Product Code: ETC11437710 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India biliary stents market import shipments demonstrated robust growth with a CAGR of 25.7% from 2020 to 2024. The growth rate between 2023 and 2024, at 10.8%, indicates continued expansion, showing a strong upward momentum in the market over the years.
The India biliary stents market is experiencing significant growth due to the increasing prevalence of biliary diseases, such as gallstones and bile duct cancer. The market is driven by factors such as the rising geriatric population, changing dietary habits, and advancements in healthcare infrastructure. Biliary stents are commonly used in the treatment of biliary strictures, obstructions, and other related conditions. Key players in the market are focusing on product innovation, such as the development of biodegradable stents and drug-eluting stents, to improve patient outcomes. The market is also witnessing a trend towards minimally invasive procedures, driving the demand for biliary stents. Overall, the India biliary stents market is expected to continue to grow as the healthcare sector in the country evolves and more patients seek treatment for biliary-related conditions.
The India biliary stents market is witnessing several key trends, including a shift towards minimally invasive procedures for the treatment of biliary diseases, such as endoscopic retrograde cholangiopancreatography (ERCP) and percutaneous transhepatic cholangiography (PTC). There is a growing demand for advanced biliary stents with improved designs and materials to enhance patency rates and reduce the risk of complications. The market is also seeing an increasing adoption of fully covered self-expandable metal stents (FCSEMS) and drug-eluting stents for better outcomes in the management of biliary strictures and other conditions. Additionally, rising cases of biliary diseases, such as gallstones and bile duct cancer, are driving the growth of the biliary stents market in India, prompting manufacturers to innovate and develop new products to meet the evolving needs of healthcare providers and patients.
The India biliary stents market faces several challenges, including limited awareness about biliary stents among healthcare professionals and patients, leading to underdiagnosis and underutilization of these devices. Additionally, the high cost of biliary stents can be prohibitive for many patients, especially in a country where healthcare expenses are a significant burden for the population. Another challenge is the lack of standardized guidelines for the selection and placement of biliary stents, which can lead to variations in practice and suboptimal patient outcomes. Furthermore, the presence of counterfeit or low-quality biliary stents in the market poses a threat to patient safety and trust in the healthcare system. Addressing these challenges will require collaborations between healthcare providers, policymakers, and industry stakeholders to improve access, affordability, and quality of biliary stents in India.
The India biliary stents market presents several investment opportunities due to the increasing prevalence of biliary disorders, such as gallstones and bile duct cancers, coupled with a growing aging population. Technological advancements in stent design and materials are driving market growth, offering opportunities for innovation and differentiation. Key players in the market are focusing on developing advanced stents with improved efficacy and reduced complications, creating a competitive landscape ripe for investment. Additionally, the rising adoption of minimally invasive procedures in India is fueling demand for biliary stents, further expanding the market potential. Investors can consider opportunities in companies involved in research and development of novel stent technologies, strategic partnerships, and market expansion strategies to capitalize on the growing demand for biliary stents in India.
The Indian government has implemented price caps on medical devices, including biliary stents, to ensure affordability and accessibility for patients. The National Pharmaceutical Pricing Authority (NPPA) periodically revises and regulates the maximum selling prices of stents to prevent overcharging by manufacturers and hospitals. Additionally, the government has also mandated the inclusion of stents under the National List of Essential Medicines (NLEM), further emphasizing the importance of making these life-saving devices available at reasonable prices. These policies aim to control healthcare costs, promote domestic manufacturing, and enhance patient outcomes in the biliary stents market in India.
The India biliary stents market is expected to witness significant growth in the coming years due to the increasing prevalence of biliary disorders such as gallstones, bile duct cancer, and biliary strictures. The growing aging population, rising incidence of lifestyle-related diseases, and advancements in healthcare infrastructure are driving the demand for biliary stents in India. Additionally, the increasing adoption of minimally invasive procedures and technological advancements in stent design are anticipated to further boost market growth. However, challenges such as stringent regulatory approvals and pricing pressures may hinder market expansion. Overall, with the increasing awareness about biliary diseases and improving access to healthcare services, the India biliary stents market is poised for steady growth in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Biliary Stents Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Biliary Stents Market Revenues & Volume, 2021 & 2031F |
3.3 India Biliary Stents Market - Industry Life Cycle |
3.4 India Biliary Stents Market - Porter's Five Forces |
3.5 India Biliary Stents Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Biliary Stents Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Biliary Stents Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Biliary Stents Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India Biliary Stents Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
4 India Biliary Stents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of biliary disorders in India |
4.2.2 Technological advancements in biliary stent design and materials |
4.2.3 Rising geriatric population in India requiring biliary interventions |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for product approval |
4.3.2 Limited awareness about advanced biliary stent options among healthcare providers and patients |
5 India Biliary Stents Market Trends |
6 India Biliary Stents Market, By Types |
6.1 India Biliary Stents Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Biliary Stents Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Biliary Stents Market Revenues & Volume, By Plastic Stents, 2021 - 2031F |
6.1.4 India Biliary Stents Market Revenues & Volume, By Metal Stents, 2021 - 2031F |
6.1.5 India Biliary Stents Market Revenues & Volume, By Bioabsorbable Stents, 2021 - 2031F |
6.2 India Biliary Stents Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Biliary Stents Market Revenues & Volume, By Polymer, 2021 - 2031F |
6.2.3 India Biliary Stents Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.2.4 India Biliary Stents Market Revenues & Volume, By Nitinol, 2021 - 2031F |
6.3 India Biliary Stents Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Biliary Stents Market Revenues & Volume, By Biliary Obstruction, 2021 - 2031F |
6.3.3 India Biliary Stents Market Revenues & Volume, By Gallstone Disease, 2021 - 2031F |
6.3.4 India Biliary Stents Market Revenues & Volume, By Pancreatic Cancer, 2021 - 2031F |
6.4 India Biliary Stents Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Biliary Stents Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 India Biliary Stents Market Revenues & Volume, By Ambulatory Centers, 2021 - 2031F |
6.4.4 India Biliary Stents Market Revenues & Volume, By Specialty Clinics, 2021 - 2031F |
6.5 India Biliary Stents Market, By Coating Type |
6.5.1 Overview and Analysis |
6.5.2 India Biliary Stents Market Revenues & Volume, By Uncoated, 2021 - 2031F |
6.5.3 India Biliary Stents Market Revenues & Volume, By Coated, 2021 - 2031F |
6.5.4 India Biliary Stents Market Revenues & Volume, By Drug-Eluting, 2021 - 2031F |
7 India Biliary Stents Market Import-Export Trade Statistics |
7.1 India Biliary Stents Market Export to Major Countries |
7.2 India Biliary Stents Market Imports from Major Countries |
8 India Biliary Stents Market Key Performance Indicators |
8.1 Average length of hospital stay post biliary stent implantation |
8.2 Number of biliary stent procedures performed annually |
8.3 Adoption rate of minimally invasive biliary interventions |
8.4 Rate of complications associated with biliary stent placement |
8.5 Patient satisfaction scores post biliary stent implantation |
9 India Biliary Stents Market - Opportunity Assessment |
9.1 India Biliary Stents Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Biliary Stents Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Biliary Stents Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Biliary Stents Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India Biliary Stents Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
10 India Biliary Stents Market - Competitive Landscape |
10.1 India Biliary Stents Market Revenue Share, By Companies, 2024 |
10.2 India Biliary Stents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |