The Indian healthcare industry sized at $190 billion in 2020 is expected to grow to $370 billion by 2024-2025. Medical devices and Medical Equipment are a critical factor in this growth. With significant investments over the years and increasing FDI inflow in the medical and surgical appliances sector , this sector is expected to provide world class manufacturing facilities and products. India may well poised to be a desirable destination for manufacturing of medical devices and hospital equipment industry of the world.
