group and Amita Sarkar, Deputy Director General, CII, were present at the Health Summit.
