Press Release

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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