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Indian healthcare sector expected to reach a size of 50 billion by 2025

Science and Technology Minister  Dr Jitendra Singh has said that the Healthcare sector in India is expected to reach a size of 50 billion dollars by 2025.

Addressing the 14th CII Global MedTech Summit in New Delhi, Dr Singh said, over the past two years healthcare has become more focused on innovation and technology.

He said, 80 per cent of healthcare systems are aiming to increase their investment in digital healthcare tools in the coming five years.

The Minister added that India aims to achieve 10 to 12 per cent of the global market share of the medical devices sector.

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