Getinge, a Swedish leader in healthcare technology, is seeking to expand its footprint in India's rapidly growing hospital tech sector. With healthcare demand on the rise, the company aims to leverage its innovative solutions to capture a larger share of the market.

With a presence in over 40 countries, the company has established itself as a major player in hospital technology. Leveraging its strong portfolio, Getinge now sees India as a key market for future growth.

Targeting Growth in Critical Care and Premium Segments

With over 2,000 installations in hospitals, including major chains such as Apollo Hospitals and Fortis, the company is concentrating on expanding its presence across different healthcare sectors. This will involve the launch of new products like ventilators, sterilizers, operating lights, and operating tables.

The Indian ventilator market is estimated to be valued at approximately Rs 820 crore, with the premium segment projected to reach Rs 37.3 crore in 2024. This segment is experiencing a compound annual growth rate (CAGR) of 8.12 percent annually. 

"India is a key growth market for us, and we are investing in our operations here, including expanding our product portfolio and strengthening our distribution network. We are also expanding our footprint by introducing innovative solutions across critical care, cardiovascular, and life sciences," said Aruna Nayak, managing director Getinge India.

"Our goal is to deepen our market share, especially in premium segments, while ensuring access to cutting-edge healthcare technology across all tiers of hospitals," Nayak said.

Innovations and Expanding Access Across All Tiers of Hospitals

The company is also preparing to launch technologies like a tool for radiological imaging during breast and thyroid surgeries, along with a high-end operating table tailored for premium healthcare facilities. These products are integral to Getinge's strategy to serve hospitals of all sizes, ranging from those in metro cities to those in Tier-II and Tier-III regions.

Getinge's expansion plans in India come at a crucial time when the country's hospital tech market is ripe for innovation. By introducing cutting-edge solutions and fostering local partnerships, Getinge is poised to play a key role in transforming India's healthcare landscape in the coming years.