India Orthopedic Devices Market, By Product Type (Joint Reconstruction, Spinal Devices, Orthopedic Braces and Supports, Trauma Fixation, Orthopedic Accessories, Orthopedic Prosthetics), By Application (Hip Replacement, Knee Replacement, Spine Injuries, Shoulder Replacement, Others), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Others), By Region, Forecast & Opportunities, FY2026

The India Orthopedic Devices Market was valued at around USD 1540.41 million in FY2020 and is expected to grow at CAGR of 7.71% during the forecast period. The India Orthopedic Devices Market is driven by increasing rate of geriatric population and rising prevalence of diseases such as diabetes, obesity, osteoarthritis, and osteoporosis. Furthermore, rise in the road accidents is also expected to drive the market for India Orthopedic Devices during the forecast years. Additionally, increase in health care expenditure is further anticipated to propel the market through FY2026.

Orthopedic Devices are designed to avoid, or handle problems associated with musculoskeleton that are available with hospitals, orthopedic clinics and ambulatory surgical centers provided by various Orthopedic devices manufacturing companies. orthopedic devices include joint reconstruction devices, Orthopedic braces and supports, trauma fixation devices, spinal devices, orthopedic prosthetics and orthopedic accessories.

The India Orthopedic Devices Market can be segmented based on product type, application, end-user, company, and region. Based on product type, the market can be fragmented into joint reconstruction, Orthopedic braces and supports, trauma fixation, spinal devices, Orthopedic prosthetics, and Orthopedic accessories. The joint reconstruction product segment is expected to dominate the market during forecast period, owing to the significant increase in the prevalence of geriatric population. Additionally, the rising cases of diseases such as diabetes, obesity, osteoarthritis, and osteoporosis are further driving the growth of this segment across the country. Based on application, the market can be categorized into knee replacement, spine injuries, hip replacement, shoulder replacement and others (including anthroscopy and implants). In By application segment, knee replacement is expected to hold a significant market share over the next five years. This can be accredited to the increasing rate of geriatric population.
Among all the regions, South India is expected to dominate the market through FY2026. This can be attributed to the increasing health awareness among the population.

