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Fujifilm India forays into endoscopy segment; expects to contribute 10% of medical biz

Press Trust of India  |  New Delhi 

Japanese Photography and company has forayed into segment here and expects it to contribute around 10 per cent of its total Indian medical business in FY 2018-19, said a top

will continue to build its portfolio in the segment by expanding its line-up and associations with various medical institutions to strengthen its foothold in the medical business here as the company eyes double digit growth next year, the Japanese firm said.

"10 per cent of the total medical business of is expected to come from the segment this fiscal," told

In FY2017-18, posted a turnover of 1,100 crore, in which medical business was a major contributor.

"Around 50 per cent of the total revenue was generated by Fujifilm's medical business," Iwata added.

Presently, medical endoscopy in India is around Rs 300 crore market, in which players such as Olympus, and some domestic players operate.

has introduced here, which would help in early detection of all types of gastro cancers, Fujifilm claimed.

"The move will help the company to strengthen its foothold in the medical business in India," he said, adding that "Fujifilm India will continue to build their portfolio by expanding their line-up and associations with various medical institutions to strengthen its foothold in the medical business in India".

Fujifilm is a in the space, addresses product categories like computed radiography, digital radiography, digital mammography, dry imager, film and screen, endoscopy and point-of-care testing products/clinical chemistry system in India.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, October 07 2018. 14:45 IST
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