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Medical devices industry News

Medical devices industry

10 Mar 2016

Industry opposes import duty hike on medical devices

Medical devices industry has strongly opposed the government's proposal to increase the import duty, saying it will increase healthcare costs for patients and hurt the Rs 50,000-crore industry.

Medical devices

25 Nov 2015

Overpriced medical devices: Govt asks companies to submit MRP details

Amidst reports of rising prices of medical devices including stents, the Government has asked the companies to review their pricing and submit maximum retail price (MRP) details of their products to drug price regulator NPPA.

Pharmaceutical Industries

08 Apr 2015

Govt aims to raise domestic medical devices industry to $50 bn

Government is aiming to increase the size of domestic medical devices sector to USD 50 billion by taking of a slew of measures, including setting up of two parks, Fertiliser Minister Ananth Kumar said Wednesday.

Medical devices

19 Feb 2015

Medical devices could be a $30 bn industry in 10 yrs: AdvaMed

Currently, the size of medical device industry in India is estimated to be around USD 4 billion and represents just 7-8 per cent of the total healthcare industry, he added.

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