POLYMED: Is it a Long Play ?
Medical devices industry in India has the potential to grow at 28% p.a. to reach $ 50 bn by 2025. Infusion therapy contributed around 68.60% to turnover in FY19.
Medical Devices Industry in India : Sizeable & Scalable
Brief About the Industry Indian medical device industry is dominated by MNCs. The industry is majorly dependent on imports covering average 70-75% of the demand and that is huge ! The medical devices industry was valued at US $ 4.9 billion (estd. Rs. 32,874 cr.) in 2017 which is expected to reach US $ 11 […]