Medical Equipment HSN Code: How to Export Using Medical Equipment Import Export Data

Introduction 

The global medical equipment market is developing at an unprecedented pace, as India has a medical device market of about 12 billion dollars in FY of 2023-24. There exist outstanding opportunities that exporters, manufacturers and traders can utilize to expand their international market share since healthcare demands are on the rise all around the world. 

However, ensuring proper HSN codes and understanding global import export data remains complicated for many companies.  As an exporter or manufacturer contemplating international growth, an understanding of these areas for consideration in determining the success of your exports is paramount.  

Let's get to know the Medical Equipment HSN Code, its importance, and medical equipment import export data to make your export business successful with Cybex Exim Solutions. 

  

Importance of HSN codes 

HSN codes serve far beyond mere regulatory compliance requirements. They function as strategic tools that directly influence market access, duty structures, and export incentives across international markets. 

Incorrect HSN classification can result in several costly consequences: 

• Elevated import duties in destination countries 
• Forfeiture of valuable export benefits and incentives 
• Significant customs clearance delays 
• Missed opportunities in lucrative markets 

  

HSN Codes for Medical Equipment 

Primary Medical Equipment HSN Classifications 

HSN Code	Product Description
9018	Medical, surgical, dental instruments
9019	Physiotherapy equipment
9021	Orthopedic appliances
9022	X-ray, radiation apparatus
9025	Measuring instruments
9027	Analysis instruments

 

Detailed HSN 9018 Sub-Classifications 

HSN 9018 represents the largest medical equipment export category, with specific sub-codes offering targeted opportunities: 

• 90189010: Blood-pressure measuring instruments (home healthcare boom driving 12% annual growth) 
• 90189020: Endoscopes (minimally invasive surgery trend, $850M global market) 
• 90189030: Renal dialysis equipment (aging population creating steady 8% demand growth) 
• 90189040: Diathermic apparatus (therapeutic equipment, emerging markets expansion) 
• 90189050: Transfusion and infusion apparatus (hospital infrastructure growth, 6% CAGR) 
• 90189060: Anesthetic apparatus (surgical procedure increases enabling premium pricing) 
• 90189084: Other medical instruments (catch-all category for innovative devices) 

Top Export Destinations for Indian Medical Equipment (2024-2025) 

• United States 
• Netherlands 
• Germany 
• Brazil 
• United Kingdom 
• China 
• United Arab Emirates 

  

How to Use Medical Equipment Import Export Data for a Successful Export  

Building a profitable medical equipment export business requires systematic data analysis rather than guesswork. Here's the proven step-by-step approach: 

Step 1: Market Opportunity Analysis  

Use global import export data to identify countries showing 15%+ growth in medical equipment imports. Focus on markets importing your specific HSN codes (9018, 9019, 9021) with consistent volume increases over 6-12 months. 

Step 2: Competitive Gap Identification 

Analyze HS Code-9018 import export data to identify product categories with high demand and little-to-no supplier competition. You want to find markets where the top 3 suppliers respectively hold less than 60% share of the market. 

Step 3: Buyer Targeting Strategy  

Identify high-volume importers from trade data analysis. Look for companies importing 50 or more shipments annually, that have indicated upward consistent growth trends and multi-company suppliers in their documentation (indicating "willingness to partner"). 

Step 4: Pricing Intelligence Development  

Develop your pricing intelligence using global import pricing data and pricing in each of your target markets. Expect a different pricing strategy for countries that accept 20-40% price premiums (Germany, US, UK), versus price-competitive markets (Southeast Asia, Africa). 

Step 5: Market Entry Execution  

Use data to contact verified buyers, exhibit in relevant trade shows in high opportunity markets and monitor competitor movements to gain a strategic advantage. 

Step 6: Performance Monitoring  

Compare their export performance with prediction of data, alter their strategies as per performance outcomes and keep updating market information regularly to ensure their further growth. 

How Cybex Exim Solutions Accelerates Your Export Success 

Export success in medical equipment demands more than quality products, it requires precise market intelligence that transforms opportunities into profitable revenue streams.  

Cybex.in can help exporters by providing real-time medical equipment import export data that reveals which markets are expanding, which competitors are vulnerable, and which pricing strategies maximize margins.  

Cybex Exim Solutions stands out as India's premier provider of comprehensive Exim data solutions. The platform specializes in delivering actionable global import export data insights that help businesses navigate complex medical equipment trade environments. 

  

Conclusion 

The medical device export industry has exciting possibilities for Indian companies, with the market expected to rise from $12 billion to $50 billion by 2030. This is a 317% growth rate that you won't see generated by many industries. The probability of success in this context is informed by the quality of information an exporter can access, as well as their market intelligence.  

Having access to accurate medical equipment import export data can help businesses to get insight into current market trends and demands, and export successfully. 

Visit Cybex.in today and connect with our team. 

  

FAQs 

Q1. What products are included in medical equipment HSN Code 9018 classification? 

HSN 9018 covers medical, surgical, dental, and veterinary instruments including endoscopes, dialysis equipment, blood-pressure devices, and anesthetic equipment. 

Q2. Which countries offer the best opportunities for Indian medical equipment exports in 2024-2025? 

Russia (33% market share), United States (16%), and Netherlands (14%) lead current exports. Germany, Japan, and Southeast Asian markets show 15-25% annual growth potential. 

Q3. How do medical equipment import export data insights improve export profitability? 

Data-driven strategies enable 18-32% margin improvements, 40-60% faster market entry, and 25-45% export volume increases within 12 months. 

Q4. What government support is available for Indian medical equipment exporters? 

PLI schemes offer 4-7% turnover incentives, zero GST on exports, duty drawback facilities, and subsidized medical device parks for manufacturers. 

Q5. How does Cybex Exim Solutions differ from other trade data providers for medical equipment exports? 

Cybex provides real-time HS Code-9018 analytics, verified buyer databases, competitive intelligence, and regulatory compliance tracking specifically for medical equipment exporters.