| Product Code: ETC361764 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s anesthesia devices import market in 2024 continued to be dominated by key exporters such as China, USA, Germany, UK, and Italy. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high level of market concentration, as indicated by the Herfindahl-Hirschman Index (HHI). With a strong cumulative annual growth rate (CAGR) of 6.57% from 2020 to 2024, the Indian market for anesthesia devices remains dynamic and competitive, offering opportunities for both domestic and international players to capitalize on this growing sector.

The anesthesia devices market in India was valued at around USD 319 million and is projected to reach a value of nearly USD 370 million, recording a CAGR of 3.7%. Increasing cases of chronic diseases and surgeries are driving the demand for sophisticated anaesthetic products such as ventilators and inhalers which has been instrumental in boosting the growth rate over recent years. Additionally, rising awareness regarding safe patient care coupled with supportive government initiatives have led to an increase in healthcare expenditure thus further fueling the growth prospects for this market over forthcoming years.
The anesthesia devices market in India is experiencing significant growth due to the increasing number of surgical procedures, advancements in healthcare infrastructure, and a growing geriatric population. Anesthesia devices are essential for administering anesthesia during surgical operations, and the rising demand for surgical interventions is driving the market`s expansion. Additionally, the adoption of modern anesthesia delivery systems, such as inhalers and intravenous anesthesia, is further boosting market growth. The increasing prevalence of chronic diseases and the expansion of healthcare facilities in tier-II and tier-III cities are also positively impacting the market.
The India anesthesia devices market faces several challenges as it strives to meet the increasing demand for advanced medical equipment in the healthcare sector. One of the primary challenges is the limited accessibility of anesthesia devices, especially in rural and remote areas. The concentration of healthcare facilities in urban centers leaves many regions underserved, resulting in a lack of access to essential medical equipment, including anesthesia devices. Additionally, the high cost of anesthesia devices poses affordability challenges for smaller healthcare facilities and clinics. Manufacturers must address pricing concerns to make these devices more accessible to a broader range of healthcare providers. Moreover, ensuring the quality and safety of anesthesia devices is critical for patient care. Stringent regulations and certifications are necessary to maintain high standards of device performance and patient safety. The lack of awareness and training among healthcare professionals in using anesthesia devices effectively can also hinder their adoption and utilization. Healthcare facilities need adequate training and support to maximize the benefits of these devices and improve patient outcomes. To overcome these challenges, the India anesthesia devices market can focus on expanding distribution networks, promoting cost-effective solutions, fostering collaborations between government and private healthcare sectors, and investing in healthcare professional training and education programs.
The India anesthesia devices market experienced significant strain during the pandemic. The overwhelming demand for medical equipment, including anesthesia devices, in hospitals treating COVID-19 patients, led to supply shortages and logistic challenges. Additionally, elective surgeries were postponed or canceled, impacting the overall demand for anesthesia devices. However, as the healthcare system adapts to the new normal, the market is likely to witness growth, driven by the need for better-equipped healthcare facilities and an increased emphasis on patient safety.
In the India anesthesia devices market, several key players contribute to providing a wide range of medical devices and equipment used during anesthesia administration and patient monitoring. Dr?ger India Pvt. Ltd. is a prominent player known for its anesthesia machines, ventilators, and monitoring devices, catering to hospitals and healthcare facilities across India. They focus on delivering advanced anesthesia solutions for safe and efficient patient care. GE Healthcare India is another major player offering anesthesia delivery systems.