The Pharmaceuticals industry was formerly thought of as a supplier of pills to the medical industry rather than one that sought to collaborate with stakeholders to work with end users of the newest technologies. Pharmaceutical and Healthcare organizations who invest are reaping tremendous rewards from innovation and making the most today’s more cost-effective technologies. The FDI inflows in the Indian drugs and Pharmaceuticals sectos reached US$ 19.90 billion between April 2000-June 2022. Indian drug & pharmaceutical exports stood at US$ 2,196.32 million in September 2022. Medical Device industry is expected to reach US$ 50 billion by 2030 growing at a CAGR of 15%.
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