Home Industry Healthcare India’s Medtech Boom Adv...
Healthcare
Business Fortune
18 March, 2025
India is transforming healthcare with world-class prosthetics, increased funding, and self-reliant medtech innovation.
The medtech sector is set to change Viksit Bharat's way in terms of healthcare innovation with India standing on a threshold of revolutionized healthcare. As it speeds up this drive for self-reliance, India aims to become the great hub of the world for innovation, manufacturing, and access to healthcare.
This vision encompasses the spirit of "Make in India, Made for the World"; inspired by transformation in the lives of many people and with the view to place India in the arena of global leadership in assistive healthcare solutions, manufacturing prosthetic products of high quality and solutions at international standards.
India has once again entered the manufacturing field by producing indigenous, world-class prosthetics. However, millions of people around the world continue to struggle with the lack of quality prosthetics. Apart from all this, India is on its move beyond healthcare and stepping into economic growth, jobs, and technology, making its way to becoming one of the world's hubs in innovating assistive healthcare.
The progressive journey of the country is reflected in the inclusive character of the progress. With its foundation of "Vasudhaiva Kutumbakam", which symbolizes the world as a family, it is stretching beyond its border by cosmetic solutions, "Made in India, made for the World" for global outreach.
The Union budget of 2025 has taken a transformative turn by allocating ₹99,858.56 crore to the Health Ministry and stepping toward a whole new level of increased funding in healthcare. Improving healthcare access with this funding infusion, especially in rural areas, will guarantee that quality medical care is not a privilege but a basic right.