20 September 2023
Table of Content
1. Overview: Medical Equipment Manufacturers in India
2. Top 10 Medical Equipment Manufacturers in India
2.1. Johnson & Johnson Private Limited
2.2. Medtronic Engineering And Innovation Center Private Limited
2.3. Philips Medical Systems India Private Limited
2.4. Stryker India Private Limited
2.5. Wipro Ge Healthcare Private Limited
2.6. Becton Dickinson India Private Limited
2.7. Abbott India Limited
2.8. DHR Holding India Private Limited (Danaher)
2.9. Poly Medicure Limited
2.10. Siemens Healthcare Private Limited
Overview: Medical Equipment Industry in India
India’s medical equipment manufacturing and export sector is set for strong growth in the future due to higher healthcare spending, a growing need for top-notch medical devices, and government efforts to promote local production and exports. As per an IBEF report, the Indian medical devices market is projected to hit $14 billion by 2025, expanding at an annual growth rate of 9.37% over the past five years. Additionally, the export of medical devices from India has been steadily increasing, reaching a value of $4.5 billion in the fiscal year 2021-22.
Top 10 Medical Equipment Manufacturers in India
Johnson & Johnson Private Limited
Johnson & Johnson Private Limited (J&J India) is an Indian subsidiary of the multinational healthcare company Johnson & Johnson, established in 1957. They are a leading manufacturer of medical equipment, consumer healthcare products, and pharmaceuticals. Their diverse range of products includes surgical instruments, orthopedic implants, diagnostic devices, and patient monitoring systems. J&J India serves various industries, such as hospitals, clinics, nursing homes, and pharmaceutical companies, both public and private. Known for their quality, innovation, and customer service, they’re considered a top medical equipment manufacturer in India. They have a strong history of developing and launching new products to meet the needs of the Indian healthcare market.
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Medtronic Engineering And Innovation Center Private Limited
Medtronic Engineering And Innovation Center Private Limited is based in Hyderabad, India, and was founded in 2011. It’s a major hub for creating and improving medical devices through software and engineering. Medtronic Engineering And Innovation Center Private Limited develops a wide range of medical equipment like devices for the heart, diabetes management, neurological tools, and spinal cord stimulation systems. Their clients are primarily hospitals, clinics, and healthcare providers worldwide. Medtronic Engineering And Innovation Center Private Limited is highly regarded in India for its dedication to innovation, quality, and ensuring customer satisfaction.
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Philips Medical Systems India Private Limited
Philips Medical Systems India Private Limited, founded in the Netherlands in 1896, is a global leader in health technology. They provide a wide range of medical solutions, including diagnostic imaging systems, patient monitoring, and healthcare informatics. In India, they are a major player in the medical equipment market, serving hospitals, clinics, diagnostics, and research institutions. Their strong reputation for quality and innovation makes them a top choice for medical equipment in the country.
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Stryker India Private Limited
Stryker India Private Limited, a part of Stryker Corporation, is a major medical device manufacturer in India. Established in 1999, they produce a wide range of medical equipment like joint and spine implants, surgical tools, neurovascular devices, and sports medicine products. They supply these to hospitals, clinics, and healthcare providers across India. Stryker India is esteemed for its dedication to innovation, quality, and customer satisfaction, making it a top medical equipment manufacturer in the country. They are known for creating and introducing new products that significantly improve the lives of countless patients in India. The company also emphasizes a collaborative work culture and employee development.
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Wipro GE Healthcare Private Limited
Wipro GE Healthcare Private Limited is a prominent medical equipment manufacturer in India, established in 1990 through a partnership between Wipro Limited and General Electric Company. Their offerings span imaging systems, patient monitoring systems, and medical IT solutions. Catering mainly to healthcare, research, and education sectors, their clientele comprises hospitals, clinics, diagnostic centers, and research institutions across India. The company is renowned for its dedication to quality, innovation, and customer service, positioning it as a leading medical equipment manufacturer in India. Their strong history includes the development of innovative products that precisely match the Indian healthcare market’s requirements. Wipro GE Healthcare is committed to providing exceptional service and support to its customers.
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Becton Dickinson India Private Limited
Becton Dickinson India Private Limited (BD India), a prominent medical technology company, was established in 1995. BD India is known for providing a broad range of cutting-edge and reliable medical equipment, such as diagnostic systems, laboratory tools, surgical instruments, infection prevention products, and medication management systems. Their dedication to enhancing patient lives has earned them recognition as a leading medical equipment manufacturer in India, valued for their quality, innovation, and customer satisfaction.
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Abbott India Limited
Abbott India Limited, a subsidiary of Abbott Laboratories, is a leading medical equipment manufacturer in India, established in 1910. They offer a wide variety of medical devices, including diagnostics, diabetes care products, and cardiovascular devices. Abbott India caters to hospitals, clinics, healthcare providers, and pharmacies nationwide. Their commitment to innovation, quality, and customer satisfaction has earned them recognition as a top medical equipment manufacturer in India. With a strong history of creating and launching new products, Abbott India continually improves the lives of millions of patients. Moreover, the company is known for its collaborative work culture and emphasis on employee development.
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DHR Holding India Private Limited
Danaher, operating in India as DHR Holding India Private Limited, is a major medical equipment manufacturer established in 2007. Their wide product range includes diagnostic equipment, life sciences products, and environmental solutions. Danaher serves hospitals, clinics, healthcare providers, pharmacies, and consumers. Renowned for their innovation, quality, and commitment to customer satisfaction, Danaher is a top medical equipment manufacturer in India. They have a strong track record of developing and launching new products that significantly enhance the lives of many patients. Moreover, Danaher is known for its collaborative work culture and dedication to employee growth.
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Poly Medicure Limited
Poly Medicure Limited, established in 1995, is a major Indian medical device company. They specialize in producing a wide range of disposable medical devices for various purposes like infusion therapy, blood management, surgery, anesthesia, urology, gastroenterology, and dialysis. Their clientele includes hospitals, clinics, healthcare providers, pharmacies, and consumers across the globe. Poly Medicure is acclaimed as a top medical equipment manufacturer in India, known for its dedication to innovation, quality, and customer satisfaction. The company has a strong history of developing and launching new products that have significantly improved the lives of millions of patients. They are also known for promoting a collaborative work culture and focusing on employee development.
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Siemens Healthcare Private Limited
Siemens Healthcare Private Limited, a part of Siemens Healthineers AG, is a leading medical equipment manufacturer in India, established in 2015. They provide a broad range of medical equipment, including imaging systems, laboratory diagnostics, and therapeutic solutions. Catering to hospitals, clinics, healthcare providers, and research institutions across India, Siemens Healthcare Private Limited is recognized for its commitment to innovation, quality, and customer satisfaction. The company has a strong track record of developing and introducing new products that have improved the lives of millions of patients. Siemens Healthcare Private Limited is also known for its collaborative work environment and focus on employee development.
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