India Surgical Gloves Market, by Type (Latex, Neoprene, Polyisoprene and Nitrile), by Usage (Disposable Gloves and Reusable Gloves), and by End User (Hospitals, Clinics, Ambulatory Surgical Center and Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Sep 2022

Code : CMI5260

Pages :124

Formats :

Excel and PDF

Industry : Medical Devices

India Surgical Gloves MarketSize and Trends

India surgical gloves market is estimated to be valued at US$ 116.9 million in 2022 and is expected to exhibit a CAGR of 7.5% during the forecast period (2022-2030).

Figure 1.India Surgical Gloves Market Share (%) in Terms of Value, By Usage, 2022

Increase in number of healthcare facilities is expected to drive the market growth during the forecast period.

Increase in number of healthcare facilities is expected to drive the market growth during the forecast period. For instance, in April 2022, Paras Hospitals, a chain of hospitals known for providing specialized tertiary medical care facilities across different parts of India, had slated a significant investment to the tune of around Rs.750 crore (US$ 9.6 Million) for further expanding its operations into smaller towns and cities as the third wave of Covid-19 pandemic receded.

India Surgical Gloves Market– Impact of Coronavirus (COVID-19) Pandemic

The abrupt COVID-19 pandemic outbreak in the nation originally had a detrimental effect on market for medical gloves in India. There has been an increase in demand for medical gloves among both the general public and healthcare professionals as a result of the current COVID-19 scenario and the health hazards it entails.

As a result of a massive demand and supply mismatch caused by frontline healthcare workers' overwhelming desire for gloves, medical-grade gloves were severely in short supply in healthcare facilities. However, as they increased production capabilities to meet the rising demand for medical gloves on the domestic market, the manufacturers swiftly emerged from this depression.

Market- Trends

Increasing number of surgical procedures is expected to drive the market growth during the forecast period.For instance, according to data published in Springer Nature, a German-British academic publishing company, in September 2020, a total of 3,646 surgeries were estimated annually to meet the surgical needs of Indian population as compared to the global estimate of 5,000 surgeries per 100,000 people. Caesarean section, cataract, surgeries for fractures, and hernia were the major contributors to the surgical needs.