The ‘India Disposable Surgical Products Market Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the India disposable surgical products market growth, assessing the market on the basis of its segments like type, end use, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2016-2031)
- Forecast CAGR (2023-2031): 9.00%
Increasing population and rising investments towards healthcare infrastructure are the major factors driving the growth of the India disposable surgical products market. Increasing knowledge of the importance of adequate sterilisation is also boosting the importance of disposable surgical products. The growing number of surgeries being performed in the country, fuelled by expansion of surgical facilities, vast population, and improvements in diagnostic capabilities are further increasing the demand for disposable surgical products.
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Blood banks and diagnostics labs are a growing end use sector for the India disposable surgical products market, supported by increasing importance of hygiene and sterilisation. In blood banks and diagnostics labs, disposable surgical products are commonly used for blood transfusions, to provide added protection against contact with blood-borne pathogens. With the rising importance of adequate diagnostics across before medical procedure, more diagnostics labs are investing in disposable surgical products.
Development of private hospitals across the country, equipped with robust surgical capabilities, is another factor driving the India disposable surgical products market growth. A sizable population prefers private hospitals for surgical procedures due to the improved quality of medical facilities, experienced medical professionals, and latest and advanced healthcare equipment. Accordingly, the demand for disposable surgical products in private hospitals is surging to facilitate optimum hygiene and safety.
Industry Definition and Major Segments
Disposable surgical products refer to the various devices and equipment used in surgical applications that are designed for single-use only and are disposable. These include syringes, gloves, personal protective equipment (PPE), cannulas, surgeon caps, and nebuliser masks. As these surgical products are disposable, they offer improved hygiene and safety without the hassle of sterilisation and risks of cross contamination.
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On the basis of type, the market is classified into:
- Breakup by Type
- Conventional Syringes
- Safety Syringes
- Surgical Gloves
- Breakup by Type
- Surgeon Cap and Pads
- PPE Kits
- Nebuliser Mask
- Breakup by Type
- Breakup by Type
Based on end use, the market is segmented into:
- Government Hospitals
- Private Hospitals
- Blood Banks and Diagnostics Labs
- Independent Private Clinics
By region, the market is categorised into:
- North India
- East India
- West India
- South India
India Disposable Surgical Products Market Trends
The growing popularity of medical tourism in the country is among the key trends in the India disposable surgical products market. With improvements in medical treatment quality, including surgeries, and relatively low costs, patients from around the world are visiting India for medical treatment. Various hospitals cater to international patients through dedicated outreach systems and assistance for travel and lodging. The increase in international patients for surgical procedures is bolstering the growth of the disposable surgical products market in India.
Advancements in surgical processes, techniques, and technologies is also projected to increase the demand for disposable surgical products in the country. Minimally invasive surgeries are rising in popularity as they offer shorter recovery periods while still offering effective treatment. The increasing use of robotics in surgical procedures is assessed to offer new opportunities to the disposable surgical products market, by leading to a higher demand for disposable surgical products compatible with robotic surgeries.
Expansion of key market players is also aiding the growth of the India disposable surgical products market, by improving supply chains and reducing costs. The market is witnessing an influx of both domestic and international market players, aiming to establish a robust presence to cater to the growing healthcare sector in the country.
Key Market Players
The major players in the India disposable surgical products market report are Becton Dickinson Pvt. Ltd., B.Braun Medical India Pvt. Ltd., Terumo India Pvt Limited, Teleflex Medical Pvt Limited, Nipro India Corporation Pvt. Ltd., Novo Nordisk India Pvt Ltd., Cardinal Health India Pvt. Ltd., Hindustan Syringes & Medical Devices Ltd., Baxter Pharmaceuticals India Pvt Limited (BPIPL), Ansell India Protective Products Pvt Ltd, Sempertrans India Pvt Ltd, and Pharmatrex Healthcare Pvt Ltd. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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