Healthcare and MedTech: How India Is Becoming a Global Hub
Title - Healthcare and MedTech: How India Is Becoming a Global Hub In an era where healthcare innovation is reshaping global economies, India is emerging as a powerhouse in the healthcare and MedTech sectors. With a burgeoning population of over 1.4 billion and a rapidly expanding middle class, the demand for advanced medical services and technologies has skyrocketed. India's healthcare market, valued at approximately US$ 98.98 billion in 2023, is projected to reach US$ 193.59 billion by 2032, growing at a CAGR of 8.0%. This growth is not just domestic; it's positioning India as a global hub for healthcare and MedTech, attracting patients, investors, and innovators from around the world. As a member of PHDCCI (PHD Chamber of Commerce and Industry), we recognize the immense business potential in this sector. For enterprises in the healthcare and MedTech industries, India offers unparalleled opportunities for expansion, partnerships, and investment. This article delves into how...