How can Budget 2021 unleash greater potential for healthcare and pharma sector Similar to the anticipation for the COVID-19 vaccination, the healthcare industry is also looking forward to an incentive booster in the upcoming Union Budget The medical devices sector and pharma sector play an indispensable role in improving healthcare access The Indian healthcare industry has significantly evolved in the last decade. However, healthcare provision still remains inequitable. The basic challenge is accessibility to quality and affordable healthcare in most parts of the country. Further, factors such as changing demographics, rising life expectancy, and growing public awareness have contributed to a higher demand for medical care. The medical devices sector and pharma sector play an indispensable role in improving healthcare access.