Report: India medical device market to hit $11B in 2023

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We've heard plenty about China representing huge opportunities for device companies, but don't forget about India. The growth potential there is also substantial, and the analyst firm visiongain in the U.K. predicts the medical device market will become an $11 billion opportunity within a decade. As Today's Medical Developments reports, that would be a huge jump, considering the device market in India was worth about $3 billion in 2011. As in China, a push to expand healthcare coverage to rural parts of the country is driving India's growth. And an aging patient population represents another driving factor, according to the article. Story