Insights Success The 10 Most Admired Medical Device Companies in De | Page 30

The 10 Most Admired MEDICAL Device Companies in 2017 GESCO Healthcare The Trailblazer of Quality Surgical Instruments & Implants Samuel Williams George CEO T he medical devices industry has evolved significantly over the last six decades with the market, expected to grow more than 10% year on year. The market, which was initially dominated by large western players, now consists of several Indian companies. GESCO Healthcare is a 55-years-old leading Medical Device Manufacturing Company which endeavors to alleviate pain for patients across the globe. The company focuses on the Manufacturing of High-quality Neuro, Orthopaedic and Spinal implants and a vast array of high-quality Surgical instruments. GESCO having accreditations such as Indian FDA, ISO 13485, 9001, CE marking, US FDA, WHO-GMP is a testament to the quality of products that the company offers. GESCO recently launched a new Division to manufacture Natural Remedies. About the Rousing Journey of this Successful Enterprise After Independence, the Indian Surgical instruments Industry was in a very primitive stage. Most of the surgical instruments were imported and therefore were expensive. Mr.Theodore George had manufacturing experience in surgical instruments, and he saw plenty of potentials as there were a huge demand from surgeons to supply quality surgical instruments at reasonable prices. In order to serve customers with affordable, high-quality surgical 28 instruments, Mr. Theodore George founded GESCO in the year 1962. In the year 1985, Mr. Samuel Williams George, the current CEO and the eldest son of Mr. Theodore George joined the business as a young engineer. In the early 90s, Samuel George saw a gap in the market for good quality Spinal implants at affordable prices as European and American giants dominated this market. Inspite of the heavy competition that they face in the market, their rich R&D experience, cutting-edge machinery, inherent focus on quality and innovation helps them to differentiate themselves from their competition. Now, GESCO’s expertise leading in manufacturing on high-quality surgical instruments supplemented the production of high-quality Spinal implants at affordable prices. Today, GESCO is the largest Spinal implants manufacturer in the country. Providing Best-in-class Tools that will Change the Face of the Healthcare Industry Mr. George’s vision, when he founded GESCO, was to create a company that produces the highest quality of innovative medical devices, an ethos that runs throughout the company. GESCO has one of the most advanced medical device manufacturing facilities in the country. Their entire facility, including the machining shop floors, is |December 2017 |