India Medical Gloves Market To Grow Due To Rising COVID-19 Cases Until FY2027
Increasing prevalence of the
targeted diseases is driving the growth if India Medical Gloves Market,
FY2017-FY2027.
According to
TechSci report on, “India Medical Gloves Market By Type (Surgical v/s
Examination) By Product Type (Reusable v/s Disposable) By Material Type
(Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, Others) By Form
(Powdered v/s Non-Powdered) By Distribution Channel (Hospitals & Clinics,
Medical Stores & Pharmacies, Online, Others) By End User (Hospitals &
Clinics, Ambulatory Care Centers, Home Healthcare, Others) By Region,
Competition Forecast & Opportunities, FY2027”, India medical gloves market
is expected to show an impressive growth on the account of rising prevalence of
diagnostic medicine. Along with the increasing concerns of the common
population toward the spreading diseases, the market growth is also multiplying
on the backbone of increasing number of COVID-19 cases in the country. In March
2020, due to the worldwide spread of COVID-19 virus, World Health Organization
had rendered the virus spread a pandemic. The country is still struggling with
the increasing number of corona patients. With the increased demand of early
diagnosis, increased number of tests being carried even in the mobile van, and
treatments required for the patients is actively responsible for the
exponential growth escalation of the market. Moreover, government of India is
supporting the manufacturers, and supplier, distributors for the continuous
inflow of the product that is supporting the growth of the market in the next
five years too.
Medical gloves are the precautionary
accessory for the experts, doctors, medical students, research associates, and
common population dealing with the harmful chemicals or just as a preventive
measure against the diseases. The medical gloves are active protection against
the disinfectants, harmful chemicals that are in the laboratories and hospitals
and clinics. Also, the gloves are currently used by the common population of
the country for the fight against the wide-spreading virus.
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The India medical gloves market is
segmented by type, product type, material type,
form, distribution channel, end user, competitional landscape, and regional
distribution. Based on product type the market is further bifurcated into reusable
v/s disposable. Disposable medical gloves are anticipated to assert its
dominance over the market in the next five years, owing the growth to
attributes like surge in the demand of the product for prevention and concerns
for safety and growth in number of end users. Although, reusable medical gloves
are also anticipated to have a significant share of the market on the account
of increasing concerns of the common population for the safety from COVID-19
spread.
Based on material type, the market is
further sub-segmented into natural rubber, nitrile, vinyl, neoprene,
polyethylene, and others. Natural rubber gloves (latex) are expected to hold
the largest share of the market on the advantages of the material against the
disinfectant and other related harmful chemical agents. Moreover, the material
is cheaper as compared to nitrile and neoprene gloves.
Based on form the market is further
fragmented into powdered and non-powdered gloves. Non-powdered gloves are
expected to hold the largest share of the market for the advantage of the
non-powdered gloves over powdered gloves. Non-powdered gloves are less messy as
compared to the powdered gloves, and their advantage over the powders that
often causes reactions or adverse effects due to long term exposures.
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“Hospitals and
Clinics all around the country is actively supporting the sales of the medical
gloves due to the surge in the demand of the product. With varied products
available in the market, consumers are often confused which one is the apt for
their requirements. General awareness if created by the government along with
new players would benefit the market. Looking at the demand of the hour, masks
are popularized as well as being promoted seeing the requirement to prevent the
spread of COVID-19 virus. If the gloves are also marketed in the similar ways
through advertisements and schemes, the market would see a impressive boom in
the sale in next five years,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“India Medical Gloves Market By Type (Surgical v/s
Examination) By Product Type (Reusable v/s Disposable) By Material Type
(Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, Others) By Form
(Powdered v/s Non-Powdered) By Distribution Channel (Hospitals & Clinics,
Medical Stores & Pharmacies, Online, Others) By End User (Hospitals &
Clinics, Ambulatory Care Centers, Home Healthcare, Others) By Region,
Competition Forecast & Opportunities, FY2027” has evaluated the future
growth potential of India medical gloves market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India medical gloves market.
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