India has been able to establish itself as a major force in the global medical technology scene by resolving industry issues and conforming to international norms. Speaking at the Medical Technical Association of India’s (MTaI) Medtekon 2025, Patel stated that the field of medical technology in India is one that is expanding quickly and is highly vibrant, according to Minister of State for Health Anupriya Patel.
She stated that there is a situation in which the need for healthcare is growing while technology advances and developments are ongoing.
According to her, everyone wants improved healthcare results and delivery.
“The government is also providing a lot of support to its policies because we have a focus on growing India’s self-reliance in the medical technology sector. These are situations which have led to the growth and vibrancy of this sector. The country’s medical sector is the fourth largest in Asia after China, Japan and South Korea. And we are also among the top 20 globally,” she said.
“The current size of the industry, which is around 14 billion dollars, is expected to reach around 30 billion dollars by 2030. And by the same year, we also expect that the global market share of India will increase from the current 1.65 per cent to around 10-12 per cent,” Patel said.
She pointed out that there has been amazing development even in the export sector. In the most recent fiscal year, India’s exports were around 3.8 billion dollars.
She said that they have been steadily rising in each of the five main sectors.
The government has been working to guarantee that the industry benefits through a number of policies, programs, and initiatives.
“The medical device policy, which was approved by the government in 2023, addresses every need of the sector in a very comprehensive manner. Along with it, the effective implementation of the regulatory framework where we place a lot of emphasis on transparency and global alignment, that has also led to the growth and progress of the industry that we see today.
“A milestone achievement has been the adoption of the medical device rules in 2017. And also the digitalisation of the regulatory processes which has reduced a lot of paperwork and streamlined the interaction between the stakeholders as well as the regulators,” she said.
The Medical Devices Promotion Council has been reconstituted with industry and government stakeholders, and the Export Promotion Council, which was established for medical devices, is opening up new international markets for our products, the minister stated.
The government has permitted 100% FDI through the automatic route in order to draw investments, and the inflow into this industry under the FDI policy has increased.
“By addressing the sector’s challenges and by aligning with the global standard, we have been able to position India as a leading player in the global MedTech landscape…It would not be inappropriate to say that India’s MedTech sector today stands as a beacon of hope and possibility,” she said.
Patel called for optimally harnessing both the domestic as well as global currents in the industry, strengthening the ties between the government and the industry and all the other stakeholders like healthcare provider to create a future where medical technology is just not helping us to improve the healthcare outcome, but it is promoting the overall societal well-being”.
Pavan Choudary, Chairman of the Medical Technology Association of India said, “At MTaI, we believe that sharp advocacy is rooted in thoughtful deliberation, and MedTekon 2025 exemplifies this vision. Our membership growth — from 42 to 57 companies — makes us India’s largest MedTech association, underscoring the fraternity’s commitment to fair, equitable, and constructive industry progress.”
According to Choudary, MedTech has become a unifying factor in a time when international cooperation is stalling, bringing countries together even during difficult times.
“The pandemic showcased this collaborative strength, with open-source ventilator designs, technology transfers, and supply chain resilience ensuring medical access across borders. However, MedTech is not just about healthcare — it is a keystone sector, integral to national security, as compromised medical devices could be weaponized by hostile actors,” he said.
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