With exponential development in technology and government initiatives, the healthcare and medical devices market has witnessed considerable growth and investment in the past two decades. As far as the Indian medical equipment market is concerned, the MSME sector for inland and export markets will witness massive growth due to increase in demand and opportunities generated by the ‘Make in India’ initiative of Indian Govt, GEM procurement and exponential growth & demand from private sector small/med hospitals.
Based out of Ahmedabad, LifeLine Biz Pvt. Ltd. (a registered MSME) is driven by the mission of flawless manufacturing of critical care medical equipment since 1997. Their state-of-the- art factory is equipped with the latest calibration equipment & cutting edge technology of ventilator and patient monitors to meet the demands of current healthcare infrastructure.
Talking about the current medical device market scenario, founder, VinitAcharya says, “Customers are in need of high quality, reliable medical equipment at an affordable pricing yet most of the players are struggling to maintain the pricing and quality in the present scenario, particularly due to
shortage of semiconductors and microprocessor chips around the world. We with a factory in India, inhouse design, development & manufacturing, are perfectly equipped to overcome the impending disruption of supply chain and increased costs through our affordable range of high end ventilators and other critical care equipment.”
Blending Technology with Vision
With the vision of ‘adding value to life’, Brioventan indigenously designed and developed universal turbine-driven ventilator by LifeLine Biz, has emerged as a perfect choice for its segment aimed at solving two major issues of the market, high equipment cost and lackluster after-sales service. Talking about how critical medical devices designed by Lifeline Biz has tackled current market problems, Director Mr. Acharya mentions, “Ventilator market was always import dependent in India, either import from major multinational companies or from common border countries which in turn was resulting in higher capital cost. Getting spare parts for repair and maintenance was another big challenge eventually turning it into a high cost of ownership. Briovent, our awardwinning universal ventilator, solves both the major issues by lowering the capital cost and also has low cost of ownership thanks to its sturdy and economical parts/components. Majority of its parts and components are designed and manufactured inhouse under our supervision.”
Life Line Biz with its state of the art manufacturing unit in Ahmedabad, meets all the current compliances set by CDSCO for manufacturing of medical electronic equipment. Founder & MD VinitAcharya, with specialization in Respiratory Care and experience of over 25 years in the field of medical equipment, has a vision to make high end ventilators in India that can be made available to the world. Helping him in the journey is AumAcharya an Aircraft Maintenance Engineer with specialization over electronics/avionics & a talented team of trained and enthusiastic engineers in all different departments of design, development, assembly, QC and field engineers.
The Future Roadmap
Life Line Biz since inception had its core focus on ventilation and ventilator, and with strong values and foundation of customer-centric design and development, the company managed to expand its operations from west India to pan India in such a short span.
Shedding light on future plans for Lifeline Biz, Vinit shares, “We are set to start global operations very soon. The vision is to make Briovent - an Indian ventilator on the stage of the world. Additionally, we will continue to design and develop more products in line to cater to the demand. Lifeline’s core focus will be on designing and developing high end, best quality still cost effective products in the respiratory care segment. We have also recently opened the contract manufacturing facility for those in need to manufacture the products under make in India.”
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