Emerging MedTech solutions have the potential to create holistic and inclusive healthcare ecosystems, especially in a country like India. From the startups to the established tech giants, new innovations and emerging players in health technology are challenging healthcare organizations to redefine and reimagine the way they deliver value and care to patients. As of 2021, India continues to import over 75% of its medical devices from overseas, and with the emergence of an entire ecosystem of medical technology players in India, this statistic has the potential to be turned on its head. The Indian medical device sector is embracing futuristic technologies and paving the way in growing trends like telemedicine, digital medicine, and personalized medical devices.
In today’s episode, Ben Hayward speaks with Himanshu Baid, Managing Director and Co-Founder of Poly Medicure, one of the fastest-growing Medical Device companies in India with a wide range of more than 125 different types of products and successfully been granted more than 215 products and process patents globally. Himanshu’s story of rags to riches, leaving the comforts of his family plastics business in Jaipur to branch out and build his own company from scratch was a risk that would resonate with thousands of budding Indian entrepreneurs. This was of course a high risk but for us, this is one of the great success stories of the Indian Healthcare sector over the last 20 years and Himanshu’s work with Polymed has helped put India on the MedTech map globally.