India HPB Surgical Devices Market to Grow with a CAGR of 5.18% through 2029

Rise in the incidence of urological surgery conditions and rising ageing population is expected to drive the India HPB Surgical Devices Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “India HPB Surgical Devices Market - By Region, Competition, Forecast & Opportunities, 2029F”, the India HPB Surgical Devices Market stood at USD 5,550.21 Million in 2023 and is anticipated to grow with a CAGR of 5.18% through 2029. The primary drivers include the increasing prevalence of liver, gall bladder, and pancreatic diseases, and the growing geriatric population susceptible to these conditions.

Advancements in surgical technologies, the rise in healthcare expenditure, and increased awareness about early disease detection and diagnosis are further encouraging the market growth. The trend towards minimally invasive surgical procedures, which offer quicker recovery times and lower complication rates, also plays a significant role in the market expansion.

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The India HPB (Hepato-Pancreato-Biliary) Surgical Devices market is a burgeoning segment in the country's healthcare sector. This growth can be primarily attributed to the escalating incidence of hepato-pancreato-biliary diseases, such as liver cirrhosis, gallstones, pancreatitis, and HPB cancers. These conditions have driven the demand for specialized surgical devices in this domain. A significant propelling factor behind this growth is technological development. The advent of minimally invasive techniques, such as laparoscopic instruments, energy devices, robot-assisted surgical systems, and ultrasound aspirators, has revolutionized HPB surgeries. These techniques offer numerous benefits, including lesser complications, quicker recovery, and reduced hospital stays. Additionally, the integration of 3D imaging technology has further enhanced surgical precision, making these devices indispensable tools in the field.

Another key factor contributing to the growth of the market is the government's investment in healthcare infrastructure and its focus on medical tourism. The establishment of specialized HPB surgical centers, along with the training of surgeons and investments in high-tech medical devices, has substantially improved surgical outcomes. This has attracted foreign patients seeking affordable and quality HPB care, thus fueling market growth.

However, the market also faces challenges. The high cost of surgical devices and procedures can be a barrier for a large segment of the population. Additionally, the technical proficiency required to operate advanced devices necessitates professional training, which may not be readily accessible to all.

Nevertheless, despite these hurdles, the India HPB Surgical Devices market shows promising potential. As technology continues to evolve and healthcare accessibility improves, this market is likely to witness significant growth. The myriad opportunities and ongoing advancements make this an exciting and promising area for healthcare providers, medical device manufacturers, and investors alike.

The India HPB Surgical Devices Market is segmented into product, indication, end user, regional distribution, and company.

Based on product, Endoscopes are currently dominating the HPB (Hepato Pancreato Biliary) surgical devices market in India, and for good reason. Their minimally invasive nature, coupled with advancements in technology, has revolutionized the field. These cutting-edge devices empower surgeons to perform complex HPB surgeries with unparalleled precision, resulting in reduced complications and faster recovery times for patients.

Moreover, the increasing awareness about the multitude of benefits offered by minimally invasive surgeries has fueled the demand for endoscopes in HPB surgeries. Patients are now more informed and are actively seeking out hospitals and surgeons who specialize in this advanced technique. Fortunately, India boasts a growing pool of highly skilled endoscopic surgeons, further bolstering the adoption of endoscopes in HPB surgeries across the country. With their remarkable capabilities and the continuous advancements in this field, endoscopes are poised to continue their dominance in the Indian HPB surgeries market, ensuring improved outcomes and a brighter future for patients in need of these intricate procedures.

Based on region, The India HPB (Hepato-Pancreato-Biliary) Surgical Devices Market is predominantly dominated by North India, and this can be attributed to a multitude of factors. The region boasts a significant number of large, technologically advanced hospitals and medical facilities that have garnered a reputation for excellence, attracting patients not only from across the country but also from beyond its borders. These healthcare institutions are equipped with state-of-the-art infrastructure and cutting-edge medical technologies, enabling them to provide top-notch healthcare services in the field of HPB surgeries. The high population density in North India plays a crucial role in driving the demand for HPB surgeries and consequently, the market for surgical devices. With a larger patient pool, there is a greater need for advanced surgical interventions, contributing to the growth of the market. The region's bustling cities and urban centers are home to millions of individuals who may require HPB surgeries due to various health conditions.

Furthermore, the presence of highly skilled surgeons and specialists in North India adds to the region's dominance in the market. These medical professionals possess extensive expertise and experience in performing HPB surgeries, instilling confidence in patients and attracting them to seek treatment in this region. The robust healthcare infrastructure in North India further facilitates the use of advanced surgical devices, as these devices are readily available and integrated into the healthcare system. North India's dominance in the India HPB Surgeries Surgical Devices Market can be attributed to a combination of factors, including the presence of technologically advanced healthcare facilities, a high population density, and a pool of skilled surgeons and specialists. These factors, along with robust healthcare infrastructure, contribute to the growth and success of the market in this region.

Major companies operating in India HPB Surgeries Surgical Devices Market are:

• Abbott Healthcare Pvt Ltd.
• Johnson & Johnson Ltd
• B. Braun India
• Boston Scientific India Private Limited
• Cardinal Health International India Pvt Ltd
• Conmed Devices Pvt Ltd.
• Cook India Medical Devices Pvt. Ltd
• ORIGIO India Pvt Ltd (CooperSurgical, Inc.)
• India Medtronic Pvt. Ltd.
• Stryker (India) Private Ltd

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“The future scenario of India's Hepato-Pancreato-Biliary (HPB) Surgical Devices Market could be shaped by several factors. The market is likely to experience significant growth due to the increasing incidence of liver, pancreatic, and biliary tract diseases in the country. Coupled with the increasing adoption of minimally invasive surgical procedures, the demand for related surgical devices is expected to rise. Moreover, technological advancements in HPB surgical devices, such as the development of robotic surgical systems, could further propel market growth.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“India HPB Surgical Devices Market By Product (Endoscope, Electrosurgery, Hand Instruments, Access Instrument, Surgical Stapling Devices, Energy/Vessel Sealing Devices, Fluid Management System, Robotic Surgical System, Stents, Accessories), By Indication (Liver Cancer, Pancreatic Cancer, Gallstones, Bile Duct cancer, Pancreatitis, Others), By End User (Hospitals & Clinics, Ambulatory Surgery Centres, Others), By Region, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of India HPB Surgeries Surgical Devices Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India HPB Surgeries Surgical Devices Market.

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