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| India Surgical Gloves Market Size |
As surgical procedures continue to rise in India owing to the growing prevalence of chronic diseases and road accidents, demand for surgical gloves has witnessed a parallel rise. Surgical gloves offer protection against pathogens and infectious materials to surgeons and medical professionals during surgical procedures. Characterized by high strength, comfort, elasticity and dexterity, surgical gloves facilitate smooth operations and prevent cross-contamination. The growing medical infrastructure in India along with increasing healthcare spending is favoring the uptake of sterile surgical gloves in hospitals and clinics.
The global India Surgical Gloves Market is estimated to be valued at US$ 125.67 Mn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing number of hospitals and surgical centers in India is one of the key trends fueling the growth of the surgical gloves market. According to the India Brand Equity Foundation (IBEF), India had 22,784 registered hospitals in 2022. The government's focus on developing healthcare infrastructure through various initiatives such as the National Health Policy 2017 and Ayushman Bharat is promoting hospital establishment across the country. This is anticipated to drive the demand for surgical gloves over the forecast period.
Segment Analysis
The India surgical gloves market is dominated by the powder-free segment.
Powder-free gloves are becoming more popular as they reduce the risk of
infection during surgeries as compared to powdered gloves. The powder particles
in powdered gloves can cause irritation to many healthcare professionals and
also interfere with sterile techniques during surgeries. Hence, the powder-free
segment is expected to witness higher growth over the forecast period.
Key Takeaways
India
Surgical Gloves Market Size is expected to witness high growth over the
forecast period of 2023-2030. The growth is driven by growing number of
surgeries due to increasing incidence of chronic diseases like diabetes, cardiovascular
diseases etc. along with rising healthcare spending in the country.
Regional analysis:
The southern region dominated the India surgical gloves market in 2023 with a
share of over 30%, owing to presence of well-established healthcare facilities
in states like Tamil Nadu and Karnataka. However, the western region is
expected to exhibit highest growth during the forecast period supported by
rising initiatives by governments in states like Maharashtra to enhance
healthcare infrastructure.
Key players:
Key players operating in the India surgical gloves market are Dow, Henkel,
BASF, Nordson, LORD Corporation. Dow is one of the leading players owing to its
wide portfolio of powder-free surgical gloves. Henkel provides both powdered
and powder-free gloves. BASF launched a new non-latex surgical glove range in
India.
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