Medical Devices Park in Hyderabad: Revolutionizing Healthcare Innovation!

Telangana has made remarkable progress in nurturing the health and life sciences industry. The state has become a major player in vaccine production, making one-third of the world’s vaccines and earning the title of the vaccine capital. It also contributes around 35% of India’s pharmaceutical production.

This impressive growth is centered around Hyderabad, a city with a thriving ecosystem that makes it unique.

One of Hyderabad’s standout features is its dedication to expanding life science parks such as Genome Valley, Medical Devices Park, and the upcoming Pharma City, which are set to be the world’s largest developments.

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How does Hyderabad’s State-of-the-Art Medical Devices Park Paving the Path for the Future of Healthcare?

Hyderabad excels in fields like life sciences, technology, and healthcare, attracting companies specializing in areas like plastics, precision engineering, and electronics. As a result, significant advancements in healthcare are happening in the region.

With a motive to make a new India, the Government has taken initiative to set up various Medical Device Parks. The Medical Devices Parks plays a crucial role in promoting Telangana’s thriving life sciences ecosystem.

Why is it important? Let’s explore the world of Medical Device Parks!

Medical Devices Park

In 2017, the Telangana State Government introudced a game-changing concept called “Medical Devices Park ”, in Hyderabad, which is in line with “Make in Telangana” and “ Atma Nirbhar Bharat” initiatives.

Are you ready for this groundbreaking leap forward? Let’s dive in.

The Medical Devices Park is an important initiative by the Telangana government, aiming to harness the industry’s potential and reduce reliance on imports. It has now become the largest hub in India for medical technology research, innovation, and manufacturing.

The park is HUGE, covering an area of 302 acres and has gained immense popularity among leading medtech companies.

Since its launch, the park has received an incredible response and has attracted around 50 companies to establish their research and manufacturing facilities within its premises. These companies have made a substantial investment of approximately Rs. 1500 crore.

Not only that, but these companies are expected to generate about 7,000 direct job opportunities.

To further support the park’s tenants, the government has partnered with testing laboratories in the city to provide essential testing facilities.

Objectives

Lower Costs, Wider Access: Setting up a Medical Device Park brings the promise of reducing production costs for medical devices and drugs, making them more accessible and affordable for people within the country.
Harnessing Resources, Boosting Growth: By optimizing resource utilization and scaling up the medical device industry, we can unlock a host of benefits that come with it. This includes creating a favorable environment for the growth of the industry, ultimately benefiting patients and healthcare providers.
Fueling Innovation: The establishment of a Medical Device Park acts as a catalyst for innovation and the creation of new, cutting-edge medical technologies. This will drive progress in the healthcare sector and lead to improved patient outcomes.

Key Highlights

Wide Range of Medical Devices: The park caters to various medical needs, from surgical equipment and diagnostic devices like cardiac imaging and X-rays to life support equipment such as ventilators. It also encompasses implants and disposable medical supplies.
Exciting Incentives: The government is committed to offering competitive incentives, surpassing offers from other states, making Hyderabad the preferred choice for your medical device ventures.
Ecosystem of Suppliers: With over 1000+ small and medium-sized precision engineering businesses and 6000+ plastics manufacturers, the park can handle various materials, ensuring a reliable supply chain.
Abundant Talent Pool: The park is surrounded by esteemed research and training centers like the Indian Institute of Chemical Technology, Central Institute of Tool Design, and more. It also benefits from the presence of top engineering and medical institutes, such as IIT, IIIT, JNTU, and renowned medical colleges.

Location

The Medical Devices Park is located in Sultanpur, Patancheru, in the Sangareddy district. It is situated in the economic hub and is close to the financial and technology center of Hyderabad.

The Hyderabad International Airport (Rajiv Gandhi International Airport) is just a 50-minute journey away. The nearest railway station at Chanda Nagar, Hyderabad, is within a 30-minute radius, offering convenient travel options for those relying on public transportation.

check out the location here: https://maps.app.goo.gl/y4ivKDGPRpzUtoRq9

The park is well-connected through the Outer Ring Road (ORR), an 8 Lane Expressway that links it to the Mumbai Highway, ensuring smooth transportation of goods and services

The renowned Indian Institute of Technology, Hyderabad, is a 40-minute drive from the park, providing opportunities for collaboration and knowledge exchange. It only takes a 30-minute drive to reach the Central Business and Financial District of Hyderabad, making it easily accessible for business activities.

The Medical Devices Park is surrounded by major landmarks such as Hitech City (40 mins), Genome Valley (60 mins), Hyderabad Pharma City (90 mins), Sanat Nagar Dry Port (55 mins), Manufacturing Cluster (60 mins), Electronics Cluster (60 mins), and popular city hubs like Inorbit mall.

