India Anastomosis Devices Market Size & Outlook, 2023-2030
India anastomosis devices market, 2018-2030 (US$M)
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India anastomosis devices market highlights
- The India anastomosis devices market generated a revenue of USD 154.2 million in 2023 and is expected to reach USD 244.1 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, disposable was the largest revenue generating product in 2023.
- Reusable is the most lucrative product segment registering the fastest growth during the forecast period.
Anastomosis devices market data book summary
| Market revenue in 2023 | USD 154.2 million |
| Market revenue in 2030 | USD 244.1 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Disposable |
| Fastest growing segment | Reusable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable, Reusable |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Getinge AB Class B, Baxter International Inc, Mizuho Financial Group Inc, Péters Surgical, Carponovum, Vascular Graft Solutions, Medline Industries, Seger Surgical Solutions |
Other key industry trends
- In terms of revenue, India accounted for 3.9% of the global anastomosis devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan anastomosis devices market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 70.1 million by 2030.
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Anastomosis Devices Market Scope
Anastomosis Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India anastomosis devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anastomosis devices market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 87.48% in 2023. Horizon Databook has segmented the India anastomosis devices market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
India is anticipated to witness exponential growth during the forecast period owing to high prevalence of CVD and increase in number of CABG procedures. According to CADI Research Foundation, over 60,000 coronary bypass surgeries are performed every year in India and this number is increasing rapidly.
The number of bypass surgeries in India is reported to be increasing, whereas it is decreasing in the U.S. It also states that there has been a steady 25%– 30% annual growth in the number of coronary procedures performed over the past years. Thus, the aforementioned reasons are expected to boost the market growth for anastomosis devices in this region.
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Our clientele includes a mix of anastomosis devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India anastomosis devices market , including forecasts for subscribers. This country databook contains high-level insights into India anastomosis devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India anastomosis devices market size, by product, 2018-2030 (US$M)
India Anastomosis Devices Market Outlook Share, 2023 & 2030 (US$M)
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