The Economic Times Highlights AVI Healthcare’s Medical Device Innovation 2013

21, March 2013

AVI Healthcare Featured in Economic Times Medical Device Research and Development

AVI Healthcare was featured in The Economic Times medical device research and development in India. The article highlighted the emergence of Andheri East, Mumbai, as a hub for medical technology innovation and showcased AVI Healthcare’s efforts in developing indigenous medical devices for neonatal and critical care.

The feature recognised AVI Healthcare’s focus on designing and manufacturing medical devices that address real clinical challenges through continuous research, engineering excellence, and product innovation. It also highlighted the importance of indigenous product development in making advanced healthcare technologies more accessible and affordable.

Commitment to Research & Product Development

Research and development have always been at the core of AVI Healthcare’s growth. This article highlighted the company’s continued investment in developing medical devices—from product design and engineering to validation, testing, and regulatory certification.

The feature noted that AVI had invested significantly in research and development activities, including product development and CE certification, demonstrating the company’s long-term commitment to delivering globally compliant medical technologies.

Overcoming Funding Challenges

The article also discussed one of the major challenges faced by medical device innovators in India—funding research and product development. Unlike many industries, medical technology companies often invest substantial resources internally before their products reach the market.

AVI Healthcare’s journey reflected this commitment, with the company investing in research and product development to bring innovative healthcare solutions to clinicians and patients. The feature highlighted how perseverance, technical expertise, and a strong focus on quality helped the company continue its innovation journey despite these challenges.

Recognition Through the Power of Ideas Initiative

The article also highlighted AVI Healthcare’s recognition under the Power of Ideas Initiative, through which the company received ₹5 lakh in prize funding. The recognition acknowledged the company’s innovative approach to medical device development and provided valuable encouragement for its ongoing research initiatives.

Building India’s Medical Technology Ecosystem

Being featured in The Economic Times was an important milestone in the company’s journey of innovation and engineering excellence. The coverage recognised the company’s contribution to India’s growing medical device industry and its commitment to developing high-quality neonatal and critical care equipment through continuous research and development.

Today, the company continues to invest in product innovation, quality, and regulatory excellence, delivering advanced medical devices that support healthcare professionals and improve patient outcomes across India and international markets. What began as a strong commitment to research and indigenous product development has evolved into internationally recognised achievements. AVI Healthcare’s ICU Ventilators are among the first in India to be CE certified under the European Medical Device Regulation (EU MDR 2017/745), and the company also became the first in India to receive ICMED 13485 Plus certification for Infant Warmers, Phototherapy Units, Transport Incubators and Infant Bubble CPAP Units. These milestones reflect AVI Healthcare’s continued focus on innovation, quality, and globally compliant medical technologies.