The India minimally invasive surgical devices market is undergoing significant growth, primarily driven by technological advancements, a growing geriatric population, and rising awareness about minimally invasive procedures. Valued at USD 739.95 million in 2023, the market is projected to grow at a CAGR of 6.3% during the forecast period of 2024-2032, reaching approximately USD 1,282.34 million by 2032.

This blog delves into the market size, share, growth factors, key segments, emerging trends, and COVID-19 impact while highlighting key players and addressing FAQs about the industry.

Market Size and Share

The India minimally invasive surgical devices market has witnessed robust growth due to increasing demand for less invasive procedures. This growth is attributed to:

1. Rising Geriatric Population: Older adults often require surgeries for chronic ailments, increasing the demand for minimally invasive devices.
2. Technological Advancements: Improved surgical tools and imaging technologies support safer, more precise procedures.
3. Patient Awareness: Growing awareness of the benefits of minimally invasive surgeries, including reduced hospital stays, faster recovery, and fewer complications, is boosting adoption.

Market Share by Segment

• Devices Type: Endoscopic instruments hold the largest share, with demand driven by gastrointestinal and urological procedures.
• Application: Cardiovascular surgeries dominate the application segment, followed by orthopaedic and gynaecological procedures.
• End User: Hospitals account for the largest market share, while ambulatory surgical centres (ASCs) are gaining traction due to convenience and cost-effectiveness.

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Key Market Segments

1. By Device Type

• Endoscopic Instruments: Widely used for diagnosis and treatment in gastroenterology, urology, and pulmonology.
• Robotic-Assisted Surgery Systems: Growing adoption due to precision and reduced human error.
• Energy-Based Devices: Used in cutting, coagulating, and tissue sealing.

2. By Application

• Cardiovascular Surgery: High prevalence of heart diseases drives this segment.
• Orthopaedic Surgery: Rising cases of arthritis and joint replacements.
• General Surgery: Increasing demand for minimally invasive treatments in hernia and gallstone cases.

3. By End User

• Hospitals: The largest revenue generator, equipped with advanced surgical tools.
• Ambulatory Surgical Centres: Cost-effective and time-saving for patients.
• Specialty Clinics: Offering niche surgical services.

Emerging Trends in the Market

1. Integration of Artificial Intelligence (AI) in Surgery

AI-powered tools are enhancing imaging, pre-surgical planning, and real-time guidance during procedures.

2. Robotic-Assisted Surgeries

The demand for robotic platforms like da Vinci Surgical System is surging, owing to precision and minimally invasive techniques.

3. Focus on Outpatient Procedures

Ambulatory surgical centres are becoming popular as they provide efficient care at lower costs, reducing the burden on hospitals.

4. Rising Adoption of Disposable Instruments

Single-use devices minimise the risk of infections, which is gaining preference among healthcare providers.

Impact of COVID-19 on the Market

The COVID-19 pandemic disrupted the healthcare system, affecting elective surgeries, including minimally invasive procedures. Key impacts include:

• Decline in Elective Procedures: Restrictions and reallocation of resources delayed surgeries.
• Shift to Outpatient Care: Patients preferred outpatient settings to avoid prolonged hospital stays.
• Increased Focus on Safety: Hospitals adopted stringent sterilisation protocols, boosting demand for disposable surgical instruments.

Post-pandemic, the market has rebounded as healthcare services normalise, with a growing emphasis on minimally invasive procedures to manage backlogs of delayed surgeries.

Key Players in the India Minimally Invasive Surgical Devices Market

Several companies are leading the market, focusing on innovation, partnerships, and expansion to strengthen their foothold.

1. Medtronic

• Specialises in robotic-assisted surgery systems and energy-based devices.
• Recent innovations include advanced imaging tools for endoscopy.

2. Johnson & Johnson (Ethicon)

• Offers a wide range of surgical instruments, including staplers and energy devices.
• Actively investing in R&D to improve surgical outcomes.

3. Stryker Corporation

• Known for orthopaedic and cardiovascular surgical devices.
• Strong presence in robotic surgery solutions.

4. Intuitive Surgical

• Pioneer in robotic-assisted surgery with its da Vinci Surgical System.
• Focused on training programmes to enhance surgeon proficiency.

5. Olympus Corporation

• Leader in endoscopic imaging systems for minimally invasive procedures.
• Developing AI-integrated tools for better diagnosis and treatment.

Market Insights and Outlook

Growth Drivers

1. Government Initiatives: Increased funding for healthcare infrastructure is boosting market growth.
2. Medical Tourism: India’s cost-effective healthcare services attract international patients, increasing the demand for minimally invasive procedures.
3. Rising Lifestyle Diseases: Higher prevalence of obesity, diabetes, and cardiovascular conditions drives surgical interventions.

Restraints

1. High Initial Costs: Advanced minimally invasive surgical tools can be expensive for healthcare providers.
2. Skilled Workforce Shortage: Limited availability of trained professionals for handling robotic and advanced surgical systems.

FAQs About the India Minimally Invasive Surgical Devices Market

1. What is the current size of the India minimally invasive surgical devices market?

The market was valued at USD 739.95 million in 2023.

2. What is the growth rate of this market?

The market is expected to grow at a CAGR of 6.3% during the forecast period of 2024-2032.

3. Which segment dominates the market?

Endoscopic instruments dominate the device type segment, while cardiovascular surgeries lead in applications.

4. What is driving the growth of the market?

Key drivers include the rising geriatric population, increasing prevalence of lifestyle diseases, and technological advancements.

5. How did COVID-19 impact the market?

The pandemic delayed elective surgeries, but the market has since rebounded due to the resumption of healthcare services and rising awareness.

6. Which companies are the key players in the market?

Leading companies include Medtronic, Johnson & Johnson (Ethicon), Stryker Corporation, Intuitive Surgical, and Olympus Corporation.