How Did Indian Medical Device Exports Surge by 88% in Six Years?
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Synopsis
In a remarkable development, Anupriya Patel reported that India’s medical device exports have skyrocketed by 88% over the last six years, supported by government initiatives. This growth is a testament to India's emerging capabilities in the medical sector, which now serves over 170 countries. Discover how these initiatives are shaping the future of healthcare.
Key Takeaways
- 88% increase in medical device exports over six years.
- Exports grew from $2,138 million to $4,014 million.
- India exports to over 170 countries.
- Advanced devices like MRI and defibrillators are now manufactured in India.
- Government initiatives are fostering a globally competitive medical device sector.
New Delhi, July 26 (NationPress) Fueled by government initiatives, the export of medical devices has surged by 88% over the past six fiscal years, as stated by Anupriya Patel, Union Minister of State for Health and Family Welfare, during the ongoing Monsoon session in Parliament.
In a written reply to the Lok Sabha, Patel revealed that various government programs have significantly boosted domestic manufacturing in this sector, allowing it to flourish as a sunrise industry.
"In the last six financial years, medical device exports increased from $2,138 million in FY2018-19 to $4,014 million in FY2024-25," Patel remarked.
She also noted that India is exporting medical devices to over 170 countries.
Patel highlighted that a range of advanced medical equipment, including Linear Accelerators (LINACs), cobalt machines for cancer treatment, Magnetic Resonance Imaging (MRI), computed tomography (CT) scans, mammography, and ultrasound machines, along with stents, defibrillators, and more, are now manufactured in India.
To enhance domestic production of medical devices, the Department of Pharmaceuticals has introduced several schemes, including the PLI Scheme for Promoting Domestic Manufacturing of Medical Devices, the Scheme for Promotion of Medical Devices Parks, and the Scheme for Strengthening the Medical Device Industry.
“Thanks to these initiatives, the Indian medical device sector has emerged as a rapidly growing and globally competitive industry,” Patel remarked.
Additionally, Patel mentioned that various schemes have also led to a 92% increase in India's exports of drugs and pharmaceuticals.
Exports rose from Rs 1,28,028 crore in FY2018-19 to Rs 2,45,962 crore in FY2024-25, Patel informed Parliament.
These initiatives encompass the Promotion of Research and Innovation in Pharma MedTech Sector (PRIP), the Production Linked Incentive (PLI) Scheme for Pharmaceuticals, the PLI Scheme for Bulk Drugs, the Scheme for Promotion of Bulk Drug Parks, and the Strengthening of the Pharmaceutical Industry scheme.
Point of View
This significant growth in India's medical device exports reflects the nation's commitment to enhancing its healthcare infrastructure and manufacturing capabilities. The government's strategic initiatives are paving the way for India to become a key player in the global medical device market, ensuring that it meets both domestic and international healthcare needs efficiently.
NationPress
26/07/2025
Frequently Asked Questions
What is the percentage increase in medical device exports from India?
The export of medical devices from India has increased by 88% over the last six fiscal years.
How much did medical device exports grow in financial terms?
Exports rose from $2,138 million in FY2018-19 to $4,014 million in FY2024-25.
Which government schemes facilitated this growth?
Key schemes include the PLI Scheme for Promoting Domestic Manufacturing of Medical Devices and the Scheme for Promotion of Medical Devices Parks.
How many countries does India export medical devices to?
India exports medical devices to over 170 countries.
What types of medical devices are produced in India?
India produces a variety of devices, including LINACs, MRI machines, CT scans, stents, and defibrillators.
