India's Surgical Market Grows with Robotic Surgeries & Medical Tourism

According to a new report ‘Indian Surgical Landscape and Surgical Consumables Market’ by 1Lattice indicates that India’s healthcare sector is undergoing a significant transformation, as its surgical environment is rapidly changing due to a growing demand for affordable and high-quality procedures. The nation conducts approximately 3 crore surgeries each year, with General Surgery and Obstetrics and Gynaecology being the leading fields.The report emphasizes important trends, such as the increasing use of robotic-assisted surgeries (RAS), the movement toward minimally invasive methods, and the growth of healthcare services into Tier II and beyond. These advancements, along with the rise in medical tourism and improvements in surgical consumables, are anticipated to propel further expansion in India’s surgical market.

India performs more than 3 crore surgeries each year, with around 82 percent of these operations taking place in small and medium-sized hospitals. The Indian surgical market is estimated to be around USD 55 billion, with ongoing growth driven by medical innovations and enhanced access to healthcare. The utilization of robotic-assisted surgery is increasing at a compound annual growth rate of 18 percent, and the RAS market is expected to hit USD 680 million by FY29. The surgical implants and disposables market is projected to expand at a CAGR of 9.6 percent, aiming for INR 88,700 crore by 2030, with wound management becoming the segment with the highest growth. Even with its rapid expansion, the industry confronts obstacles like pricing pressures, regulatory intricacies, and an uneven distribution of specialized surgeons, especially in rural locations.