A Complete Guide to the Medical Device / Equipment Manufacturers in India
India is a fast-growing hub for medical device manufacturing, supported by an efficient service and modern infrastructure. As demand for affordable high-standard healthcare solutions increases, the nation is skewing toward national and global demand through mass manufacturing, exceptional R&D, and stable supply chains of its products.
At the center of this revolution are the Medical Equipment Manufacturers in India that are closing the divide between science and cure and manufacturing a wide range of instruments, such as simple surgical equipment to complex diagnostic machines and life-saving equipment in ICUs. These manufacturers not only serve hospitals and clinics in India but also export to over 150 countries worldwide.
With the help of strong manufacturing facilities, better government policies such as the Production Linked Incentive (PLI) Scheme, and a growing number of investments in the medical device sector, India is experiencing a sharp growth curve. Being highly concentrated on quality control, affordability, and conformance to international standards (such as ISO, CE, and American FDA), Medical Equipment Manufacturers in India are likely to succeed in delivering a transformative influence on the future of healthcare systems around the world.
India’s Leading Hub for Medical Equipment Manufacturing
Market Overview and Growth Drivers
- Current Size & Forecast
The medical devices market in India had a size of approximately US$12B in FY24, it has grown by an average of around 15% CAGR over the past few years, and is likely to reach US$50B by 2030.
- Exports vs Imports
FY24 exports were equivalent to approximately 32,338 crore (approximately US 3.78B), and imports had much higher values (approximately 69,980 crore,) indicating a high reliance on imported medical equipment.
- Government hospitals
- Private clinics
- Diagnostic laboratories
- Wellness centers
- Home healthcare
- International medical consumers
- Segmentation
The industry is mostly segmented into electronic equipment, disposables and consumables, in-vitro diagnostics (IVD), implants, and surgical instruments.
The volume/trade is dominated by electronic equipment and disposables.
- Policy / Incentives
Make in India, Production Linked Incentive (PLI) arrangements, medical device parks, and regulatory reforms are providing increased capacity and compliance locally.
Market Share of Medical Equipment Segments in India (2025 Estimate)
CAGR Growth Trends of Segments in India (2025–2030 Forecast)
Latest Trends in Medical Equipment Manufacturing in India (2025)
The medical equipment manufacturing sector in India is evolving rapidly in 2025, with AI-powered medical devices transforming patient care through smarter diagnostics, predictive analysis, and automated monitoring. Indian medical equipment manufacturers are also seeing a significant increase in exports, supplying high-quality and cost-effective devices to global healthcare markets. Moreover, new government regulations and compliance standards are helping Indian manufacturers align with international quality norms, strengthening India’s position as a trusted hub for medical device manufacturers & exporters. These trends are driving innovation and opening new growth opportunities for leading medical equipment manufacturers in India.
Key Features of Medical Equipment
Categories of Products Offered by Medical Equipment Manufacturers in India
IV Cannula Manufacturer
Surgery Medical Products
Intravenous Infusion Sets
Blood Transfusion Therapy
Infusion Therapy
Gastroenterology
Anasthaesia
Urology
What Sets the Top India Medical Device Manufacturers Apart?
- Competitive cost of production
- FDA, CE, ISO certified, clinical testing
- Strong R & D and product innovation
- Full-scale OEM/ODM manufacture
- Quick delivery and export promotion
- After sales service and training
Support by the Government for the Indian Medical Equipment Industry
Indian government has initiated a number of programs to assist Medical Equipment Manufacturers In India:
- Important Projects:
Production Linked Incentives Scheme (PLI) - 100% FDI in medical equipments
- Medical Devices Parks in 4 states
- Funding of R&D by grants
- Make in India & Atmanirbhar Bharat campaigns
These initiatives are designed to minimize inbound imports, increase self-sufficiency, and make India a medical device manufacturing center of the world.
Recent Trends by Manufacturers of Medical Equipment in India
- Medical devices of AI & IoT
- Portable and Remote Monitoring Platforms
- Wearables & Telehealth Tools
- 3D Prosthetics
- Green & Sustainable Manufacturing
- Cloud integration and Data-driven diagnostics
The Buyer Checklist on How to Select a Reliable Manufacturer?
Before entering into a relationship with any Medical Equipment Manufacturer in India, make sure that it provides:
- Check documents (certifications, ISO, CE, FDA).
- Inventory product specifications.
- Request factory phototours or video tours.
- Check clearing and registration of products in target markets.
- Measure lead times, low order quantity and supply chain strength.
- Make sure of after-sales services and availability of spares.
Why India is the Ideal Destination to Manufacture Medical Equipment
- International standard products at low prices
- Best-in-class manufacturing facilities
- Custom OEM & white-label
- Quality export logistics
- Skilled labour force and engineers
- Highly increasing domestic demand
Are you Ready to connect with Certified Medical Equipment Manufacturers in India?
Contact us today to find out about verified manufacturers with diverse profiles of medical devices. India has a reliable infrastructure and capacity to scale production of medical equipment based on your needs, whether your interests lie in bulk supplies, OEM development or even global distribution.
