Product Code: ETC10773006 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India peripheral vascular device market is experiencing steady growth due to factors such as increasing prevalence of peripheral vascular diseases, rising geriatric population, and improving healthcare infrastructure. The market is characterized by a wide range of products including stents, angioplasty balloons, atherectomy devices, and others. Key players in the market are focusing on product innovation and strategic collaborations to gain a competitive edge. Government initiatives to improve healthcare access and advancements in technology are also driving market growth. However, challenges such as high cost of devices and lack of skilled healthcare professionals in peripheral vascular interventions may hinder market expansion. Overall, the India peripheral vascular device market is poised for significant growth in the coming years.
The India peripheral vascular device market is experiencing significant growth driven by factors such as the rising prevalence of vascular diseases, increasing geriatric population, and advancements in technology. Endovascular procedures are becoming more popular due to their minimally invasive nature, leading to a higher demand for peripheral vascular devices such as stents, angioplasty balloons, and atherectomy devices. The market is also witnessing a trend towards the development of innovative products that offer improved outcomes and patient comfort. Additionally, government initiatives to improve healthcare infrastructure and increase awareness about vascular diseases are contributing to the market growth. Overall, the India peripheral vascular device market is expected to continue expanding as the healthcare sector focuses on providing better treatment options for patients with vascular conditions.
The India peripheral vascular device market faces several challenges, including limited access to advanced medical technologies in rural areas, inadequate healthcare infrastructure, and a lack of skilled healthcare professionals trained in the use of peripheral vascular devices. Additionally, regulatory hurdles and pricing pressures pose significant obstacles for market players looking to introduce new products or expand their market presence. Competition from local manufacturers offering lower-cost alternatives further complicates the landscape for international companies operating in the market. Addressing these challenges will require collaboration between government agencies, healthcare providers, and industry stakeholders to improve access to technology, enhance infrastructure, and invest in training programs to ensure the effective adoption of peripheral vascular devices in India.
The India peripheral vascular device market offers promising investment opportunities due to increasing prevalence of cardiovascular diseases, growing geriatric population, and improving healthcare infrastructure. Key segments such as stents, angioplasty balloons, catheters, and vascular grafts are expected to witness significant growth. Technological advancements, rising disposable income, and government initiatives to enhance healthcare access further contribute to the market`s attractiveness. Additionally, the shift towards minimally invasive procedures and the rising awareness about the benefits of early detection and treatment of vascular diseases create a favorable environment for investment in this sector. Collaborations with local healthcare providers, strategic partnerships, and product innovation tailored to the Indian market needs are crucial for investors seeking to capitalize on the growth opportunities in the India peripheral vascular device market.
The Indian government has implemented various policies to regulate the peripheral vascular device market. The Medical Device Rules of 2017 require manufacturers to obtain necessary licenses and comply with quality standards set by the Central Drugs Standard Control Organization (CDSCO). The government has also introduced initiatives such as the Make in India campaign to promote domestic manufacturing of medical devices, which has the potential to boost the peripheral vascular device market in the country. Additionally, the government has implemented price control measures for certain medical devices to ensure affordability and accessibility for patients. Overall, these policies aim to regulate the market, ensure quality standards, promote domestic manufacturing, and make healthcare more affordable for the population.
The India peripheral vascular device market is expected to experience significant growth in the coming years due to factors such as the increasing prevalence of cardiovascular diseases, rising geriatric population, and advancements in healthcare infrastructure. Technological advancements in peripheral vascular devices, such as stents, catheters, and balloons, are also driving market growth. Additionally, the growing awareness about minimally invasive procedures and the adoption of these devices by healthcare providers are contributing to market expansion. However, challenges such as the high cost of devices and limited reimbursement policies may hinder market growth to some extent. Overall, the India peripheral vascular device market is poised for substantial growth opportunities with the increasing demand for innovative and effective treatment options for vascular diseases.
