Medical Devices Market Size in India

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2026-05-29 12:33:11 -

india’s medical devices market is rapidly expanding, driven by rising healthcare demand, government initiatives like PLI, and increased medical tourism. Valued at over $11 billion, it’s projected to grow at 15% CAGR. Opportunities abound in diagnostics, imaging, and surgical devices, attracting global investments and fostering local manufacturing innovation.
https://www.dueranconsultancy.com/blog/medical-devices-market-in-india/

india’s medical devices market is rapidly expanding, driven by rising healthcare demand, government initiatives like PLI, and increased medical tourism. Valued at over $11 billion, it’s projected to grow at 15% CAGR. Opportunities abound in diagnostics, imaging, and surgical devices, attracting global investments and fostering local manufacturing innovation. https://www.dueranconsultancy.com/blog/medical-devices-market-in-india/

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Medical Devices Market Size in India - Dueran Consultant

The medical devices market in India was valued at Rs. US$ 15.35 billion in 2023. Find out its current size, and future outlook.

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