Product Code: ETC12011022 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India drug eluting stent market is experiencing steady growth due to the increasing prevalence of cardiovascular diseases in the country. Factors such as a rise in unhealthy lifestyles, growing geriatric population, and improving healthcare infrastructure are driving the demand for drug eluting stents. Market players are focusing on technological advancements to enhance the efficacy and safety of these stents, thereby fueling market expansion. Government initiatives to promote affordable healthcare services and increasing awareness about the benefits of minimally invasive procedures are also contributing to market growth. However, challenges such as pricing pressures and regulatory hurdles may hinder market progression. Overall, the India drug eluting stent market is poised for further development as healthcare providers and stakeholders continue to prioritize cardiac care and innovation in medical technology.
The India drug-eluting stent market is experiencing a shift towards technologically advanced products, with an increasing focus on biodegradable and polymer-free stents to reduce long-term complications. There is also a growing demand for drug-eluting stents with innovative drug coatings that improve efficacy and safety while minimizing the risk of restenosis. Additionally, there is a trend towards the adoption of newer generation stents that offer better deliverability and flexibility for complex coronary interventions. The market is witnessing strategic collaborations and partnerships between key players to introduce new products and expand their market presence. With a rising prevalence of cardiovascular diseases and a growing aging population in India, the demand for drug-eluting stents is expected to continue to rise, driving further innovation and competition in the market.
The India drug-eluting stent market faces several challenges, including pricing pressure due to the presence of low-cost alternatives such as bare-metal stents and bioresorbable vascular scaffolds. Regulatory hurdles and lengthy approval processes also contribute to the challenges faced by manufacturers in introducing new and innovative products to the market. Moreover, the lack of awareness among patients and healthcare providers about the benefits of drug-eluting stents compared to other treatment options poses a significant barrier to market growth. Additionally, the increasing competition among market players and the need for continuous technological advancements to improve the efficacy and safety of drug-eluting stents further add to the challenges faced in this market.
The India drug eluting stent market presents promising investment opportunities due to factors such as a growing prevalence of cardiovascular diseases, increasing adoption of minimally invasive procedures, and a rising geriatric population. With advancements in technology and continuous research and development efforts, the market is witnessing the introduction of innovative drug eluting stents with improved efficacy and safety profiles. Additionally, favorable government initiatives and healthcare infrastructure development are further driving market growth. Investors can explore opportunities in collaborating with established players for product development, expanding distribution networks, or investing in research and development to capitalize on the market`s growth potential. However, it is essential to closely monitor regulatory changes and competitive dynamics to make informed investment decisions in this evolving market.
In India, the government has implemented policies to regulate the drug eluting stent market to ensure accessibility and affordability. The National Pharmaceutical Pricing Authority (NPPA) has set price caps on stents, leading to reduced prices and making them more accessible to patients. Additionally, the government has mandated the use of only US FDA or CE certified stents to maintain quality standards. The Drug Controller General of India (DCGI) also oversees the approval process for stents to ensure their safety and efficacy before they enter the market. These policies aim to strike a balance between promoting innovation in the healthcare sector and ensuring that life-saving medical devices like drug eluting stents are available to patients at reasonable prices.
The India drug eluting stent market is poised for significant growth in the coming years due to factors such as the increasing prevalence of cardiovascular diseases, rising geriatric population, and improving healthcare infrastructure. Technological advancements in stent design and materials are also expected to drive market expansion, leading to a wider availability of innovative products and improved patient outcomes. Additionally, government initiatives aimed at increasing access to healthcare services and promoting the adoption of advanced medical treatments will further boost market growth. However, challenges such as pricing pressures, regulatory hurdles, and competition from alternative treatment options may impact market dynamics. Overall, the India drug eluting stent market is anticipated to experience steady growth in the foreseeable future, driven by a combination of demographic trends and technological advancements.
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 Drug Eluting Stent Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Drug Eluting Stent Market Revenues & Volume, 2021 & 2031F |
3.3 India Drug Eluting Stent Market - Industry Life Cycle |
3.4 India Drug Eluting Stent Market - Porter's Five Forces |
3.5 India Drug Eluting Stent Market Revenues & Volume Share, By Drug Type, 2021 & 2031F |
3.6 India Drug Eluting Stent Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 India Drug Eluting Stent Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Drug Eluting Stent Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Drug Eluting Stent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Drug Eluting Stent Market Trends |
6 India Drug Eluting Stent Market, By Types |
6.1 India Drug Eluting Stent Market, By Drug Type |
6.1.1 Overview and Analysis |
6.1.2 India Drug Eluting Stent Market Revenues & Volume, By Drug Type, 2021 - 2031F |
6.1.3 India Drug Eluting Stent Market Revenues & Volume, By Paclitaxel-Eluting Stents, 2021 - 2031F |
6.1.4 India Drug Eluting Stent Market Revenues & Volume, By Sirolimus-Eluting Stents, 2021 - 2031F |
6.1.5 India Drug Eluting Stent Market Revenues & Volume, By Everolimus-Eluting Stents, 2021 - 2031F |
6.1.6 India Drug Eluting Stent Market Revenues & Volume, By Zotarolimus-Eluting Stents, 2021 - 2031F |
6.2 India Drug Eluting Stent Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 India Drug Eluting Stent Market Revenues & Volume, By Polymer-Based Stents, 2021 - 2031F |
6.2.3 India Drug Eluting Stent Market Revenues & Volume, By Biodegradable Stents, 2021 - 2031F |
6.2.4 India Drug Eluting Stent Market Revenues & Volume, By Metallic Stents, 2021 - 2031F |
6.2.5 India Drug Eluting Stent Market Revenues & Volume, By Composite Stents, 2021 - 2031F |
6.3 India Drug Eluting Stent Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Drug Eluting Stent Market Revenues & Volume, By Coronary Artery Disease (CAD), 2021 - 2031F |
6.3.3 India Drug Eluting Stent Market Revenues & Volume, By Peripheral Artery Disease (PAD), 2021 - 2031F |
6.3.4 India Drug Eluting Stent Market Revenues & Volume, By Renal Artery Stenosis, 2021 - 2031F |
6.3.5 India Drug Eluting Stent Market Revenues & Volume, By Carotid Artery Disease, 2021 - 2031F |
6.4 India Drug Eluting Stent Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Drug Eluting Stent Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 India Drug Eluting Stent Market Revenues & Volume, By Cardiology Clinics, 2021 - 2031F |
6.4.4 India Drug Eluting Stent Market Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031F |
6.4.5 India Drug Eluting Stent Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
7 India Drug Eluting Stent Market Import-Export Trade Statistics |
7.1 India Drug Eluting Stent Market Export to Major Countries |
7.2 India Drug Eluting Stent Market Imports from Major Countries |
8 India Drug Eluting Stent Market Key Performance Indicators |
9 India Drug Eluting Stent Market - Opportunity Assessment |
9.1 India Drug Eluting Stent Market Opportunity Assessment, By Drug Type, 2021 & 2031F |
9.2 India Drug Eluting Stent Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 India Drug Eluting Stent Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Drug Eluting Stent Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Drug Eluting Stent Market - Competitive Landscape |
10.1 India Drug Eluting Stent Market Revenue Share, By Companies, 2024 |
10.2 India Drug Eluting Stent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |