What factors are driving growth in India medical device market today?


📍
Delhi
Country:
India
Category:
Health & Medicine
Phone:
+91 9899018826
Email:
saanvis754@gmail.com
Website:
https://www.dueranconsultancy.com/
Date:
Added on 14 Apr 2026
Address:
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.


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