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The Wound care and Wound closure market is expected to grow at a rate of 12-15% during the next 5 years. Wound Management products have a huge growth opportunity due to high incidence of chronic and acute wound patients in India along with a growing middle class population, having greater affordability, rising health awareness and purchasing power....

Leveraging on the middle-class populations growing demand for non-invasive surgery and their inclination to spend out of pocket on expensive medical devices required for arthroscopic surgeries, the Health Ministry plans to support the production of local, high quality devices through Healthcare 2020, a long-term plan that encourages innovation and...