India’s Medical Device Market Poised for Significant Growth by 2033

India’s medical device market is set to expand from USD 6.82 billion in 2025 to approximately USD 12.57 billion by 2034, reflecting a compound annual growth rate (CAGR) of 7.00%. This growth is driven by increased healthcare investment, government support, and technological advancements, leading to the adoption of advanced medical products across the country.