Indonesia Medical Glove Market - Forecasts from 2024 to 2029

The Indonesian medical glove market is estimated to experience a CAGR of 7.98% over the forecast period, reaching a market size of US$70.100 million by 2029, representing a generous rise from US$40.951 million recorded in the year 2022.

Prevention of transmissible diseases in clinical practice settings is becoming a top priority these days. One of the most important aspects of infection prevention strategies is the proper use and selection of gloves. Some of the main factors propelling the market's growth are favourable healthcare coverage plans by governments to guarantee healthcare to all citizens, rising awareness about the prevention of cross-contamination between patients and caregivers, an increase in the number of gloves used per person in operating rooms, and double-gloving. Furthermore, leading players have seen significant revenue growth as a result of new health risks like the spread of infectious diseases and the ensuing spike in demand for protective medical apparel. Moreover, the demand for medical gloves in Indonesia is primarily driven by the increasing awareness of the health and safety precautions that must be taken to stop the spread of disease. For a long time, disposable gloves have been beneficial to the medical sector in terms of cost-effectiveness, safety, and hygiene. Given that medical gloves are an essential item for practically all medical procedures, Indonesia's healthcare and medical sectors are growing quickly, which is driving the country's medical glove market.

Increasing demand for surgical use and rising healthcare expenditure propels the Indonesian medical glove market.

The rising prevalence of chronic diseases, such as heart disease and cancer, which frequently require medical procedures and operations for treatment, is expected to increase the demand for medical gloves in surgical applications. Compared to examination gloves, surgical gloves are held to higher standards of quality and are frequently used by surgeons and Operating Room (OR) nurses. Since they are precisely sized and specially designed to offer great precision and tactile sensitivity, these gloves are sterile and frequently used for surgical procedures. The expanding knowledge of medical personnel handling chemotherapy waste or delivering chemotherapy medications has resulted in a growing demand for gloves with superior chemical resistance. These gloves serve to guard against possible exposure to dangerous medications and are also increasing the market demand. Further, to protect the wearer from dangerous radiation, these gloves are made of lead or other materials that absorb radiation. These gloves are frequently used in delicate operations like microsurgery and ophthalmic procedures, where a firm grip is necessary. This procedure improves patient and healthcare provider safety by lowering the possibility of cross-contamination. Speciality gloves are designed to fulfil certain requirements and guarantee the best possible performance and protection in certain medical situations. Further, the rising national government spending on healthcare and growing public awareness about the dangers of wearing inappropriate medical apparel leads to the spreading of infection. For instance, the World Bank reports that the country's health expenditure per capita increased from US$120.59 in 2019 to US$132.96 in 2020.

The Indonesian medical glove market has been significantly impacted by the conflict in Ukraine. The Indonesian economy was severely impacted by the war, leading to supply chain disruptions and inflation, particularly in the healthcare industry. Moreover, there were inefficiencies in the supply chain, labour shortages, delays in transit, and drawn-out customs procedures. However, Indonesia's economy remains stable, supported by public consumption and a trade surplus. Moreover, because the two nations were not big trading partners and the conflict had little effect on the pharmaceutical trade, Indonesia suffered a relatively minor economic blow from the Russia-Ukraine war. For instance, Top Glove, a company that exports to Russia and Ukraine, has not seen much of an impact on business as a result of the conflict there, but given the changes in the country's banking sector, the company was being "extremely cautious" about payments which did not impact the medical glove industry in Indonesia.

Market Key Developments

• March 2022: The production capacity of Softex® at BASF's Indonesian site in Cimanggis was doubled. Through this expansion, BASF is reaffirming its commitment to the medical glove industry and specifically to customers in Asia Pacific. A vital component in the creation of medical exam gloves, softex dispersion, is becoming more and more well-known in the Asia Pacific region for assisting glove manufacturers in producing high-quality gloves.

Segmentation:

By Material (US$ million and million units):

• Natural Rubber
• PVC
• Synthetic Rubber

By Type (US$ million and million units):

• Examination
• Surgical

By End-User (US$ million and million units):

• Hospitals & Clinics
• Auxiliary Health Centres
• Academic Institutes

By Region (US$ million and million units):

• Jakarta
• West Java
• East Java
• Sumatra
• Others