India Medical Device Technology Market Size, Share, Impressive Industry Growth, Report 2026

Orion Market Research

India Medical Device Technology Market Share 2020: Global Trends, Key Players, Industry Analysis and Report 2020-2026 Request a sample of our report on India Medical Device Technology https://www.omrglobal.com/request-sample/india-medical-device-technology-market

Market:

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India medical device technology market is projected to grow at a significant CAGR of around 2.8% during the forecast period (2020-2026). The medical device technology market in India is expected to grow at a considerable growth, owing to the rise in the prevalence of chronic and infectious diseases, such as cancer and CVD. Moreover, the government support for the growth of the healthcare industry in India due to the rising medical tourism is further backing up to the growth of the Indian medical device technology market in the country. Furthermore, the increase in the medical institutions and hospitals will further augment the demand for medical device technology in India.

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The government initiatives, such as ‘Make in India’ are bolstering the growth of the market in India. Such initiatives are motivating the medical device manufacturers and end-users of medical devices to augment the domestic market in terms of the medical device. In March 2020, the Government of India announced a package of around $1.9 billion for the setting up of the bulk drugs and medical devices parks in the country. With such huge allocation of fund for the manufacturing of the medical devices, the pharma manufacturing and medical device manufacturing industry will project growth during the forecast period.

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Market number available for- 2019-2026 Base year- 2019 Forecast period- 2020-2026 Segments Covered- By Product Type Key Companies Profiled- Thermo Fisher Scientific Inc., General Electric Co., Accurex Biomedical Pvt. Ltd., Abbott Laboratories, Johnson & Johnson Services Inc., and Koninklijke Philips N.V.

Key questions addressed by the report   

What is the market growth rate during the forecast period?

Which segment dominates the market in base year?

Which segment will project fastest growth in the market during the forecast period?

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How COVID-19 will impact the market growth in 2020 and coming years? o Recovery Timeline o Deviation from pre-COVID o Most affected segment o Recommendations Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

India Medical Device Technology Market – Segmentation

By Product Type      

In Vitro Diagnostics Devices Diagnostic Imaging Devices Cardiology Devices Ophthalmology Devices Orthopedic Devices Others (Endoscopy Devices and Respiratory Care Devices)

For more customized data, request for report customization @ https://www.omrglobal.com/reportcustomization/india-medical-device-technology-market Company Profiles                

Abbott Laboratories Accurex Biomedical Pvt. Ltd. Baxter International, Inc. Becton, Dickinson and Co. bioMérieux SA Boston Scientific Corp.

Cardinal Health, Inc. F. Hoffmann-La Roche Ltd. Fresenius SE & Co. KGaA General Electric Co. Johnson & Johnson Services Inc. Koninklijke Philips N.V. Medtronic PLC Siemens AG Smith & Nephew PLC Stryker Corp.

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