Emergence of medical devices in India
For the past 20 years, medical technology (medtech) market worldover has been rapidly advancing. With a constant surge in innovation that addresses complex health challenges and increased long-term disease management, the industry shows no sign of slowing down, said Sunil Khurana, CEO & MD, BPL Medical Technologies.
“The healthcare devices market will grow at a compounded rate in the times to come,” Khurana highlighted. He also threw light on the technologies that will be transforming healthcare in future and said that wearable devices are going to play a great role in healthcare.
The medical devices market has seen a huge change and is currently evolving at a faster pace with growth in ICT technologies. Likewise, speaking of the way in which IOT will applied in medical devices, he informed that in future, healthcare devices are going to be more connected which will facilitate faster and better medical outcomes.
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