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Medical Technology Market in India

Medical Technology Market in India

Medical Technology Market in India – Engagement pays off

Authors: Maria Klaas, Klaas consulting and Harshita Gupta, Morulaa Healthtech PVT. Ltd.

May 2023 – Medical Technology Market in India. India, the seventh largest country in the world with a population of almost 1.4 billion, offers medical device manufacturers a market with great opportunities, but also with many challenges.

According to GTAI, the market is growing at an average rate of 22% per year. The current market size is estimated at 11 billion USD. Ernest & Young consider a growth of up to 50 billion USD possible in 2050. 

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Sensors in combination with implants

Sensors in combination with implants

©iStock-metamorworks

Sensors in combination with implants as “the” future opportunity for medtech companies

January 2023 – In the field of sensors in combination with implants and application systems, considerable technical progress has been made in recent years. They are thus considered “the” future opportunity for medtech companies.

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Market Segmentation in Germany

Market Segmentation in Germany

Market Segmentation in Germany as a Key Success Factor for Market Entry

July 2021 – Market Segmentation in Germany – According to the Federal Ministry of Health, there are about 400,000 different medical devices in Germany. These are diagnostic devices, products for surgery, intensive care, implants, products for sterilisation but also covers and medical aids of various kinds or surgical materials and laboratory diagnostics, and many more.

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MRA between Switzerland and the EU

MRA between Switzerland and the EU

MRA: Switzerland is preparing a worst-case-szenario

April 2021 – MRA between Switzerland and the EU has to be updated. The new MDR has implications for the market introduction of medical devices in Switzerland.

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Market Barriers in Germany for Medical Devices

Market Barriers in Germany for Medical Devices

Market Barriers to the introduction of medical devices in Germany. What could these be and how can they be overcome?

Market barriers to market entry to Germany for Medical Device Manufacturers
photo: iStock
Market barriers to market entry in Germany for Medical Device Manufacturers

December 2020, Maria Klaas – According to a recent study from 2020 by Clairfield International, the German medical technology market is by far the largest in Europe with € 33 billion. It is therefore no wonder that small and medium-sized enterprises (SMEs) from Germany or abroad want to participate in this market. 

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