Central government approves National Medical Devices Policy 2023
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The central government has approved the National Medical Devices Policy, 2023. These policies are expected to facilitate orderly growth of the medical device sector to meet public health objectives of access, affordability, quality and innovation. The policy aims to increase India's share of the global market from the current 1.5% to 12% over the next 25 years and aims to create a single-window approval process for medical device manufacturers to ensure speedy approvals and a responsible system to guarantee. Under this policy, a single-window system will be created for licensing of medical services for ease of doing business. It envisages a greater role for bodies such as BIS to create standards for products, processes and performance and to ensure quality to make the industry globally competitive.
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