Company lists
The Gujarat edition · 2026

Traditional medical devicescompanies in Gujarat

Orthopedic implants, surgical devices, medical supplies, dental & eye care, diagnostics & equipment and more: the companies building traditional medical devices in Gujarat, with their founders, funding, team size and business models.

82 company profiles32 with reported revenue0 with recorded fundingOctober 2026 edition

Recent traditional medical devices business events in India

Funding, M&A, contract wins and launches involving 630 traditional medical devices companies in India, last 24 months: 10 M&A deals · 3 launches · 1 Contract · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Singularity Equity Fund 1 acquires Hemant Surgical Industries

Ace investor Madhusudan Kela has acquired a 5% stake in Hemant Surgical Industries, with the company allotting 6,49,600 equity shares to Singularity Equity Fund 1 — the fund through…

Medical consumables and surgical products
Launch

Bpl medical technologies

During the conference, the company unveiled a suite of next-generation imaging and digital health solutions through expert‑led launch sessions conducted alongside BPL’s leadership.

Imaging, Digital Health
LaunchBPL Cortex

Bpl medical technologies

Further expanding its AI portfolio, BPL Medical Technologies unveiled BPL Cortex, an AI-powered radiology platform designed to enhance clinical decision-making, streamline workflows, and…

AI-powered radiology platform
M&AAcquisition · Announced

Healthium medtech acquires Paramount Surgimed

Healthium Medtech, a global medtech company with a growing portfolio across surgical, post-surgical, advanced wound care, arthroscopy and infection prevention, announced that it has…

Medtech
LaunchPhilips 5G smartphone

Osel devices

Osel has stepped beyond feature phones and unveiled a fresh lineup of two Philips 5G smartphone models, each offered in three variants. These new devices pack specifications like 6 and…

Smartphone
ContractService

Sathlokhar Synergys E&C Global Ltd · client: Helmier Private Limited

The company received a domestic civil works order worth Rs. 24.06 crore (including GST) from Helmier Private Limited, a medical disposables and equipment startup focused on anaesthesia,…

Infrastructure
M&AAcquisition · Completed

Sudarshan Pharma acquires Ishwari Healthcare

Sudarshan Pharma has informed exchanges that it has acquired 2,09,100 equity shares of Ishwari Healthcare of Rs 10 each (51 per cent of paid up equity share capital) at a revised…

Healthcare
M&AAcquisition · Announced

Hemant Surgical Industries acquires Solar Opto-Medic Private Limited

According to the latest regulatory filings with the BSE, Hemant Surgical Industries Limited has entered into a Share Purchase Agreement (SPA) for the acquisition of 100 percent equity…

Health Care, Treatment and Diagnosis
M&AAcquisition · Completed

Celltech acquires Cistron

Celltech Group plc has made its third acquisition in 10 months, buying Cistron Biotechnology Inc., of Pine Brook, N.J., for US$18 million in stock.

Biotechnology
M&AAcquisition · Completed

Elekta acquires IMPAC Medical Systems

Elekta (Stockholm, Sweden) reported completing its acquisition of Impac Medical Systems (Mountain View, California), following approval of the transaction by Impac stockholders early…

Oncology software
M&AAcquisition · Pending

Elekta acquires Cms

Elekta (Stockholm, Sweden), a provider of clinical solutions for radiation therapy and radiosurgery, said it has agreed to acquire CMS (St. Louis) for about $75 million in Cash.

M&AAcquisition · Announced

Na acquires Cistron

Plans put in place last May to sell Cistron Biotechnology Inc. may finally be realized as the Pine Brook, N.J.-based company said it signed a letter of intent with a major…

Biotechnology
M&AAcquisition

Tpg acquires Healthium medtech

Others include a $200-million investment in Fractal Analytics and the $350-million acquisition of Healthium Medtech from TPG and other shareholders.

