BETiC-NSE Foundation
The Biomedical Engineering and Technology Innovation Centre (BETIC) at IIT Bombay was set up to bring together clinicians, researchers, entrepreneurs, and facilitators to develop indigenous medical devices that are affordable and suitable for the Indian population. Another vision of the project is to be ‘atmanirbhar’ and contribute to the ‘Made in India’ movement.’
BETiC-NSE Foundation
Name of the Project:
Innovative Medical Devices for Affordable Healthcare
Vision of the Project:
The Biomedical Engineering and Technology Innovation Centre (BETIC) at IIT Bombay was set up to bring together clinicians, researchers, entrepreneurs, and facilitators to develop indigenous medical devices that are affordable and suitable for the Indian population. Another vision of the project is to be ‘atmanirbhar’ and contribute to the ‘Made in India’ movement.’
Unfortunately, there are three critical gaps in India’s healthcare industry. These include Innovative Products, Trained Innovators, and Integrated Facilities. BETIC and the NSE Foundation have come together to address these crucial gaps, develop indigenous capability in the field of medical device innovation, and strengthen our healthcare ecosystem.
The key objectives of the project are:
– Six novel medical devices which have completed the first stage of field trials, will be identified and deployed through NGOs and Government hospitals, etc. for larger field and market trials
– Train at least 12 aspiring researchers/innovators
– Utilize the existing facility for product development
The project will be situated in Maharashtra and other resource-constrained states.
Output of the Project:
The key output of the project is split into two broad categories: Qualitative and Quantitate Indicators.
Quantitative Indicators:
- Number of new devices developed
- Number of innovators trained
- Number of NGOs/Hospitals utilizing the facilities
- Number of camps conducted
- Number of patients benefited
- Number of new jobs created
Qualitative Indicators:
- Systematic approach
- Inter-disciplinary work
- Involvement of all stakeholders
- Skill development
- Job creation
- Reduced healthcare burden
Impact of the Project:
The impact of the project is also split into two broad categories: Qualitative and Quantitate Indicators.
Quantitative Indicators:
- Indigenous products in the market
- High-value employment generation
- Faster development of products
- Reduced cost of diagnosis or treatment
- Better or faster treatment/ rehabilitation/ early prevention of diseases
Qualitative Indicators:
- Knowledge integration
- Success stories
- Affordable Healthcare
- Economic impact
Beneficiaries:
Direct Intended Beneficiaries:
- Products: NGOs, charitable trusts, govt. hospitals and patients will benefit from the availability of affordable innovative medical devices for screening, diagnosis, monitoring, surgery, assisting, and rehabilitation of patients.
- Training: Aspiring innovators will be trained and their prototypes will be quickly translated into marketable products. Help will also be provided to commercialize the products through startups in technology business incubators.
- Facility: The integrated facility will save considerable time, effort, and funds whilst coordinating with different vendors to develop and test medical products. It will expand the scale and scope of R&D, thereby serving many other research groups in the Institute and the local regions.
Indirect Intended Beneficiaries:
- The reduced healthcare burden, import substitution, socially impactful ventures, and employment opportunities that the project will create will significantly support the state and central government.
The medical device solutions will also benefit other South-East Asian/ African countries with low resources.
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