India's No. 1 Trade Fair for Hospitals, Health Centres and Clinics

Future prospects for “Medical Technology”
India will remain one of the fastest growing markets for medical technology in the world in the long term. Planned investments in hospital expansion and the introduction of state health insurance for lower income groups will further boost demand for medical products. On the basis of a current market volume of up to USD 6 billion, industry experts expect an average annual growth of 20 per cent. This is due solely to the size of the population and the enormous backlog demand. Benefiting from this growth will be primarily international manufacturers, as their dependence on imports remains high at over 70 per cent.

Source: GTAI, Branche kompakt: Medizintechnik (Medical Technology) 
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