Forecast: Import of Artificial Body Parts, Aids and Appliances to India

The import of artificial body parts, aids, and appliances to India was valued at approximately 160 million USD in 2023. From 2024 to 2028, we anticipate a steady increase, with a compound annual growth rate (CAGR) of about 2.75% over five years. The year-on-year growth rate averages around 3% from 2024 to 2028, illustrating a modest yet stable upward trend driven by increased healthcare demands and technological adoption.

Future trends to monitor include:

  • Advancements in prosthetic technology and materials facilitating more imports.
  • Government policies and healthcare initiatives boosting accessibility to assistive devices.
  • Economic factors influencing import tariffs and trade agreements which could impact import volumes and values.

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