Company lists
The India edition · 2026

Traditional medical devicescompanies in India

Surgical devices, supplies & consumables, diagnostic & lab equipment, orthopedic, dental & eye care, therapeutic & mobility and more: the companies building traditional medical devices in India, with their founders, funding, team size and business models.

523 company profiles263 with reported revenue7 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

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 · 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 · 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 · 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 India, by revenue

Browse traditional medical devices companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 263 traditional medical devices companies in India 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 50

Provider of a range of family healthcare products

Traditional medical devices
₹36,059.18 crFY 2021-22
Not reported
3,774LinkedIn · Jul 2026
60 yr1966
0none in 3 months · last posted Jun 2026

Provider of traditional medical devices

Traditional medical devices
₹870.08 crFY 2022-23
Not reported
3,628-5% 12 mo to Mar 2024recorded Mar 2024
69 yr1957
—No postings tracked

Manufacturers and exporters of medical diagnostic equipment

Traditional medical devices
₹873.71 crFY 2024-25
+3%2024–2025
1,022-56% 12 mo to Jan 2020LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Medical technology company focused on providing innovative medical solutions

Traditional medical devices
₹773.44 crFY 2024-25
+17%2024–2025
539+6% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Manufacturer of blood bags and transfusion devices

Traditional medical devices
₹747.00 crFY 2024-25
+14%2024–2025
846-1% 12 mo to Sep 2024recorded Sep 2024
43 yr1983
0none in 3 months

Manufacturer of surgical & examination gloves

Manufacturing services
₹656.77 crFY 2021-22
Not reported
157LinkedIn · Jul 2026
52 yr1974
—No postings tracked

Manufacturer of disposable electrodes for ECG, TENS, and EMS applications

Traditional medical devices
₹601.50 crFY 2024-25
+13%2024–2025
142LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Manufacturer of medical equipments

Traditional medical devices
₹461.78 crFY 2022-23
Not reported
1,238+10% 12 mo to Sep 2024LinkedIn · Jul 2026
59 yr1967
2postings · last posted Jul 2026

Manufacturer of surgical cotton

Traditional conglomerates
₹371.38 crFY 2023-24
Not reported
30+15% 12 mo to Sep 2024LinkedIn · Jul 2026
87 yr1939
—No postings tracked

Provider of medical devices

Traditional medical devices
₹289.49 crFY 2024-25
+5%2024–2025
118LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Manufacturer & distributor of disposable devices.

Traditional medical devices
₹286.64 crFY 2024-25
+16%2024–2025
195LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Provider of traditional medical devices

Traditional medical devices
₹218.04 crFY 2024-25
+4%2024–2025
107+10% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of medical equipment

Traditional medical devices
₹167.53 crFY 2021-22
+10409%2021–2022
8LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of hearing aids and digital displays

Traditional medical devices
₹186.60 crFY 2024-25
+41%2024–2025
116LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted Jun 2026

Designer and retailer of women's professional and casual clothing

Traditional medical devices
₹178.70 crFY 2024-25
-14%2024–2025
375recorded
17 yr2009
0none in 3 months

Manufacturer of syringes, needles & infusion sets

Medical supplies and consumables
₹177.61 crFY 2024-25
-5%2024–2025
7LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of urine bags, extension tubes, oxygen mask, and IV cannula

Traditional medical devices
₹146.68 crFY 2024-25
+27%2024–2025
979+15% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
0none in 3 months

Provider of infection control & prevention, hand instrument hygiene, and skin protection

Traditional medical devices
₹145.87 crFY 2024-25
+7%2024–2025
141LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Manufacturer and exporter of medical disposables

Traditional medical devices
₹143.67 crFY 2024-25
+4%2024–2025
195-27% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted May 2026

Manufacturer of sterile water

Traditional medical devices
₹142.09 crFY 2024-25
+15%2024–2025
290-16% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Provider of medical devices and equipment for anesthesia, critical care, rehab

Traditional medical devices
₹141.89 crFY 2024-25
+19%2024–2025
—Not available
5 yr2021
0none in 3 months

Manufacturer of modular operation theaters, hospital furniture, and medical equipment

Diversified medical devices
₹139.37 crFY 2024-25
+6%2024–2025
375recorded
23 yr2003
1postings · last posted Aug 2026

Manufacturer of medical equipment including mobile imaging systems, mammography, digital radiography

