Pre-Budget 2024: Mapping Growth for India’s Medical Devices Sector
The medical device industry in India is witnessing remarkable growth, with revenue in 2023 reaching approximately ₹1,04,760 crore (US$12.8 billion). Forecasts suggest that India could reach US$50 billion by 2030 at a CAGR of 16.4%, underlining immense potential.) Key developments for 2023 include initiatives such as the National Medical Device Policy 2023 (NMDP 2023) and … Read more