FDI Inflows to Medical and Surgical Appliances

FDI Inflows to Medical and Surgical Appliances is estimated to be around USD 20.5 million. Medical and Surgical Appliances is a ` 981.7 million industry with a share of 10.59 percent in the global market. The health care industry is witnessing an outflow in the manufacturing of medical equipments.

A brief Note on the Medical Equipments in the India Health Care Industry-

The health care industry in India has been witnessing a potential upsurge for the past few years especially in the manufacturing of medical and surgical appliances.

The medical and surgical appliances have witnessed Foreign Direct Investment Inflows of around USD 101.68 million from August 1991 to December 2005. Increasing volumes of foreign direct investments to medical equipments advanced technologies in various medical equipments to ensure progressive measures of treatment. The foreign healthcare industry are investing leaps and bounds in the advancement of various medical and surgical appliances and also bringing some of them in the Indian market. The Healthcare industry in India is introducing newer and innovative technologies of global standard every year in the manufacturing of medical equipments every year.

Imports in Indian Healthcare Industry-

Around thirty Indian subsidiaries of the foreign medical equipment manufacturers have received approvals for importing foreign medical and surgical appliances in the country. Some of the leading foreign companies who's Indian subsidiaries have received approvals for the import of foreign medical and surgical appliances:

• Boston Scientific
• Abbott
• Becton Dickinson
• Guidant
• Medtronic
• B braun
• Johnson & Johnson
• DePuy
• Advanced Medical Optics
• Stryker

Investments Made in Medical and Surgical Appliances in India-

FDI Inflows to Medical and Surgical Appliances is estimated to be around USD 20.5 million. The total investments made in the medical and surgical appliances in India has amounted to USD 115.29 million during August 1991 to April 2007. The market size of medical and surgical appliances segment in India has been estimated to witness a growth of 15 to 20 percent and will touch USD 5 billion by the year 2012.

Last Updated on 4/23/2011