Indian healthcare has jumped boundary by leaps and has taken itself to be synonym with best bet for investment. Pegged at around USD 6.5 billion currently and is expected to grow to around USD 8.5-9.0 billion in next couple of years, Indian medical equipment and devices market is most lucrative opportunity for any investor. Though compared to China within region, The USA and Europe, Indian medical technology is lowly valued, it is not far away from fast growth to equal or take over China and other emerging markets in the region. With customized regulatory policies, research and investment environment, positive moves by govt. to reduce or nullify high customs duty structure will facilitate expected growth and make India as the hub for local manufacturing and export oriented region.
Estimated at around USD 0.5 billion, and contributing almost 10-11% of total Indian medical equipment and devices market, imaging diagnostics has produced stellar performance over last 6-7 years. Shift in disease portfolio from communicable disease to NCD has fueled the growth of Imaging Diagnostics market. Moreover, internet and legal ecosystem has ignited the need for evidence based treatment and also optimize infrastructure cost.
Estimated at around USD 0.5 billion, and contributing almost 10-11% of total Indian medical equipment and devices market, imaging diagnostics has produced stellar performance over last 6-7 years. Shift in disease portfolio from communicable disease to NCD has fueled the growth of Imaging Diagnostics market. Moreover, internet and legal ecosystem has ignited the need for evidence based treatment and also optimize infrastructure cost.
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