India Laparoscopic Devices Market Size & Outlook
India laparoscopic devices market, 2018-2030 (US$M)
Related Markets
India laparoscopic devices market highlights
- The India laparoscopic devices market generated a revenue of USD 217.1 million in 2023 and is expected to reach USD 379.1 million by 2030.
- The India market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, energy systems was the largest revenue generating product in 2023.
- Robot Assisted Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Laparoscopic devices market data book summary
| Market revenue in 2023 | USD 217.1 million |
| Market revenue in 2030 | USD 379.1 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Energy systems |
| Fastest growing segment | Robot Assisted Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/ Irrigation Device, Insufflation Device, Robot Assisted Systems, Hand Access Instruments |
| Key market players worldwide | Karl Storz, Medtronic PLC, Johnson & Johnson, Olympus Corp, B. Braun, The Cooper Companies Inc, Richard Wolf, Hoya Corp, BD, Welfare Medical, DEAM, Intuitive Surgical Inc |
Other key industry trends
- In terms of revenue, India accounted for 2.8% of the global laparoscopic devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China laparoscopic devices market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 452.8 million by 2030.
Energy systems was the largest segment with a revenue share of 26.02% in 2023. Horizon Databook has segmented the India laparoscopic devices market based on laparoscopes, energy systems, trocars, closure devices, suction/ irrigation device, insufflation device, robot assisted systems, hand access instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The market for laparoscopic devices in India is growing at a rapid rate owing to rise in geriatric population, increase in the number of surgical procedures, and rise in incidence of chronic diseases, such as diabetes, cancer, and CVDs.
Key drivers of the market are rising disposable income, increasing availability of health insurance, growing public expenditure on healthcare, and improving medical infrastructure. Indian medical devices sector is Asia’s fourth largest market and provides significant growth opportunities for both multinational & domestic players.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Laparoscopic Devices Market Scope
Laparoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India laparoscopic devices market size, by product, 2018-2030 (US$M)
India Laparoscopic Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
