In 2022, the market size of medical devices in India reached about 12 billion U.S. dollars. Projections indicate that by 2030, this market is expected to expand to around 50 billion dollars, with a compound annual growth rate of 19.5 percent.
Market size of medical devices in India in 2022, with an estimate for 2030
(in billion U.S. dollars)
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Market size in billion U.S. dollars
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Global Trade Research Initiative. (August 7, 2023). Market size of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1466496/india-medical-devices-market-size/
Global Trade Research Initiative. "Market size of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars)." Chart. August 7, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1466496/india-medical-devices-market-size/
Global Trade Research Initiative. (2023). Market size of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1466496/india-medical-devices-market-size/
Global Trade Research Initiative. "Market Size of Medical Devices in India in 2022, with An Estimate for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Aug 2023, https://www.statista.com/statistics/1466496/india-medical-devices-market-size/
Global Trade Research Initiative, Market size of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1466496/india-medical-devices-market-size/ (last visited July 22, 2024)
Market size of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars) [Graph], Global Trade Research Initiative, August 7, 2023. [Online]. Available: https://www.statista.com/statistics/1466496/india-medical-devices-market-size/