India’s orthopaedic and cardiac implant sector is witnessing rapid growth, fueled by rising demand, improving healthcare access, and strong domestic manufacturing. With the market expected to nearly double by FY28, the industry is evolving into a key pillar of India’s medical technology. Image credit: Pixabay India’s orthopaedic and cardiac implant...
IBT spoke with Dr. Niraj Jha, founder and CEO of Hanuman Care, a digital-first EMS startup that’s redefining how emergency medical services operate in India. With over 20 years of experience spanning healthcare management, hospital systems, and tech integration, Dr. Jha is leading efforts to make emergency response faster, more...
India’s healthcare sector is growing rapidly, yet persistent gaps in access, affordability, and quality—particularly in rural areas—pose serious hurdles. AI is emerging as a powerful tool, offering scalable solutions like telemedicine, smart diagnostics, and operational efficiency. But as this technology reshapes healthcare delivery, a pressing question remains: can it truly...
India’s healthcare sector is on the brink of a major leap. With spending set to rise from 3.3% to 5% of GDP by 2030, the country is entering a new era of healthcare transformation—powered by rising demand, strategic investments, and bold policy shifts. A recent CareEdge report captures this momentum,...
AI in healthcare is expected to add US$ 25-30 billion to India’s GDP by 2025, improving accessibility, diagnostics, and treatment, as per a recent Deloitte report. Government initiatives like the India AI Mission and the Digital Personal Data Protection Act, 2023, support responsible AI adoption and data security. AI adoption...
India’s pharma exports are expected to double to US$ 65 billion by 2030 and reach US$ 350 billion in value terms by 2047, moving to the top five position globally by diversifying its product basket, reveals a new report by Bain & Company. The report highlights the need for innovation,...
India’s CDMO market is projected to double from US$ 7 billion to US$ 14 billion by 2028, driven by strong API and generic drug manufacturing capabilities, along with cost advantages over China. India’s Contract Development and Manufacturing Organization (CDMO) market is on track for substantial expansion, projected to double from...
India’s MedTech industry, valued at US$ 12 billion in 2023, is projected to reach US$ 50 billion by 2030, driven by innovation, digital integration, and supportive government policies. Rising healthcare demand, medical tourism, and infrastructure development are fueling growth. The Indian medical device industry is evolving from being heavily import-dependent...
With advancements in technology and a decline in physical activity, India is experiencing a substantial rise in chronic diseases. Cardiac arrests, diabetes, and high blood pressure are increasingly prevalent among the young population. This trend has spurred the development of innovative gadgets and solutions aimed at mitigating the effects of...
The Performance Linked Incentive (PLI) Schemes have showcased remarkable success, with exports under the targeted sectors exceeding Rs 3.20 lakh crore (US$ 38.5 billion). Major contributions come from sectors including large-scale electronics manufacturing, pharmaceuticals, food processing, and telecom & networking products. Till now, 746 applications have received approval across 14...
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