India is a land full of opportunities for players in the medical devices industry. India’s healthcare industry is one of the fastest growing industry in terms of both revenue and employment. The entire health care industry comprises of hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment.
India’s advantage lies in the large pool of well-trained medical professionals. India is one of the most economical countries in the world for any kind of medical procedures due to which medical tourism draws a lot of revenue to the country. The medical procedures in India is about one-tenth of that compared to the US and western European countries. Hence adopting this change and to revolutionize the health care in India the sector has to embrace technology developments for better patient care management.
"Health is the most important thing you have in life!"
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