India is The 4th Largest Market for Medical Devices in Asia
SNAPSHOT Fostering innovation for improved health The medical devices industry in India consists of large multinationals, with extensive, service networks, as well as small and medium enterprises (SMES). The current market size of the medical devices industry in India is estimated to be $ 5.2 bn. As per the Department of Pharmaceuticals, the estimated retail market for medical devices Is between $ 9.3 bn - $ 108 bn.
Diagnostic imaging, consumables, and other medical devices form 86% of total export trade for Indian medical devices industry in FY 2016-17. The USS.is the largest exporter, accounting for 15% of the export trade.
Singapore, Germany, and China are the otherleading exporters, accounting for 7%, 6.7%, and 6.4% respectively. The European Union constitutes 27.1% of the total exnort trade.Furthermore, the U.S., Germany, China, Japanand Singapore constitute the five larges exporters of high technology medical equipment.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.
IFET Infra Private Limited is Registered in Mumbai with Corporate Office in Delhi and Head Office in Mumbai.