Medtech

Johnson & Johnson to Acquire Israeli Medtech Firm V-Wave for Up to $1.7 Bn August 21, 2024 Johnson & Johnson had previously invested in V-Wave in 2016, signaling a long-standing interest in the company's innovative technologies.

K’taka Govt Seeks PPP Model to Implement MedTech Across 31 Districts August 16, 2024 This initiative aims to maximize advancements in medtech to improve healthcare delivery, streamline operations, and expand access to medical services in both urban and rural areas.

IIT Delhi Transfers 2 Medtech Devices for Cancer & Pathogen Detection August 5, 2024 These innovations are part of the Nanoelectronics Network for Research and Applications (NNetRA) project, funded by the Ministry of Electronics and Information Technology (MeitY).

Japan & India Strengthen MedTech Collaboration through Innovative Startup Partnerships June 13, 2024 The 'Japan-India Innovation Pitch' is the first of its kind to be held in India, following the success of similar cross-pitch events in other countries.

India’s Medtech Industry Targets $50 Bn Growth, Aims to Reduce Import Dependency May 8, 2024 Currently, India is the 4th largest market for medical devices in Asia and among the top 20 globally. Net imports for FY 2022-23 stand at $4101 million with an import coverage ratio of 0.45.

Johnson & Johnson to Acquire Shockwave Medical for $13.1 Bn April 8, 2024 With this acquisition, Johnson & Johnson aims to bolster its position in cardiovascular intervention, one of the fastest-growing global medtech markets.

5 Leading Medtech Companies of Mumbai March 25, 2024 Enter medical technology—a transformative force that has revolutionized healthcare standards and seamlessly adapted to the evolving needs of the era.

GE Healthcare Teams Up with Biofourmis to Extend At-Home Patient Monitoring February 27, 2024 GE Healthcare is slated to commence the distribution of Biofourmis solutions to customers in the United States starting Q1 2024.

India Records $464 Mn Surge in MedTech FDI in First Three Quarters: MTaI December 18, 2023 The MedTech foreign direct investment (FDI) trajectory in 2023 began with $39 million in Q1 (Jan-Mar), surged to $301 million in Q2 (Apr-Jun), and saw an inflow of $124 million in Q3 (Jul-Sep).

K’taka Govt Extends Seed Funding to Biotech, Medtech & Health Startups December 18, 2023 Karnataka's startup ecosystem includes 14,000 startups, approximately 40 unicorns, and enjoys 8th rank in the Global Startup Ecosystem Index.

TN-Based Polymatech Electronics Introduces Solution for Accurate Vein Detection December 12, 2023 The newly launched device features high-definition vein detection, delivering real-time full high-definition visualisation (1920 X 1080) for clarity in identifying subdermal veins. Further, the device weighs five 5 lbs. which offers convenience to healthcare professionals across various medical settings.

India’s Medical Technology Association Urges BCCI, ICC to Integrate Life-Saving Devices near Stadium November 20, 2023 The proposed integration includes advanced medical monitoring systems, emergency response equipment, and other advanced technologies that can significantly enhance the ability to respond promptly to any health-related incidents in the crowd.