The Indian medical devices market is expected to increase at a CAGR of 35.4% from 2020 to 2025, reaching $50 billion, according to the IBEF.
The Government of India will soon launch a special incentives scheme to support 75 start-ups in areas of telemedicine, digital health, and AI.
Soon, academic institutes, labs, and industries across India can jointly apply for funds to work on innovations in areas of energy, healthcare and aviation.
Lam Research has funded additional critical care facilities at the Hassan Institute of Medical Sciences (HIMS) in Karnataka.
A team of researchers at JNCASR has designed a robust, mobile oxygen concentrator that can be used in rural settings.
Incap has been granted permission for partial operations to support the manufacturing of critical electronic equipment.
KLA is expanding its COVID-19 relief efforts in India with a donation of $550,000 to help combat the second wave of coronavirus infections currently taxing the country's healthcare system.
Biosensor startup Altair Medical aims to bring hospital grade respiratory monitoring into the home and avoid premature deaths.