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India Disposable Medical Gloves Market Size Assessment, Key Factors And Challenges By 2031

06-27-2023 11:44 AM CET | IT, New Media & Software

Press release from: Report Ocean

India Disposable Medical Gloves Market Size Assessment, Key

Robust Growth Expected in India's Disposable Medical Gloves Market: Projected CAGR of 12.1% from 2022 to 2028

The disposable medical gloves market in India is experiencing significant growth, with a high compound annual growth rate (CAGR) of 12.1%. This growth can be attributed to the increasing burden of infectious and chronic diseases in the country, as well as the rising demand for surgical procedures for treatment purposes. Additionally, stringent guidelines mandating the use of disposable medical gloves are driving market growth.

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A recent study conducted by strategic consulting and market research firm Report Ocean reveals that the India disposable medical gloves market is estimated to grow at a CAGR of 12.1% during the forecast period of 2022-2028. The growth is fueled by the escalating prevalence of various infectious and chronic diseases nationwide, along with the growing demand for surgical procedures. The flourishing medical tourism industry in India is also expected to contribute to the market's expansion during this period. Disposable medical gloves are in high demand as surgical teams change gloves frequently during procedures to minimize the risks of contamination and external exposure. Furthermore, in response to the increased market demand, medical glove manufacturers in India are investing in expanding their production capacity to meet domestic requirements, particularly after the COVID-19 pandemic. However, the growing penetration of used and defective disposable medical gloves may act as a significant restraining factor for the market.

Increasing Burden of Infectious Diseases to Drive Growth in India's Disposable Medical Gloves Market

India's lack of proper hygiene and sanitation makes it vulnerable to infectious diseases. Endemic diseases such as visceral leishmaniasis, dengue fever, malaria, and rabies affect both rural and urban populations. Consequently, the government and health organizations have issued strict guidelines mandating the use of disposable gloves during medical examinations and diagnostic tests to prevent cross-contamination between healthcare workers and patients, thereby driving market growth.

Flourishing Medical Tourism to Drive Market Growth in the Forecast Period

India is among the top destinations for medical tourism worldwide. Ranking 6th globally, the country offers advanced healthcare facilities and skilled healthcare professionals at a lower cost compared to Western countries. This attracts patients seeking various invasive and non-invasive surgical procedures, leading to a high demand for surgical disposable medical gloves and driving overall market growth.

India's Disposable Medical Gloves Market by End-User

The market for disposable medical gloves in India is segmented by end-users, including hospitals, outpatient/primary care facilities, home-care settings, and others. Among these, hospitals account for the largest market share. The high number of patients seeking diagnosis and treatment for various infectious and chronic diseases in hospitals fuels the demand for disposable medical gloves. Moreover, the increasing number of hospital facilities, healthcare investments, and infrastructural development are expected to drive the market's growth during the forecast period.

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BY MATERIAL (NATURAL RUBBER, NITRILE, VINYL, NEOPRENE, POLYETHYLENE, OTHERS), BY APPLICATION (EXAMINATION, SURGICAL), BY END-USER (HOSPITALS, OUTPATIENT/PRIMARY CARE FACILITIES, HOME-CARE SETTINGS, OTHERS), BY REGION (NORTH INDIA, SOUTH INDIA, EAST INDIA, WEST INDIA)

Regional Insights of India's Disposable Medical Gloves Market

Geographically, the India disposable medical gloves market is segmented into North India, South India, East India, and West India. Western India dominates the market, followed by South India, which holds a substantial share. States such as Karnataka, Kerala, Tamil Nadu, and Andhra Pradesh have experienced a high number of daily COVID-19 cases, leading to an increased demand for disposable medical gloves in these regions.

Impact of COVID-19 on India's Disposable Medical Gloves Market

The unprecedented COVID-19 pandemic significantly boosted the market for disposable medical gloves. Personal protective equipment (PPE), including disposable medical gloves, was provided to all healthcare workers, including doctors and staff, to protect against virus transmission. The demand for disposable medical gloves is expected to further surge in response to the rising cases of the Omicron variant and the anticipated third wave in the country.

Competitive Landscape of India's Disposable Medical Gloves Market
The leading players in the India disposable medical gloves market are Nulife Triple Safety, Dahanu Rubber Gloves Mfg. Co., Primus Gloves (P) Ltd., Asma Rubber Products Pvt. Ltd., Kanam Latex Industries Pvt. Ltd., Ramson Health Care Private Limited, Kwalitex Healthcare Private Limited, M. S. Surgical, Cellbless Healthcare Private Limited, Gravitech Industries, and other prominent players.

Table of Content:
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Key Market Segments
2. Research Methodology
2.1. Qualitative Research
2.2. Methodology
2.3. Regional Split of Primary & Secondary Research
2.4. Secondary Research
2.5. Primary Research
2.5.1. Breakdown of Primary Research Respondents, By Region
2.5.2. Breakdown of Primary Research Respondents, By Industry Participants
2.6. Market Size Estimation
2.7. Assumptions for the Study
2.8. Market Breakdown & Data Triangulation
3. Executive Summary

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We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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