Traditional medical devices
₹125.60 crFY 2024-25
+11%2024–2025
33LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Manufacturer of disposable medical devices for healthcare professionals

Traditional medical devices
₹122.62 crFY 2024-25
+1%2024–2025
237+5% 12 mo to Mar 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of dialyzer, fistula needle, heparin solution, face masks, sanitizers, catheter & infudion sets

Traditional medical devices
₹111.64 crFY 2024-25
+2%2024–2025
86+6% 12 mo to Sep 2024LinkedIn · Jul 2026
41 yr1985
1postings · last posted Sep 2026
50 of 523 companies shown here · the full list is on Radar
Fliar Radar

Explore all 523 traditional medical devices companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open traditional medical devices in India on Radar
  • Every company, not just 50All 523 traditional medical devices companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore traditional medical devices companies in India by what you are looking for

Browse traditional medical devices companies in India, from surgical instrument makers to diagnostic equipment manufacturers. You can also find medical device startups in India and listed medical device companies.

9 ways to explore traditional medical devices in India

Surgical & specialty medical device makersMedical supplies & consumables manufacturersDiagnostic, imaging & laboratory equipment makersOrthopedic, dental & ophthalmic device companiesTherapeutic devices & mobility aidsMedical device distributors & healthcare service providers

Surgical & specialty medical device makers

Manufacturers of surgical instruments and specialty devices for hospitals and clinics.

  1. HLL Lifecare

    Provider of a range of family healthcare products

    Traditional medical devices
    See in list
  2. HMD Healthcare

    Provider of traditional medical devices

    Traditional medical devices
    See in list
  3. Terumo Penpol

    Manufacturer of blood bags and transfusion devices

    Traditional medical devices
    See in list
  4. Kanam Latex Industries

    Manufacturer of surgical & examination gloves

    Manufacturing services
    See in list
  5. Medico Electrodes International

    Manufacturer of disposable electrodes for ECG, TENS, and EMS applications

    Traditional medical devices
    See in list

Medical supplies & consumables manufacturers

Makers of gloves, syringes, infusion sets and other disposable medical supplies.

  1. Kanam Latex Industries

    Manufacturer of surgical & examination gloves

    Manufacturing services
    See in list
  2. Lifelong Meditech

    Manufacturer of syringes, needles & infusion sets

    Medical supplies and consumables
    See in list
  3. Lenora

    Manufacturer of latex gloves for medical and dental use

    Traditional medical devices
    See in list
  4. RAAJ MEDISAFE INDIA

    Manufacturer of disposable syringes

    Medical supplies and consumables
    See in list
  5. Premium Health Care Disposables

    Provider of sterile surgical drapes made of tissue-poly-tissue

    Medical supplies and consumables
    Website

Diagnostic, imaging & laboratory equipment makers

Manufacturers of x-ray, imaging, diagnostic and laboratory analysis equipment.

  1. AGD Biomedicals

    Automated clinical chemistry analyzers

    Traditional medical devices
    See in list
  2. Neospec Labs

    Manufacturer of medical, and precision & optical instruments

    Traditional medical devices
    Website
  3. Analytical & Medical Technologies

    Manufacturer, supplier, wholesaler, importer & exporter of laser machines and medical equipment

    Traditional life sciences platforms & tools
    Website
  4. Biolinx India

    Manufacturer of biosafety cabinets, freezers, and other medical devices

    Traditional medical devices
    Website
  5. Zovec

    Manufacturer of medical diagnostic devices and homecare products

    Traditional medical devices
    Website

Orthopedic, dental & ophthalmic device companies

Makers of implants, dental equipment and eye care devices.

  1. Suhradam Apex Orthocure

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

    Orthopedics
    Website
  2. FootPro

    Provider of custom-made insoles and footwear for orthopedic and diabetic needs

    Traditional medical devices
    Website
  3. ODS Aligners

    Provider of clear aligner solutions for orthodontic teeth straightening treatments

    Traditional medical devices
    Website
  4. Osteoplast

    Company specializes in developing osteoplasty solutions

    Traditional medical devices
    Website
  5. Illusion Dental Laboratory

    Standalone dental care clinic

    Traditional medical devices
    Website

Therapeutic devices & mobility aids

Companies making therapy equipment, respiratory devices and wheelchairs.

