How can I import medical equipment in India?

Who can import medical devices into India? Ans: Any person/firm/enterprise etc. having wholesale license and/or manufacturing license issued under Drugs and Cosmetics Act, 1940 and Rules 1945 can be an applicant for Registration and import of medical devices into India.

How can I import my medical device in India?

Step by Step Process to Register Your Medical Device in India

  1. Step 1 – Determine If Your Product Requires Registration. …
  2. Step 2 – Appoint an Authorized Indian Agent. …
  3. Step 3 – Submit the Regulatory Dossier under Form 40. …
  4. Step 4 – Obtain Registration Certificate in Form 41. …
  5. Step 5 – Obtain Import License in Form 10.

Is drug license required for medical equipment?

Once notified, import, manufacture and sale of all medical devices will need to be certified by the Central Drugs Standard Control Organisation (CDSCO). Manufacturers will also have to seek licences from the Drug Controller General of India (DCGI). … Currently, only 23 medical devices are regulated under the Act.

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Does India export medical equipment?

Export Scenario

India has a 75-80% import dependency on medical devices, with exports at Rs. 14,802 crore (US$2.1 billion) in 2019 and is expected to increase at a CAGR of 29.7% to reach Rs. 70,490 crore (US$10 billion) in 2025.

How can I start a medical device company in India?

License for or Registration Certificate Form (Template) of the License Application form Relevant Rule Licensing Authority Timelines 1 Certificate of registration of the foreign manufacturer and the medical devices to be imported (Registration Certificate) Form 41 Form 40 Rule 24-A Drugs Controller General of India (“ …

What is full form of Cdsco?

The Central Drugs Standard Control Organisation(CDSCO)under Directorate General of Health Services,Ministry of Health & Family Welfare,Government of India is the National Regulatory Authority (NRA) of India.

What is a Class 1 medical device?

Class I Medical Devices

A Class I medical device are those devices that have a low to moderate risk to the patient and/or user. Today, 47% of medical devices fall under this category and 95% of these are exempt from the regulatory process.

How do you import medical equipment?

For import of medical device, the manufacturing site and products (medical devices) are required to be registered with Indian drug regulatory agency (i.e. Central Drugs Standards Control Organization). Q8. Whether Registration and import license is required for import of non-notified medical device in India?

What is generic name of medical device?

GMDN – the standard for naming and grouping medical devices.

The Global Medical Device Nomenclature (GMDN) is a list of generic names used to identify all medical device products. Such products include those used in the diagnosis, prevention, monitoring, treatment or alleviation of disease or injury in humans.

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Who approves medical equipment in India?

Medical devices and IVDs are regulated by the Drug Controller General of India (DCGI) within the Central Drugs Standard Control Organization (CDSCO), part of the Ministry of Health and Family Welfare. The regulatory framework for medical devices is based on the Medical Device Rules, 2017.

How can I export my medical devices from India?

Free sale certificates valid for two years are issued to medical device manufacturers by state licensing authorities. To export medical devices, manufacturers need to register with the foreign country and obtain its regulatory approval. These authorities generally ask for a free sale certificate to allow imports.

What medical equipment does India import?

India imports nearly 80 percent of its medical devices and barriers to entry are lower compared to other industries. India remains highly dependent on imports for many types of medical devices, particularly higher end products that include cancer diagnostics, medical imaging, ultrasonic scans, and PCR technologies.

How do I export my medical products?

The first step is to apply for the IEC (Import Export Code) number. Contact the exporters of other countries who are interested in importing the medicines. Register your product in the country you are going to export. Get the approval for export from DCGI (Drug Controller General of India).

How do I start my own medical company?

The following is a brief overview:

  1. Hire a business consultant and determine your niche.
  2. Create a successful business plan. Research competitors. Determine company structure. Choose the right equipment. Establish roles. Conduct SWOT analysis. Verify license requirements.
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How do medical device companies make money?

Large medical device companies are consistently profitable and typically have profit margins of 20 percent to 30 percent. Medicare pays for medical devices indirectly by reimbursing providers when they use devices in the course of delivering care to beneficiaries.

How do I start my own medical equipment?

List of Medical Devices intend to be manufactured.

Requirements:

  • Factory Premises (As per WHO:GMP and/or Schedule M-III)
  • Competent Technical Staff i.e. Manufacturing Chemist and Analytical Chemist.
  • Machinery and Lab Equipment.
  • Office Accessories.
  • Machine Men and Workers.
  • Electricity Supply.
  • Water Supply.
  • HVAC unit.
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