Health Sector in India To Reach $50 Billion By 2025

Health Sector in India To Reach $50 Billion By 2025

• India’s healthcare industry is expected to grow to hit $50 billion in size by 2025, said Union minister Jitendra Singh. Addressing the 14th CII Global MedTech Summit, “Seizing the Global Opportunity”, the minister said that under Prime Minister NarendraModi, healthcare has become more focused on innovation and technology over the past two years. About 80% of the healthcare system aims to increase investment in digital healthcare tools in the coming five years.

• Telemedicine is also expected to reach $5.5 billion by 2025. e-Sanjeevani

• India becomes one of the top markets in medical devices upwards of 14% – 15%.

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Published date : 08 Sep 2022 05:58PM