GlobalData’s research reveals that the Indian medical devices market, which accounted for more than 13% of the Asia-Pacific medical devices market in 2019, is expected to grow at a compound annual growth rate of 7.5% through 2025.
India recently invited Japan to invest in its medical device industry and this is expected to help the country achieve its aim of building an international standard medical device industry, according to GlobalData, a leading data and analytics company.
Source: Globaldata
