What moves on this corridor.
India exports → EU
EUR 450M annually — disposable syringes and needles (India #1 globally, 85% EU market share in some categories), surgical gloves, surgical sutures, wound care products, orthopaedic implants, diagnostic reagents and kits, blood collection tubes, IV cannulas, catheters, examination gloves, hospital furniture
Top India states: Himachal Pradesh (Baddi — largest India pharma and device cluster; syringes, IV fluids), Haryana (Faridabad — surgical instruments), Maharashtra (Mumbai/Pune — diagnostics, orthopaedics), Tamil Nadu (Chennai — hospital equipment, gloves), Rajasthan (Jaipur — Jaipur Foot, orthopaedic prosthetics)
EU exports → India
EUR 950M annually — high-tech diagnostic equipment (CT, MRI, PET — Siemens Healthineers, Philips Healthcare, GE Healthcare EU); surgical robotics (Intuitive Surgical, CMR Surgical); orthopaedic implants (Stryker, DePuy Synthes, Zimmer Biomet EU); cardiovascular devices (Medtronic EU, Boston Scientific); ophthalmic devices (Alcon, Carl Zeiss Meditec)
Top EU buyers: Germany (Fresenius — dialysis, IV solutions; Paul Hartmann — wound care; B.Braun — infusion), France (Sartorius — bioprocessing; bioMérieux — IVD), Netherlands (Philips Healthcare HQ), Sweden (Getinge — sterilisation, surgical; Arjo — patient handling), Italy (Euromed, regional hospital procurement)
Growth rate
+15% CAGR India medical device exports (2019–2024) · Disposables fastest-growing EU export · In-vitro diagnostics +22% CAGR · Digital health devices (wearables, monitoring) +35% CAGR
FTA duty impact
Most EU medical device imports face 0% EU MFN duty already (WHO Pharmaceutical Tariff Elimination Agreement covers many devices). Key changes: surgical instruments (HS 9018): 1.7% → 0% (Day 1 FTA). Hospital furniture (HS 9402): 3.7% → 0% (Year 3). Orthopaedic implants (HS 9021): 0% (MFN already 0%). The real barrier is EU MDR certification — not tariffs.