The Indian healthcare industry faces many challenges and will perhaps continue to do so. But whatever the challenge, MedTech provides the solution, delivering life-changing innovations to patients at great value.
A huge wave of consolidation crashed over the MedTech industry in 2014 and early 2015. While megamergers are still occurring, with luck the immediate future will bring a steady stream of smaller tuck-in M&A deals too. In combination with an increase in FDA approvals for innovative devices, these trends should reward the companies developing the best and most useful technologies.
The CII-BCG Team shows what it shall take India to traverse the path to a USD 50 billion opportunity and gain a prominent position in the global medical MedTech market.