India Minimally Invasive Devices market stood at USD641.60 million in FY2021 and is expected to grow at a steady CAGR of 5.94% during the forecast period. This can be attributed to the growing prevalence of chronic diseases such as cancer, cardiovascular diseases, gastrointestinal disorders, renal disorders, and urological problems and significantly increased volume of surgical procedures being performed. Additionally, the rising penetration of several corporate hospital chains along with specialty clinics such as bariatric surgery centers, gynecology & urology hospitals & clinics, orthopedic centers, among others across the country, especially in tier 1 and tier 2 cities is expected to drive the growth of India minimally invasive surgical devices market over the forecast Period. Plus, the growing penetration of health insurance plans is expected to positively influence the growth of India minimally invasive surgical devices market. The demand for minimally invasive surgeries and surgical devices is increasing in gynecology segment for the treatment of people suffering from a wide range of non-cancerous gynecologic conditions such as menorrhagia, metrorrhagia, and pelvic pain. Additionally, the growing prevalence of polycystic ovarian syndrome and endometriosis has significantly increased the demand for minimally invasive gynecological procedures.

Apart from that, lack of specialized trainers and high cost of surgical devices is negatively influencing the growth of the minimally invasive surgical devices market in India.

Rising Penetration of Hospital Chains and Specialty Clinics

The rising penetration of several corporate hospital chains along with specialty clinics such as bariatric surgery centers, gynecology & urology hospitals & clinics, orthopedic centers, among others across the country, especially in tier 1 and tier 2 cities. This in turn provides improved healthcare facilities, which are equipped with latest medical devices and equipment with best in industry specialists for treatment of different diseases and this is expected to drive the growth of India minimally invasive surgical devices market over the forecast period.

Increasing Penetration of Health Insurance

The growing penetration of health insurance plans is expected to positively influence the growth of India minimally invasive surgical devices market. Additionally, an increase in coverage for various diseases and injuries in different health insurance plans is also expected to increase the number of minimally invasive surgeries being conducted. Furthermore, growing awareness of health insurance plans, emergence of various health insurance providers, among others are expected to contribute to increased number of minimally invasive surgeries conducted, thereby creating lucrative growth opportunities for the India minimally invasive surgical devices market. Furthermore, supportive government policies such as increase in FDI limit from 49% to 74% will help in improving status of insurance companies.

Growing Prevalence of Chronic Diseases

The growing prevalence of chronic diseases such as cancer, cardiovascular diseases, gastrointestinal disorders, renal disorders, and urological problems has significantly increased the volume of surgical procedures being performed, thereby driving the growth of India minimally invasive surgical devices market. According to the first Longitudinal Aging Study in India (LASI) released by the Union Ministry of Family and Health Welfare in January 2020, two in every three citizens in India suffer from some chronic disease.

Growing Healthcare Awareness

The increasing awareness among the population regarding the latest surgical procedures and technological advancements across the country, especially in the metro cities and developing tier-2 cities, is expected to create lucrative opportunities for market growth, since people in these cities have started preferring minimally invasive surgeries over traditional surgical procedures.

Increasing Demand from Obstetrics & Gynecology

The demand for minimally invasive surgeries and surgical devices is increasing in gynecology segment for the treatment of people suffering from wide range of non-cancerous gynecologic conditions such as menorrhagia, metrorrhagia, and pelvic pain. Additionally, the growing prevalence of polycystic ovarian syndrome and endometriosis has significantly increased the demand for minimally invasive gynecological procedures. Minimally invasive procedures are also used in uterus removal surgeries, thereby fueling the demand for different minimally invasive surgical devices.


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Market Segmentation

The India Minimally Invasive Devices market is segmented based on type, Surgery type, End user, company, and regional distribution. Based on type, the market can be split into Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, and Others. Based on Surgery Type, the market is divided into Gastrointestinal, Gynecology, Urology, Cardiovascular, and Others. By End User, the market can be fragmented into Hospitals & Specialty Clinics, Ambulatory Surgical Centers, and Others.

Company Profiles

India Medtronic Private Limited, Olympus Medical Systems India Private Limited, Fujifilm India Private Limited, Johnson & Johnson Medical India Limited, Stryker India Private Limited, Smith & Nephew Healthcare Pvt. Ltd., KARL STORZ Endoscopy India Pvt. Ltd., Om Surgicals Private Limited, Western Trading Company, Advin Healthcare Private Limited are among the major market players in India that lead the market growth of the minimally invasive surgical devices market in the country.

