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AdvaMed official: India's medtech market could be $30 billion in a decade

February 24, 2015 by Mark Hollmer

An AdvaMed official predicts that India’s medical device market could be worth $30 billion in a decide, if government can find the right recipe of regulations and policies to nurture the industry.

India eases foreign ownership rules for medical device makers

While the medical device industry in India is worth about $4 billion today, that number could climb to $30 billion in a decade with regulations and government policies that spur investment and growth.

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