Major players operating in the India Orthopedic Devices Market include Stryker India Pvt. Ltd., Zimmer India Pvt. Ltd., Smith & Nephew Healthcare Pvt. Ltd., India Medtronic Pvt. Ltd., Globus Medical Pvt. Ltd., Auxein Medical Pvt. Ltd., Smit Medimed Pvt. Ltd., GPC Medical Ltd., Femur Medical Pvt. Ltd., and TriMed Solutions (India) Pvt. Ltd.
Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022FY2026
Objective of the Study:
oTo analyze and forecast the market size of India Orthopedic Devices Market.
oTo classify and forecast India Orthopedic Devices Market based on product type, application, end-user, and regional distribution.
oTo identify drivers and challenges for India Orthopedic Devices Market.
oTo examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in India Orthopedic Devices Market.
oTo conduct pricing analysis for India Orthopedic Devices Market.
oTo identify and analyze the profiles of leading players operating in India Orthopedic Devices Market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of major orthopedic devices players and hospital chains operating across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research.
TechSci Research calculated the market size of India Orthopedic Devices Market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
Hospitals, orthopedic clinics, ambulatory surgical centers, and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances related to orthopedic devices
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospitals, diagnostic laboratories, and partners, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India Orthopedic Devices Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
o Market, by Product Type:
oJoint Reconstruction
oSpinal Devices
oOrthopedic Braces and Supports
oTrauma Fixation
oOrthopedic Accessories
oOrthopedic Prosthetics
oMarket, By Application:
oHip replacement
oKnee replacement
oSpine Injuries
oShoulder Replacement
oOthers (Includes Anthroscopy and Implants)
oMarket, By End-User:
oHospitals
oOrthopedic Clinics
oAmbulatory Surgical Centers
oOthers (Includes Diagnostic Laboratories and Home care settings)
oMarket, By Region:
oNorth
oSouth
oEast
oWest
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a companys specific needs. The following customization options are available for the report:
Company Information
oDetailed analysis and profiling of additional market players (up to five).
1.Product of Interest Introduction: Orthopedic Devices Market
2.Research Methodology
3.Impact of COVID-19 on India Orthopedic Devices Market
4.Executive Summary
5.Voice of Customers/Customer Insights
6.India Orthopedic Devices Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Product Type (Joint Reconstruction, Spinal Devices, Orthopedic Braces and Supports, Trauma Fixation, Orthopedic Accessories, Orthopedic Prosthetics)
6.2.2.By Application (Hip Replacement, Knee Replacement, Spine Injuries, Shoulder Replacement, Others)
6.2.3.By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Others)
6.2.4. By Region (North, South, East, West)
6.2.5. By Company
6.3.Product Market Map
7.India Joint Reconstruction Devices Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Product Type (Hip Replacement, Knee Replacement, Elbow and Shoulder Replacement, Others)
7.2.2.By End User
8.India Spinal Devices Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Product Type (Spinal Fusion, Spinal Non-Fusion)
8.2.2.By End User
9.India Orthopedic Braces and Supports Devices Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Product Type (Lower Extremity and Upper Extremity)
9.2.2.By End User
10.India Trauma Fixation Devices Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Product Type (Metal Plates and Screw, Pins/wires, Nails and Rods, Others)
10.2.2.By End User
11.India Orthopedic Accessories Market Outlook
11.1.Market Size & Forecast
11.1.1.By Value
11.2.Market Share & Forecast
11.2.1.By Product Type (Bone Cement, Casting System, Removal System)
11.2.2.By End User
12.India Orthopedic Prosthetics Market Outlook
12.1.Market Size & Forecast
12.1.1.By Value
12.2.Market Share & Forecast
12.2.1.By Product Type (Lower Extremity and Upper Extremity)
12.2.2.By End User
13.Market Dynamics
13.1.Drivers
13.2.Challenges
14.Market Trends & Developments
15.Policy & Regulatory Landscape
16.India Economic Profile
17.Competitive Landscape
17.1.Company Profiles
17.1.1.Globus Medical (P) Ltd.
17.1.2.Auxein Medical Pvt. Ltd.
17.1.3.Smit Medimed Pvt. Ltd.
17.1.4.GPC Medical Ltd.
17.1.5.Femur Medical Pvt. Ltd.
17.1.6.Stryker India Pvt. Ltd.
17.1.7.India Medtronic Pvt. Ltd.
17.1.8.Zimmer India Pvt. Ltd.
17.1.9.Smith & Nephew Healthcare Pvt. Ltd.
17.1.10.TriMed Solutions (India) Pvt. Ltd.
18.Strategic Recommendations
19.About Us & Disclaimer

List Of Figures

Figure 1: India Orthopedic Devices Market Size, By Value (USD Million), FY2016-FY2026
Figure 2: India Orthopedic Devices Market Size, By Product Type, By Value, FY2016-FY2026
Figure 3: India Orthopedic Devices Market Size, By Application, By Value, FY2016-FY2026
Figure 4: India Orthopedic Devices Market Size, By End User, By Value, FY2016-FY2026
Figure 5: India Orthopedic Devices Market Size, By Region, By Value, FY2016-FY2026
Figure 6: India Orthopedic Devices Market Size, By Company, By Value, FY2016-FY2026
Figure 7: India Joint Reconstruction Devices Market Size, By Value (USD Million), FY2016-FY2026
Figure 8: India Joint Reconstruction Devices Market Size, By Product Type, By Value, FY2016-FY2026
Figure 9: India Joint Reconstruction Devices Market Size, By End User, By Value, FY2016-FY2026
Figure 10: India Orthopedic Braces and Supports Devices Market Size, By Value (USD Million), FY2016-FY2026
Figure 11: India Orthopedic Braces and Supports Devices Market Size, By Product type, By Value, FY2016-FY2026
Figure 12: India Orthopedic Braces and Supports Devices Market Size, By End User, By Value, FY2016-FY2026
Figure 13: India Trauma Fixation Devices Market Size, By Value (USD Million), FY2016-FY2026
Figure 14: India Trauma Fixation Devices Market Size, By Product type, By Value, FY2016-FY2026
Figure 15: India Trauma Fixation Devices Market Size, By End User, By Value, FY2016-FY2026
Figure 16: India Spinal Devices Market Size, By Value (USD Million), FY2016-FY2026
Figure 17: India Spinal Devices Market Size, By Product type, By Value, FY2016-FY2026
Figure 18: India Spinal Devices Market Size, By End User, By Value, FY2016-FY2026

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