FundingAcquisition

Healthium medtech

$840 million acquisition of the Bengaluru-based medical devices maker Healthium Medtech by KKR

Investors Kkr
Medical devices
M&AAcquisition · Announced

Sudarshan Pharma acquires Ishwari Healthcare

…approved to acquire 2,09,100 equity shares of Rs10 each of Ishwari Healthcare Private Limited equivalent to 51 per cent of the paid up equity share capital of the company and enter into…

Medical and surgical instruments

Traditional medical devices companies in Gujarat, by revenue

Browse traditional medical devices companies in Gujarat by reported revenue, one-year revenue growth, revenue model, age and stage. The 32 companies below are the largest by their most recent reported revenue among 32 traditional medical devices companies in Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 32

Company engaged in R&D, manufacturing, marketing, sales & service of medical diagnostic devices

Traditional medical devices
₹91.02 crFY 2021-22
Not reported
179LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Manufacturer of head caps

Traditional medical devices
₹72.60 crFY 2022-23
Not reported
42+3% 12 mo to Sep 2024LinkedIn · Oct 2026
12 yr2014
—No postings tracked

Manufacturer of orthopaedic implants and instruments

Traditional medical devices
₹73.10 crFY 2024-25
+35%2024–2025
62+62% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of wheelchair

Traditional medical devices
₹50.23 crFY 2024-25
+56%2024–2025
—Not available
6 yr2020
0none in 3 months · last posted Mar 2026

Manufacturer of orthopedic implants

Traditional medical devices
₹48.24 crFY 2024-25
+2%2024–2025
64-6% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Manufacturer of oncology, urology, and other medical devices

Traditional medical devices
₹29.40 crFY 2024-25
+18%2024–2025
15LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jul 2026

Manufacturing company that specializes in providing high-quality electrosurgical instruments

Traditional medical devices
₹20.57 crFY 2021-22
Not reported
39-11% 12 mo to Sep 2024recorded Sep 2024
23 yr2003
0none in 3 months · last posted Feb 2025

Manufacturer of orthopedic implants and instruments

Traditional medical devices
₹19.51 crFY 2021-22
Not reported
56LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Manufacturer of home healthcare products for pain management, pain relief, and muscle wellness

Traditional medical devices
₹21.09 crFY 2024-25
+5%2024–2025
27LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer and exporter of orthopaedic implant, maxillofacial, and instrument solutions

Traditional medical devices
₹20.95 crFY 2024-25
+37%2024–2025
46+12% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Manufacturer of orthopedic implants, locking plates, and bone screws

Traditional medical devices
₹20.75 crFY 2024-25
+8%2024–2025
16LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of medical apparel

Traditional medical devices
₹17.72 crFY 2022-23
-15%2022–2023
26LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer and importer of dental material and dental equipment

Traditional medical devices
₹17.71 crFY 2024-25
+32%2024–2025
—Not available
7 yr2019
0none in 3 months

Supplier of precision optics products, including IR optics, opto-mechanics, and more

Traditional medical devices
₹12.94 crFY 2022-23
-26%2022–2023
—Not available
15 yr2011
0none in 3 months

Medical device manufacturer that produces a range of products, including infusion therapy devices, IV flow regulators, and blood administration sets

Traditional medical devices
₹12.93 crFY 2024-25
-34%2024–2025
40-51% 12 mo to Mar 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Medical equipment manufacturer and supplier of critical care solutions

Traditional medical devices
₹10.39 crFY 2024-25
+36%2024–2025
7LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Manufacturer of ophthalmic equipment, blades, knives, and IOLs

Traditional medical devices
₹10.02 crFY 2024-25
+46%2024–2025
—Not available
19 yr2007
0none in 3 months

Manufacturer of orthopedic implants, including trauma, spine, and variable trauma solutions

Orthopedics
₹7.14 crFY 2024-25
+174%2024–2025
22LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer of IV infusion sets, catheter, surgical gown, and crepe bandages

Traditional medical devices
₹6.02 crFY 2024-25
-10%2024–2025
13-52% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Manufacturer of snow removal and spreading equipment

Traditional medical devices
₹5.77 crFY 2024-25
-33%2024–2025
—Not available
12 yr2014
0none in 3 months

