Medical equipment stocks include companies that make, distribute and sell medical devices used for the prevention of disease, diagnosis and treatment. Companies in this segment have the advantage of an expanding healthcare industry in India. The industry is closely connected to sectors like hospital management, pharmaceuticals and biotechnology. These companies manufacture a wide range of medical equipment, from surgical blades to ECG machines.
The performance of these sectoral stocks is prone to changes in regulatory guidelines, product liability and compliance costs. If you are interested in investing in the medical equipment sector, here are all the details about the industry.