India Minimally Invasive Surgical Devices Market Report and Forecast 2023-2031

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $5,999	160 Pages	Expert Market Research	July, 2023	EMAR18103745

Best Price Guarantee
Price	from $5,999
Length	160 Pages
Publisher	Expert Market Research
Published Date	July, 2023
SKU	EMAR18103745

India Minimally Invasive Surgical Devices Market Report and Forecast 2023-2031

India Minimally Invasive Surgical Devices Market Outlook:

The India minimally invasive surgical devices market was valued at USD 696.1 million in 2022, driven by the increasing prevalence of sports injuries and orthopaedic disorders across the globe. The market size is anticipated to grow at a CAGR of 6.30% during the forecast period of 2023-2031 to achieve a value of USD 1206 million by 2031.

Minimally Invasive Surgical Devices: Introduction

Minimally invasive surgical (MIS) devices play a critical role in modern healthcare, enabling surgeons to perform surgical procedures with smaller incisions, minimal tissue damage, and faster patient recovery. These devices are widely used across various medical specialties, including general surgery, gynecology, urology, orthopedics, and cardiovascular surgery. In India, the adoption of minimally invasive surgical techniques and the corresponding use of MIS devices have been steadily increasing, offering numerous benefits to both patients and healthcare providers.

Key Trends in the India Minimally Invasive Surgical Devices Market

Some key trends involved in the India Minimally Invasive Surgical Devices market are as follows:

Increasing Acceptance and Adoption of Minimally Invasive Surgeries: The use of MIS techniques and devices has gained significant acceptance in India, driven by factors such as improved patient outcomes, reduced hospital stays, faster recovery, and less post-operative pain. Surgeons and patients alike are recognizing the advantages of MIS, leading to a growing demand for minimally invasive surgical devices.
Advancements in Technology: Technological advancements in MIS devices have been instrumental in enhancing their efficiency, precision, and safety. Innovations such as robotic-assisted surgery, advanced imaging systems, and miniaturized surgical instruments have facilitated more complex and precise procedures. The integration of technologies like artificial intelligence and virtual reality is further enhancing surgical outcomes and expanding the possibilities of MIS.
Increased Focus on Cost-Effectiveness: Cost-effectiveness has become a significant consideration in the Indian healthcare system. Minimally invasive surgeries, by reducing hospital stays, post-operative complications, and the need for extensive healthcare resources, can offer cost savings in the long run. As a result, there is a growing emphasis on the affordability and accessibility of MIS devices, encouraging the development of more cost-effective options without compromising quality.
Surge in Specialized Minimally Invasive Procedures: The demand for specialized minimally invasive procedures is increasing in India. Surgeons are expanding the application of MIS devices beyond traditional areas and utilizing them in specialized surgeries such as bariatric surgery, robotic surgery, single-incision laparoscopic surgery, and endoscopic procedures. This trend is driven by the desire for improved patient outcomes, reduced scarring, and enhanced surgical precision.

India Minimally Invasive Surgical Devices Market Segmentations

Market Breakup by Type

Handheld Instruments
Surgical Scopes
Cutting Instruments
Guiding Devices
Electrosurgical Devices
Endoscopic Devices
Others

Market Breakup by Surgery Type

Aesthetic
Gastrointestinal
Gynecology
Orthopaedic
Urology
Cardiovascular
Others

Market Breakup by End User

Hospitals and Specialty Clinics
Ambulatory Surgical Centers
Others

Market Breakup by Region

Northern and Central
Western
Southern
Eastern

India Minimally Invasive Surgical Devices Market Overview

The market for minimally invasive surgical devices in India is experiencing rapid growth, driven by the increasing demand for advanced surgical procedures that offer faster recovery, reduced scarring, and improved patient outcomes. Minimally invasive surgeries have gained popularity among both healthcare providers and patients due to their numerous benefits, including shorter hospital stays, reduced post-operative pain, and lower risk of complications.

