Future prospects for “Medical Technology”
In the long term, India remains one of the fastest growing markets for
medical technology worldwide. However, the healthcare system is currently
inadequately prepared for the pandemic. There are too few testing stations,
laboratories, quarantine facilities and intensive care beds with respiration
equipment. Accelerated by the pandemic, India plans to set up an additional 3
million hospital beds by 2025, investing a total of around USD 200 billion in state
hospital infrastructure. The market remains lucrative for international
manufacturers, as the import quota for medical technology products remains at a high
level of 70 percent.
Further information: www.aimedindia.com