MedTechConnect platform to address challenges in healthcare
India is home to a thriving technology ecosystem, yet more than 80% of its medical technologies and devices are imported
Cyient, a global provider of engineering, manufacturing, geospatial, digital, network, and operations management solutions to global industry leaders, in partnership with Xynteo, an international advisory firm, has launched of the MedTechConnect platform, aimed at bringing medtech stakeholders together to address India’s ‘last-mile challenge’ in healthcare and, ultimately, touch millions of lives by 2022 and beyond.
India is home to a thriving technology ecosystem, yet more than 80% of its medical technologies and devices are imported. A large segment of the country’s population still does not have access to basic healthcare services. The mission of the MedTechConnect platform is to bridge this gap by delivering disruptive medical technologies that create a step-change in healthcare delivery to every corner of the country, while catalyzing innovative business models to minimize the cost and maximize the reach of these technologies.
MedTechConnect will enable a collaborative ecosystem comprising stakeholders across the healthcare value chain (start-ups, innovation hubs, academia, industry and government bodies, funding and investment partners, and scaling channels across private and public channels) and will foster the development of technologically advanced healthcare solutions that are accessible, affordable and beneficial to people across the country.