| Product Code: ETC7539297 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India cardiovascular devices market import shipments experienced a notable decline with a CAGR of -8.2% from 2020 to 2024. However, there was a positive turnaround in growth rate between 2023 and 2024, showing a recovery trend. The market exhibited a period of slowdown followed by signs of stabilization and recovery towards the end of the period.
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 Cardiovascular Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cardiovascular Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Cardiovascular Devices Market - Industry Life Cycle |
3.4 India Cardiovascular Devices Market - Porter's Five Forces |
3.5 India Cardiovascular Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 India Cardiovascular Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Cardiovascular Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Cardiovascular Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in India |
4.2.2 Growing adoption of advanced medical technologies |
4.2.3 Rising geriatric population in India |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for cardiovascular devices |
4.3.2 High cost associated with cardiovascular devices |
4.3.3 Limited reimbursement policies for cardiovascular procedures in India |
5 India Cardiovascular Devices Market Trends |
6 India Cardiovascular Devices Market, By Types |
6.1 India Cardiovascular Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 India Cardiovascular Devices Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 India Cardiovascular Devices Market Revenues & Volume, By Diagnostic & Monitoring, 2021- 2031F |
6.1.4 India Cardiovascular Devices Market Revenues & Volume, By Surgical Devices, 2021- 2031F |
6.2 India Cardiovascular Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Cardiovascular Devices Market Revenues & Volume, By Cardiac Arrhythmia, 2021- 2031F |
6.2.3 India Cardiovascular Devices Market Revenues & Volume, By Coronary Artery Disease, 2021- 2031F |
6.2.4 India Cardiovascular Devices Market Revenues & Volume, By Heart Failure, 2021- 2031F |
6.2.5 India Cardiovascular Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 India Cardiovascular Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Cardiovascular Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 India Cardiovascular Devices Market Revenues & Volume, By Specialty Clinics, 2021- 2031F |
6.3.4 India Cardiovascular Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 India Cardiovascular Devices Market Import-Export Trade Statistics |
7.1 India Cardiovascular Devices Market Export to Major Countries |
7.2 India Cardiovascular Devices Market Imports from Major Countries |
8 India Cardiovascular Devices Market Key Performance Indicators |
8.1 Average selling price (ASP) of cardiovascular devices in India |
8.2 Number of hospitals and healthcare facilities offering cardiovascular procedures |
8.3 Adoption rate of minimally invasive cardiovascular devices and procedures in India |
8.4 Government initiatives and funding for cardiovascular healthcare programs |
9 India Cardiovascular Devices Market - Opportunity Assessment |
9.1 India Cardiovascular Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 India Cardiovascular Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Cardiovascular Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Cardiovascular Devices Market - Competitive Landscape |
10.1 India Cardiovascular Devices Market Revenue Share, By Companies, 2024 |
10.2 India Cardiovascular 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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