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The India implantable medical devices market is expected to grow at a CAGR of around 8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the India implantable medical devices market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on product, material and end user.
Breakup by Product:
Breakup by Material:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|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 $ 1999
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|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)|
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