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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