“As we approach Budget 2024, the MedTech industry eagerly anticipates a progressive fiscal policy that propels innovation, elevates patient care, and strengthens healthcare foundations. The synergy of technology and healthcare underscores the government’s role in nurturing MedTech startups for shaping the future of healthcare.
“The MedTech startup community seeks a budget recognizing the importance of a regulatory framework that fosters innovation while ensuring patient safety.”
Jaideep Tiwari, Founder & CEO, Bramhansh Technologies (HealthTech Company)
Innovation is at the core of the MedTech sector, and a budget allocating resources for research and development incentives, fostering industry-academic collaboration, and supporting emerging technologies will propel the sector forward. Strategic initiatives promoting digital health infrastructure, including telemedicine, interoperability, and data security, are crucial for enhancing patient care and overall healthcare system efficiency.
The MedTech startup community seeks a budget recognizing the importance of a regulatory framework that fosters innovation while ensuring patient safety, advocating for a streamlined approval process to bring life-changing technologies to market more efficiently. The expectations are high for Budget 2024 to acknowledge and support the transformative role of MedTech in advancing healthcare outcomes and economic growth.”