They protect both patients and healthcare workers from infectious microorganisms and other contaminants. Surgical gloves provide protection against biological agents and infection while promoting tactile sensitivity during surgical procedures. With increasing instances of hospital-acquired infections and awareness regarding hygiene and safety standards, the demand for disposable surgical gloves is growing in India's healthcare sector. The India Surgical Gloves Market is estimated to be valued at US$ 170 million in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023-2027, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing number of surgical procedures performed annually is a key trend boosting the India surgical gloves market growth. India's growing population, rising income levels, increased health insurance penetration, and an improving healthcare ecosystem have increased the accessibility of surgical treatments in the country. According to the National Health Profile 2021 report, around 45,000 cancer surgery procedures and over 1 million total surgeries were performed in India in 2018. The rising surgical volume is driving the demand for disposable surgical gloves for effective sterilization and safety of patients and medical workers. With growing public awareness and private investments, the healthcare industry's expansion is likely to continue fueling the sales of surgical gloves over the forecast period.
Segment Analysis
The India surgical gloves market is dominated by the nitrile sub-segment. Nitrile gloves have superior puncture and chemical resistance as compared to natural rubber latex gloves. They do not cause allergic reactions making them a safer alternative for those allergic to latex. Hence, the nitrile sub-segment accounts for over 60% of the India surgical gloves market share.
Key Takeaways
The India surgical gloves market size is expected to witness high growth.
Regional analysis: The southern region of India currently dominates the India surgical gloves market owing to the presence of major hospitals and healthcare infrastructure in cities like Bangalore, Hyderabad and Chennai. However, the western and northern regions are catching up fast on account of growing medical tourism and rising healthcare expenditure in states like Delhi, Maharashtra and Gujarat. Key players related content comprises:
Key players operating in the India surgical gloves market are Top Glove Corporation Bhd, Kossan Rubber Industries Bhd, Semperit AG Holding, Halyard Health, Inc., Sempermed USA, Inc., Kimberly-Clark Corporation.
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