India Implantable Medical Devices Market Report by Product (Orthopedic Implants, Dental Implants, Facial Implants, Breast Implants, Cardiovascular Implants, and Others), Material (Polymers, Metals, Ceramics, Biologics), End User (Hospitals, Ambulatory Surgery Centers (ASCs), Clinics), and Region 2024-2032

India Implantable Medical Devices Market Report by Product (Orthopedic Implants, Dental Implants, Facial Implants, Breast Implants, Cardiovascular Implants, and Others), Material (Polymers, Metals, Ceramics, Biologics), End User (Hospitals, Ambulatory Surgery Centers (ASCs), Clinics), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2821
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Market Overview 2024-2032:

The India implantable medical devices market size reached US$ 109.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 182.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 109.2 Billion
Market Forecast in 2032 US$ 182.1 Billion
Market Growth Rate (2024-2032) 5.7%


Implantable medical devices are utilized for diagnostic and therapeutic purposes, such as replacing damaged body organs and monitoring the functions of different organs and tissues. These devices are introduced in the body through surgical procedures and can be removed later as per the patient’s requirement. They are generally made using body tissues, ceramics, metals and plastics and help improve the quality of the patient’s life. At present, the growing incidences of chronic diseases and the increasing awareness about healthcare devices are positively influencing the demand for implantable medical devices in India.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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One of the key factors escalating the demand for implantable medical devices in India include inflating disposable incomes, along with the improving healthcare infrastructure. Apart from this, the rising geriatric population, which is more vulnerable to health disorders, is contributing to the market growth. Furthermore, increasing awareness about cosmetic surgeries is positively influencing the demand for these devices in the country. Moreover, the Government of India has approved a number of new implantable medical devices, which, in turn, is anticipated to drive the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India implantable medical devices market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on product, material and end user.

Breakup by Product:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Orthopedic Implants
  • Dental Implants
  • Facial Implants
  • Breast Implants
  • Cardiovascular Implants 
  • Others
     

Breakup by Material:

  • Polymers
  • Metals
  • Ceramics
  • Biologics
     

Breakup by End User:

  • Hospitals
  • Ambulatory Surgery Centers (ASCs)
  • Clinics
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Material, End User, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
 Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The India implantable medical devices market was valued at US$ 109.2 Billion in 2023.

We expect the India implantable medical devices market to exhibit a CAGR of 5.7% during 2024-2032.

The high prevalence of various chronic diseases, along with the growing application of implantable medical devices to aid in replacing damaged body organs as well as in monitoring the functions of different organs and tissues, is primarily driving the India implantable medical devices market.

The sudden outbreak of the COVID-19 pandemic had led to postponement of numerous elective surgeries across the nation to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby limiting the demand for implantable medical devices.

Based on the product, the India implantable medical devices market can be segmented into orthopedic implants, dental implants, facial implants, breast implants, cardiovascular implants, and others. Currently, orthopedic implants hold the majority of the total market share.

Based on the material, the India implantable medical devices market has been divided into polymers, metals, ceramics, and biologics. Among these, metals currently exhibit a clear dominance in the market.

Based on the end user, the India implantable medical devices market can be categorized into hospitals, Ambulatory Surgery Centers (ASCs), and clinics. Currently, hospitals account for the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where North India currently dominates the India implantable medical devices market.

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India Implantable Medical Devices Market Report by Product (Orthopedic Implants, Dental Implants, Facial Implants, Breast Implants, Cardiovascular Implants, and Others), Material (Polymers, Metals, Ceramics, Biologics), End User (Hospitals, Ambulatory Surgery Centers (ASCs), Clinics), and Region 2024-2032
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