Future prospects for “Medical Technology”
In the long term, India remains one of the fastest growing markets for medical technology worldwide. However, the healthcare system is currently inadequately prepared for the pandemic. There are too few testing stations, laboratories, quarantine facilities and intensive care beds with respiration equipment. Accelerated by the pandemic, India plans to set up an additional 3 million hospital beds by 2025, investing a total of around USD 200 billion in state hospital infrastructure. The market remains lucrative for international manufacturers, as the import quota for medical technology products remains at a high level of 70 percent.
Further information: www.aimedindia.com