Mumbai: A serious shortage of semiconductor chips is now about to hit where it hurts — the critical life-saving equipment and medical technology industries. Growing chip uncertainty and supply turmoil worldwide have already led to higher prices for certain devices, some facing out-of-stocks nationwide. But more importantly, the shortage threatens the availability of hundreds of chip-driven critical care and ICU devices such as ventilators, defibrillators, imaging machines, glucose, ECG, blood pressure monitors, and implantable pacemakers. That is to be done.
By the end of the year, the impact on equities could be exacerbated and overall prices are expected to rise to 20%, medtech players told the TOI. So far, the impact of chip shortages on the hottest consumer-led sectors such as automobiles and electronics has been spotlighted. Already, chip manufacturing lead times have jumped from the previous 4-8 weeks to 30-40 weeks now, and for certain components to 100 weeks. This disrupted the manufacturer’s delivery time and caused significant delays.
Now you can manage the demand for your device and keep it priced. However, uncertainty will increase and a serious shortage may occur by the end of the year, which can exhaust existing microprocessor chips, “sells anesthesia machines, patient monitors and ICU ventilators. Said Sunil Khurana, CEO and MD of BPL Medical Technologies.
For example, the market is already short of devices such as patient monitors, defibrillators, and ECGs that use touch screens. Chips are sourced from domestic vendors importing from China, Japan, Taiwan and the United States.
“Since 2012, the industry has been sensitive to the need to build semiconductor manufacturing plants to become truly” Atma Nirbhar “in electronics and medical technology. In the mid-90s, there was a robust and vibrant computer hardware sector. Then it was ignored. We slept while China had a clear viable strategy. It’s time to prioritize this. If you don’t have time to invent, you can blindly copy a Chinese hardware model. With an independent ministry for independence and a panel of non-political experts, it’s slow, but in 10 years it could be quite “Atma Nirbhar”, “said MD of critical care and ICU maker Skanray Technologies. Said Vishwaprasad Alva. Device.
Source : The Times of India
