In 2021, the global medical devices market was worth $540.7 billion. India's market accounted for 13.4% of the world total, with a value of $72.2 billion. Currently, India is the largest medical devices market in Asia-Pacific.
While the global medical devices market is growing at a compound annual growth rate (CAGR) of 4.2% through 2030, India's medical devices market is growing at a faster CAGR of 7.9% over the same period. The growth in demand for advanced and innovative medical devices, a growing aging population, the rising prevalence of chronic diseases, and increasing income and affordability are some of the factors propelling the growth of the market.
While the global medical devices market is growing at a compound annual growth rate (CAGR) of 4.2% through 2030, India's medical devices market is growing at a faster CAGR of 7.9% over the same period. The growth in demand for advanced and innovative medical devices, a growing aging population, the rising prevalence of chronic diseases, and increasing income and affordability are some of the factors propelling the growth of the market.
Scope
- This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies.
- The report covers the Geopolitics theme.
Reasons to Buy
- The publisher's thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
- Develop and design your corporate strategies through an in-house expert analysis of geopolitics by understanding the primary ways in which this theme is impacting the medical devices industry.
- Stay up to date on the industry's major players and where they sit in the value chain.
- Identify emerging industry trends to gain a competitive advantage.
Table of Contents
- Executive Summary
- Players
- Thematic Briefing
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecasts
- Mergers and acquisitions
- Timeline
- Companies
- Public companies
- Private companies
- Glossary
- Further Reading
- Thematic Research Methodology
- About the Publisher
- Contact the Publisher
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Sahajanand Medical Technologies
- TTK Healthcare
- BPL Medical Technologies
- Opto Circuits
- Allengers Medical Systems
- Perfint Healthcare
- Trivitron Healthcare
- Schiller Healthcare
- MedPlus India
- Meril LifeSciences
- Om Surgicals
- Welspun
- Poly Medicure
- JCT
- Albert David
- Tulip Diagnostics
- Bigtec Labs
- Transasia Bio-Medicals
- Bhat Bio-Tech India