India’s health and medical markets are dynamic and are changing due to innovation, increasing awareness, and changing consumers. Some of the most viable industries include health supplements, medical clothing, and rehabilitation as well as assisting devices. The health supplements start-up environment in India is well-developed due to increasing awareness about health and improving purchasing power. New players are coming up with various products for meeting the health requirements of the people with immunity boosters, weight loss supplements, and nutritional support for athletes. At the same time, the medical clothing market in India is steadily growing and developing intensively. The COVID-19 pandemic caused the necessity of high-quality medical apparel to be more evident, thus, the rise in protective clothing, scrubs, and lab coats. Currently, Indian manufacturers are directing their efforts towards innovation where they are using antimicrobial fabrics and ergonomically friendly designs that make it safer and more comfortable for the healthcare workers. This market also benefits from the growth of the medical tourism industry because patients from other countries look for safe environments to receive their treatments.
The rehabilitation and assistive equipment market is another segment that is rapidly growing at the same time. Due to the aging population and people’s awareness of disability, there is a growing need for rehabilitation equipment and means like wheelchairs, prosthetics, and mobility aids. This is where technology is proving useful, with startups inventing new smart assistive devices that grant more autonomy to the person and better results. Such factors as government programs and legislations on disability rights and accessibility create more demand for this market.
In the current issue, we introduce you to the top companies in these segments. In this issue, Industry Outlook has identified the select few companies that have done particularly well in these industries with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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