City
Epaper

India’s medtech sector expected to reach $30 billion by 2030: JP Nadda

By IANS | Updated: January 18, 2025 22:35 IST

New Delhi, Jan 18 The medtech sector is rapidly growing and it is expected to reach $30 billion ...

Open in App

New Delhi, Jan 18 The medtech sector is rapidly growing and it is expected to reach $30 billion by 2030, Union Minister of Health and Family Welfare, JP Nadda, said on Saturday.

With the expansion of digital health infrastructure, like Ayushman Bharat Health Account IDs, telemedicine, and AI integration, “we are enhancing healthcare access, fostering a compassionate and quality workforce, and making strides towards self-reliance and affordability in medical solutions for all,” the minister emphasised at the ‘IIMA Healthcare Summit.’

“India’s remarkable healthcare evolution over the past decade is marked by significant achievements such as expanding medical infrastructure, including significant growth in the number of AIIMS and medical colleges; strengthening of public healthcare with initiatives like Ayushman Bharat and Mission Indradhanush, which are improving health outcomes for millions; implementation of robust disease control measures that is exemplified by a substantial dip in malaria cases and the COVID-19 pandemic response, and so on,” the minister explained.

Underlining the significance of technology integration into healthcare delivery and efforts being made by the government in this direction, Nadda said that as we aim for Viksit Bharat at 2047, “let us foster innovation and collaboration across sectors, be it management, medicine, engineering, or social sciences, ensuring a people-centric approach in delivering quality healthcare to every citizen.”

The Union Minister exhorted the industry and academia to contribute to policy interventions with their research and said, “Research work of the industry and academia is meant to be implemented in policy and we as policymakers are ready to do it”.

“You suggest to us the roadmap for policy interventions, innovations, joint collaborations, and we will support you in every way to build that road,” he said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

National"Making new efforts to integrate women into mainstream": UP Women's panel chief hails PM Modi

National"Additional force will be deployed in all 28 constituencies": Tripura DGP on ADC polls

InternationalRussia announces Orthodox Easter ceasefire with Ukraine

PoliticsTamil Nadu Polls: "Our goal is to form government again," says EPS

InternationalNo ceasfire in Lebanon, continuing to strike Hezbollah: Israeli PM Netanyahu

Technology Realted Stories

TechnologyPM Modi to inaugurate India’s first refinery-petrochemical hub on April 21​

TechnologyIndia launches first Quantum computer testing facility in Amaravati​

TechnologyRBI moots one-hour lag in digital payments as safety step

TechnologyKandla Port pioneers methanol bunkering in step toward green shipping

TechnologyCoal dispatch begins from Gare Palma Sector–2 mine, boosting energy link between Chhattisgarh and Maharashtra