New Delhi: Mexico, Brazil, the UK, Poland and Canada have emerged as high-growth markets for medical equipment, but India's export share in these markets remains modest, creating an opportunity for Indian manufacturers to expand their presence, according to a study by India Exim Bank, a government-owned financial institution that finances and promotes India's international trade.
The study identified overseas markets where medical device imports grew above the global average during 2022-2024 and where the countries accounted for at least a 1 per cent share of global imports in relevant categories.