A fast-read primer on India's medical devices and healthcare equipment sector — the backdrop against which we benchmark every company's cost structure in this category.
The domestic market is set to more than triple by 2030, alongside steadily rising exports.
2025 → 2030 forecast
FY22 → FY25
Rising demand, export growth, and strong policy support define the category.
A sample of the industry-wide and policy moves shaping the sector through early 2026.
Listed Indian Healthcare Equipment & Supplies companies in tDoBe's cost-benchmarking coverage.
The market facts above are public background. What follows is tDoBe's own work: every "Other Expenses" line from these companies' own financial records, read by hand and sorted into one clear set of categories — not a keyword search, not each company's own way of reporting it.
Each mark is one company's total Other Expenses as % of net revenue. No company is named here.
Ranked from biggest to smallest.
General overheads and getting products to customers lead the list, followed by travel and marketing — a fairly typical cost mix for a device-manufacturing sector.
This sector mixes established manufacturers with smaller, fast-growing companies, and company size differs a lot — that gap, more than day-to-day efficiency, drives most of the spread.
We use each company's own standalone financial records — not group numbers, not each company's own labels. Every cost line is read by hand and placed into one common set of categories, so every company is compared the same way.
This is the free, sector-wide view. It tells you where Healthcare Equipment & Supplies stands as a whole — not where your own company stands against it, category by category, in rupees.
A below-average number is a reason to call too — the benchmark keeps improving as we go.