Manufacturer of disposable surgical drapes and healthcare products

Traditional medical devices
₹5.11 crFY 2024-25
+164%2024–2025
8LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jul 2025

Manufacturer of cranial plates, orbital implants, and orthopedic equipment

3d printing and 3d scanning services
₹4.77 crFY 2024-25
+58%2024–2025
81LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer of surgical and ICU equipment, specializing in endoscope cameras and medical monitors

Traditional medical devices
₹4.33 crFY 2024-25
-20%2024–2025
—Not available
14 yr2012
0none in 3 months

Manufacturer of hydraulic actuators and pumps for medical furniture applications

Traditional medical devices
₹3.47 crFY 2024-25
+8%2024–2025
1+6% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer and supplier of medical dental equipment

Traditional medical devices
₹3.02 crFY 2024-25
-61%2024–2025
2LinkedIn · Jul 2026
17 yr2009
0none in 3 months
32 of 82 companies shown here · the full list is on Radar
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Explore all 82 traditional medical devices companies in Gujarat on Radar

This page shows the top 32. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 82 traditional medical devices companies in Gujarat, filterable by stage, funding, team size, revenue model and age.
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Explore traditional medical devices companies in Gujarat by what you are looking for

Browse traditional medical devices companies in Gujarat, from orthopaedic implant makers to surgical and dental equipment suppliers. Find examples of conventional medical devices and medical supplies made in Gujarat.

7 ways to explore traditional medical devices in Gujarat

Orthopedic implant & instrument manufacturersSurgical & specialty medical device makersMedical supplies & disposable consumablesDental & eye care equipment makersDiagnostic, imaging & hospital equipmentMedical devices startups in Gujarat

Orthopedic implant & instrument manufacturers

Makers of trauma, spine and joint implants and related instruments.

  1. Avante Medical Solutions

    Manufacturer and exporter of orthopaedic implant, maxillofacial, and instrument solutions

    Traditional medical devices
    See in list
  2. Suhradam Apex Orthocure

    Manufacturer of orthopedic implants, including trauma, spine, and variable trauma solutions

    Orthopedics
    See in list
  3. Jajal Medical Services

    Manufacturer of cranial plates, orbital implants, and orthopedic equipment

    3d printing and 3d scanning services
    See in list
  4. Miraclus

    Manufacturer of orthopaedic implants and instruments

    Traditional medical devices
    See in list
  5. Innovative Ortho Surgicals

    Manufacturer of orthopedic implants, locking plates, and bone screws

    Traditional medical devices
    See in list

Surgical & specialty medical device makers

Companies making surgical, specialty and therapeutic devices.

  1. Vector

    Company engaged in R&D, manufacturing, marketing, sales & service of medical diagnostic devices

    Traditional medical devices
    See in list
  2. Medicap

    Manufacturer of head caps

    Traditional medical devices
    See in list
  3. Markon

    Manufacturer of wheelchair

    Traditional medical devices
    See in list
  4. MEDITECH DEVICES

    Manufacturer of oncology, urology, and other medical devices

    Traditional medical devices
    See in list
  5. Aprameya Engineering

    Manufacturing company that specializes in providing high-quality electrosurgical instruments

    Traditional medical devices
    See in list

Medical supplies & disposable consumables

Suppliers of disposables, medical textiles and everyday consumables.

  1. Devparv Surgico

    A range of medical consumables

    Medical supplies and consumables
    Website
  2. Jk Medirise

    Manufacturer of disposable medical products

    Traditional medical devices
    Website
  3. BESAFE

    Medical Textiles

    Medical supplies and consumables
    Website
  4. Electrogenics Innovations

    Manufacturer of medical devices

    Traditional medical devices
    See in list

Dental & eye care equipment makers

Manufacturers of dental materials, chairs and ophthalmic devices.

