India Heart Valve Devices Market to 2032
Overview
The India Heart Valve Devices Market is expected to reach a 294.58 USD Million by 2032 and is projected to grow at a CAGR of 19.96% from 2025 to 2032.
Revenue, 2024 (USD Million)
97.27
Forecast, 2032 (USD Million)
294.58
CAGR, 2024 - 2032
19.96%
Report Coverage
India
India Heart Valve Devices Market 2018-2032 USD Million
India Heart Valve Devices Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 97.27 USD Million
- Projected Market Size (2032): 294.58 USD Million
- CAGR (2025-2032): 19.96%
Key Findings of India Heart Valve Devices Market
- The India Heart Valve Devices Market was valued at 294.58 USD Million in 2024.
- The India Heart Valve Devices Market is likely to grow at a CAGR of 19.96% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Direct Tender in Distribution Channel Segment accounted for the largest share of the market with a revenue of 72.60 USD Million
- The fastest growing segment Hospital & Clinics in End User Segment grew Fastest with a CAGR of 21.40% during the forecast period from 2024 to 2032.
India Heart Valve Devices Market Scope
India Heart Valve Devices Market Segmentation & Scope
Distribution Channel
- Third Party Distributors
- Direct Tender
End User
- Others
- Research Centers
- Cardiac Centers
- Ambulatory Surgical Centers
- Hospital & Clinics
Treatment
- Open Surgery
- Minimally Invasive Surgery
Product Type
- Transcatheter Valves
- Biological Heart Valves
- Mechanical Heart Valves
India Heart Valve Devices Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 97.27 USD Million |
| Market Value in 2032 | 294.58 USD Million |
| CAGR (2025-2032) | 19.96% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,End User,Treatment,Product Type |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 97.27 USD Million in 2024
- Key Country: India, leading in terms of revenue with value of 97.27 USD Million in 2024.
Segments and Scope
-
India Heart Valve Devices Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in India Heart Valve Devices Market to 2032 with a revenue of 72.60 USD Million in the year 2024.
- Direct Tender is the Fastest growing segment in India Heart Valve Devices Market to 2032 with a Growth rate of 20.47 % in forecast period 2025-2032.
-
India Heart Valve Devices Market to 2032, By End User
- Hospital & Clinics is the largest segment in India Heart Valve Devices Market to 2032 with a revenue of 46.53 USD Million in the year 2024.
- Hospital & Clinics is the Fastest growing segment in India Heart Valve Devices Market to 2032 with a Growth rate of 21.40 % in forecast period 2025-2032.
-
India Heart Valve Devices Market to 2032, By Treatment
- Open Surgery is the largest segment in India Heart Valve Devices Market to 2032 with a revenue of 59.64 USD Million in the year 2024.
- Open Surgery is the Fastest growing segment in India Heart Valve Devices Market to 2032 with a Growth rate of 20.29 % in forecast period 2025-2032.
-
India Heart Valve Devices Market to 2032, By Product Type
- Mechanical Heart Valves is the largest segment in India Heart Valve Devices Market to 2032 with a revenue of 57.33 USD Million in the year 2024.
- Mechanical Heart Valves is the Fastest growing segment in India Heart Valve Devices Market to 2032 with a Growth rate of 20.28 % in forecast period 2025-2032.
India Heart Valve Devices Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| Boston Scientific Corporation or its affiliates | |||
| Abbott | |||
| Edwards Lifesciences Corporation | |||
| Artivion, Inc | |||
India Heart Valve Devices Market Geographical Sales Distribution, 2018-2032 USD Million
India Heart Valve Devices Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
India Heart Valve Devices Market was valued at USD 97.27(Revenue in USD Million) in 2021.
India Heart Valve Devices Market is projected to grow at a CAGR of 19.96% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the India Heart Valve Devices Market, holding a largest market share of 72.60 USD Million in 2024
India Heart Valve Devices Market Scope
India Heart Valve Devices Market Segmentation & Scope
Distribution Channel
- Third Party Distributors
- Direct Tender
End User
- Others
- Research Centers
- Cardiac Centers
- Ambulatory Surgical Centers
- Hospital & Clinics
Treatment
- Open Surgery
- Minimally Invasive Surgery
Product Type
- Transcatheter Valves
- Biological Heart Valves
- Mechanical Heart Valves
Frequently Asked Questions
The India Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
India Heart Valve Devices Market was valued at USD 97.27(Revenue in USD Million) in 2021.
India Heart Valve Devices Market is projected to grow at a CAGR of 19.96% during the forecast period of 2024 to 2032.
The estimated market value of the India Heart Valve Devices Market for final year is USD 294.58 (USD Million).
India Heart Valve Devices Market Company Profiling
Frequently Asked Questions
The India Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
India Heart Valve Devices Market was valued at USD 97.27(Revenue in USD Million) in 2021.
India Heart Valve Devices Market is projected to grow at a CAGR of 19.96% during the forecast period of 2024 to 2032.
The estimated market value of the India Heart Valve Devices Market for final year is USD 294.58 (USD Million).
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