India, May 15 -- India's medical technology (MedTech) sector is entering a more strategic phase, moving beyond a market-size narrative toward a competitiveness narrative built on capability, quality, and global readiness. This is the key headline from Poised for Takeoff: MedTech in India, a joint report by Boston Consulting Group (BCG), the Association of Indian Medical Device Industry (AiMeD), and the Kalam Institute of Health Technology (KIHT).

According to the report, India's MedTech market has reached approximately $16 billion and is growing at 13-15% annually, a pace that could scale the sector to $41-44 billion by 2030 and $ 83-89 billion by 2035.

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