Impact of India on Medical Devices - Thematic Research

Impact of India on Medical Devices - Thematic Research

Summary

In 2021, the global medical devices market was worth $540.7 billion. India’s market accounted for 13.4% of the world total, with a value of $72.2 billion. Currently, India is the largest medical devices market in Asia-Pacific.

While the global medical devices market is growing at a compound annual growth rate (CAGR) of 4.2% through 2030, India’s medical devices market is growing at a faster CAGR of 7.9% over the same period. The growth in demand for advanced and innovative medical devices, a growing aging population, the rising prevalence of chronic diseases, and increasing income and affordability are some of the factors propelling the growth of the market.

Scope

• This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies.
• The report covers the Geopolitics theme.

• GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• Develop and design your corporate strategies through an in-house expert analysis of geopolitics by understanding the primary ways in which this theme is impacting the medical devices industry.
• Stay up to date on the industry’s major players and where they sit in the value chain.
• Identify emerging industry trends to gain a competitive advantage.