Surgical gloves are essential medical devices used during surgical procedures to avoid cross-contamination between healthcare personnel and patients. They provide an effective barrier against various infectious agents. The growing healthcare sector in India on account of increasing investments in medical infrastructure and rising healthcare awareness has augmented the demand for surgical gloves in hospitals and clinics. The India Surgical Gloves Market is estimated to be valued at US$ 598 million in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing healthcare sector in India has been a major driver for the surgical gloves market in the country. There has been significant investments by both public and private players to enhance healthcare infrastructure in India. The Indian government has undertaken several initiatives like Ayushman Bharat and expansion of health and wellness centers to increase access to primary healthcare in rural areas. This has positively impacted the demand for disposable medical devices like surgical gloves from hospitals and clinics. Furthermore, rising awareness about importance of infection control and hygiene during surgical procedures has augmented the adoption of surgical gloves by medical professionals in India.
SWOT Analysis
Strength: Surgical gloves provide protection to medical professionals against infections and contamination during surgical procedures. Demand for disposable surgical gloves is increasing owing to stringent regulations regarding use of sterile gloves in healthcare facilities.
Weakness: Heavy reliance on imports of natural rubber from a few countries for manufacturing surgical gloves. Fluctuations in raw material prices can impact the costs of glove manufacturers.
Opportunity: Growing medical tourism and rising healthcare expenditure in India is facilitating infrastructural investments into hospitals and clinics. This will augment the demand for disposable medical supplies including surgical gloves.
Threats: Increased penetration of reusable and powder-free surgical gloves can hamper the sales of conventional powdered gloves. Certain environmental groups are advocating restrictions on disposable plastic products.
Key Takeaways
The India surgical gloves market size is expected to witness moderate growth over the forecast period.
North India accounts for the bulk of surgical gloves demand currently due to concentration of large healthcare facilities in states like Delhi, Uttar Pradesh and Haryana. However, southern states like Karnataka, Tamil Nadu and Andhra Pradesh are emerging rapidly owing to expansions in their hospital infrastructure and medical tourism promotion initiatives of respective state governments.
Key players operating in the India surgical gloves market are Ansell Healthcare, Top Glove Corporation Bhd, Supermax Corporation Berhad, Kimberly Clark Corporation and Kossan Rubber Industries. Ansell Healthcare commands a major share with its surgitekk and epiflex brands. Top Glove Corporation, a Malaysian manufacturer has also been aggressively expanding its presence in India. Growing awareness about health and safety is prompting more healthcare providers to opt for reusable and powder-free gloves manufactured using new polymer compositions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it