Medical technology involves the application of science to develop cure-based solutions. The medical technology market comprises players supplying health devices and instruments, diagnostic equipment and reagents, bionics, implants, disposables, and consumables to the healthcare providers. India is a profitable destination to major global players, owing to increase in income levels,...
Read MoreThe frozen food market, which comprises chilled fruits and vegetables, snacks, meat, poultry and seafood, and ready-to-cook meals, has grown significantly in recent years. Rapid rise in the number of modern retail and online grocery stores, and proper refrigeration facilities are the primary reasons for this development. Improved shelf-life and...
Read MoreThe demand for educational institutions has picked up, owing to the rise in population. Parents prefer private schools to government ones due to the limited number of English medium government schools. Students of private educational institutions have better exposure to smartphones, electricity, and internet facilities for to avail online classes...
Read MoreMarket insights: The pharmaceutical industry has witnessed rapid growth in the past few decades and is expected to develop further, owing to huge export possibilities. The business caters to 50% of the global demand of various vaccines, 40% of generic medicines demand in the US, and 25% of all medication...
Read MoreIn India, there are approximately 562 medical colleges under the National Medical Commission (NMC). Admission to medical institutions is based on the National Eligibility Entrance Test (NEET) ranks. There are ~50.89% government medical colleges and ~49.11% private medical colleges in the country. The private medical colleges are equipped with advanced...
Read MoreMarket insights :Hospitals are the major stakeholders in Indias healthcare ecosystem. About 70% of the rural population and 80% of the urban residents rely on private hospitals. High disposable income, rise in population, and changes in disease profiles are driving the expansion of the market. Furthermore, the Ayushman Bharat initiative...
Read MoreThe online food delivery system allows customers to order and receive desired food products at their doorstep. Change in lifestyle and eating habits, stringent work schedule, and increase in the number of working women, and rise in disposable income drive the online food delivery market. Some of the key players...
Read MoreHealthcare is one of the biggest industry in India, in terms of revenue and employment generation. Kerala has the best healthcare facilities, followed by Andhra Pradesh and Maharashtra. Market insights: The healthcare market was valued at INR 17.62 Trn in 2020. It is expected to expand at a compound annual...
Read MoreMarket insights The healthcare apps market is dominated by small and medium-sized start-ups that are trying to expand their reach further. Stakeholders in the Indian healthcare ecosystem are focusing on leveraging healthcare apps to make up for the shortcomings of traditional infrastructure. During the pandemic, the use of healthcare apps...
Read MoreIndia is at the initial stages of making the transition to electric vehicles. Concerns regarding pollution and other environmental issues, along with lower operating costs of electric vehicles in comparison to fuel-drive ones will result in the increased adoption of electric bikes, in turn boosting market growth. With the government...
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