Royal Philips launched MobileDiagnost Opto, a digital x-ray system that helps radiologists with consistent diagnostic image quality, with mobility.
The product, fifth from the Netherlands-based company which is made in India, will also be taken to the global market. The product is among a range from the Philips Healthcare Innovation Centre (HIC) here, a pioneering venture for the company in an emerging market. It began operations four years earlier.
“These products (the rive mentioned earlier) are part of our strategy of focusing our R&D work for both local-for-local use and for global markets. At present, HIC has capacity to manufacture 100 units per month of any of these. HIC is still in a nascent stage and we intend to roll out some more products from here,” said Rekha Ranganathan, its head.
More From This Section
Ranganathan says the hope is that HIC would help the company reduce dependence of Indian medical professionals on imports. In two years the facility has successfully doubled unit growth, launched global products, filed multiple patents and received significant investments.
Sameer Garde, president, South Asia, Philips Healthcare, said the medical devices and equipment market in India was pegged at Rs 30,000 crore and 75-80 per cent of the products were imported. “We want to bring down these numbers and HIC will play a crucial role. The products manufactured at HIC grew 24 per cent year-on-year. We expect HIC to grow faster than in 2014. BV Vectra will grow another four times than 2014,” he said, adding it grew 50 per cent in 2014.
HIC has filed for four patents and has 15 approved. In 2014, Philips invested approximately eight per cent of sales in research and development globally.