India General Surgical Devices Market Size (2024 - 2029)

India General Surgical Devices Market Analysis

The India General Surgical Devices Market size is estimated at USD 1.60 billion in 2024, and is expected to reach USD 2.81 billion by 2029, at a CAGR of 11.86% during the forecast period (2024-2029).

India General Surgical Devices Market Growth: The India General Surgical Devices Market is witnessing substantial growth, driven by several key factors that align with broader healthcare trends and the evolving demands of the population. These factors include the advancement of healthcare technology, increasing accessibility, and a growing emphasis on improving patient outcomes, positioning the market for significant expansion.

Megatrends Influencing Market Expansion: The overarching trends propelling the market include advancements in healthcare technology, improving access to healthcare services, and a focus on enhancing patient outcomes. These trends are further bolstered by specific drivers, which are influencing the market's trajectory and shaping the landscape of surgical devices in India.

Rising Demand for Minimally Invasive Surgeries: The increasing preference for minimally invasive surgeries (MIS) is a significant driver of the general surgical devices market in India. MIS offers multiple benefits, such as smaller incisions, less postoperative pain, and quicker recovery times. A 2023 report by Medicover Hospitals underscores that the reduced trauma and blood loss associated with MIS contribute to faster healing, making it a preferred option among both patients and healthcare providers. This growing preference is boosting the demand for specialized devices tailored to these procedures, particularly within the minimally invasive surgical devices market in India.

High Rate of Injuries and Accidents: India’s high incidence of injuries, especially from road accidents, is a key factor driving the demand for surgical devices. The Ministry of Road Transport and Highways reported 4,61,312 road accidents in 2022, with injuries to over 4,43,366 people. This alarming rise has fueled a significant demand for surgical interventions, creating a surge in the need for surgical equipment, instruments, and disposables. As emergency and trauma cases rise, surgical device manufacturers in India are experiencing an increased demand for a wide range of devices.

Increasing Prevalence of Chronic Diseases: The growing burden of chronic diseases such as cardiovascular diseases, cancer, and arthritis has escalated the demand for surgical interventions, driving market growth. India's cardiovascular disease prevalence is projected to hit 5,236 per 100,000 people by 2030, while cancer cases are estimated at around 2 million annually. Such diseases require surgical procedures, which are propelling the demand for general surgical devices across the country, including orthopedic surgical devices in India.

Technological Advancements in Surgical Devices: Cutting-edge advancements in surgical technologies are further driving growth in the India general surgical devices market. There is an increasing shift toward articulating instruments with surgeon-controlled camera systems and robotic-assisted surgeries. These technologies are transforming surgical practices, leading to more precise and minimally invasive procedures. The integration of these advancements in surgical equipment is expected to boost the India medical equipment industry outlook, with a focus on robotic and minimally invasive devices.

Government Initiatives and Healthcare Infrastructure: The Indian government's focus on strengthening healthcare infrastructure and promoting the domestic production of medical devices is providing a solid foundation for the market's growth. Initiatives such as expanding the Pradhan Mantri Bhartiya Janaushadhi Kendras to include surgical products and efforts to grow the India healthcare device market to USD 50 billion by 2025 are creating opportunities for surgical device manufacturers in India to capitalize on increasing demand.

India General Surgical Devices Industry Segmentation

As per the scope of the report, general surgical devices are specifically designed instruments that are clinically and accurately produced to help surgeons perform surgeries.

The India General Surgical Devices Market is segmented by product and application. By product, the market is segmented into handheld devices, laparoscopic devices, electro-surgical devices, wound closure devices, trocars and access devices, and other products. By application, the market is segmented into gynecology and urology, cardiology, orthopedic, neurology, and other applications. The report offers value (in USD) for the above segments.