| Product Code: ETC7539308 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s cardiovascular needle import market saw a notable increase in shipments in 2024, with the top exporting countries being the USA, Japan, China, Malaysia, and Ireland. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased significantly from low concentration in 2023 to very low concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 15.49%, although there was a slight decline in the growth rate from 2023 to 2024 at -1.99%. These trends suggest a dynamic and evolving landscape in the Indian cardiovascular needle import market.

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 Cardiovascular Needle Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cardiovascular Needle Market Revenues & Volume, 2021 & 2031F |
3.3 India Cardiovascular Needle Market - Industry Life Cycle |
3.4 India Cardiovascular Needle Market - Porter's Five Forces |
3.5 India Cardiovascular Needle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Cardiovascular Needle Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Cardiovascular Needle Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.8 India Cardiovascular Needle Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Cardiovascular Needle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in India |
4.2.2 Technological advancements in cardiovascular needle manufacturing |
4.2.3 Growing adoption of minimally invasive procedures in cardiology |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medical devices in India |
4.3.2 High cost associated with cardiovascular needle products |
4.3.3 Limited awareness about advanced cardiovascular needle technologies among healthcare providers |
5 India Cardiovascular Needle Market Trends |
6 India Cardiovascular Needle Market, By Types |
6.1 India Cardiovascular Needle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Cardiovascular Needle Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Cardiovascular Needle Market Revenues & Volume, By Round Bodied Needles, 2021- 2031F |
6.1.4 India Cardiovascular Needle Market Revenues & Volume, By Cutting Needles, 2021- 2031F |
6.2 India Cardiovascular Needle Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Cardiovascular Needle Market Revenues & Volume, By Open-heart Surgery, 2021- 2031F |
6.2.3 India Cardiovascular Needle Market Revenues & Volume, By Coronary Artery Bypass Graft Surgery, 2021- 2031F |
6.2.4 India Cardiovascular Needle Market Revenues & Volume, By Cardiac Valve Procedures, 2021- 2031F |
6.2.5 India Cardiovascular Needle Market Revenues & Volume, By Heart Transplant, 2021- 2031F |
6.2.6 India Cardiovascular Needle Market Revenues & Volume, By Others, 2021- 2031F |
6.3 India Cardiovascular Needle Market, By Usage |
6.3.1 Overview and Analysis |
6.3.2 India Cardiovascular Needle Market Revenues & Volume, By Single Use, 2021- 2031F |
6.3.3 India Cardiovascular Needle Market Revenues & Volume, By Multiple Use, 2021- 2031F |
6.4 India Cardiovascular Needle Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Cardiovascular Needle Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 India Cardiovascular Needle Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.4.4 India Cardiovascular Needle Market Revenues & Volume, By Clinics, 2021- 2031F |
6.4.5 India Cardiovascular Needle Market Revenues & Volume, By Others, 2021- 2031F |
7 India Cardiovascular Needle Market Import-Export Trade Statistics |
7.1 India Cardiovascular Needle Market Export to Major Countries |
7.2 India Cardiovascular Needle Market Imports from Major Countries |
8 India Cardiovascular Needle Market Key Performance Indicators |
8.1 Adoption rate of minimally invasive cardiovascular procedures in India |
8.2 Number of research and development initiatives focused on cardiovascular needle technologies |
8.3 Percentage of healthcare facilities equipped with advanced cardiovascular needle products |
8.4 Patient satisfaction scores related to cardiovascular needle procedures |
8.5 Rate of complications associated with cardiovascular needle usage |
9 India Cardiovascular Needle Market - Opportunity Assessment |
9.1 India Cardiovascular Needle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Cardiovascular Needle Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Cardiovascular Needle Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.4 India Cardiovascular Needle Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Cardiovascular Needle Market - Competitive Landscape |
10.1 India Cardiovascular Needle Market Revenue Share, By Companies, 2024 |
10.2 India Cardiovascular Needle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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