Attribute

Details

Market size value in FY2021

USD641.60 Million

Revenue Forecast in FY2027

USD887.67 Million

Growth Rate

5.94%

Base Year

FY2021

Historical Years

FY2017 – FY2020

Estimated Year

FY2022

Forecast Period

FY2023 – FY2027

Quantitative Units

Revenue in USD Million, and CAGR for FY2017-FY2021 and FY2022-FY2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered
  • Type
  • Surgery Type
  • End User

Regional Scope

South, North, West & East

Key Companies Profiled

India Medtronic Private Limited, Olympus Medical Systems India Private Limited, Fujifilm India Private Limited, Johnson & Johnson Medical India Limited, Stryker India Private Limited, Smith & Nephew Healthcare Pvt. Ltd., KARL STORZ Endoscopy India Pvt. Ltd., Om Surgicals Private Limited, Western Trading Company, Advin Healthcare Private Limited

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, India Minimally Invasive Surgical Devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  1. India Minimally Invasive Surgical Devices Market, By Type:
    • Handheld Instruments
    • Surgical Scopes
    • Cutting Instruments
    • Guiding Devices
    • Electrosurgical Devices
    • Others
  1. India Minimally Invasive Surgical Devices Market, By Surgery Type:
    • Gastrointestinal
    • Gynecology
    • Urology
    • Cardiovascular
    • Others
  1. India Minimally Invasive Surgical Devices Market, By End User:
    • Hospitals & Specialty Clinics
    • Ambulatory Surgical Centers
    • Others
  1. India Minimally Invasive Surgical Devices Market, By Region:
    • South
    • North
    • West
    • East
    •  

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Minimally Invasive Surgical Devices Market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  1. Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Minimally Invasive Surgical Devices Market

4.    Voice of Customers

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Vendor Challenges

5.    Executive Summary

6.    India Minimally Invasive Surgical Devices Market Outlook, FY2017-FY2027F

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Others)

