Maverick invests INR 50 Cr to boost medical innovation

All R&D operations will take place in India, with academic institutions contributing to testing and feedback processes.

Maverick Simulation Solutions, a manufacturer of simulation solutions for medical and nursing education, has allocated over INR 50 Cr to its R&D division to accelerate innovation in medical and nursing training simulators.

The investment will drive product development in areas such as task trainers, high-end simulators, and CPR trainers.

For the program, the company will incorporate advanced technologies such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR).

Further, the funding will support the creation of new prototypes and reinforce in-house capabilities spanning engineering, clinical integration, and content development.

All R&D operations will take place in India, with academic institutions contributing to testing and feedback processes.

Anuj Chahal, Founder and CEO of Maverick Simulation Solutions, said, “With this R&D investment, we want to improve product design, introduce new technologies like AR and VR, and make training more realistic and repeatable. Our aim is to impact more than 250 institutions and reach INR 300 Cr in revenue in the coming year. This is a step toward building strong foundations in healthcare learning.”

The company, which started as a 3D scanning and printing service, transitioned into the medical simulation space in 2019 and began simulator manufacturing in 2021, prioritizing domestic production.

Maverick collaborates with institutions like AIIMS, DRDO, and IITs to enhance clinical training outcomes and reduce procedural errors through hands-on tools.

Its product lineup features simulators for injection training, breast exams, vascular access, airway management, and catheterisation.

The company also manufactures advanced platforms such as LuSi and Test Chest, which are used in medical institutions across India for safe and controlled procedure training.

Dr Sunil Tomar, Director at Maverick Simulation Solutions, said, “Simulation-based learning plays an important role in helping students gain clinical confidence. Tools like IV arms and airway management simulators are now a part of the training curriculum. These products help students enhance their motor skills & practice procedures multiple times before working with real patients. Access to such tools is becoming essential for medical education.”

Going forward, Maverick plans to enter rural and semi-urban markets, supporting skill-based education with cost-effective, locally manufactured simulators to meet clinical training requirements.

Orignal Source: www.digitalhealthnews.com

Latest Topical News

We stay on top of the latest market developments to bring you relevant updates every day. Explore our selection of news articles sourced from various trusted outlets.