New Delhi: Medical device maker, Poly Medicure announced that its 54 products catering to a diverse range of medical specialties have secured Medical Device Regulation (MDR) certification from the European nodal agency.
The certified 54 devices are used in a diverse range of medical specialties, such as Infusion Therapy, Vascular Access, Renal Care, Urology, Surgery & Wound Care, Transfusion Systems, Anaesthesia & Respiratory Care, Gastroenterology, and Diagnostics.
In Q3 FY 25, Poly Medicure reported a growth of “19.4” per cent in its European business and has a specific focus on Western European markets like the UK, France, Italy, Germany, Spain, and Sweden which contribute a significant portion of its annual revenue.
For the full fiscal year (FY25), the device maker expects a “25–30” per cent growth in its export business, driven by strong European demand and easing supply-chain bottlenecks.
“Polymed has been the largest exporter of consumable medical devices for over a decade now. The MDR certification demonstrates that our products not only meet but exceed the most stringent safety and quality standards,” Rishi Baid, Joint Managing Director, Poly Medicure said.
“With Europe already contributing half of our export revenue, this certification will further strengthen our presence and reputation in the European market,” the MD added.
An MDR certificate is a certification that a medical device complies with the European Union’s Medical Device Regulation and governs the safety and performance of medical devices in the European Economic Area.
