India Thoracic Surgical Devices Market to Grow with a CAGR of 5.88% through 2030
Growing preference for minimally
invasive surgical procedures and rising prevalence of cardiovascular diseases
is expected to drive the India Thoracic Surgical Devices Market growth in the
forecast period, 2026-2030.
According to TechSci Research report, “India
Thoracic Surgical Devices Market - By Region, Competition, Forecast & Opportunities, 2030”, the India
Thoracic Surgical Devices Market stood at USD 550.41 Million in
2024 and is anticipated to grow with a CAGR of 5.88% in the forecast period,
2026-2030. An increase in the prevalence of thoracic diseases, such as
lung cancer and esophageal cancer, has led to a higher demand for thoracic
surgical devices.
Advancements in medical technology and the increasing
adoption of minimally invasive procedures are contributing to market growth.
The government's efforts to improve healthcare infrastructure and
accessibility, coupled with a growing middle class that can afford advanced
medical treatments, are also significant factors in this trend.
India's thoracic surgical devices market is undergoing rapid and dynamic expansion, driven by multiple contributing elements. Progress in medical technology has enabled innovative surgical techniques, while the increasing incidence of thoracic diseases and a growing elderly population have elevated the need for effective treatments. The market mirrors a larger healthcare trend, with a move toward minimally invasive surgical methods gaining traction. Video-assisted thoracic surgery (VATS), as an example, has become a favored choice for both physicians and patients due to its benefits over conventional open surgery. VATS offers reduced operating time, lower blood loss, and shorter hospital stays, fueling its growing popularity. Devices used in minimally invasive procedures, such as stapling and energy devices, are crucial in this landscape. These tools enhance clinical outcomes and are increasingly sought after by thoracic surgeons.
India’s large population of over 1.3 billion further underscores the market’s potential. Contributing factors like widespread smoking and worsening air pollution have led to a surge in respiratory diseases, increasing the demand for thoracic interventions. India currently has the highest global number of chronic obstructive pulmonary disease (COPD) patients, a condition often necessitating surgical care.
Recognizing this opportunity, medical device manufacturers are keen to enter the Indian market. Yet, obstacles such as high device costs and a limited number of healthcare professionals trained in advanced techniques remain challenges to growth. Nevertheless, expanding healthcare infrastructure, proactive government policies, and private sector investments are likely to propel continued market development.
India’s market features a blend of domestic and international players, intensifying competition. To remain competitive, companies focus on innovation and cutting-edge solutions. Mergers, acquisitions, and strategic alliances are frequently used to broaden product portfolios and reinforce market standing.
India's thoracic surgical devices market remains a dynamic and fast-growing arena. Key growth drivers include the rising burden of thoracic diseases, technological advancements, an aging demographic, and increasing preference for less invasive surgery. While high costs and skill shortages pose barriers, the market holds strong potential for manufacturers ready to adapt and invest in this promising sector.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on "India Thoracic Surgical Devices Market”
The India Thoracic Surgical Devices Market is
segmented into product, indication, end user, regional distribution, and
company.
Based on product, surgical stapling devices hold a
dominant position among the various product categories. This dominance is
largely due to their widespread application in both open and minimally invasive
thoracic procedures, particularly in lung resections, biopsies, and
anastomoses. Stapling devices are highly valued for their ability to enhance
surgical precision, reduce operative time, and minimize bleeding—factors that
are critical in thoracic surgeries where delicate lung and airway structures
are involved. Their efficiency and ease of use also contribute to shorter
hospital stays and quicker patient recovery, making them a preferred choice for
surgeons.
While other devices such as endoscopes, electrosurgery
tools, and robotic systems are increasingly used, especially in advanced and
high-end hospital settings, stapling devices remain the most practical and
cost-effective solution across a broader range of healthcare facilities. Their
compatibility with both traditional and video-assisted thoracic surgery (VATS)
techniques further strengthened their role in the market. The growing
prevalence of thoracic diseases like lung cancer and COPD has increased the
volume of surgeries, further driving demand for reliable, high-performance
stapling tools.
Based on region, in the India Thoracic Surgical
Devices market, South India is emerging as the fastest-growing region in the
India thoracic surgical devices market due to a combination of advanced
healthcare infrastructure, increasing disease awareness, and strong medical
tourism. Cities like Chennai, Bengaluru, and Hyderabad are home to some of the
country’s top multi-specialty hospitals and medical colleges, offering
cutting-edge thoracic surgical care. These institutions are early adopters of
advanced technologies, including minimally invasive and robotic-assisted surgeries,
driving demand for sophisticated surgical devices. The region also benefits from a higher concentration
of skilled thoracic surgeons and trained healthcare professionals, enabling the
use of complex surgical tools more effectively. The rising cases of respiratory
diseases due to urban pollution and smoking have contributed to increased
thoracic procedures. South India’s strong medical tourism sector attracts
patients from across India and abroad, further boosting the need for advanced surgical
solutions. These factors collectively make South India a major growth hub in
the market.
Major companies operating in India
Thoracic Surgical Devices Market are:
·
India Medtronic Pvt. Ltd.
·
Olympus Medical Systems India Pvt Ltd.
·
Richard Wolf India Private Limited
·
Boston Scientific India Private Limited
·
Johnson & Johnson Ltd
·
CONMED DEVICES PVT. LTD.
·
Philips India Limited
·
Biolitec India Pvt. Ltd.
·
Genuine Medica Pvt. Ltd.
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“The outlook for India’s Thoracic Surgical Devices
Market is highly promising, fueled by the growing incidence of thoracic
diseases and ongoing advancements in surgical methods. Market growth is
expected to accelerate with factors such as an aging population, expanding healthcare
infrastructure, and increased awareness of early diagnosis and treatment. The
adoption of minimally invasive thoracic surgical devices is set to drive
further expansion, offering safer procedures, faster recovery, and reduced
complications for patients” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“India Thoracic Surgical Devices Market By Product (Endoscope, Electrosurgery, Hand Instruments, Access Instrument, Surgical Stapling Devices, Robotic Surgical System, Stents Graft, Thoracic Surgery Devices, Vessel Sealing Devices, Accessories), By Indication (Lung Cancer, Lymphoma, Mediastinal Tumors, Others), By End User (Hospitals & Clinics, Ambulatory Surgery Centers, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth
potential of India Thoracic Surgical Devices Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Thoracic Surgical Devices Market.
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