India Implantable Medical Devices Market Size (US$ 142.0 Billion) 2022-2027, Growth Rate (6.87%), Top Company Analysis, Trends and Revenue Forecast

According to the latest report by IMARC Group, titled "India Implantable Medical Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the growing prevalence of heart disorders, arthritis, sensory or cognitive modality, etc., which require several types of implants to sustain the life of the patient, is one of the primary factors driving the India implantable medical devices market.

Year considered to estimate the market size:

• Base year of the analysis: 2021
• Historical period: 2016-2021
• Forecast period: 2022-2027

The India implantable medical devices market size reached US$ 94.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 142.0 Billion by 2027, exhibiting a growth rate (CAGR) of 6.87% during 2022-2027.

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Market Trends and Drivers:

The expanding geriatric population, who are more susceptible to various chronic ailments, including diabetes, cancer, hypertension, etc., is acting as another significant growth-inducing factor.

Moreover, the elevating consumer consciousness towards physical appearances is propelling the demand for cosmetic surgeries, which is further catalyzing the market growth.

Apart from this, numerous R&D activities in the microelectronics and biotechnology sectors aimed at developing advanced implant variants are projected to fuel the India implantable medical devices market over the forecasted period.

Implantable Medical Devices Market Outlook:

Medical implants, or implantable medical devices, represent the artificial devices that are used for supporting or replacing damaged body organs. They include orthopedics, pacemakers, cardiovascular stents, defibrillators, neural prosthetics, etc. Implantable medical devices are introduced either wholly or partially via medical or surgical methods into the human body. They can be implanted permanently or temporarily, depending upon the medical needs.

Implantable medical devices are typically manufactured utilizing skin, bones, metals, tissues, ceramics, plastics, etc. They are used in hospitals, Ambulatory Surgery Centers (ASCs), clinics, etc.

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India Implantable Medical Devices Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the India implantable medical devices market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Highlights of the Market Segmentation:

The report has segmented the India implantable medical devices market on the basis of product, material, end user and region.

Based on Product:

• Orthopedic Implants
• Dental Implants
• Facial Implants
• Breast Implants
• Cardiovascular Implants
• Others

Based on Material:

• Polymers
• Metals
• Ceramics
• Biologics

Based on End User:

• Hospitals
• Ambulatory Surgery Centers (ASCs)
• Clinics

Regional Analysis:

• North India
• West and Central India
• South India
• East India

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-implantable-medical-devices-market

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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