About this document
India Medical Devices Market Overview 2023 by Kripa Mehta is a document available to read on EtoBox.
The medical devices market in India is estimated at Rs. 90,000 crore (US$ 11 billion) in 2022 and is expected to grow to US$ 50 billion by 2030. The market is split into 4 categories - Class A (low risk), Class B (low-moderate risk), Class C (moderate-high risk), and Class D (high risk). The government is taking measures like production-linked incentive schemes and establishing medical device parks to boost domestic manufacturing and growth of the medical devices industry in India.
- Author
- Kripa Mehta
- Language
- EN