  1. SafeEndo Dental India

    Manufacturer and importer of dental material and dental equipment

    Traditional medical devices
    See in list
  2. Micromed International

    Manufacturer of ophthalmic equipment, blades, knives, and IOLs

    Traditional medical devices
    See in list
  3. Dentact

    Manufacturer of dental materials and products for clinics and laboratories

    Traditional medical devices
    See in list
  4. Care Group India

    Care Group manufactures and markets intraocular lenses and ophthalmic surgical products.

    Traditional medical devices
    Website
  5. Axion Meditech

    Medical device company that specializes in designing and manufacturing intraocular lenses, viscoelastic solutions, and other ophthalmic products for the medical industry

    Traditional medical devices
    Website

Diagnostic, imaging & hospital equipment

Makers of diagnostic tests, imaging systems and clinical equipment.

  1. HG wellness

    Developer of vein detection tool for healthcare professionals

    Healthcare it
    Website
  2. Erweka

    Manufacturer of pharmaceutical and analytical equipment for laboratory testing purposes

    Traditional life sciences platforms & tools
    Website
  3. PMT

    Manufacturer of medical furniture and equipment, specializing in operation theatre room furniture and supplies, catering to the healthcare industry

    Traditional medical devices
    Website
  4. Aprameya Engineering

    Manufacturing company that specializes in providing high-quality electrosurgical instruments

    Traditional medical devices
    See in list
  5. Electrogenics Innovations

    Manufacturer of medical devices

    Traditional medical devices
    See in list

Medical devices startups in Gujarat

Newer medical device makers founded in the last few years.

  1. Avan Meditech

    Manufacturer of oxygen concentrators and other medical devices

    Traditional medical devices
    See in list
  2. Eyevis

    Manufacturer of ophthalmic diagnostic and surgical instruments

    Traditional medical devices
    Website
  3. Pedo Crown

    Provider of pediatric dental crowns

    Traditional medical devices
    Website
  4. Walkinstabilitychamber

    Manufacturer of stability chambers and pharmaceutical laboratory equipment in India

    Traditional medical devices
    Website
  5. Pfizer

    Manufacturer of digital health tracker

    Traditional medical devices
    Website
8 companies in Gujarat

Medical devices companies hiring in Gujarat

Medical device companies in Gujarat currently recruiting.

  1. Markon

    Manufacturer of wheelchair

    Traditional medical devices
    See in list
  2. MEDITECH DEVICES

    Manufacturer of oncology, urology, and other medical devices

    Traditional medical devices
    See in list
  3. Aprameya Engineering

    Manufacturing company that specializes in providing high-quality electrosurgical instruments

    Traditional medical devices
    See in list
  4. Cortex

    Manufacturer of disposable surgical drapes and healthcare products

    Traditional medical devices
    See in list
  5. Pfizer

    Manufacturer of digital health tracker

    Traditional medical devices
    Website
5 companies in Gujarat
The business behind the activity

Traditional medical devices financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 29 traditional medical devices companies in Gujarat for FY24-25 — 32 of the 82 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 68% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹607.39 cr

29 companies filing accounts

combined net profit₹53.37 cr

8.8% aggregate margin

are profitable83%

24 of 29 companies

median revenue~₹6.4 cr

the typical company

median revenue growth+33%

into FY24-25

earned by the top five68%

revenue concentration

Six-year view

Combined revenue of filing companies

₹206.74 crFY19-2020 filers
₹253.04 crFY20-2124 filers
₹300.25 crFY21-2226 filers
₹415.48 crFY22-2327 filers
₹461.31 crFY23-2429 filers
₹607.39 crFY24-2529 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 24 companies over three years

+52%
FY22-23₹384.67 cr₹15.03 cr net
FY23-24₹443.72 cr₹20.62 cr net
FY24-25₹583.74 cr₹53.47 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr450% profitable
₹1–10 cr1283% profitable
₹10–100 cr1191% profitable
₹100–1,000 cr2100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking6
0–20%6
20–50%7
50–100%5
Doubled+4

28 companies with accounts for both years; median growth +33%.