Key Amenities

Ample Water Supply: The park has access to 10% of the state’s water resources allocated exclusively for industrial use, guaranteeing sufficient water supply. Every day, the park receives 546,000 gallons of water, fulfilling the needs of businesses within its premises.
Smooth Commuting: Inside the park, there are well-developed roads, making it easy to get around. These roads are 100 feet wide and smoothly paved, ensuring convenient transportation within the park.
Environmentally-friendly Practices: Environmental sustainability is a priority, and the park ensures proper effluent treatment. There are two functional Effluent Treatment Plants (ETPs) nearby, easily accessible to the businesses. Transportation facilities are available to ensure responsible waste disposal to the ETPs.
Reliable Power Supply: Located in Telangana, the park benefits from uninterrupted power supply as the state has been power surplus for the past three years. To further enhance the power infrastructure, there are plans for an additional $15 billion investment. Within the park, all internal roads have 11 KV lines to efficiently distribute power. Additionally, there’s a substation with a load capacity of 16 MVA to meet the power requirements. But wait, there are more to know! The Medical Devices Park also offers a range of advanced scientific facilities to support research and development activities:
Testing & Certification Labs: These labs are equipped with state-of-the-art facilities for conducting various tests and certifications. They include EMI-EMC testing capabilities to ensure safety, reliability, and radiation compliance. The park also has partnerships with global certification agencies to streamline the certification process.
Rapid Prototyping & Tooling Lab: This lab provides cutting-edge technologies for 3D printing, including Fused Deposition Modeling (FDM), Stereolithography (SLA), Selective Laser Sintering (SLS), and 3D scanners. It also offers CNC machines and capabilities for design and tooling. It’s like a dream come true for creating prototypes quickly!
Common Facilities for Medical Device Testing: The park provides common facilities for essential testing procedures. These include sterility and toxicity testing, biocompatibility and biomaterial testing, electrical safety and reliability testing (component testing), as well as radiation testing using techniques such as gamma irradiation. The facilities also cater to 3D printing and molding requirements. Last but not least!
Warehouse: With a massive 100,000 square feet, there’s a huge warehouse in the park dedicated for storing and distributing medical devices. The warehouse is compliant with global standards and offers a secure facility with third-party logistics (3PL) services.

Financial Assistance from Government

The Ministry of Chemicals and Fertilizers has allocated a total budget of Rs 400 crores for Medical Devices Park’s initiative. Under the scheme called “Promotion of Medical Device Park in India,” the government will provide support of up to Rs 100 crore for the construction of each Medical Device Park. The project will be executed by the State Implementing Agency (SIA) under the guidance of the Central Government. The scheme will be in effect from FY 2020-2021 to FY 2024-2025.

Now, here’s the exciting part! Each Medical Device Park will receive common infrastructure facilities that cover 70% of the project cost. It gives a significant boost to promote the development of the healthcare industry in these areas.

The government has set a maximum limit of Rs 100 crores for each Device Park. This ensures fairness and effective utilization of resources.

Benefits of Medical Device Park

Why India Needs a Medical Device Park?

Imagine a world where medical devices and drugs are more affordable and easily accessible in India. That’s precisely what a Medical Device Park can do.

It offers an opportunity for the medical device industry to grow and make the best use of resources.
Innovation and creativity will be encouraged, leading to new advancements in medical technology.
The Medical Device Industry provides world class infrastructure that makes India a global leader.
By reducing production costs, it will make medical devices and pharmaceutical drugs more affordable in the local market.
The park will provide easy access to top-notch testing and infrastructure facilities, boosting competitiveness and lowering production costs. Ultimately, this will improve the availability and affordability of medical devices in India.
By optimizing resources and taking advantage of economies of scale, the park will bring significant benefits.

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Manufacturers in Medical Devices Park Hyderabad

Do you know there are around 50 companies allocated in Medical Devices Park? Here’s the list of them.

