Price cap effect: 60% stent market with Indian cos ...Middle East

News by : (The Times of India) -
Improved affordability of stents has resulted in a 30-40% increase in usage and local manufacturers have gained market share at the expense of imports with a jump in volume to over 60% from 35% in 2016-17, industry data showed. Price regulation has also allowed better margins to Indian companies even as locally made, lower-priced products gain in the market, helping local players increase revenues.

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