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title: India Medical Equipment Market Size and Outlook by 2033

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# India Medical Equipment Market Size and Outlook by 2033| Get a Free Sample Report

<p>According to IMARC Group&rsquo;s latest report titled&nbsp;<strong>"India Medical Equipment Market Size, Share, Trends and Forecast by Product Type, Application, End User, and Region, 2025-2033"</strong>, this study offers a granular analysis of the industry's shift towards portable, home-based, and AI-integrated healthcare solutions. The study offers a profound analysis of the industry, encompassing market share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the impact of the National Digital Health Mission, the integration of Artificial Intelligence (AI) and Robotics in diagnostics and surgery, and the rising demand for Point-of-Care (PoC) testing devices.</p>

![Medical Equipment](https://hackmd.io/_uploads/rJ9Nj40Hbe.jpg)


<p><strong>Market At-A-Glance: Key Statistics (2025-2033):</strong></p>
<ul>
<li><strong>Current Market Size (2024):</strong>&nbsp;USD 28.63 Billion</li>
<li><strong>Projected Market Size (2033):</strong>&nbsp;USD 60.38 Billion</li>
<li><strong>Growth Rate (CAGR):</strong>&nbsp;8.65%</li>
<li><strong>Dominant Region:</strong>&nbsp;North India (Implicit from major hospital networks and policy hubs)</li>
</ul>
<p><em>Note: We are in the process of updating our reports to cover the 2026&ndash;2034 forecast period. For the most recent data, market insights, and industry updates, please click on &lsquo;Request Free Sample Report&rsquo;.</em></p>
<p><strong>Request Free Sample Report (Exclusive Offer on Corporate Email):</strong>&nbsp;<a href="https://www.imarcgroup.com/india-medical-equipment-market/requestsample">https://www.imarcgroup.com/india-medical-equipment-market/requestsample</a></p>
<p><strong>India Medical Equipment Market Overview</strong></p>
<p>The&nbsp;<a href="https://www.imarcgroup.com/india-medical-equipment-market">India medical equipment market&nbsp;size </a>reached<strong>&nbsp;USD 28.63 Billion in 2024</strong>. Looking forward, IMARC Group expects the market to reach&nbsp;<strong>USD 60.38 Billion by 2033</strong>, exhibiting a growth rate&nbsp;<strong>(CAGR) of 8.65%</strong>&nbsp;during 2025-2033.</p>
<p>The market is witnessing a structural shift, primarily driven by the rising prevalence of chronic diseases like diabetes and cardiovascular conditions, which is fueling the demand for continuous monitoring and diagnostic devices. The trend towards home healthcare is accelerating, necessitating the adoption of portable, user-friendly equipment such as digital blood pressure monitors and glucose meters. Furthermore, the integration of AI and IoT is transforming medical devices into smart, connected systems that enable remote patient monitoring and predictive analytics, significantly improving patient outcomes and reducing hospital readmissions.</p>
<p><strong>Top Emerging Trends in the India Medical Equipment Market:</strong></p>
<ul>
<li><strong>Home-Based Care:</strong>&nbsp;Surge in demand for portable devices like nebulizers and pulse oximeters, driven by the need for convenient chronic disease management.</li>
<li><strong>AI &amp; Robotics:</strong>&nbsp;Increasing adoption of robotic surgical systems and AI-powered diagnostic tools to enhance precision and reduce human error.</li>
<li><strong>Domestic Manufacturing:</strong>&nbsp;"Make in India" initiatives encouraging global players like Horiba to set up local manufacturing units, reducing import reliance.</li>
<li><strong>Digital Health Integration:</strong>&nbsp;Collaboration between device manufacturers and digital health platforms (e.g., OMRON and AliveCor) to offer comprehensive health management solutions.</li>
</ul>
<p><strong>India Medical Equipment Market Growth Factors (Drivers)</strong></p>
<ul>
<li><strong>Chronic Disease Burden:</strong>&nbsp;High incidence of NCDs (Non-Communicable Diseases) necessitating regular monitoring and early diagnosis.</li>
