Medtech is a medical technology company with a worldwide reputation for products that offer superior protection, with high levels of comfort and performance in over 70 countries around the world. Rajnikant R. Shah, Director, Medtech Life talks about the company’s innovative product range.
Can you brief our readers regarding the growth of Medtech from its inception?
Our company is engaged in the development of electro-medical devices for health and home care. The success of our company is due to its focus on providing an affordable quality product to the economically challenged mass population of India. Innovation in healthcare can help customers monitor their health, conveniently. But mere innovation is not enough. What’s equally important is that everyone should have access to it. At Medtech, we just do that. We are democratising innovation. It involves continuous R&D to make existing products better and create new products. It involves creating products that customers can use economically, for years. The success is also due to the support of our distribution channel and acceptance from end users.
Medtech designs, develops, manufactures and markets a wide range of medical devices and equipment. Can you talk about your vast range of products?
Today, lifestyle diseases are on the rise. The key reason is hectic lifestyles, that people simply cannot wash away. Though the awareness about health and hygiene has increased, the quality of health is poor. So, there is a need for intense healthcare. Medtech has a wide range of products which include Handyneb Nebulizer which comes in five different ranges and has many features. The Nebulizer are viz Air Pressure Mattress, Handyvap Steam Inhaler, Blood Pressure Monitor, Needle Burner and Syringe Destroyer, Oxygen Concentrator, Handypap, Handy Digital Thermometer, Pulse Oxymeter and many more products which have different traits.
Among the broad range of high-quality products manufactured by Medtech, which is a star product with the highest brand recall?
Amongst the range of product Medtech designs, develops, manufacture is Nebulizers. In the market, Nebulizers is the star product which attributes to a major share of our revenue generation and is most popularly known by the generic name of “Handyneb” instead of Nebulizer. Handyneb Nebulizer comes in different range particularly Gold, Nupro, Smart, Classic, Super with each having different traits and features.
Medtech raises state-of-the-art manufacturing facilities. Please brief us regarding these facilities. What are the various certifications and accreditations acquired by your products?
We have ISO:13485 and CE certification from DNV a reputed notified body from Norway complemented by various registration and certification in many foreign countries. We have fully equipped R&D division recognised by DISR having the latest facility to make more and more innovative products backed by a team of qualified people and headed by one of the directors, a qualified biomedical engineer with inherited business intelligence, a philanthropic background of doing service to the community by providing affordable and economical products for life support.
Are there any steps taken by your company to improve the already existing products? Where does your company market its products?
We are not just a manufacturer as we are primarily R&D driven organisation. So, we continuously do upward integration of our product for quality and innovation and do backwards integration to make it more economical and self-sufficient. We sell our product in pan India and in more than 40 countries in the world.
Can you comment on the standards of manufacturing of medical supplies in India?
Our country mainly depends on the import of electro-medical devices. A very minimal amount of it is produced in the country. Hence it has a great future for development. What is urgent and of immediate importance is to set a standard of product coming in the country. Since there is no standard set for medical devices like a nebulizer, blood pressure monitor, thermometer, oxygen concentrator etc. So, any cheap quality non-standard product enters the country and is freely sold at an attractive price to innocent patients who are put to life threating situation because of the poor quality of the diagnostic and therapeutic products. Equally, a strict standard must be set for manufacturing units in India. The government must promote to set ancillary units to support the manufacturing of component for supplies to finished goods manufacturer like in China. With the help of Government support and regulation industry will flourish as there is a huge population in the country so there is no dependence on export. Reduction in import will save foreign exchange and will generate job opportunity in the country.
What are the plans and the future prospects of Medtech?
With help of our R&D and leadership of young directors, we are planning to make more and more import substitute for the Indian market and the same will be announced from time to time. We aim to discover and develop and innovative products for the betterment of human health and enhance the quality of life. We strive for a motivating environment where creativity and effectiveness are encouraged and where cutting-edge technologies are applied to develop inventive healthcare solutions. We intend to contribute to society through the positive impact and social benefits of our services.
