The Booming Healthcare Industry in India Opportunities, Growth, and Market

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The Booming Healthcare Industry in India: Opportunities, Growth, and Market Size The healthcare industry in India stands at the cusp of a transformative era, fueled by technological advancements, evolving patient preferences, and supportive government initiatives

INDUSTRY SCENARIO

GROWTH DRIVERS

The current market size of the Indian Medtech industry is estimated to be $ 11 bn with a CAGR of 15% over the last 3 years with the potential to reach $ 50 bn by 2030

Robotic process automation (RPA)

MEDICAL DEVICE

75% Shifting Disease Burden

Imports from countries such as the US, France and Germany

DIAGNOSTICS INDUSTRY

Policy Support & Incentives

Currently valued at € 3.64 Bn

The share of the organized sector is almost 25% in this segment

Insurance Coverage

Emergence of telemedicine

15% in labs

10% in radiology

MEDICAL TOURISM

Medical Infrastructure

Currently valued at € 4.55 - € 5.55Bn

12BN BY 2026

KEY TREND IN HEALTHCARE INDUSTRY INDIA

BIG DATA

ROBOTICS

WEARABLES

NEW DEVICES

FRENCH KEY PLAYERS IN INDIA

1. Increasing demand: reach US$ 50 billion by 2030. 2. Opportunities in Export: Trade is expected to increase by an additional US$ 5 billion per annum, 3. Policy support: In July 2022, the government tabled a draft for the new Drugs, Medical Devices and Cosmetics Bill 4. Increasing Investments: FDI inflow in the medical and surgical appliances sector at US$ 3 billion between April 2000-June 2023.

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