Product Code: ETC368124 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Orthopedic Devices Market could see a tapering of growth rates over 2025 to 2029. Starting high at 16.52% in 2025, the market steadily declines to 6.18% by 2029.
The orthopedic devices market in India was valued at US$ 2,471.4 million in 2018 and is expected to grow at a CAGR of 11.8% over the forecast period. The increasing prevalence of musculoskeletal disorders such as arthritis, fractures, and sports injuries are leading to increased demand for technologically advanced orthopedic implants among patients. Additionally, rising awareness regarding the need for preventive healthcare solutions coupled with improving health infrastructure has further propelled the adoption of orthopedic implants among India population. Moreover, increasing investments by major players operating in this industry for research and development activities along with strategic collaborations have enabled them to introduce innovative products catering to specific needs of patients thereby driving growth within this sector.
The orthopedic devices market in India is witnessing significant growth due to several drivers that have shaped its trajectory. An aging population and the increasing prevalence of orthopedic conditions and injuries have driven the demand for orthopedic devices, including joint implants, trauma fixation devices, and orthobiologics. Additionally, advancements in medical technology and improved healthcare infrastructure have facilitated the adoption of innovative orthopedic solutions, supporting better patient outcomes. The rising awareness of the benefits of orthopedic treatments and the willingness of patients to undergo these procedures have further accelerated the market`s growth.
The orthopedic devices market in India is witnessing significant growth due to an aging population and increasing prevalence of orthopedic disorders. However, the market faces challenges. One of the primary challenges is the cost of orthopedic devices and surgeries, which can be prohibitive for a significant portion of the population, particularly in rural areas and for low-income patients. The lack of insurance coverage for orthopedic procedures further adds to the financial burden for patients. Moreover, the distribution and accessibility of orthopedic devices in remote regions of India can be challenging, hindering timely access to advanced treatment options. To address these challenges, stakeholders in the orthopedic industry need to work on cost-effective solutions and explore partnerships with the government and healthcare organizations to improve access to orthopedic care.
The orthopedic devices market in India faced mixed consequences during the pandemic. While elective surgeries and non-urgent orthopedic procedures were deferred during the initial phases, the demand for trauma fixation devices and implants remained steady due to accidents and emergency cases. As the healthcare system adapted to handle COVID-19 cases and resumed elective surgeries, the orthopedic market experienced a gradual recovery. The market also witnessed an increased focus on patient-specific orthopedic solutions, such as 3D-printed implants, to enhance patient outcomes and reduce hospital stays.
The orthopedic devices market in India is witnessing substantial growth due to factors like an aging population, an increase in orthopedic disorders, and improved healthcare infrastructure. Key players in this market include multinational companies like Johnson & Johnson, Zimmer Biomet, Stryker Corporation, and Smith & Nephew. These companies have a wide portfolio of orthopedic devices, including joint implants, trauma fixation devices, and orthobiologics.