6.2.2.     By Surgery Type (Gastrointestinal, Gynecology, Urology, Cardiovascular, Others)

6.2.3.     By End User (Hospitals & Specialty Clinics, Ambulatory Surgical Centers, Others)

6.2.4.     By Region

6.2.4.1.         By States (Top 3 States)

6.2.5.     By Company 2020

6.3.  Product Market Map

6.3.1.     By Type

6.3.2.     By End User

6.3.3.     By Region

7.    India Handheld Instruments Market Outlook, FY2017-FY2027F

7.1.  Market Size & Forecast

7.1.1.     By Value

7.1.2.     By Volume

7.2.  Market Share & Forecast

7.2.1.     By Type (Graspers, Retractors/Elevators, Suturing Instruments, Dilators, Others)

7.2.2.     By Surgery Type

7.2.3.     By End User

8.    India Surgical Scopes Market Outlook, FY2017-FY2027F

8.1.  Market Size & Forecast

8.1.1.     By Value

8.1.2.     By Volume

8.2.  Market Share & Forecast

8.2.1.     By Type (Laparoscopes, Gastroscope, Cystoscope, Ureteroscope, Others)

8.2.2.     By Surgery Type

8.2.3.     By End User

9.    India Cutting Instruments Market Outlook, FY2017-FY2027F

9.1.  Market Size & Forecast

9.1.1.     By Value

9.1.2.     By Volume

9.2.  Market Share & Forecast

9.2.1.     By Type (Trocar’s v/s Other MIS Instruments)

9.2.2.     By Surgery Type

9.2.3.     By End User

10.  India Guiding Devices Market Outlook, FY2017-FY2027F

10.1.              Market Size & Forecast

10.1.1.  By Value

10.1.2.  By Volume

10.2.              Market Share & Forecast

10.2.1.  By Type (Guiding Catheters v/s Guidewires)

10.2.2.  By Surgery Type

10.2.3.  By End User

11.  India Electrosurgical Devices Market Outlook, FY2017-FY2027F

11.1.              Market Size & Forecast

11.1.1.  By Value

11.1.2.  By Volume

11.2.              Market Share & Forecast

11.2.1.  By Type (Electrosurgery Instruments & Accessories, Electrosurgery Generators, Patient Return Electrodes)

11.2.2.  By Surgery Type

11.2.3.  By End User

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends and Developments

14.  Policy and Regulatory Landscape

15.  Import-Export Analysis

16.  India Economic Profile

17.  Competitive Landscape

17.1.    Competition Outlook

17.2.    Company Profiles.

17.2.1.  India Medtronic Private Limited

17.2.2.  Olympus Medical Systems India Private Limited

17.2.3.  Fujifilm India Private Limited

17.2.4.  Johnson & Johnson Medical India Limited

17.2.5.  Stryker India Private Limited

17.2.6.  Smith & Nephew Healthcare Pvt. Ltd.

17.2.7.  KARL STORZ Endoscopy India Pvt. Ltd.

17.2.8.  Om Surgicals Private Limited

17.2.9.  Western Trading Company

17.2.10. Advin Healthcare Private Limited

18.  Strategic Recommendations

19.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • Figure 1: India Minimally Invasive Surgical Devices Market Size, By Value (USD Million), FY2017-FY2027F
    Figure 2: FDI in Healthcare Industry, By Value (USD Billion), By Sector, April 2000-December 2020
    Figure 3: India Minimally Invasive Surgical Devices Market Share, By Type, By Value, FY2017-FY2027F
    Figure 4: India Population (In Thousands), As of March 2020
    Figure 5: India Minimally Invasive Surgical Devices Market Share, By Surgery Type, By Value, FY2017-FY2027F
    Figure 6: India Minimally Invasive Surgical Devices Market Share, By End User, By Value, FY2017-FY2027F
    Figure 7: Number of Doctors in India, 2015-2018
    Figure 8: Health/Medicities in India, 2020
    Figure 9: India Minimally Invasive Surgical Devices Market Share, By Region, By Value, FY2017-FY2027F
    Figure 10: South India Minimally Invasive Surgical Devices Market Share, By State, By Value, FY2017-FY2027F
    Figure 11: North India Minimally Invasive Surgical Devices Market Share, By State, By Value, FY2017-FY2027F
    Figure 12: West India Minimally Invasive Surgical Devices Market Share, By State, By Value, FY2017-FY2027F
    Figure 13: East India Minimally Invasive Surgical Devices Market Share, By State, By Value, FY2017-FY2027F
    Figure 14: India Minimally Invasive Surgical Devices Market Share, By Company, By Value, FY2021
    Figure 15: India Minimally Invasive Surgical Devices Market Map, By Type, Market Size (USD Million) & Growth Rate (%), FY2021
    Figure 16: India Minimally Invasive Surgical Devices Market Map, By End User, Market Size (USD Million) & Growth Rate (%), FY2021
    Figure 17: India Minimally Invasive Surgical Devices Market Map, By Region, Market Size (USD Million) & Growth Rate (%), FY2021
    Figure 18: India Handheld Instruments Market Size, By Value (USD Million), FY2017-FY2027F
    Figure 19: India Handheld Instruments Market Size, By Volume (Thousand Units), FY2017-FY2027F
    Figure 20: India Handheld Instruments Market Share, By Type, By Value, FY2017-FY2027F
    Figure 21: Number of People with Health Insurance Across India, FY2020 (In Millions)
    Figure 22: India Handheld Instruments Market Share, By Surgery Type, By Value, FY2017-FY2027F
    Figure 23: India Handheld Instruments Market Share, By End User, By Value, FY2017-FY2027F
    Figure 24: India Surgical Scopes Market Size, By Value (USD Million), FY2017-FY2027F
    Figure 25: India Surgical Scopes Market Size, By Volume (Thousand Units), FY2017-FY2027F
    Figure 26: India Surgical Scopes Market Share, By Type, By Value, FY2017-FY2027F
    Figure 27: Number of Medical Tourists from Different Countries in India, 2017-2019
    Figure 28: India Surgical Scopes Market Share, By Surgery Type, By Value, FY2017-FY2027F
    Figure 29: India Surgical Scopes Market Share, By End User, By Value, FY2017-FY2027F
    Figure 30: India Cutting Instruments Market Size, By Value (USD Million), FY2017-FY2027F
    Figure 31: India Cutting Instruments Market Size, By Volume (Thousand Units), FY2017-FY2027F
    Figure 32: India Cutting Instruments Market Share, By Type, By Value, FY2017-FY2027F
    Figure 33: India Private Hospital Beds/ICU Beds, As of March 2020
    Figure 34: India Public Hospital Beds/ICU Beds, As of March 2020
    Figure 35: India Cutting Instruments Market Share, By Surgery Type, By Value, FY2017-FY2027F
    Figure 36: India Cutting Instruments Market Share, By End User, By Value, FY2017-FY2027F
    Figure 37: India Guiding Devices Market Size, By Value (USD Million), FY2017-FY2027F
    Figure 38: India Guiding Devices Market Size, By Volume (Thousand Units), FY2017-FY2027F
    Figure 39: India Guiding Devices Market Share, By Type, By Value, FY2017-FY2027F
    Figure 40: Share of Geriatric Population (Above 60 Years) in India, 2015-2019
    Figure 41: India Guiding Devices Market Share, By Surgery Type, By Value, FY2017-FY2027F
    Figure 42: India Guiding Devices Market Share, By End User, By Value, FY2017-FY2027F
    Figure 43: India Electrosurgical Devices Market Size, By Value (USD Million), FY2017-FY2027F
    Figure 44: India Electrosurgical Devices Market Size, By Volume (Thousand Units), FY2017-FY2027F
    Figure 45: India Electrosurgical Devices Market Share, By Type, By Value, FY2017-FY2027F
    Figure 46: India Electrosurgical Devices Market Share, By Surgery Type, By Value, FY2017-FY2027F
    Figure 47: India Electrosurgical Devices Market Share, By End User, By Value, FY2017-FY2027F

    List of Tables:

    Table 1: India COVID-19 Statistics, November 22, 2021
    Table 2: Sub-National Surgeries Performed in the Public Health Facilities in India, 2019-20
    Table 3: India Cancer Incidence and Mortality, By Cancer Site, 2020
    Table 4: FDI Permitted in Various Healthcare-Related Sectors in India (By Route)
    Table 5: Overview of PLI Scheme for Boosting Domestic Manufacturing of Medical Devices in India