Indian Imaging Device Market to Surpass $7 Bn by 2033 March 29, 2025 India’s diagnostic imaging market is set to grow at a 7% CAGR, reaching $7 billion by 2033, with portable imaging and AI-driven solutions driving expansion.
Navigating Global Regulatory Challenges in Medical Devices: What India Needs to Accelerate Global Expansion March 10, 2025 Indian MedTech startups face complex global regulations that hinder expansion. Discover strategies to overcome regulatory barriers, streamline approvals, and position India as a global medical device leader.
Health Ministry to Form Expert Committee for Monitoring Adverse Effects of Medical Devices February 10, 2025 The Ministry of Health is establishing a dedicated panel to assess medical device-related adverse events, ensuring better safety standards and regulatory oversight in the healthcare sector.
PLI Scheme for Medical Devices Sees INR 1,057 Cr Investment Realised December 10, 2024 The PLI scheme for medical devices in India has realised INR 1,057 Cr in investment, with INR 8,039 Cr in sales, including INR 3,844 Cr in exports, as of September 2024.
India's Medical Devices Sector Poised to Reach $50 Bn by 2030 November 28, 2024 India’s medical devices sector is projected to grow exponentially, reaching $50 billion by 2030 from $12 billion in 2023.
MedTech Sector Projected to Reach $20 Bn by FY27 with Govt’s New Manufacturing Scheme November 14, 2024 India’s MedTech sector is set to expand to $20 billion by FY27 with a new government scheme supporting domestic manufacturing, targeting reduced import dependence and cost stability.
PSAIIF Files PIL Over Illegal Import of Refurbished Medical Devices October 21, 2024 PSAIIF has filed a PIL in the Delhi High Court, raising concerns over the increasing import of refurbished medical equipment in India.
Govt Introduces Uniform Marketing Code for Medical Devices Sector September 9, 2024 The Indian government has implemented a uniform marketing code for the medical devices industry to address unethical practices in the sector.
India's Medical Devices Industry Set for 5x Growth by 2030: DCGI July 25, 2024 India's medical devices industry is poised to grow fivefold by 2030, said Drugs Controller General of India (DCGI), Dr Rajeev Singh Raghuvanshi.
ADMI Seeks Union Budget Reforms for Medical Devices Sector July 17, 2024 The Association of Diagnostic Manufacturers of India (ADMI) has laid out several critical demands ahead of the Union Budget 2024-25.
AiMeD Urges Customs Duty Hike for Medical Devices July 16, 2024 The Association of Indian Medical Device Industry (AiMeD) has called on the Union Ministry of Finance to revise and increase the customs duty on 95 items out of approximately 160 listed under the HS Codes of Medical Devices.
MTaI Welcomes Govt’s Global Tender Exemption for Medical Devices July 2, 2024 The Medical Technology Association of India (MTaI) has commended the Central government's recent initiative to release the Global Tender Enquiry (GTE) exemption list for medical devices.