Product Code: ETC7544138 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India gamma probe device market import shipments displayed a steady expansion from 2020 to 2024, with a notable CAGR of 9.2%. However, growth slowed slightly between 2023 and 2024, with a modest increase of 0.4%. Overall, the market exhibited a positive momentum with a consistent upward trend during the period.
The India Gamma Probe Device Market is experiencing steady growth due to increasing adoption in surgical procedures such as sentinel lymph node mapping and radioguided surgery for cancer treatment. The market is driven by rising cancer incidence rates, advancements in healthcare infrastructure, and growing awareness about the benefits of early cancer detection. Key players in the market are focusing on product innovation, technological advancements, and strategic collaborations to gain a competitive edge. Government initiatives to improve healthcare access and affordability are also fueling market growth. However, challenges such as high costs associated with gamma probe devices and limited awareness among healthcare professionals about their usage may hinder market expansion. Overall, the India Gamma Probe Device Market is poised for significant growth in the coming years, driven by increasing demand for minimally invasive surgical techniques and improved cancer diagnosis and treatment outcomes.
The India Gamma Probe Device Market is witnessing steady growth due to the increasing prevalence of cancer and the rising demand for minimally invasive surgical procedures. Technological advancements in gamma probe devices, such as improved sensitivity and accuracy, are driving market expansion. Additionally, the growing adoption of nuclear medicine imaging techniques for cancer diagnosis and treatment planning is further fueling market growth. Opportunities in the market include the development of portable and user-friendly gamma probe devices, strategic partnerships between manufacturers and healthcare providers, and the introduction of innovative features to enhance surgical precision and patient outcomes. The market is expected to continue growing as healthcare infrastructure improves and awareness about the benefits of gamma probe devices increases among healthcare professionals and patients.
In the India Gamma Probe Device Market, some challenges that are faced include limited awareness and adoption of gamma probe technology among healthcare providers, particularly in smaller cities and rural areas. This is partly due to the high cost associated with gamma probe devices, making them inaccessible to many healthcare facilities. Additionally, there is a lack of standardized training programs for healthcare professionals on the use of gamma probes, leading to potential misuse or limited utilization of the technology. Regulatory hurdles and import restrictions also contribute to the challenges faced by manufacturers and distributors in the India Gamma Probe Device Market. Overcoming these obstacles will require targeted educational initiatives, strategic pricing strategies, and collaboration between industry stakeholders and regulatory bodies to promote wider acceptance and use of gamma probe devices in the Indian healthcare sector.
The India Gamma Probe Device Market is driven by factors such as the increasing incidence of cancer, particularly breast cancer and melanoma, which require accurate and precise detection of lymph nodes for staging and treatment planning. Technological advancements in gamma probe devices, such as improved sensitivity and specificity, enhanced ergonomic design, and integration with imaging modalities, are also driving market growth. Additionally, rising healthcare expenditure, growing awareness about early cancer detection, and expanding healthcare infrastructure in India are further fueling the demand for gamma probe devices in the country. These factors are collectively contributing to the growth of the India Gamma Probe Device Market as healthcare providers and patients increasingly recognize the benefits of these devices in improving clinical outcomes and patient care.
The India Gamma Probe Device Market is influenced by government policies aimed at regulating medical devices and promoting healthcare infrastructure development. The Indian government has implemented the Medical Device Rules, 2017, which classify gamma probe devices as medical devices requiring registration with the Central Drugs Standard Control Organization (CDSCO) for import, manufacture, and sale in India. Additionally, the government`s "Make in India" initiative encourages domestic production of medical devices, offering incentives and promoting collaborations with foreign manufacturers. The National Health Policy 2017 emphasizes improving healthcare access and affordability, creating opportunities for gamma probe device manufacturers to cater to the growing demand for advanced medical technologies in India`s healthcare sector. Overall, government policies play a crucial role in shaping the regulatory landscape and market dynamics for gamma probe devices in India.
The India Gamma Probe Device Market is expected to show steady growth in the coming years due to factors such as increasing prevalence of cancer, rising awareness about early diagnosis, and advancements in healthcare infrastructure. The market is likely to be driven by the growing adoption of minimally invasive surgical procedures and the emphasis on precision medicine. The demand for gamma probe devices, which are used for intraoperative detection of sentinel lymph nodes in cancer surgeries, is anticipated to rise as healthcare providers focus on improving patient outcomes and reducing complications. Additionally, technological innovations in gamma probe devices, such as improved accuracy and sensitivity, are expected to further fuel market growth. However, challenges related to high costs and the availability of alternative diagnostic methods may impact market expansion to some extent.
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 Gamma Probe Device Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gamma Probe Device Market Revenues & Volume, 2021 & 2031F |
3.3 India Gamma Probe Device Market - Industry Life Cycle |
3.4 India Gamma Probe Device Market - Porter's Five Forces |
3.5 India Gamma Probe Device Market Revenues & Volume Share, By Modality, 2021 & 2031F |
3.6 India Gamma Probe Device Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Gamma Probe Device Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Gamma Probe Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cancer in India |
4.2.2 Rising investments in healthcare infrastructure |
4.2.3 Growing adoption of minimally invasive surgeries in the country |
4.3 Market Restraints |
4.3.1 High cost associated with gamma probe devices |
4.3.2 Lack of skilled healthcare professionals to operate gamma probe devices effectively |
5 India Gamma Probe Device Market Trends |
6 India Gamma Probe Device Market, By Types |
6.1 India Gamma Probe Device Market, By Modality |
6.1.1 Overview and Analysis |
6.1.2 India Gamma Probe Device Market Revenues & Volume, By Modality, 2021- 2031F |
6.1.3 India Gamma Probe Device Market Revenues & Volume, By Standalone, 2021- 2031F |
6.1.4 India Gamma Probe Device Market Revenues & Volume, By Mobile, 2021- 2031F |
6.2 India Gamma Probe Device Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Gamma Probe Device Market Revenues & Volume, By Parathyroid Surgery, 2021- 2031F |
6.2.3 India Gamma Probe Device Market Revenues & Volume, By Sentinel Lymph Node Mapping, 2021- 2031F |
6.3 India Gamma Probe Device Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Gamma Probe Device Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 India Gamma Probe Device Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.3.4 India Gamma Probe Device Market Revenues & Volume, By Others, 2021- 2031F |
7 India Gamma Probe Device Market Import-Export Trade Statistics |
7.1 India Gamma Probe Device Market Export to Major Countries |
7.2 India Gamma Probe Device Market Imports from Major Countries |
8 India Gamma Probe Device Market Key Performance Indicators |
8.1 Average utilization rate of gamma probe devices in hospitals |
8.2 Number of successful cancer surgeries conducted using gamma probe devices |
8.3 Rate of adoption of gamma probe devices in new healthcare facilities |
9 India Gamma Probe Device Market - Opportunity Assessment |
9.1 India Gamma Probe Device Market Opportunity Assessment, By Modality, 2021 & 2031F |
9.2 India Gamma Probe Device Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Gamma Probe Device Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Gamma Probe Device Market - Competitive Landscape |
10.1 India Gamma Probe Device Market Revenue Share, By Companies, 2024 |
10.2 India Gamma Probe Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |