Lewes, DE -- (SBWIRE) -- 02/02/2016 -- Medical Devices Manufacturing Industry in India is expected to be worth US$ 5.78 billion by 2020, finds a new research report launched by NOVONOUS. Indian medical device manufacturing market is expected to grow at a CAGR of 15% by 2020. Indian Medical Devices and Equipment industry is an import-led market and about 70%-80% of finished goods and related components are sourced from foreign countries. This trend is expected to continue till 2020.
Read the full press release at http://www.sbwire.com/press-releases/good-growth-opportunities-in-indian-medical-devices-manufacturing-market-till-2020-finds-new-research-report-661804.htm