Bangladesh, Oct. 23 -- Bangladesh imports nearly 90 per cent of its medical equipment as a potential billion-dollar manufacturing opportunity is left largely untapped for policy shortcomings in the main.Read Economics

As healthcare demand rises and hospitals expand, the country faces a paradox: a fast-growing market for medical technology, but a domestic industry that captures only a fraction of its value.

The market was estimated at $442 million in 2020 and projected to reach about $820 million by 2025, according to industry estimates cited in a sector study.

Rising incomes, an ageing population and the growing burden of non-communicable diseases are driving demand for diagnostic equipment, hospital supplies and medical technologies....