The Medical Device Market In India-Split-Wide-Open

Released on = August 17, 2006, 11:07 pm

Press Release Author = RNCOS

Industry = Healthcare

Press Release Summary = The healthcare industry is replete with striking
opportunities for investment in high quality, specialized medical equipments. While
the demand is likely to rise there is complete absence of domestic manufacturing

Press Release Body = Opportunities in Indian Healthcare sector are quite promising
with steady rise in GNP & living standard and favorable demographic figures. The
economy has been on the upswing with a number of favorable factors like free market
environment and overall industrial development.

Indian Healthcare sector has seen progressive increase in investments in healthcare
infrastructure and facilities, especially hi-tech medical devices. In 2004, medical
equipment and supplies contributed a significant $ 1263 Mn to the overall HealthCare
Industry. Demand for medical equipments is rising annually at an impressive rate of
13-16 %.

As a result of a conspicuous absence of domestic manufacturing for medical devices,
there are immense possibilities for multinational players. Foreign participation is
required, especially in high-tech devices that account for roughly 45-55 % of the
entire market. Most Indian healthcare institutes use foreign medical equipments for
the purpose of surgery, diagnosis of cancer and medical imaging.

The market research report, \"Opportunities in Indian Healthcare Sector\", by RNCOS
brings to the fore the escalating demand for Medical Devices in Healthcare Sector in
India. The growth in demand is consistent and is expected to touch US$ 1.8 Bn by
2010. However, the country is highly dependent on imports with countries like the
U.S, Germany and Japan constituting 85% of the demands.

The research report addresses all critical issues related to the performance of the
sector:

. What are the emerging trends in the Healthcare sector in India?
. What are the key policies regulating Healthcare sector in India?
. What is the future scenario of the Healthcare market in India?
. Who are the Key players in the Healthcare Market in India?
. What are the Opportunities in Indian healthcare sector?
. What Challenges affect the Healthcare Sector performance?

This report provides a detailed analysis of the industry, which will help the
investors to comprehend the changing dynamics of the Healthcare industry.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM054.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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