What factors are driving growth in India medical device market today?
📍
Delhi
Delhi
Country:
India
India
Category:
Health & Medicine
Health & Medicine
Phone:
+91 9899018826
+91 9899018826
Email:
saanvis754@gmail.com
saanvis754@gmail.com
Website:
https://www.dueranconsultancy.com/
https://www.dueranconsultancy.com/
Date:
Added on 14 Apr 2026
Added on 14 Apr 2026
Address:
RZ 20E/ A-3, Rajnagar, Mehrauli, New Delhi-110077
RZ 20E/ A-3, Rajnagar, Mehrauli, New Delhi-110077
Business Description
india’s medical devices market is rapidly expanding, driven by rising healthcare demand, government initiatives like PLI, and increased medical tourism. Valued at over $11 billion, it’s projected to grow at 15% CAGR. Opportunities abound in diagnostics, imaging, and surgical devices, attracting global investments and fostering local manufacturing innovation.