Archive for the ‘Business report’ Category

Medical Device Manufacturing Moves to India

Friday, January 20th, 2012

Medical device manufacturers are migrating to India as medical pipelines in the west get seriously thin, said Professor Balram Bhargava of the All India Institute of Medical Sciences during a lecture at Judge Business School, Cambridge University. He also predicted that China, Israel and India would join forces in ...

India’s Medical Device Market Poised for Double-Digit Growth During Next Five Years

Sunday, November 13th, 2011

The Indian medical device market is booming, writes emerging markets analyst Ames Gross in the current Consultants Corner. Currently valued at approximately US$3 billion, India's medtech market is expected to grow 12% to 16% during the next five years, according to Gross, president and founder of the Pacific Bridge consultancy. ...

Guide Helps Foreign Manufacturers Penetrate India’s Booming Medical Device Market

Tuesday, July 19th, 2011

Pacific Bridge Medical recently announced the publication of India Medical Devices Manufacturers, Distributors and Exporters Directory 2011. This comes at a time when India, the world’s fourth largest economy, is benefiting from increased affluence and greater accessibility to healthcare. With a population of almost 1.2 billion people and a growing private ...

Number of Surgical Procedures in India Forecast to Double by 2013

Monday, July 18th, 2011

Almost 17 million surgical procedures were performed in India in 2009, achieving an annual growth rate exceeding 18%, according to a study published by the Clearstate healthcare consultancy. Driven largely by the private sector, the volume of surgical procedures is set to double by 2013.

India’s Ultrasound Market to Double by 2015

Tuesday, June 21st, 2011

Valued at nearly US$120 million in 2010, the ultrasound market in India is expected to double by 2015, according to a recent report from Frost & Sullivan. The major market segments of ultrasound products in India are black and white machines, colour doppler units and laptop systems. The miniaturisation of ...

India’s Rapid Microbiology Products Market Set for Explosive Growth

Friday, February 18th, 2011

The market for rapid microbiology products in India is currently valued at approximately Rs 100 cr and is expected to grow tenfold in the next three years, as organisations begin using it for in-process applications, according to Bhanu Prakash, CEO of Automed Group of Companies. Prakash was speaking to the press ...

Indian Semiconductor Industry Identifies Medical Electronics as Key Growth Area

Wednesday, January 19th, 2011

Semiconductors are an integral part of most medical equipment, starting from high end imaging to small handheld devices. Interestingly, the role of semiconductor components becomes more critical as medical devices become smaller and more portable. Nevertheless, imaging and monitoring systems, digital hearing aids and infusion pumps are the primary drivers ...

Innovation Scorecard: India Ties with Brazil

Wednesday, January 19th, 2011

A report issued by PwC Pharmaceuticals, Medical Device and Life Sciences Industry Group earlier this week analyses factors that contribute to medical technology innovation. By quantifying five factors using 86 different metrics, PwC attempted to evaluate how well developed and emerging economies promote the advance of innovation, looking at the ...

India’s Medtech Market, As Seen from China

Wednesday, November 24th, 2010

India’s medtech market is valued at approximately US$2.3 billion. The high-tech end of the medical device market currently is dominated by multinationals with extensive service networks. However, Indian purchasers are price-sensitive and seek value for money. To cater to their needs, the private sector has continued to invest in the ...

Medtech Industry Looks to India and Other Emerging Markets for Growth

Monday, October 25th, 2010

Private healthcare expenditures in countries such as Australia, India and Indonesia are expected to experience double-digit growth rates during the next few years—significantly higher than predicted growth in the United States, writes Terumo Americas President and CEO Kazuaki Kitabatake in the Pulse of the Industry report published by Ernst & ...