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India General Surgical Devices Market - Growth, Trends, & Forecasts (2020 - 2025)

  • ID: 4997311
  • Report
  • March 2020
  • Region: India
  • 75 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • B. Braun Melsungen AG
  • Cadence Inc.
  • Conmed Corporation
  • ERBE Elektromedizin GmbH
  • Getinge
  • Johnson & Johnson
  • MORE
Healthcare in developing countries like India is undergoing rapid changes. Growing population in India is likely to lead to increased demand for medical devices. Moreover, the burden of diseases, accidents and other injuries have also been rising in India. As result demand for minimally incasive surgeries has been increasing in India. These factors have been increasing the demand for general surgical devices in India.

However, reimbursement issues have dissuaded many market players to enter the market. This has restrained the market growth.

Key Market Trends

Application in Cardiology is expected to register high growth in the forecast period

Cardiovascular surgery treats diseases and conditions of the heart and the blood vessels of the entire body. Common cardiovascular procedures include coronary bypass surgery, aortic or mitral valve replacement or repair, and aneurysm repair.

As per a report by Prabhakaran et al., published in Journal of the American College of Cardiology 2018, the prevalence of Cardiovascular diseases (CVD) have increased in India over the past 2 decades. As per the data from the report, there were an estimated 25.6 million prevalent cases of CVD in India in 1990. This number increased to 54.6 million in 2016. As a result of increasing prevalence of CVD in India, the application of surgeries in cardiology has increased over the years. This factor has positively impacted the market, and is also expected to help the market growth in the future.

Competitive Landscape

India is a developing country. As result there, increasing demand for general surgery. This has in-turn helped market growth of general surgery devices market. This has made the market more lucrative. This will encourage global players to make their presence in India.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format.
  • 3 months of analyst support.

This report will be delivered within 2 business days.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • B. Braun Melsungen AG
  • Cadence Inc.
  • Conmed Corporation
  • ERBE Elektromedizin GmbH
  • Getinge
  • Johnson & Johnson
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Minimally Invasive Surgeries
4.2.2 High Rate of Injuries and Accidents
4.2.3 Increasing Prevalence og Chronic Diseases
4.3 Market Restraints
4.3.1 Reimbursement Issues
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Handheld Devices
5.1.2 Laproscopic Devices
5.1.3 Electro Surgical Devices
5.1.4 Wound Closure Devices
5.1.5 Trocars and Access Devices
5.1.6 Other Products
5.2 By Application
5.2.1 Gynecology and Urology
5.2.2 Cardiology
5.2.3 Orthopedic
5.2.4 Neurology
5.2.5 Other Applications

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 B. Braun Melsungen AG
6.1.2 Boston Scientific Corporation
6.1.3 Cadence Inc.
6.1.4 Conmed Corporation
6.1.5 ERBE Elektromedizin GmbH
6.1.6 Getinge
6.1.7 Johnson & Johnson
6.1.8 Medtronic PLC
6.1.9 Olympus Corporations
6.1.10 Stryker Corporation

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown
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  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • Cadence Inc.
  • Conmed Corporation
  • ERBE Elektromedizin GmbH
  • Getinge
  • Johnson & Johnson
  • Medtronic PLC
  • Olympus Corporations
  • Stryker Corporation
Note: Product cover images may vary from those shown
5 of 5

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