India, Aug. 7 -- image credit- pib

According to the whitepaper titled 'Service and Maintenance of Medical Devices in Indian Healthcare - Towards a Safe, Reliable, and Sustainable Medical Device Maintenance Ecosystem' released by FICI-Dua Associates Consulting, India's medical devices industry is expected to emerge as a global force by 2047 with an estimated market size of $250 billion.

The white paper released during the inaugural session of the 9th 'India Medical Device 2026' organised by the Department of Pharmaceuticals in association with FICCI (FICCI) states that India's medical devices sector, which is currently valued at around $14 billion, is projected to reach $30-50 billion within this decade and is likely to reach $250 billio...