Domestic technical textiles Industry Segment-wise consumption of ...

The technical textile in the heart valve is knitted polyester fabric called sewing ring which is around
1% by value of the heart valve.
The current and future forecast of heart valves consumption is given below:-
Heart valves
Domestic usage
2007-08 2012-13
Heart-valves (Quantity) 27,200 nos. 67,500 nos.
Heart-valves value Rs 70 crore Rs 175 crore
Fabric Value Rs 0.7 crore Rs 1.75 crore
Source: Industry survey, IMaCS Analysis
The potential market for heart valve industry in 2012-13 is estimated at Rs. 175 crore up from Rs.70
crore in 2007-08 (E). In volume terms, the heart valve industry is expected to grow from 27,100 nos.
in 2007-08 to 67,500 nos. in 2012-13. No inflationary increase has been assumed for the price of these
products as the prices have fallen over the years. The value of technical textile component of heart
valves is expected to increase from Rs 0.7 crore in 2007-08 to Rs 1.75 crore in 2012-13.
Key manufacturers of heart valve
TTK Healthcare in collaboration with Sri Chitra Tirunal is the only domestic manufacturer. TTK
healthcare had annual sales of around 7,500 valves with around 300 as exports in 2007. TTK has
capacity to produce 20,000 heart valves in a year.
Manufacturer Year Product Production Installed
quantity capacity
TTK Healthcare 2007-08 Heart-valves 7,548 nos. 20,000 nos.
Source: Annual report
Imports and Exports of heart valve
The estimated import figures for heart valves are as given below:-
HS Code Description
90181990
90183990
90212900
90213900
Heart Valves
Imports Imports
(Quantity) (Value)
2007-08(E) 2007-08(E)
Around 20,000
nos.
Rs 53 crore
Source: IBIS, IMaCS Analysis