The medical devices industry in India consists of large multinationals as well as small and medium enterprises (SMEs) growing at an unprecedented scale. There are over 750 domestic Medical Devices manufacturers in India. India’s medical devices market stood at US$ 11 billion in 2020 and is expected to reach US$ 65 billion in 2024. The export scenario looks equally promising, which was standing at Rs. 14,802 crore (US$2.1 billion) in 2019 and is expected to increase at a CAGR of 29.7% to reach Rs. 70,490 crore (US$10 billion) in 2025. Companies in the field must make constant research and development investments to produce the innovations that drive market success and keep the statistics soaring. However, a sneak into the past will reveal, how the industry grew to being self-dependent. After India’s Independence, the Indian surgical instruments Industry was in a nascent stage starting off. India’s demand for surgical instruments was mostly fulfilled through imports and was therefore expensive. With his experience in surgical instruments, Mr. Theodore George saw immense potential in this market. The huge demand from surgeons to supply quality surgical instruments at affordable prices was a promising industry to venture into.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Medical Implant Manufacturers - 2021" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Ankit Ravani
CEO, Apex Mediequip
Manufacturer of Lumbar, Anterior Cervical plating, Lumbar cages, peek cages, cervical cages and more
Jitendra Hegde
Managing Director, Biorad Medisys
Offers a complete range of disposables in endourology, gastroenterology, interventional radiology, cardiology and gynaecology and vascular access segment
Samuel Williams George
Director Allen Daniel George, Vice President, Gesco Healthcare
Manufacturer of implants,instruments, pharma, natural remedies and biologics
Vikram Pratap Gadh
Director, Kamal Encon Industries
Manufacturer of implants like Cardiac Stent, Dental Implant, Prosthetics, Surgical Kit and Graft Material
Parveen Narang
President, Narang Medical Limited
Manufacturer and exporter of Orthopedic Implants and Instruments
HemkumarShansinhji
Founder, RCH Orthopaedics
Product offerings are Hip, elbow and shoulder implants like cemented stems, cemented long stems, fixed bipolar, prosthesis and more
Navin Rajpal
COO, Relisys Medical Devices
Manufacturers of complete range of DES, bare metal stents, a complete balloon catheter range and also exporter of stents in the B2B segment
Shagun Kazania
Executive Producer, Shagun Cares
Offered products are Arthroscopy, Fracture care, locking plates, Tumor prosthesis, hip replacement and more
Sanjay Dharmadhikari
Managing Director, Universal Orthosystems
Manufactures a range of products involving Spine Products, Trauma products, Conventional products and Arthroscope
Manjeet Kochhar
CEO, XLO
Products offered are XL-Innovation Orthopaedic Implants, Spinal Implants, Traumatology, Hip Arthoplasty Shoulder Arthoplasty, Elbow Arthoplast
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