Transasia Bio-Medicals Ltd.

Bridging the skill gap among lab professionals-an important step towards achieving "Health for all" Often dubbed ‘the hidden profession that saves lives’, lab technologists play a crucial role in the healthcare delivery chain. Patient history along with physical examination and symptoms are vital, but most diagnosis needs confirmations that laboratory tests only can provide. With technological advancements, Lab technicians are expected to be up-to-date with the functionalities of the latest sophisticated analyzers, their calibrations and QC checks. Competency in using the Laboratory Information System is another skill that technicians are expected to develop since they are accountable for ensuring consistency of reporting, and streamlining the workflow processes for greater lab efficiency. Statistics reveals that as of 2012, there were about 4.30 lakh Medical Laboratory Technologists in India working in Govt., Semi Govt., Public and Private Sectors.*.

A population of 1.2 billion relies on 70% imported medical devices  Make in India to turn the table s oon! Suresh Vazirani Chairman & Managing Director,  Transasia Bio-Medicals Ltd.  Globally, the medical device market is segregated into six major segments, of which diagnostics imaging constitutes the largest chunk. In-vitro Diagnostics is the second largest segment with an estimated 24% share*. In India, the Medical Devices industry is presently valued at USD 5.2 billion and contributes 4-5% to the Indian healthcare industry. As an industry leader, I am glad that the Government’s Make in India initiative recognizes Medical Devices as a sunshine sector. Today, the liberalization of government policies allow upto 100% FDI through automatic route. Taking advantage of this lucrative opportunity, an increasing number of MNCs are setting up their manufacturing bases in India. However, we still have a long way to go. It is appalling to know, that India loses Rs. 60