The Indian government's initiatives to improve healthcare infrastructure and accessibility, along with the rising disposable income and growing middle-class population, are driving the demand for minimally invasive surgical devices. Moreover, the increasing prevalence of chronic diseases and the need for effective and minimally invasive treatment options are further contributing to market growth.

In conclusion, the Indian market for minimally invasive surgical devices is poised for significant growth in the coming years. Advancements in technology, increasing adoption of minimally invasive surgical techniques, and favourable government initiatives are driving market expansion. The focus on improved patient outcomes, cost-effectiveness, and specialized procedures is expected to shape the market landscape, creating opportunities for innovation and growth in the minimally invasive surgical device segment.

India Minimally Invasive Surgical Devices Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

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
Zimmer Biomet
GE Healthcare

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

*Please Note:* The report will take 7 business days to complete, after order confirmation.

1 Preface: 1.1 Objectives of the Study; 1.2 Key Assumptions; 1.3 Report Coverage – Key Segmentation and Scope; 1.4 Research Methodology
2 Executive Summary
3 India Minimally Invasive Surgical Devices Market Overview: 3.1 India Minimally Invasive Surgical Devices Market Historical Value (2016-2022); 3.2 India Minimally Invasive Surgical Devices Market Forecast Value (2023-2031)
4 India Minimally Invasive Surgical Devices Market Dynamics: 4.1 Market Drivers and Constraints; 4.2 SWOT Analysis; 4.3 Porter’s Five Forces Model; 4.4 Key Demand Indicators; 4.5 Key Price Indicators; 4.6 Industry Events, Initiatives, and Trends; 4.7 Value Chain Analysis
5 India Minimally Invasive Surgical Devices Market Segmentation: 5.1 India Minimally Invasive Surgical Devices Market by Type; 5.1.1 Market Overview; 5.1.2 Handheld Instruments; 5.1.3 Surgical Scopes; 5.1.4 Cutting Instruments; 5.1.5 Guiding Devices; 5.1.6 Electrosurgical Devices; 5.1.7 Endoscopic Devices; 5.1.8 Others; 5.2 India Minimally Invasive Surgical Devices Market by Surgery Type; 5.2.1 Market Overview; 5.2.2 Aesthetic; 5.2.3 Gastrointestinal; 5.2.4 Gynecology; 5.2.5 Orthopaedic; 5.2.6 Urology; 5.2.7 Cardiovascular; 5.2.8 Others; 5.3 India Minimally Invasive Surgical Devices Market by End User; 5.3.1 Market Overview; 5.3.2 Hospitals and Specialty Clinics; 5.3.3 Ambulatory Surgical Centers; 5.3.4 Others; 5.4 India Minimally Invasive Surgical Devices Market by Region; 5.4.1 Market Overview; 5.4.2 Northern and Central; 5.4.3 Western; 5.4.4 Southern; 5.4.5 Eastern
6 Patent Analysis: 6.1 Analysis by Type of Patent; 6.2 Analysis by Publication year; 6.3 Analysis by Issuing Authority; 6.4 Analysis by Patent Age; 6.5 Analysis by CPC Analysis; 6.6 Analysis by Patent Valuation; 6.7 Analysis by Key Players
7 Grants Analysis: 7.1 Analysis by year; 7.2 Analysis by Amount Awarded; 7.3 Analysis by Issuing Authority; 7.4 Analysis by Grant Application; 7.5 Analysis by Funding Institute; 7.6 Analysis by NIH Departments; 7.7 Analysis by Recipient Organization
