Product Code: ETC7545903 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India Interventional Cardiology and Peripheral Vascular Devices Market is experiencing significant growth due to the rising prevalence of cardiovascular diseases and an increasing elderly population. The market is driven by advancements in technology, such as the development of innovative stents, catheters, and imaging systems. Additionally, the growing awareness about minimally invasive procedures is boosting the demand for interventional cardiology and peripheral vascular devices in India. Key players in the market are focusing on product innovation and strategic collaborations to gain a competitive edge. However, challenges such as high costs associated with these devices and limited reimbursement policies may hinder market growth. Overall, the India Interventional Cardiology and Peripheral Vascular Devices Market is poised for expansion with opportunities for further development and adoption of advanced technologies.
The India Interventional Cardiology and Peripheral Vascular Devices Market is witnessing significant growth driven by the increasing prevalence of cardiovascular diseases, growing adoption of minimally invasive procedures, and advancements in technology. Key trends include the rising demand for drug-eluting stents, bioresorbable stents, and peripheral vascular stents, as well as the shift towards catheter-based interventions over traditional open surgeries. Opportunities in the market lie in the development of innovative devices and technologies, expansion of healthcare infrastructure in tier 2 and tier 3 cities, and strategic collaborations between industry players and healthcare providers to enhance patient outcomes. The market is also seeing a rise in demand for peripheral vascular devices due to the increasing cases of peripheral artery disease, creating avenues for growth and investment in this segment.
Some of the key challenges facing the India Interventional Cardiology and Peripheral Vascular Devices Market include increasing competition from local and international players, regulatory hurdles, pricing pressure due to the presence of low-cost alternatives, and limited access to advanced healthcare facilities in rural areas. Additionally, the market is also impacted by a lack of skilled healthcare professionals trained in interventional cardiology procedures and a relatively lower level of awareness among patients regarding the benefits of these advanced cardiovascular treatments. Overcoming these challenges will require continuous innovation, strategic partnerships, investment in training programs, and efforts to improve healthcare infrastructure and accessibility in underserved regions to ensure the growth and success of the interventional cardiology and peripheral vascular devices market in India.
The India Interventional Cardiology and Peripheral Vascular Devices Market is primarily driven by the increasing prevalence of cardiovascular diseases, rising geriatric population, and growing adoption of minimally invasive procedures. Advancements in technology, such as the development of innovative devices for enhanced patient outcomes and reduced treatment time, also contribute to market growth. Additionally, improving healthcare infrastructure, rising disposable income, and expanding awareness about interventional cardiology procedures among both patients and healthcare professionals are key factors fueling market expansion. The shift towards preventive healthcare measures and the availability of reimbursement options for these procedures further support the demand for interventional cardiology and peripheral vascular devices in India.
The Indian government has implemented various policies related to the Interventional Cardiology and Peripheral Vascular Devices market to promote accessibility and affordability of healthcare services. The government has introduced initiatives such as the National Health Policy, Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (PMJAY), and Make in India campaign to encourage domestic manufacturing of medical devices. Additionally, the Medical Devices Rules, 2017 aim to regulate the quality and safety standards of medical devices in the country. These policies focus on improving healthcare infrastructure, enhancing medical device manufacturing capabilities, and ensuring the availability of essential medical devices to cater to the growing healthcare needs of the population, thereby fostering growth in the Interventional Cardiology and Peripheral Vascular Devices market in India.
The India Interventional Cardiology and Peripheral Vascular Devices Market is expected to witness significant growth in the coming years due to factors such as the rising prevalence of cardiovascular diseases, increasing adoption of minimally invasive procedures, and advancements in technology. The market is likely to benefit from the increasing investments in healthcare infrastructure and the growing awareness about the importance of early diagnosis and treatment of heart conditions. Additionally, the expanding middle-class population with a higher disposable income and the government initiatives to improve healthcare access in rural areas are expected to drive market growth. However, challenges such as the high cost of these devices, limited reimbursement policies, and the lack of skilled healthcare professionals may hinder the market expansion to some extent. Overall, the India Interventional Cardiology and Peripheral Vascular Devices Market is poised for 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 Interventional Cardiology and Peripheral Vascular Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Interventional Cardiology and Peripheral Vascular Devices Market - Industry Life Cycle |
3.4 India Interventional Cardiology and Peripheral Vascular Devices Market - Porter's Five Forces |
3.5 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Interventional Cardiology and Peripheral Vascular Devices 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 interventional cardiology and peripheral vascular devices |
4.2.3 Growing adoption of minimally invasive procedures in cardiac care |
4.3 Market Restraints |
4.3.1 High cost associated with interventional cardiology and peripheral vascular devices |
4.3.2 Limited reimbursement policies for these procedures in India |
4.3.3 Lack of skilled healthcare professionals in the field of interventional cardiology |
5 India Interventional Cardiology and Peripheral Vascular Devices Market Trends |
6 India Interventional Cardiology and Peripheral Vascular Devices Market, By Types |
6.1 India Interventional Cardiology and Peripheral Vascular Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Inferior Vena Cava (IVC) Filters, 2021- 2031F |
6.1.4 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Plaque Modification Devices, 2021- 2031F |
6.1.5 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Hemodynamic Flow Alteration Devices, 2021- 2031F |
6.1.6 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Accessories, 2021- 2031F |
6.1.7 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Angioplasty Balloons, 2021- 2031F |
6.1.8 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Angioplasty Stents, 2021- 2031F |
6.1.9 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Endovascular Aneurysm Repair Stent Grafts, 2021- 2031F |
6.1.10 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Endovascular Aneurysm Repair Stent Grafts, 2021- 2031F |
6.2 India Interventional Cardiology and Peripheral Vascular Devices Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.2.4 India Interventional Cardiology and Peripheral Vascular Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 India Interventional Cardiology and Peripheral Vascular Devices Market Import-Export Trade Statistics |
7.1 India Interventional Cardiology and Peripheral Vascular Devices Market Export to Major Countries |
7.2 India Interventional Cardiology and Peripheral Vascular Devices Market Imports from Major Countries |
8 India Interventional Cardiology and Peripheral Vascular Devices Market Key Performance Indicators |
8.1 Number of hospitals offering interventional cardiology and peripheral vascular procedures |
8.2 Adoption rate of advanced interventional cardiology technologies |
8.3 Number of interventional cardiology procedures performed annually in India |
8.4 Rate of complications or adverse events associated with interventional cardiology procedures |
8.5 Patient satisfaction scores related to interventional cardiology and peripheral vascular procedures |
9 India Interventional Cardiology and Peripheral Vascular Devices Market - Opportunity Assessment |
9.1 India Interventional Cardiology and Peripheral Vascular Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Interventional Cardiology and Peripheral Vascular Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Interventional Cardiology and Peripheral Vascular Devices Market - Competitive Landscape |
10.1 India Interventional Cardiology and Peripheral Vascular Devices Market Revenue Share, By Companies, 2024 |
10.2 India Interventional Cardiology and Peripheral Vascular Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |