Towards Affordable Healthcare: Domestic Manufacture Of Diagnostic Imaging Equipment

Abstract

Healthcare is one of the most important drivers’ for economic prosperity in the country. With the decrease in the healthcare spending and lack of availability of sufficient resources, it becomes important to reduce the burden on the resources by focussing on prevention of disease. The early diagnosis of diseases by using diagnostic imaging equipment is one such way. The diagnostic imaging equipment is imported from abroad due to the technological complexity of the devices which makes these procedures extremely expensive. In this paper, the identification of the correct policies for boosting the domestic manufacture of the diagnostic imaging equipment is being done. Here the analysis of the correct policies is done based on understanding the environment for boosting innovation, regulatory landscape and economic incentives for promoting boosting diagnostic imaging equipment.