Only a handful of MedTech firms are engaged in the creation of novel products, thus hindering cost-effective delivery of state-of-the-art healthcare services to the larger population. The lack of clinical engagement in the development process leads to a disconnect between the end user and. This leads to an innovation gap and lack of adoption of the end product. A multidisciplinary approach centered around the treating physician is the best way to innovate medtech.
One of the major healthcare challenges are trying to tackle is the prevalence of Ventilator Associated Pneumonia (VAP). This is a condition where a patient on ventilation for a few days develops a lung infection that results in over 250,000 deaths each year in India alone. To develop VAPCare, the team consisting of designers, engineers and physicians first immersed itself in the clinical setting and came up with VAPCare is a sensor based secretion management and oral hygiene system. `This is a patented and first-in-the-world product that can solve an urgent need locally and globally.
India, as an emerging economy and with the third highest start-up pool globally, is ideally positioned to be the leader of MedTech innovation. Through the right policy measures, financial access and public-private partnerships India can emerge as the MedTech innovation hub for emerging markets and affordable medtech globally.