Product Code: ETC332544 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India medical supplies market import shipment demonstrated a consistent upward trajectory from 2020 to 2024, with a notable CAGR of 8.8% over the period. The growth rate accelerated further between 2023 and 2024, indicating a robust expansion trend in the market.
The India medical supplies market is estimated to be worth Rs. 513,000 crore in 2025 and is expected to grow at a CAGR of 16% from 2025-2031 to reach Rs. 1,053,900 crore by 2025. This growth can be attributed to the increasing prevalence of chronic ailments due to improved lifestyle, an aging population and improvements in healthcare infrastructure leading to increased demand for medical supplies. The rising number of surgeries has further contributed significantly towards the growth of this market.
The India medical supplies market is witnessing significant growth as the healthcare and medical industries utilize these supplies for various medical procedures and patient care. This market`s outlook is driven by factors such as the growth of the healthcare and medical devices sectors, the adoption of medical supplies for their role in diagnosis, treatment, and patient monitoring, and the demand for high-quality and sterile medical products. Additionally, the rising focus on healthcare infrastructure development and the development of innovative medical supplies are further contributing to market growth. The increasing demand for healthcare services and the emphasis on quality healthcare delivery are expected to drive the demand for medical supplies in the country.
The India medical supplies market is witnessing significant growth as the healthcare and medical industries address the demand for essential supplies and equipment. This market`s outlook is driven by factors such as the increasing demand for medical supplies in hospitals, clinics, and home healthcare settings, the growth of the healthcare and medical devices sectors, and the adoption of supplies for patient care and treatment. Additionally, the development of innovative and cost-effective medical supplies and the rising focus on healthcare infrastructure and preparedness are further contributing to market growth.
The India medical supplies market is witnessing steady growth as the healthcare and medical sectors utilize various supplies for patient care and treatment. This market`s outlook is driven by factors such as the increasing demand for medical supplies in hospitals, clinics, and home care settings, the growth of the healthcare and medical devices industries, and the adoption of supplies for their role in medical procedures and patient monitoring. Additionally, the development of specialized and innovative medical supplies and the rising focus on accessible and affordable healthcare are further contributing to market growth. The COVID-19 pandemic had a profound impact on the market as changes in healthcare practices and infection control influenced supply demand. However, with the resumption of elective medical procedures and increased focus on healthcare accessibility, the market is expected to recover in the post-pandemic period.
The India medical supplies market is witnessing steady growth as the healthcare and medical sectors address the demand for a wide range of medical equipment and consumables. This market`s outlook is driven by factors such as the increasing demand for medical supplies in hospitals, clinics, and healthcare facilities, the growth of the medical devices and healthcare services sectors, and the adoption of supplies for various diagnostic, treatment, and patient care applications. Additionally, the development of innovative and technologically advanced medical supplies and the rising focus on healthcare infrastructure and patient outcomes are further contributing to market growth. Some of the key players in the India medical supplies market include MediTech Solutions, HealthCare Essentials, and SupplyTech Industries.
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 Medical Supplies Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Medical Supplies Market Revenues & Volume, 2021 & 2031F |
3.3 India Medical Supplies Market - Industry Life Cycle |
3.4 India Medical Supplies Market - Porter's Five Forces |
3.5 India Medical Supplies Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Medical Supplies Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Medical Supplies Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Medical Supplies Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing healthcare expenditure in India |
4.2.2 Growing awareness about healthcare and hygiene |
4.2.3 Government initiatives to improve healthcare infrastructure |
4.3 Market Restraints |
4.3.1 Price fluctuations in raw materials |
4.3.2 Lack of stringent regulations leading to quality issues |
4.3.3 Limited access to healthcare in rural areas |
5 India Medical Supplies Market Trends |
6 India Medical Supplies Market, By Types |
6.1 India Medical Supplies Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Medical Supplies Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Medical Supplies Market Revenues & Volume, By Diagnostic Supplies, 2021-2031F |
6.1.4 India Medical Supplies Market Revenues & Volume, By Infusion & Injectable Supplies, 2021-2031F |
6.1.5 India Medical Supplies Market Revenues & Volume, By Intubation & Ventilation Supplies, 2021-2031F |
6.1.6 India Medical Supplies Market Revenues & Volume, By Disinfectants, 2021-2031F |
6.1.7 India Medical Supplies Market Revenues & Volume, By Personal Protective Equipment, 2021-2031F |
6.1.8 India Medical Supplies Market Revenues & Volume, By Sterilization Consumables, 2021-2031F |
6.1.9 India Medical Supplies Market Revenues & Volume, By Dialysis Consumables, 2021-2031F |
6.1.10 India Medical Supplies Market Revenues & Volume, By Dialysis Consumables, 2021-2031F |
6.2 India Medical Supplies Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Medical Supplies Market Revenues & Volume, By Urology, 2021-2031F |
6.2.3 India Medical Supplies Market Revenues & Volume, By Wound Care, 2021-2031F |
6.2.4 India Medical Supplies Market Revenues & Volume, By Radiology, 2021-2031F |
6.2.5 India Medical Supplies Market Revenues & Volume, By Respiratory, 2021-2031F |
6.2.6 India Medical Supplies Market Revenues & Volume, By Infection Control, 2021-2031F |
6.2.7 India Medical Supplies Market Revenues & Volume, By Cardiology, 2021-2031F |
6.2.8 India Medical Supplies Market Revenues & Volume, By Other Applications, 2021-2031F |
6.2.9 India Medical Supplies Market Revenues & Volume, By Other Applications, 2021-2031F |
6.3 India Medical Supplies Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Medical Supplies Market Revenues & Volume, By Hospitals, 2021-2031F |
6.3.3 India Medical Supplies Market Revenues & Volume, By Clinics/Physician Offices, 2021-2031F |
6.3.4 India Medical Supplies Market Revenues & Volume, By Other End Users, 2021-2031F |
7 India Medical Supplies Market Import-Export Trade Statistics |
7.1 India Medical Supplies Market Export to Major Countries |
7.2 India Medical Supplies Market Imports from Major Countries |
8 India Medical Supplies Market Key Performance Indicators |
8.1 Number of healthcare facilities in India |
8.2 Adoption rate of medical technology in healthcare facilities |
8.3 Investment in healthcare infrastructure |
8.4 Percentage of population covered by health insurance |
8.5 Rate of growth in healthcare expenditure per capita |
9 India Medical Supplies Market - Opportunity Assessment |
9.1 India Medical Supplies Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Medical Supplies Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Medical Supplies Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Medical Supplies Market - Competitive Landscape |
10.1 India Medical Supplies Market Revenue Share, By Companies, 2024 |
10.2 India Medical Supplies Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |