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As on : 17-Sep-2025

Economy - Reports
17-Sep-2025 10:22

India well-positioned to substantially increase its share in global medical technology market

Amit Agrawal, Secretary of the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, yesterday presented India's strategic vision to establish itself as a global leader in medical technology during his keynote address at the APACMed Medical Technology Forum (MTF) 2025 Leadership Dialogue on 'Unlocking India for Global Leadership in MedTech.' Highlighting India's distinct demographic advantage, sustained economic growth, and conducive policy environment, Agrawal stated that India is well-positioned to substantially increase its share in the global medical technology market by 2047. This expansion will be driven by the scaling up of public healthcare programmes, rising disposable incomes, and broader access to medical services, establishing India as one of the world's most promising MedTech markets.

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