Market Assessment of Medical Devices Market in India
OBJECTIVE :A leading ICT company wanted Netscribes to help them understand the medical devices market in India.The objective was to determine the areas which the company should focus if they wanted to enter the market.
KEY AREAS COVERED AND OUR APPROACH :
A meticulous, in-depth report was made by Netscribes that focused on the present scenario, drivers, challenges, regulations and government initiatives, distribution strategies, and outlook of the medical devices market in India. The major initiatives undertaken by the central and state governments were covered. Ways of working with the state and central governments were also checked.
The research thoroughly focused on the two-tier classification of states based on initiatives. Initiatives taken in related to the medical devices industry by every state was looked at. This projected the growing importance of medical devices in India. Along with all of these, budget specific information to the medical devices industry were covered in the report.
Netscribes prepared a comprehensive report on the initiatives taken by the states in the Indian medical devices market. ROGM profiled the key Tier 1 cities and identified the major medical device companies in the market.