Seminar Report

Medical Plastics : Materials, Applications And Processing

For Medical Devices And Pharmaceuticals Industries

Implant Devices

Medical Devices : Indian Scenario

• Annual Consumption 

• Medical Devices : Rs. 7000 crore 

• Medical Instrumentation : 5,000 crore 

• Annual growth rate : 12-15% 

• Second largest in Asia after China 

• 80% met by imports 

• Indigenous production worth 1400 crore

Medical Devices : Indian Scenario

Reasons for low indigenous production

• Low inputs in indigenous R&D 

• High cost of imported technology 

• Lack of sufficient trained manpower 

• Larger risks involved in producing and marketing medical devices

Medical Devices : Global Scenario

• USA - $68 Billion (Rs. 340,000 crore) 

• 480,000 people employed in 

• UK - £5 Billion (Rs.35,000 crore) 

• JAPAN - $9 Billion (Rs.40,000 crore) 

• BRAZIL - $3.3 Billion (Rs.15,000 crore) 

• CHINA - $2 Billion (Rs.9000 crore) 

• INDIA - Rs. 7000 crore
  
  INDIAN contribution in the global market : < 0.2%