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 Peripheral Vascular Device Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Peripheral Vascular Device Market Revenues & Volume, 2021 & 2031F |
3.3 India Peripheral Vascular Device Market - Industry Life Cycle |
3.4 India Peripheral Vascular Device Market - Porter's Five Forces |
3.5 India Peripheral Vascular Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 India Peripheral Vascular Device Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Peripheral Vascular Device Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 India Peripheral Vascular Device Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 India Peripheral Vascular Device Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 India Peripheral Vascular Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in India |
4.2.2 Growing geriatric population requiring peripheral vascular interventions |
4.2.3 Technological advancements in peripheral vascular devices |
4.3 Market Restraints |
4.3.1 High cost associated with peripheral vascular devices |
4.3.2 Lack of skilled healthcare professionals for performing complex vascular procedures in India |
5 India Peripheral Vascular Device Market Trends |
6 India Peripheral Vascular Device Market, By Types |
6.1 India Peripheral Vascular Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 India Peripheral Vascular Device Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 India Peripheral Vascular Device Market Revenues & Volume, By Catheters, 2021 - 2031F |
6.1.4 India Peripheral Vascular Device Market Revenues & Volume, By Stents, 2021 - 2031F |
6.1.5 India Peripheral Vascular Device Market Revenues & Volume, By Guidewires, 2021 - 2031F |
6.1.6 India Peripheral Vascular Device Market Revenues & Volume, By Vascular Closure Devices, 2021 - 2031F |
6.1.7 India Peripheral Vascular Device Market Revenues & Volume, By Atherectomy Devices, 2021 - 2031F |
6.2 India Peripheral Vascular Device Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Peripheral Vascular Device Market Revenues & Volume, By Arterial Thrombosis, 2021 - 2031F |
6.2.3 India Peripheral Vascular Device Market Revenues & Volume, By Chronic Venous Disease, 2021 - 2031F |
6.2.4 India Peripheral Vascular Device Market Revenues & Volume, By Peripheral Artery Disease, 2021 - 2031F |
6.2.5 India Peripheral Vascular Device Market Revenues & Volume, By Hemorrhage Control, 2021 - 2031F |
6.2.6 India Peripheral Vascular Device Market Revenues & Volume, By Plaque Removal, 2021 - 2031F |
6.3 India Peripheral Vascular Device Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Peripheral Vascular Device Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 India Peripheral Vascular Device Market Revenues & Volume, By Specialty Clinics, 2021 - 2031F |
6.3.4 India Peripheral Vascular Device Market Revenues & Volume, By Ambulatory Centers, 2021 - 2031F |
6.3.5 India Peripheral Vascular Device Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
6.3.6 India Peripheral Vascular Device Market Revenues & Volume, By Cardiac Care Units, 2021 - 2031F |
6.4 India Peripheral Vascular Device Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 India Peripheral Vascular Device Market Revenues & Volume, By Polymer-Based, 2021 - 2031F |
6.4.3 India Peripheral Vascular Device Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.4.4 India Peripheral Vascular Device Market Revenues & Volume, By Nitinol, 2021 - 2031F |
6.4.5 India Peripheral Vascular Device Market Revenues & Volume, By Titanium Alloy, 2021 - 2031F |
6.4.6 India Peripheral Vascular Device Market Revenues & Volume, By Biodegradable Polymer, 2021 - 2031F |
6.5 India Peripheral Vascular Device Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 India Peripheral Vascular Device Market Revenues & Volume, By Drug-Coated, 2021 - 2031F |
6.5.3 India Peripheral Vascular Device Market Revenues & Volume, By Bare Metal, 2021 - 2031F |
6.5.4 India Peripheral Vascular Device Market Revenues & Volume, By Hybrid Coated, 2021 - 2031F |
6.5.5 India Peripheral Vascular Device Market Revenues & Volume, By Bioabsorbable, 2021 - 2031F |
6.5.6 India Peripheral Vascular Device Market Revenues & Volume, By Laser-Assisted, 2021 - 2031F |
7 India Peripheral Vascular Device Market Import-Export Trade Statistics |
7.1 India Peripheral Vascular Device Market Export to Major Countries |
7.2 India Peripheral Vascular Device Market Imports from Major Countries |
8 India Peripheral Vascular Device Market Key Performance Indicators |
8.1 Adoption rate of minimally invasive peripheral vascular procedures |
8.2 Number of peripheral vascular device clinical trials conducted in India |
8.3 Investment in research and development of innovative peripheral vascular devices |
9 India Peripheral Vascular Device Market - Opportunity Assessment |
9.1 India Peripheral Vascular Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 India Peripheral Vascular Device Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Peripheral Vascular Device Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 India Peripheral Vascular Device Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 India Peripheral Vascular Device Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 India Peripheral Vascular Device Market - Competitive Landscape |
10.1 India Peripheral Vascular Device Market Revenue Share, By Companies, 2024 |
10.2 India Peripheral Vascular Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |