| Product Code: ETC7548825 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s neuromodulation devices import shipments in 2024 continued to see a diverse mix of top exporting countries, with the USA, China, Germany, Ireland, and South Korea leading the way. The low Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 21.38% from 2020 to 2024 highlights the increasing demand for these devices in India. Furthermore, the growth rate of 4.43% from 2023 to 2024 suggests sustained momentum in the import market for neuromodulation devices.

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 Neuromodulation Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Neuromodulation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Neuromodulation Devices Market - Industry Life Cycle |
3.4 India Neuromodulation Devices Market - Porter's Five Forces |
3.5 India Neuromodulation Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Neuromodulation Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Neuromodulation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Neuromodulation Devices Market Revenues & Volume Share, By Biomaterial, 2021 & 2031F |
3.9 India Neuromodulation Devices Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Neuromodulation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of neurological disorders in India |
4.2.2 Growing awareness and acceptance of neuromodulation therapies |
4.2.3 Technological advancements in neuromodulation devices |
4.3 Market Restraints |
4.3.1 High cost associated with neuromodulation devices |
4.3.2 Limited reimbursement policies for neuromodulation procedures in India |
5 India Neuromodulation Devices Market Trends |
6 India Neuromodulation Devices Market, By Types |
6.1 India Neuromodulation Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Neuromodulation Devices Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 India Neuromodulation Devices Market Revenues & Volume, By Spinal Cord Stimulators, 2021- 2031F |
6.1.4 India Neuromodulation Devices Market Revenues & Volume, By Deep Brain Stimulators, 2021- 2031F |
6.1.5 India Neuromodulation Devices Market Revenues & Volume, By Sacral Nerve Stimulators, 2021- 2031F |
6.1.6 India Neuromodulation Devices Market Revenues & Volume, By Vagus Nerve Stimulators, 2021- 2031F |
6.1.7 India Neuromodulation Devices Market Revenues & Volume, By Transcranial Magnetic Stimulators, 2021- 2031F |
6.1.8 India Neuromodulation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Neuromodulation Devices Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Neuromodulation Devices Market Revenues & Volume, By Internal, 2021- 2031F |
6.2.3 India Neuromodulation Devices Market Revenues & Volume, By External, 2021- 2031F |
6.3 India Neuromodulation Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Neuromodulation Devices Market Revenues & Volume, By Parkinsons Disease, 2021- 2031F |
6.3.3 India Neuromodulation Devices Market Revenues & Volume, By Chronic Pain, 2021- 2031F |
6.3.4 India Neuromodulation Devices Market Revenues & Volume, By Migraine, 2021- 2031F |
6.3.5 India Neuromodulation Devices Market Revenues & Volume, By Epilepsy, 2021- 2031F |
6.3.6 India Neuromodulation Devices Market Revenues & Volume, By Tremor, 2021- 2031F |
6.3.7 India Neuromodulation Devices Market Revenues & Volume, By Depression, 2021- 2031F |
6.3.8 India Neuromodulation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 India Neuromodulation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.4 India Neuromodulation Devices Market, By Biomaterial |
6.4.1 Overview and Analysis |
6.4.2 India Neuromodulation Devices Market Revenues & Volume, By Polymeric Biomaterial, 2021- 2031F |
6.4.3 India Neuromodulation Devices Market Revenues & Volume, By Metallic Biomaterial, 2021- 2031F |
6.4.4 India Neuromodulation Devices Market Revenues & Volume, By Ceramic Biomaterial, 2021- 2031F |
6.5 India Neuromodulation Devices Market, By End-use |
6.5.1 Overview and Analysis |
6.5.2 India Neuromodulation Devices Market Revenues & Volume, By Hospitals & Ambulatory Surgery Centers (ASC), 2021- 2031F |
6.5.3 India Neuromodulation Devices Market Revenues & Volume, By Clinics & Physiotherapy Centers, 2021- 2031F |
6.5.4 India Neuromodulation Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 India Neuromodulation Devices Market Import-Export Trade Statistics |
7.1 India Neuromodulation Devices Market Export to Major Countries |
7.2 India Neuromodulation Devices Market Imports from Major Countries |
8 India Neuromodulation Devices Market Key Performance Indicators |
8.1 Number of neurology clinics and hospitals offering neuromodulation therapies |
8.2 Adoption rate of neuromodulation devices by healthcare providers |
8.3 Number of research and development initiatives focusing on neuromodulation technologies |
8.4 Patient satisfaction and improvement in quality of life post neuromodulation therapy |
9 India Neuromodulation Devices Market - Opportunity Assessment |
9.1 India Neuromodulation Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Neuromodulation Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Neuromodulation Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Neuromodulation Devices Market Opportunity Assessment, By Biomaterial, 2021 & 2031F |
9.5 India Neuromodulation Devices Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Neuromodulation Devices Market - Competitive Landscape |
10.1 India Neuromodulation Devices Market Revenue Share, By Companies, 2024 |
10.2 India Neuromodulation Devices 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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