India Urology Device Market Size (2024 - 2029)

India Urology Device Market Analysis

The India Urology Device Market size is estimated at USD 355.13 million in 2024, and is expected to reach USD 599.81 million by 2029, growing at a CAGR of 9.03% during the forecast period (2024-2029).

The healthcare system witnessed enormous challenges due to the COVID-19 pandemic. All outpatient treatments were postponed or restricted during the COVID-19 pandemic to reduce the risk of viral transmission, as most chronic therapies were regarded as non-urgent. The restrictions imposed by the lockdown in India caused an increase in demand and a slow supply of raw materials for medical device manufacturing, significantly impacting the growth of the urology devices market in India.

According to the article published in the Archives of Surgery and Clinical Research journal in June 2021, the pandemic significantly impacted urology practice in India, causing different challenges for the urologists working during the pandemic. Additionally, a study published by the National Center for Biotechnology Information (NCBI) in July 2021 stated that during the COVID-19 lockdown, the number of urology patients admitted indoors dropped by 93.86% in Mumbai. Stone disease, hematuria, and malignancy accounted for 53.65%, 15.85%, and 9.75% of indoor admissions. The drop in stone disease patients during the pandemic led to decreased adoption of stone management devices, significantly impacting market growth in the country.

Therefore, looking at the overall scenario, it was observed that the COVID-19 pandemic had a significant impact on the market studied. However, currently, the market has reached its pre-pandemic nature in terms of the demand for urology products and is expected to witness healthy growth during the forecast period. The factors responsible for the high growth in India's urology device market are the rising burden of urological diseases, surging government initiatives to promote medical device adoption and production, and technological advancements in urology devices.

The high prevalence of various urinary tract disorders in the country is one of the major factors responsible for high market growth. For instance, as per the article published by The National Medical Journal of India in October 2022, the prevalence of urinary stones was around 4% to 15% among the general population in the country. Thus, India's rising number of urological diseases also adds to the studied market's growth.

Furthermore, as per an article published by NCBI in December 2021, India was one of the most populous countries and had many people affected by urology diseases. The article indicated that India was one of the three nations that had the highest incidences of urinary tract infections, urolithiasis, and benign prostatic hyperplasia. The high number of urological diseases in India, requiring the need for novel urological devices, is likely to add to the growth of the market in India in the forecast period.

The government of India has laid several guidelines to restrict the harmful impacts of urological diseases in the nation. An article published by the Indian Journal of Urology in July 2021 discussed the Urological Society of India's benign prostatic hyperplasia/obstruction ((BPH//BPO) guidelines. The guidelines focused on advocating the use of surgical treatment, including laser devices such as green light LASER and Thulium LASER. Such guidelines by the government on the use of urological treatment devices are expected to propel the growth of the urology device market during the forecast period.

The product innovation by several key players in India is also adding to the market growth. For instance, in June 2022, Austrak, an India-based company, launched its new super specialty division to focus on around 73 valued products in nephrology and urology. The company focuses on the supply of products and services that help diagnose and treat critical illnesses like chronic kidney disease (CKD) and urology-related ailments. Such activities focusing on expanding the urology department in the healthcare sector in India, thereby increasing the demand for urological devices, are promoting market growth in the region.

However, the high cost of devices coupled with the lack of adequate infrastructure and logistics are likely to restrict the market's growth over the forecast period.

India Urology Device Industry Segmentation

As per the scope of this report, urology devices are medical devices that are used in the diagnosis and treatment of various disorders associated with the urinary tract systems. 

India's urology device market is segmented by product type (stone management devices, benign prostate hyperplasia, and erectile dysfunction, and urinary incontinence devices) and end-user (government hospitals and private hospitals).

 The report offers values (in USD) for the above segments.