  1. Fititout Solutions

    Manufacturer of wheelchairs

    Traditional medical devices
    Website
  2. Hitechhealthandfitness

    Massage chairs and health equipment for relaxation, fitness, and well-being

    Traditional medical devices
    Website
  3. Maa Healthcare

    Manufacturer of automatic luxury massage chairs and massagers

    Traditional medical devices
    Website
  4. Beyond Touch

    Provider of intimate wellness products including body massagers and vibrators

    Traditional medical devices
    Website
  5. SeedeeWheelchair

    Manufacturer of wheelchair

    Traditional medical devices
    Website
34 companies in India

Medical device distributors & healthcare service providers

Distributors and suppliers of medical equipment to hospitals and healthcare providers.

  1. RD Plast

    Manufacturer of mounting solutions for televisions, speakers, and healthcare equipment

    Medical device distributors
    See in list
  2. Optofine Instruments

    Manufacturer, supplier, and exporter of surgical microscopes and medical equipment

    Traditional medical devices
    Website
  3. Greenwell Healthcare

    Distributor of specialty healthcare products, including sleep apnea and respiratory care devices

    Services for healthcare providers
    Website
  4. Medbionix

    Developer of surgical navigation systems and spine implants for healthcare providers

    Healthcare foundations
    Website
  5. Caremont

    Manufacturer & distributor of medical devices, equipment, and consumables

    Medical device distributors
    Website

Medical device startups in India

Recently founded traditional medical device companies in India.

  1. Helmier

    Provider of medical devices and equipment for anesthesia, critical care, rehab

    Traditional medical devices
    See in list
  2. Royal Sense

    Provider of pharmaceuticals, IVD products, orthotics, medical devices, and sutures

    Traditional medical devices
    See in list
  3. Jadelifesciences

    Provider of construction, maintenance, and refurbishment services

    Traditional medical devices
    Website
  4. Sri Vathsa Medica

    Manufacturer of hospital equipment, anesthesia workstation, and other devices

    Traditional medical devices
    Website
  5. Gannet Surgicals

    Manufacturer of latex surgical and examination gloves for medical professionals

    Traditional medical devices
    Website
59 companies in India

Medical device companies hiring in India

Traditional medical device companies in India with open jobs right now.

  1. HLL Lifecare

    Provider of a range of family healthcare products

    Traditional medical devices
    See in list
  2. BPL Medical Technologies

    Manufacturer of medical equipments

    Traditional medical devices
    See in list
  3. Osel Devices

    Manufacturer of hearing aids and digital displays

    Traditional medical devices
    See in list
  4. Global Medikit

    Manufacturer and exporter of medical disposables

    Traditional medical devices
    See in list
  5. MDD Medical Systems

    Manufacturer of modular operation theaters, hospital furniture, and medical equipment

    Diversified medical devices
    See in list
19 companies in India

Listed medical device companies in India

Publicly listed traditional medical device companies in India.

  1. Osel Devices

    Manufacturer of hearing aids and digital displays

    Traditional medical devices
    See in list
  2. Mohini Health & Hygiene

    Designer and retailer of women's professional and casual clothing

    Traditional medical devices
    See in list
  3. Hemant Surgical Industries

    Manufacturer of dialyzer, fistula needle, heparin solution, face masks, sanitizers, catheter & infudion sets

    Traditional medical devices
    See in list
  4. GKB Ophthalmics

    Manufacturer of ophthalmic lenses for global export

    Traditional medical devices
    See in list
  5. Adeshwar Meditex

    Manufacturer of sterile surgical wound dressing products and medical disposables

    Traditional medical devices
    See in list
13 companies in India
Mobile reach

Top 10 traditional medical devices apps from India

The most-installed Android apps published by traditional medical devices companies headquartered in India — 34K installs between them. 11 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

ECO APP

by AMTZ

Installs3K
Rating—
Last updatedFeb 2026
View on Google Play ↗
ECO APP screenshot 1ECO APP screenshot 2ECO APP screenshot 3ECO APP screenshot 4ECO APP screenshot 5
The business behind the activity

Traditional medical devices financials in India

Revenue, profit and growth from the filed annual accounts of 241 traditional medical devices companies in India for FY24-25 — 272 of the 523 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 31% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹10,964.75 cr

