by Surgical gloves are essential protective medical devices used during surgical procedures, examinations and obstetric deliveries to avoid cross-contamination between healthcare professionals and patients. They aid in preventing the transmission of diseases and infections. With the growing awareness about the importance of healthcare safety and hygiene standards, demand for surgical gloves is increasing consistently. The Indian healthcare industry has been expanding rapidly over the past few years, supported by rising healthcare expenditure, growing geriatric population and increasing incidence of chronic & lifestyle diseases. As medical procedures become more complex and invasive, concerns regarding patient and staff safety have increased. This has boosted the adoption of latex and nitrile surgical gloves. Additionally, rising surgical volumes driven by increasing road accidents, trauma cases and number of surgeries being performed in India, are augmenting market growth.
The India Surgical Gloves Market is estimated to be valued at US$ 623 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:
One of the key trends prevalent in the India surgical gloves market size is the shift towards nitrile gloves. Traditionally, natural rubber latex surgical gloves were the most commonly used type. However, natural rubber latex can cause allergic reactions in healthcare professionals and patients with latex sensitivity. This prompted the development of latex-free nitrile gloves which offer equal or enhanced protection compared to latex. They provide better elasticity, strength and puncture resistance. With rising awareness of latex allergies, demand for hypoallergenic nitrile gloves has been upsurging in India. Manufacturers are also developing new formulations of nitrile gloves to enhance their strength and comfort. This shift towards nitrile is a major trend that is likely to continue and shape the market dynamics in the coming years.
Porter’s Analysis
Threat of new entrants: Low, due to the presence of established players and requirement of high capital to set up manufacturing units.
Bargaining power of buyers: High, due to the presence of several players providing alternatives.
Bargaining power of suppliers: Moderate, as raw materials can be easily sourced from different locations.
Threat of new substitutes: Low, as surgical gloves are essential for surgeries.
Competitive rivalry: High, owing to the presence of many established players competing on pricing and quality.
Key Takeaways
The India Surgical Gloves Market is expected to witness high growth. The rising cases of Hospital Acquired Infections (HAIs) and increasing surgeries in the country are anticipated to fuel market growth.
Regional analysis comprises- North India accounts for the largest share in the country owing to presence of leading glove manufacturers and major metropolitan cities such as New Delhi and Mumbai with advanced healthcare facilities. The growing medical tourism and increasing awareness about patient safety and healthcare personnel protection also contribute to the market growth.
Key players operating in the India Surgical Gloves Market are Supermax Corporation Berhad, Top Glove Corporation Bhd, Ansell Limited, Kossan Rubber Industries Bhd, Hartalega Holdings Bhd, Rubberex Corporation (M) Berhad, and Dynarex Corporation. Leading players are focusing on capacity expansion and new product launches to strengthen their market position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