8 Funding Analysis: 8.1 Analysis by Funding Instances; 8.2 Analysis by Type of Funding; 8.3 Analysis by Funding Amount; 8.4 Analysis by Leading Players; 8.5 Analysis by Leading Investors; 8.6 Analysis by Geography
9 Partnership and Collaborations Analysis: 9.1 Analysis by Partnership Instances; 9.2 Analysis by Type of Partnership; 9.3 Analysis by Leading Players; 9.4 Analysis by Geography
10 Regulatory Framework: 10.1 Regulatory Overview; 10.1.1 US FDA; 10.1.2 EU EMA; 10.1.3 INDIA CDSCO; 10.1.4 JAPAN PMDA; 10.1.5 Others
11 Supplier Landscape: 11.1 India Medtronic Private Limited; 11.1.1 Financial Analysis; 11.1.2 Product Portfolio; 11.1.3 Demographic Reach and Achievements; 11.1.4 Mergers and Acquisitions; 11.1.5 Certifications; 11.2 Olympus Medical Systems India Private Limited; 11.2.1 Financial Analysis; 11.2.2 Product Portfolio; 11.2.3 Demographic Reach and Achievements; 11.2.4 Mergers and Acquisitions; 11.2.5 Certifications; 11.3 Fujifilm India Private Limited; 11.3.1 Financial Analysis; 11.3.2 Product Portfolio; 11.3.3 Demographic Reach and Achievements; 11.3.4 Mergers and Acquisitions; 11.3.5 Certifications; 11.4 Johnson & Johnson Medical India Limited; 11.4.1 Financial Analysis; 11.4.2 Financial Portfolio; 11.4.3 Demographic Reach and Achievements; 11.4.4 Mergers and Acquisitions; 11.4.5 Certifications; 11.5 Stryker India Private Limited; 11.5.1 Financial Analysis; 11.5.2 Product Portfolio; 11.5.3 Demographic Reach and Achievements; 11.5.4 Mergers and Acquisitions; 11.5.5 Certifications; 11.6 Smith & Nephew Healthcare Pvt. Ltd.; 11.6.1 Financial Analysis; 11.6.2 Product Portfolio; 11.6.3 Demographic Reach and Achievements; 11.6.4 Mergers and Acquisitions; 11.6.5 Certifications; 11.7 KARL STORZ Endoscopy India Pvt. Ltd.; 11.7.1 Financial Analysis; 11.7.2 Product Portfolio; 11.7.3 Demographic Reach and Achievements; 11.7.4 Mergers and Acquisitions; 11.7.5 Certifications; 11.8 Om Surgicals Private Limited; 11.8.1 Financial Analysis; 11.8.2 Product Portfolio; 11.8.3 Demographic Reach and Achievements; 11.8.4 Mergers and Acquisitions; 11.8.5 Certifications; 11.9 Western Trading Company; 11.9.1 Financial Analysis; 11.9.2 Product Portfolio; 11.9.3 Demographic Reach and Achievements; 11.9.4 Mergers and Acquisitions; 11.9.5 Certifications; 11.10 Advin Healthcare Private Limited; 11.10.1 Financial Analysis; 11.10.2 Product Portfolio; 11.10.3 Demographic Reach and Achievements; 11.10.4 Mergers and Acquisitions; 11.10.5 Certifications; 11.11 Zimmer Biomet; 11.11.1 Financial Analysis; 11.11.2 Product Portfolio; 11.11.3 Demographic Reach and Achievements; 11.11.4 Mergers and Acquisitions; 11.11.5 Certifications; 11.12 GE Healthcare; 11.12.1 Financial Analysis; 11.12.2 Product Portfolio; 11.12.3 Demographic Reach and Achievements; 11.12.4 Mergers and Acquisitions; 11.12.5 Certifications
12 India Minimally Invasive Surgical Devices Market - Distribution Model (Additional Insight): 12.1 Overview; 12.2 Potential Distributors; 12.3 Key Parameters for Distribution Partner Assessment
13 Key Opinion Leaders (KOL) Insights (Additional Insight)
14 Company Competitiveness Analysis (Additional Insight): 14.1 Very Small Companies; 14.2 Small Companies; 14.3 Mid-Sized Companies; 14.4 Large Companies; 14.5 Very Large Companies
15 Payment Methods (Additional Insight): 15.1 Government Funded; 15.2 Private Insurance; 15.3 Out-of-Pocket; *Additional insights provided are customisable as per client requirements.