241 companies filing accounts

combined net profit₹829.55 cr

7.6% aggregate margin

are profitable79%

191 of 241 companies

median revenue~₹10.1 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five31%

revenue concentration

Six-year view

Combined revenue of filing companies

₹5,927.99 crFY19-20194 filers
₹6,895.86 crFY20-21205 filers
₹8,914.32 crFY21-22225 filers
₹9,153.78 crFY22-23238 filers
₹10,111.37 crFY23-24242 filers
₹10,964.75 crFY24-25241 filers

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

Like-for-like

The same 221 companies over three years

+19%
FY22-23₹9,067.29 cr₹690.00 cr net
FY23-24₹9,959.79 cr₹730.35 cr net
FY24-25₹10,817.58 cr₹828.17 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 cr4045% profitable
₹1–10 cr7874% profitable
₹10–100 cr9592% profitable
₹100–1,000 cr28100% 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

Shrinking66
0–20%86
20–50%41
50–100%18
Doubled+22

233 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

191profitable
50loss-making
7.6%aggregate margin
2.4%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
Accuster TechnologiesACCUSTER TECHNOLOGIES PRIVATE LIMITED+116%₹15.56 cr
Aprameya EngineeringAPRAMEYA ENGINEERING LIMITED+108%₹136.30 cr
PecthermPEC THERM PRIVATE LIMITED+77%
OxeecoTHE OXYGEN EQUIPMENT & ENGINEERING COMPANY PRIVATE LIMITED+75%
MarkonMARKON LIFECARE PRIVATE LIMITED+56%₹50.23 cr
Safeshield India Rubber ProductsSAFESHIELD INDIA RUBBER PRODUCTS PRIVATE LIMITED+55%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Shah Eye CareSHAH EYE CARE PRIVATE LIMITED
Xcellance Medical TechnologiesXCELLANCE MEDICAL TECHNOLOGIES PRIVATE LIMITED
Mysore WifiltronicsMYSORE WIFILTRONICS PRIVATE LIMITED25.8%
SafeEndo Dental IndiaSAFEENDO DENTAL INDIA PRIVATE LIMITED24.8%₹17.71 cr
MDD Medical SystemsMDD MEDICAL SYSTEMS (INDIA) PRIVATE LIMITED23.8%₹139.37 cr
Alan Electronic SystemsALAN ELECTRONIC SYSTEMS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional medical devices220₹9,418.22 cr~₹10.0 cr80%7.7%
Medical supplies and consumables9₹376.64 cr~₹11.5 cr78%5.1%
Leaders

Largest traditional medical devices companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
AllengersALLENGERS MEDICAL SYSTEMS LIMITED₹871.46 cr₹146.05 cr16.8%+3%
Olympus MedicalOLYMPUS MEDICAL SYSTEMS INDIA PRIVATE LIMITED₹773.44 cr₹91.12 cr11.8%+17%
Terumo PenpolTERUMO PENPOL PRIVATE LIMITED₹747.00 cr₹121.75 cr16.3%+14%
BPL Medical TechnologiesBPL MEDICAL TECHNOLOGIES PRIVATE LIMITED₹515.74 cr₹17.00 lakh0.0%+1%
Kanam Latex IndustriesKANAM LATEX INDUSTRIES PVT LTD₹495.64 cr₹44.54 cr9.0%+10%
Srinivasa MedisalesSRINIVASA MEDISALES PRIVATE LIMITED₹430.47 cr₹12.12 cr
Ramaraju Surgical Cotton MillsTHE RAMARAJU SURGICAL COTTON MILLS LIMITED₹400.86 cr₹6.08 cr1.5%+11%
My HealthSkapeMY HEALTHSKAPE MEDICALS PRIVATE LIMITED₹290.15 cr₹12.69 cr4.4%+6%
BL LifesciencesB L LIFESCIENCES PRIVATE LIMITED₹272.63 cr₹19.86 cr7.3%+16%
FORZA MEDIFORZA MEDI (INDIA) PRIVATE LIMITED₹215.79 cr₹21.42 cr9.9%+4%
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.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full traditional medical devices landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the traditional medical devices landscape of India
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 India 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.

Traditional medical devices funding in India

7 traditional medical devices companies in India have recorded equity funding, US$1.59m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind traditional medical devices companies in India. 210 of 523 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India traditional medical devices companies by sub-sector

The most common specialisations among traditional medical devices companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring traditional medical devices in India and nearby markets.

Coming soon