India Medical Equipment Industry - Defying Global Recession

HTML clipboardIndia Medical Equipment Industry:corporate hospital groups in India are responding to the
Defying Global Recessiondemand by building up new healthcare infrastructure
The medical devices industry in India was valued atshould ensure that the all stakeholders in this industry
$2.7 billion in 2008. Driven by increasing awareness andcontinue to benefit.
affordability coupled with an increasing patient pool, theScope
market is forecast to grow by 12% annually for the- Insights into market sizing and top level data on the
next seven years to reach $6 billion in 2015. ( )medical equipment industry in India
While the ongoing global recession continues to hurt- Analysis of the key recent trends and factors driving
businesses around the globe the medical devicesthe growth of the market
industry in India is expected to come out unscathed.- Review of key factors enabling the medical
The fact that the Indian medical devices industry, soequipment industry in India to resist the economic
far, has remained insulated from the global recessionrecession
can be attributed to several ongoing trends. Firstly, theReasons to buy
demand for healthcare in India is not tied to consumer- Develop business strategies with the help of specific
discretionary spending. Secondly, an affluent andinsights on key events within the medical equipment
aware patient population in India continues to demandindustry.
improved health services. Finally, the fact that the