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Importance Of Medical Electronics

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The strong growth of Indian economy also boosts country’s healthcare industry. According to Indian Brand Equity Foundation (IBEF), the Indian healthcare industry is worth around US$ 100 billion and is expected to grow to US$ 280 billion by 2020. This in turn creates a huge demand for electronic components, devices and products which are used for medical purpose. Medical electronics technology has reinforced the existing healthcare infrastructure in various ways right from digitizing medical test, diagnostic and therapeutic procedures to enhancing the reach of healthcare through telemedicine and Health IT. India as an emerging market continues to be relevant in the global medical electronics space, not just from a market point of view, but also as a global hub for innovation and manufacturing.

A rise in the number of hospitals and the increased requirement for healthcare facilities creates a need for sophisticated devices and equipment, which can provide accurate treatment to individuals. The Medical Electronics segment of this industry incorporates control, conversion, sensing, processing, storage, display, and transfer of information on anatomy and physiology by making use of the Electronics and Communication Technologies. Medical Electronics is an area, …show more content…
In this report, medical electronics covers to all electronic devices and equipment used in the diagnosis, treatment and monitoring of patients. encompasses a wide range of healthcare products (personal medical devices, bio-physical monitoring, life support systems, implants, bionics in rehabilitation of physically challenged, embedded technology in neuro sciences (ASIC and Stroke Recovery) and cardiac sciences and lately telemedicine) which require some external energy source to be operational. It does not include surgical devices, consumables like gloves, reagents, and non-electronic implants used in orthopaedic, dental treatments,

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