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07 Oct 2014

High taxes hit medical devices DC CORRESPONDENT | July 10, 2014.

07 Oct 2014

Hyderabad: Will the new Central budget look into healthcare costs which have increased by 30 to 40 per cent as the devices used for treating diseases are imported from abroad? This is the question being raised in medical circles as the treatment for heart diseases, gastro-intestinal diseases, liver and transplants require devices that are imported from abroad. The medical device market is tipped to be worth Rs 30,000 crore, and is bound to increase due to the rising healthcare costs.


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