The healthcare industry in India has seen an impressive growth trajectory in the past few years and the Indian medical devices market has been the sunrise segment in the healthcare space. The medical devices market is currently valued at around USD 10 billion and has been growing at a compounded annual growth rate of 15%. As per market estimates, the industry is expected to reach close to USD 25 billion by 2025.
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https://www.mondaq.com/india/life-sciences-biotechnology-nanotechnology/627736/the-medical-devices-rules-an-analysis