India's diagnostic and laboratory equipment market is on the rise, driven by factors such as increasing healthcare demand, government initiatives to improve healthcare infrastructure, and the growing adoption of advanced medical technology. The COVID-19 pandemic has further boosted the demand for testing and diagnosis, leading to an increase in production capacity and the adoption of innovative medical technology.
To continue advancing the country's medical sector, the Indian government has launched the 'Make in India' program, which aims to establish medical hubs throughout the country and encourage local companies to contribute to the sector's expansion, thus fueling the market's growth.
The growing market for diagnostic and laboratory equipment in India presents significant opportunities for local and international companies to provide advanced and innovative medical technology, catering to the growing demand for reliable and accurate healthcare services in the country.
Established in 2007, Krish Biomedicals is a prominent Indian manufacturer of medical equipment, particularly in the field of diagnostic and laboratory equipment. The company has earned a reputation for its reliable and accurate medical solutions, making it a pioneer in the industry.
Krish Biomedical has made significant progress in the diagnostic and laboratory equipment market since its establishment. Initially starting as a distributor, the company collaborated with industry leaders such as Horiba, Thermofisher, and Randox, gaining a deep understanding of the market. In 2012, the company began OEM manufacturing of diagnostic and clinical laboratory equipment. By 2017, Krish Biomedical had set-up its own manufacturing facility,
producing a range of high-quality products such as freezers, refrigerators, BOD/CO2 incubators, and more.The company has also formed strong relationships with clients and supplied over 3000 freezers and refrigerators to government authorities in various regions of India. “In 2022, the company established an automated manufacturing facility at AMTZ Visakhapatnam and has since become one of the major manufacturers in the refrigeration sector”, says Sharad Jain, Director, Krish Biomedicals.
Innovative Medical Solutions
Krish Biomedicals is a renowned manufacturer and supplier of top-quality diagnostic and laboratory equipment. The company's portfolio includes advanced technologies, such as the 3-door BOD incubator, blood bank refrigerator, and ultra-low temperature deep freezer. The 3-door BOD incubator is the first of its kind in India and features a unique capability to run simultaneously at different temperatures in various time slots. With a touch-screen display, RFID, and password protection features, the machine is user-friendly and equipped to prevent unethical practices.
The blood bank refrigerator is another distinctive product, with segregated chambers designed to store blood collections by their blood groups, reducing the need for extensive segregation efforts and ensuring proper storage. The ultra-low temperature deep freezer comes equipped with an IoT-based data extraction system that sends temperature data directly to a cloud-based system for easier monitoring and maintenance, providing optimal safety and security for stored samples.
Krish Biomedical's success is driven by its experienced and skilled team of industry experts, including engineers, technicians, and professionals with a wealth of experience in manufacturing, marketing, and distributing diagnostic and laboratory equipment. The company takes a customer-centric approach and leverages the team's collective expertise to meet clients' specific needs and deliver high-quality products and services.
The company's state-of-the-art production facility in AMTZ Visakhapatnam, uses medical-grade stainless steel while manufacturing fully automated machines to ensures accurate and reliable results. Krish Biomedicals uses the latest technology to ensure a seamless user experience and adheres to the best trade practices, which are certified by CE, ISO 13485, QCI, and an ICMR product appreciation letter.
Krish Biomedicals provides end-to-end services, including analyzing clients' requirements, delivering customized products on time, and providing specialized engineers for installation and maintenance. The company's expertise lies in understanding market dynamics, using the latest technology, and delivering quality and punctuality, which sets it apart from its competitors.
Krish Biomedical is continuously striving to innovate and upgrade its products to cater to the evolving needs of the healthcare industry. In the next three months, the company plans to launch a more advanced range of blood bank products to ensure accuracy, eliminating the possibility of human error.
The company is also working towards expanding its global footprint by exporting its products to more countries. To achieve this, the company has collaborated with various organizations while exhibiting at international exhibitions like MEDLAB Dubai to expand its international presence. Krish Biomedical is committed to delivering the best possible medical solutions and aims to continue its growth trajectory by leveraging the expertise of its skilled team and the latest technologies.
