India to import key medical products from China

With the demand of key medical items such as ventilators, N95 masks and personal protective equipment (PPE) surging following the rise of the number of coronavirus (Covid-19) cases, the Indian Government has reached out to China to restore the supply of these devices and vital components required for manufacturing. The shortage of medical equipment is going to be the biggest challenge though the Government has already banned the export of these devices with immediate effect, says GlobalData. GlobalData’s research reveals that the Indian ventilators market, which accounted for around 12% of the Asia-Pacific (APAC) ventilators market in 2019, is expected to grow at a compound annual growth rate (CAGR) of 4.8% through 2025. Currently, India’s public health spending on the gross domestic product (GDP) is amongst the lowest in the world. India has a poor health infrastructure with fewer intensive care beds, and ventilators and most of them are based in large cities. Private healthcare facilities are better equipped but expensive and are non-accessible to a majority of the population. Rohit Anand, medical devices analyst…

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