Profitability

Profit is concentrated at the top

24profitable
5loss-making
8.8%aggregate margin
3.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Aprameya EngineeringAPRAMEYA ENGINEERING LIMITED+108%₹136.30 cr
MarkonMARKON LIFECARE PRIVATE LIMITED+56%₹50.23 cr
Micromed InternationalNEU MICROMED INTERNATIONAL PRIVATE LIMITED+46%₹10.02 cr
Avante Medical SolutionsAVANTE MEDICAL SOLUTIONS PRIVATE LIMITED+37%₹20.95 cr
Life Line BizLIFE LINE BIZ PRIVATE LIMITED+36%₹10.39 cr
MiraclusMIRACLUS ORTHOTECH PRIVATE LIMITED+35%₹73.10 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SafeEndo Dental IndiaSAFEENDO DENTAL INDIA PRIVATE LIMITED24.8%₹17.71 cr
Avante Medical SolutionsAVANTE MEDICAL SOLUTIONS PRIVATE LIMITED19.4%₹20.95 cr
MarkonMARKON LIFECARE PRIVATE LIMITED13.6%₹50.23 cr
Smit MediMedSMIT MEDIMED PRIVATE LIMITED12.8%₹48.24 cr
Aprameya EngineeringAPRAMEYA ENGINEERING LIMITED11.8%₹136.30 cr
Camex WellnessCAMEX WELLNESS LIMITED10.8%₹21.09 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional medical devices27₹595.79 cr~₹6.4 cr85%9.6%
Leaders

Largest traditional medical devices companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Aprameya EngineeringAPRAMEYA ENGINEERING LIMITED₹136.30 cr₹16.12 cr11.8%+108%
VectorVECTOR BIOTEK PRIVATE LIMITED₹105.13 cr₹10.40 cr9.9%+15%
MiraclusMIRACLUS ORTHOTECH PRIVATE LIMITED₹73.10 cr₹5.85 cr8.0%+35%
MarkonMARKON LIFECARE PRIVATE LIMITED₹50.23 cr₹6.81 cr13.6%+56%
Smit MediMedSMIT MEDIMED PRIVATE LIMITED₹48.24 cr₹6.18 cr12.8%+2%
MEDITECH DEVICESMEDITECH DEVICES PRIVATE LIMITED₹29.40 cr₹37.15 lakh1.3%+18%
Camex WellnessCAMEX WELLNESS LIMITED₹21.09 cr₹2.29 cr10.8%+5%
Avante Medical SolutionsAVANTE MEDICAL SOLUTIONS PRIVATE LIMITED₹20.95 cr₹4.06 cr19.4%+37%
Innovative Ortho SurgicalsINNOVATIVE ORTHO-SURGICALS PRIVATE LIMITED₹20.75 cr₹1.51 cr7.3%+8%
SafeEndo Dental IndiaSAFEENDO DENTAL INDIA PRIVATE LIMITED₹17.71 cr₹4.39 cr24.8%+32%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Traditional medical devices funding and M&A across India

19 recorded equity rounds have gone to 630 traditional medical devices companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months2

US$246k

raised over five yearsUS$1.32m

10 rounds in India

M&A deals, India10

last 24 months

Capital by year

Equity funding into traditional medical devices in India

amount rounds
$53k20181
$107k20193
$020201
$209k20212
$24k20221
$61k20231
$793k20245
$229k20251

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$793k across 5 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$421k2 rounds · median US$421k
SeedUS$894k8 rounds · median US$81k
Where the money went · five years

Most-funded sub-sectors

Traditional medical devicesUS$1.32m10 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

10Acquisition

Most active acquirers

  1. Sudarshan Pharma2
  2. Elekta2
  3. Singularity Equity Fund 11
  4. Healthium medtech1
  5. Hemant Surgical Industries1

Most acquired or merged

  1. Ishwari Healthcare2
  2. Cistron2
  3. Hemant Surgical Industries1
  4. Paramount Surgimed1
  5. Solar Opto-Medic Private Limited1

Each deal appears in the events strip at the top of the page.

Founders and momentum in Gujarat

Meet the people behind traditional medical devices companies in Gujarat. 28 of 82 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring traditional medical devices in India and nearby markets.

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