Healthcare sector in India expected to reach size of 50 billion dollar by 2025

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

Addressing the 14th CII Global MedTech Summit in New Delhi, he 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 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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