In 2022, the domestic production of medical devices in India reached about eight billion U.S. dollars. Projections indicate that by 2030, this is expected to expand to over 50 billion dollars, with a compound annual growth rate of 26.7 percent.
Domestic production of medical devices in India in 2022, with an estimate for 2030
(in billion U.S. dollars)
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Global Trade Research Initiative. (August 7, 2023). Domestic production of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1466500/india-medical-devices-domestic-production/
Global Trade Research Initiative. "Domestic production of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars)." Chart. August 7, 2023. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1466500/india-medical-devices-domestic-production/
Global Trade Research Initiative. (2023). Domestic production of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1466500/india-medical-devices-domestic-production/
Global Trade Research Initiative. "Domestic Production 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/1466500/india-medical-devices-domestic-production/
Global Trade Research Initiative, Domestic production of medical devices in India in 2022, with an estimate for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1466500/india-medical-devices-domestic-production/ (last visited January 08, 2025)
Domestic production 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/1466500/india-medical-devices-domestic-production/
