About this document
Indian Medical Device Market Insights by zakir052 is a document available to read on EtoBox.
The Indian medical device industry is projected to grow at a CAGR of 12-13% from FY20 to FY25, driven by government initiatives and increasing healthcare demand. ICICI Securities initiates coverage on Poly Medicure and Tarsons with BUY ratings, anticipating significant growth for organized domestic companies. The sector remains fragmented and import-dependent, with MNCs dominating, but domestic players are gaining market share by offering quality products at competitive prices.
- Author
- zakir052
- Language
- EN