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Lokesh Machines Ltd has entered into a MoU with Advanced Manufacturing Technology Development Centre, IIT Madras and the confirmation letter for the same has been received by the Company today on November 21, 2022.
The global medical devices market size was valued at $425.5 billion in 2018 and is expected to reach $612.7 billion by 2025, grow at a CAGR of 5.4%. More than 180,000 U.S. companies are involved in designing, developing, manufacturing, testing, marketing, packaging, and distributing medical devices in this thriving market. Today's Medical Developments serves the need of manufacturers and design professionals in medtech by featuring products, services, and techniques to help improve design and manufacture processes.