IESA report on “Current status and potential for medical electronics in India”, 2010  

IESA has released a sector report on the opportunities in the Indian medical electronics field. The report was released by Dr. Devi Shetty of Narayana Hrudayalaya.

Key findings:
 
  • Medical electronics is valued at Rs. 3850 crores of the Indian overall healthcare market of Rs. 300,000 crores.
  • The Indian medical electronics market growth is taking place due to some key features which are unique to this country:
       -   Changing demographics and age profile which is prone to spend more on
            healthcare.
       -   Rise of lifestyle diseases and the need for their diagnosis.
       -   The need to fill the gap in healthcare infrastructure through Public-Private-  
            Partnership
       -   Growth in medical tourism to address international needs
       -   Entry of corporate into the healthcare arena  
       -   Increase in healthcare spend due to increase in healthcare insurance
  • Usage of semiconductors is critical from power supply to display in medical equipment. This includes medical imaging, patient monitoring systems, digital hearing aids and infusion pumps, to name a few.

     
    Cost of Medical Electronics Report 2010
    Members :   INR 3000
    Others :   INR 4000
    Prices include taxes and courier charges within India.

   

 Click here for the Medical Electronics executive summary