The Union Health Ministry will soon be regulating prices of medical devices and implants. Prices of almost 400 medical medicines will be reduced by 50%. This would also include BP machines, CT and MRI machines. Further, the center also plans to amend the Drugs and Cosmetics Act. The health ministry officials said, “As of now, there are various types of medical implants that are out of regulation. Once it is done, the government will have the authority to check the prices and quality.
And every manufacture has to take the license." These regulations will imply to the manufacturers who want to sell their implants in India. This cost reduction would bring great relief to the patients. Many implants cost more than ₹50,000. But now the prices will be reduced by 50-80%. Once the market is regulated the price and quality check will also be done. Devices like pacemaker, hip and spine implants…
