India’s population is growing everyday and so is the need to for better and advanced medical devices. Life expectancy of Indians, which is 67.5 years right is expected to increase to 70 years by 2025.
90% of the medical devices are imported which gives the business a huge scope for research and development. There are 750–800 domestic Medical Devices manufacturers in India, with an average investment of $2.3–2.7 million and an average turnover of $6.2-6.9 million.
India is among the top 20 markets for medical devices worldwide. With a team of expert consultants such as us, we are determined to give your business the best insights and strategies to level up your business and take India higher up.
We at PruVisor collaborate with clients to create solutions in the most efficient way while having the strong focus on appropriate team selection for smooth execution, research methodology and project delivery within stipulated time frame.
Global Medical Devices Market Size, Share 2021: Industry Analysis, Demand, Trends, Forecast 2025
PruVisor Management Consulting is a research-based Management Consulting Firm providing end-to-end business research and strategic consulting services, and support to our Indian and International Clients. PruVisor Management Consulting is a group of professionals with a rich experience of decades in the field of Business/Market Research & Strategic Consulting across diverse industry verticals. Over the decade, PruVisor’s core team members have collaborated with leading Indian and International clients in solving their most analytical and complex business problems, assisting them in making enhanced business decisions, transforming actions into results and building a strategic business advantage.
Business Management Consulting firms can help foreign companies set up offices or companies based on their ambitions and desired growth in the Indian market. Smaller companies can start a Liaison office to explore prospects in India. For companies wanting to expand aggressively within the Asian markets, incorporating an LLC or Joint venture would make sense. Business Consulting Firms in India like PruVisor can help firms review the latest regulations, perform due diligence in finding the right partners, creating business strategy plan, and deal with operational issues such as labor laws, connectivity, and state-specific regulations
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contact with our Consultant : research@pruvisorconsulting.com
Want a trusted partner who can help you with your India entry strategy? PruVisor Management Consulting can help you with investment research, consulting, and assistance in regulatory compliance. Our belief in service excellence has helped foreign firms enter the Indian market successfully.
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