US Medical
Device Companies Visit India to Explore Burgeoning Healthcare Market
Minnesota firms were joined by
companies nationwide to attend a Medical Trade Mission to India March 2-8 to
take advantage of a rapidly growing middle-class whose healthcare consumption is
increasingly hard to ignore.
The Indian healthcare industry is
estimated to be $50 billion and is expected to reach over $75 billion by the end
of the year, according to a Department of Commerce memo promoting the mission.
The companies had the chance to
meet Indian government officials, hospital administrators, distributors,
physicians and tour hospitals in the three cities. It gave them a lot of
confidence with the next round of market evaluation.
http://www.medcitynews.com/2012/03/medical-device-firms-go-to-india-to-explore-burgeoning-healthcare-market/
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