About the event
The medical devices industry, integral to healthcare, is poised for substantial growth in the Indian economy. With the market estimated at USD 11 Billion and projected to reach USD 50 Billion by 2030, the sector has demonstrated a steady Compound Annual Growth Rate (CAGR) of 15% over the past three years.
India currently imports nearly 86% of its medical devices, presenting a significant opportunity for domestic manufacturing. Complex medical products like cancer diagnostics, medical imaging tools, and PCR technologies offer promising avenues for industry expansion.
Recognizing this potential, both domestic and international manufacturers are actively exploring opportunities in the Indian market.
In line with these developments, ASSOCHAM presents the Medical Devices Conference, themed "Unlocking the Next Wave of Growth for the Medical Devices Sector." This event aims to convene key stakeholders, including policymakers, regulators, manufacturers, investors, and academicians, to discuss strategies for fostering growth and innovation in the industry.
Key Focus of the conference
To Promote Domestic Manufacturing in India
Encourage Investments & to create an investor-friendly environment.
Enhance competitiveness
Ease of doing business in Medical Devices Sector
Market Access and Exports
Encourage Innovation& Futuristic Technologies in Medical Devices
This conference would delve into the transformative trends shaping the manufacturing landscape of medical devices in India. The event aims to foster collaboration through dialogue, address pertinent issues, share valuable insights, and explore innovative solutions that can drive the sector forward.