Over 70 percent innovation in Indian MedTech startups driven by digital integration

  • Posted on November 26, 2024
  • By Financial Express
  • 2 Views
Over 70 percent innovation in Indian MedTech startups driven by digital integration

India’s MedTech market is experiencing a surge in creativity and innovation, with 70% of startups incorporating digital technologies. The sector is expected to reach USD 50 billion by 2030, thanks to government support and factors like increasing income and infrastructure. AI and IoT are driving innovation, and the government’s PLI scheme is boosting domestic manufacturing.
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Financial Express

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