<span style="color: #222222;">Department of Pharmaceuticals has released an Approach Paper for the Draft National Policy for the Medical Devices, 2022 on its website for consultation. The Department has invited feedback and remarks of the Industry and stakeholders, till the 25th of this month on the Draft Policy.<br />''<br />''Ministry of Chemicals and Fertilizers in a statement said that the Draft policy aims at addressing the core objectives of accessibility, affordability, safety and quality, focus on self-sustainability, innovation and growth in the Medical devices sector. In line with the mandate of promoting aspects of the medical device industry, the Department of Pharmaceuticals published this approach paper, after extensive stakeholder consultations, for the Sunrise Sector of Medical Devices, popularly called as MedTech Sector.<br />''<br />''The Sector is expected to grow in market size from the present 11 billion US dollar to &nbsp;50 billion US dollar by 2025.<br />''<br />''The medical devices sector in India is an essential and integral constituent of the Indian healthcare sector, particularly for the prevention, diagnosis, treatment and management of all medical conditions, diseases, illnesses, and disabilities.&nbsp;</span><br />
News On AIR | March 12, 2022 8:32 PM
Department of Pharmaceuticals releases Approach paper on 'Draft National Medical Devices Policy 2022' for consultation