• Transasia is one of India’s leading in-vitro diagnostic companies.1 It was conferred the ‘India Medical Devices Export Company of the Year’ award by the Ministry of Chemicals Fertilizers, Government of India, in February 2018. It is one of the first Indian in-vitro diagnostic company to manufacture and export state-of-the-art blood analyzers and reagents. 
  • Transasia deals in products and solutions in the field of clinical chemistry, haematology, immunology, diabetes management, urinalysis, coagulation, critical care, and microbiology.2 It exports to countries like Italy, Germany, France, Australia, China, Turkey, USA, Latin America, Africa, Russia, Middle East, SAARC and other countries in Asia. The company has made 14 overseas acquisitions in different countries.3

Source 1, 2, 3 

  • Trivitron is a leading manufacturer of Imaging and Diagnostics equipment in India. It has 9 factories in 5 locations — Chennai, Mumbai, Pune, Helsinki, and Ankara. It used to be a 100% trading company until 2010. But, by December 2016, 85% of their profit and more than 2/3rd of their revenue came from manufacturing.1
  • Trivitron acquired companies abroad for making use of their technology in India. It pursues innovation in the areas of new-born screening, in-vitro diagnostics, imaging & radiology, radiation protection, critical care, and operating room solutions. With 25 offices and 1200 channel partners, Trivitron has a distribution of its products in 165 countries.2

Sources 1, 2


Polymed started manufacturing medical devices in April 1997 in Faridabad, India. With over 145 patents, Polymed produces around 125 different medical products. They received the “GOLD” Patent Award in 2015, in recognition of commendable contribution in Medical Devices from the Pharmaceuticals Export Promotion Council of India (set up by Ministry of Commerce & Industry, Government of India).1

Polymed has five domestic manufacturing facilities and one manufacturing facility in China and Egypt each. It produces over 3 mn disposable medical devices per day and is the largest exporter of disposable medical devices in India, with sales in more than 100 countries.2

Sources 1,


HMD, founded in 1957, claims to be the first company in the world to launch a comprehensive range of sizes of Auto-Disable Syringes for the curative segment. Their primary markets are USA, Europe, India, the Middle East, and their secondary markets include Africa and South-East Asia.

HMD has seven plants in different locations in South Asia, from where items such as syringes, needles, I.V. cannulas, surgical blades, and blood collection sets are manufactured. With seven plants in different locations in South Asia, it also has a strong network of 4,500 dealers spread across India.1

Source 1

  • SMT was established in 1998 in Gujarat, India. It is part of the Sahajanand Group. The company claims to be the leading developer and manufacturer of minimally invasive coronary stent systems, with one of the broadest product portfolios in the industry.1 
  • SMT was the first company to secure a CE mark for the biodegradable polymer-based drug-eluting stents.Its portfolio includes drug-eluting stents, bare-metal stents, balloon catheters, and inflation devices.
  • SMT has a manufacturing facility in Surat (Gujarat) and an R&D center in Dublin, Ireland. SMT also exports its portfolio of devices to over 65 countries, including the UK, Spain, Italy, and the Netherlands.3

Sources 1, 2, 3

  • Established in 2006, Meril was launched in line with the healthcare diversification plan of Bilakhia Group. Today, it manufactures medical solutions in the form of vascular intervention devices, orthopaedic supplements, in-vitro diagnostics, endo-surgery and ENT products.
  • With the group consisting of two subsidiaries - Sahajanand Technologies and Sahajanand Life Sciences, Meril has customers in more than 100 countries. It has wholly-owned subsidiaries in India, USA, Germany, Brazil, Russia, South Africa, Bangladesh and Turkey. It has set up operations in China and Japan as well.1

Source 1

As on September 2018