<li><strong>Government Support:</strong>&nbsp;Initiatives like the&nbsp;<strong>NP-NCD program</strong>&nbsp;and&nbsp;<strong>National Digital Health Mission</strong>&nbsp;creating a conducive ecosystem for advanced medical technology.</li>
<li><strong>Infrastructure Expansion:</strong>&nbsp;Growth of hospitals, clinics, and diagnostic centers in Tier-2 and Tier-3 cities expanding the install base for medical equipment.</li>
<li><strong>Technological Advancements:</strong>&nbsp;Innovation in&nbsp;<strong>wearable medical devices</strong>&nbsp;and&nbsp;<strong>telemedicine</strong>&nbsp;bridging the gap between patients and healthcare providers.</li>
</ul>
<p><strong>Explore the Full Report with Charts, Table of Contents, and List of Figures:</strong>&nbsp;<a href="https://www.imarcgroup.com/india-medical-equipment-market">https://www.imarcgroup.com/india-medical-equipment-market</a></p>
<p><strong>Market Segmentation</strong></p>
<p><strong>Analysis by Product Type:</strong></p>
<ul>
<li>Diagnostic Equipment</li>
<li>Therapeutic Equipment</li>
<li>Patient Monitoring Devices</li>
<li>Surgical Equipment</li>
<li>Home Healthcare Equipment</li>
</ul>
<p><strong>Analysis by Application:</strong></p>
<ul>
<li>Cardiology</li>
<li>Orthopaedics</li>
<li>Neurology</li>
<li>Oncology</li>
<li>Gynaecology</li>
<li>Ophthalmology</li>
<li>Dental</li>
<li>Others</li>
</ul>
<p><strong>Analysis by End User:</strong></p>
<ul>
<li>Hospitals</li>
<li>Ambulatory Surgical Centers</li>
<li>Clinics</li>
<li>Home Healthcare Settings</li>
<li>Diagnostic Laboratories</li>
</ul>
<p><strong>Regional Insights:</strong></p>
<ul>
<li>North India</li>
<li>South India</li>
<li>East India</li>
<li>West India</li>
</ul>
<p><strong>India Medical Equipment Market Recent Developments &amp; News</strong></p>
<ul>
<li><strong>July 2024:</strong>&nbsp;<strong>Horiba India</strong>&nbsp;inaugurated a&nbsp;<strong>INR 200 Crore</strong>&nbsp;manufacturing facility in Nagpur to produce medical equipment for diagnostic labs, aligning with the "Atmanirbhar Bharat" vision.</li>
<li><strong>May 2024:</strong>&nbsp;<strong>OMRON Healthcare India</strong>&nbsp;partnered with&nbsp;<strong>AliveCor</strong>&nbsp;to launch AI-based portable ECG monitoring devices, enhancing cardiac care accessibility.</li>
<li><strong>October 2024:</strong>&nbsp;<strong>Konoike Transport</strong>&nbsp;announced a service for sterilizing used medical equipment, addressing a critical gap in hospital hygiene and resource management.</li>
</ul>
<p><strong>Why Buy This Report? (High-Value Insights)</strong></p>
<ul>
<li><strong>Granular Segmentation:</strong>&nbsp;Detailed analysis of&nbsp;<strong>Diagnostic vs. Therapeutic</strong>&nbsp;equipment trends, helping investors identify high-growth product lines.</li>
<li><strong>Regional Hotspots:</strong>&nbsp;In-depth breakdown of demand in&nbsp;<strong>South India (Medical Tourism Hubs)</strong>&nbsp;vs.&nbsp;<strong>North India</strong>, aiding in targeted distribution strategies.</li>
<li><strong>Future-Ready Trends:</strong>&nbsp;Insights into the adoption of&nbsp;<strong>Robotic Surgery</strong>, highlighting the shift towards minimally invasive procedures.</li>
</ul>
<p><strong>Key Highlights of the Report</strong></p>
<ul>
<li><strong>Market Forecast (2025-2033):</strong>&nbsp;Quantitative data on market value and steady growth.</li>
<li><strong>Competitive Landscape:</strong>&nbsp;Comprehensive analysis of key market players and their strategic partnerships.</li>
<li><strong>Strategic Analysis:</strong>&nbsp;Porter&rsquo;s Five Forces analysis and value chain assessment.</li>
<li><strong>Technological Trends:</strong>&nbsp;Insights into advancements in IoT-enabled patient monitoring.</li>
</ul>

![Image20251124121511](https://hackmd.io/_uploads/rkgTqERSbg.png)


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<p><strong>About Us:</strong></p>
<p>IMARC Group is a global management consulting firm that helps the world&rsquo;s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.</p>
<p>IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.</p>
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