Bio Anthem Devices: Manufactures disposable surgery packs, wound care dressings, and anesthesia critical care products.
Arka Medical Devices: Produces dental implants, prosthetics, and related instruments.
Promea Therapeutics: Produces orthopedic implants and wound care products/devices.
Arni Medica: Manufactures Gynecologist, orthopedist medical and hospital equipment related devices.
Sahajanand Medical Technologies: Specializes in minimally invasive coronary stent systems.
Akriti Oculoplasty Logistics: Specializes in making furniture and medical devices for eye care.
Sipra Labs: Engages in research, development, and manufacturing of implantable medical devices.
Krishcare Formulations: Produces inhalers for respiratory conditions.
Medflow Healthcare: Specializes in hemostatic agents and 3D printed metal implants.
Yantra Thinkdent: Creates dental mouth props with suction tip holders for comfortable treatment.
Aslam Enterprises: Manufacturers of intensive care electrical and hydraulic equipment.
Jayhida Medicare: Specializes in ECG electrodes and wound dressing products.
Rocit Animal Health: Specializes in VTM kits for animal healthcare products.
Vivid Plastics: Offers manufacturing facilities for medical devices.
Magnatek Enterprises: Produces high-quality medical equipment.
APF Meditech: Produces catheters, surgical applicators, auto injectors, and orthopedic implants.
Rees Medilife: Provides sterile kits for various medical procedures and home dressings.
Elvikon India: Produces 3D printed medical implants.
SRC Laboratories: Manufactures surgical gloves, gowns, and disposable aprons.
Flexid Technopack: Manufactures primary packaging components for medical devices.
Shanthi Industries: Specializes in single-use needles.
Renaud Bio: Produces medical devices, including IV cannulas.
Senso Core Medical Instrumentation: Manufacturers of analytical and diagnostic analyzers, point-of-care devices, and reagents.
Appidi Technologies: Designs and manufactures disinfection equipment and hospital HVAC systems.
Kavitha Engineering Industries: Specializes in urine collection bags and surgical applicators.
Mediblue Healthcare: Specializes in disposable wound care products.
Trident Technologies: Produces ultra lamps for dermatological disorders.
GVR Pharma: Produces menstrual pads, vaginal douching tablets, and cold therapy products.
Krishcare Formulations: Produces inhalers for respiratory conditions.
Invitron Advanced Analytics: An exclusive analytical testing laboratory for medical devices.
RR Animal Health Care: Manufactures RNA extraction kits for animal healthcare.
Medicube Healthcare: Produces medical devices for urology and general surgery.
Magnatek Enterprises: Produces high-quality medical equipment.
Bhimavarapu laboratories: Produces orthopedic implants, compression screws, and rods.
Simson Life Sciences: Manufactures dental fillings, diagnostic kits, and medical devices like oximeters and IR thermometers.
Huwel Lifesciences: Produces multiplex real-time PCR kits for advanced diagnostics and manufactures rapid antigen and antibody kits.
Renaud Bio: Produces medical devices, including IV cannulas.
RR Animal Health Care: Manufactures RNA extraction kits for animal healthcare.
Medicube Healthcare: Produces medical devices for urology and general surgery.
Keycare Drugs: Produces pharmaceutical medical devices.
Sri Vathsa Medi Systems: Specializes in hospital furniture and medical equipment.
Sahajanand Medical Technologies: Specializes in minimally invasive coronary stent systems.
Yantra Thinkdent: Creates dental mouth props with suction tip holders for comfortable treatment.
Sipra Labs: Engages in research, development, and manufacturing of implantable medical devices.
Flexid Technopack: Manufactures primary packaging components for medical devices.
Shanthi Industries: Specializes in single-use needles.
Appidi Technologies: Designs and manufactures disinfection equipment and hospital HVAC systems.
Kavitha Engineering Industries: Specializes in urine collection bags and surgical applicators.
SMT Cardiovascular: Manufactures Heart related medical devices.

Reasons for an investment in the Medical Devices Park

If you’re wondering why you should invest in the Medical Devices Park, here are some straightforward reasons that will answer your question.

Reliable and uninterrupted power supply for smooth operations.
Access to a talented pool of professionals in the healthcare and life sciences fields.
Streamlined processes for obtaining approvals and licenses, saving time and reducing bureaucracy.
Convenient location with easy access to the airport, suppliers, and skilled professionals.
Presence of more than 20 incubators promoting innovation and collaboration in the life sciences and MedTech sectors.
Opportunity to tap into the growing Indian market and expand globally.
A supportive ecosystem that fosters MedTech innovation with renowned institutions in close proximity.

Impact of Medical Devices Park on Real Estate

The synergy between the healthcare technology hub and the real estate market enhances the overall growth and prosperity of the communities in the vicinity of the park.

The establishment of the Medical Devices Park in Telangana has a transformative impact on the real estate sector in the surrounding areas.

Here’s why:

Job creation in various sectors, attracting residents and boosting housing demand.
Increased demand for housing due to professionals seeking proximity to the park.
Upsurge in property values as demand for housing and commercial spaces rises.
Infrastructure development to support the growing population and improve connectivity.
Rise in commercial development, including offices and business complexes.

Conclusion

In simple terms, the Medical Devices Park has achieved remarkable growth in a short period, becoming India’s largest medical devices cluster. It offers various facilities and has attracted significant investments.

One remarkable feature of the park is the largest stent manufacturing facility in Asia, owned by SMT. It has the capacity to produce a million stents and 1.25 million balloon catheters. This demonstrates the park’s significant contributions to the medical devices industry.

Within just 5 years, the Medical Devices Park has become the largest functional medical devices cluster in India. Around 900 new investment projects, amounting to a total of $2 billion, have been initiated in the sector. This reflects the growing interest and confidence in the park as a hub for medical device manufacturing.

As more factories begin operations in the Medical Devices Park, Telangana is creating a favorable policy environment that encourages companies to enhance their value and develop globally recognized products. This progress positions the state to become a global leader in the medical devices sector.

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Medical Devices Park in Hyderabad: Revolutionizing Healthcare Innovation!