Committee Report : Medical Device Industry in Sunshine Sector | 03 November, 2022

Sansad TV
Vaccines, drugs and medical devices are the three vital pillars of the modern healthcare industry. The current market size of the medical devices sector in India is estimated to be USD 11 billion and its share in the global medical device market is estimated to be 1.5%. India is the 4th largest market for medical devices in Asia after Japan, China and South Korea and is amongst the top 20 markets in the world. Medical Device Industry has been recognized as a key industry under the Make in India initiative and accorded the status of ―Sunshine Sector. Indian medical devices industry has potential to reach 50 billion dollars by 2030.

Anchor/ Producer- Kriti Mishra
Video Editor- Muktar Ali

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