MTaI in News
Medical technology sector likely to recover to pre-COVID levels by July-December 2021: MTaI
Medical technology sector is expected to recover to the pre-COVID-19 level only by July-December 2021 at best, as companies continue to earn lower than projected revenue due to weak demand and high cost, according to Medical Technology Association of India (MTaI)....
Interpretation of Aatma Nirbhar Bharat in MedTech sector: MTaI
After due reflection, MTaI has come to the view that Aatma Nirbharta in medical technology sector would be achieved when we can make competitive products in India: Pavan Choudary, Chairman and Director General, MTaI Prime Minister Narendra Modi, on May 12, 2020, made...
Resumption of elective surgeries required to soften COVID-19 blow to healthcare sector: MTaI
Elective surgeries account for about 50 per cent of revenues for hospitals in normal business conditions. Reduced revenues have curtailed hospitals' ability to pay for supplies of pharmaceuticals, diagnostics and medical devices, thereby severely disrupting entire...
Need to carve concrete plan on building healthcare infrastructure at tertiary levels in government, private sectors: MTaI
Healthcare investment can increase employment opportunities in service provider segment like hospitals with increased number of clinicians / paramedics / nurses The government has expressed its intention to create a surplus capacity in healthcare infrastructure. The...
Persistent financial, logistical bottlenecks creating operational challenges for medical device sector: MTaI
As lockdown gets extended for another two weeks, these challenges will continue to impede supply of medical devices unless industry gets support from government Supply of medical devices is an essential service to manage the COVID-19 pandemic in India but persistent...
Quick government interventions have eased some of the major operational challenges: MTaI
Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies that have a large footprint in manufacturing, R & D and healthcare worker training in India, is working with the government to ensure the continued...
MTaI urges govt to maintain liquidity in healthcare sector
Medical Technology Association of India (MTaI) has urged the government to ensure maintaining of liquidity in the healthcare sector in light of COVID-19 outbreak in the country. NEW DELHI: Medical Technology Association of India (MTaI) has urged the government to...
Centre-State lack of coordination delivers medical supply chain sucker punch
The states it seems have not understood that this 21-day lockdown is to prepare hospitals for tidal wave of patients that are likely; and are clamping down manufacturing, warehousing, distribution, of medical devices, equipment Medical Technology Association of India...
State govts, local administrors should urgently revive med devices supply chain: MTaI
Medical Technology Association of India (MTaI) on Friday urged thestate governments and local administrators to urgently restore the medical devices supply chain as the disruption is hampering war against COVID-19. "The Central government has expeditiously moved...