The 107th session of the Indian Science Congress Association, will be held at the University of Agricultural S...Read more
Darwin, the three day event organized by Bioriidl from 28th to 30th November in Mumbai, saw bio-experts and en...Read more
Waters Corporation has announced its 2025 sustainability goals and simultaneously announced a commitment to re...Read more
Dr. (Col) R. Ranga Rao, VSM has joined the Paras Hospitals, Gurugram as the Chairman, Paras Cancer Centre...Read more
Mumbai-based Bombay College of Pharmacy (BCP) has been awarded Special Jury Mention for ‘Excellence in E...Read more
Indigenous medical device and diagnostics market growing at 6% crosses Rs 36,000 crore
The market of indigenous medical device and diagnostics is worth Rs 36,400 crore growing at 6 per cent for 2018-19. Indian medical device and diagnostics market comprises of over 800 companies. The domestic medical devices market is highly fragmented with less than 100 companies generating a revenue of over Rs 50 crore per year. The growing demand for quality healthcare and the absence of matching delivery mechanisms pose a challenge and certainly a great opportunity.