This medical industry as a whole consists of units mainly engaged in manufacturing medical diagnosis and monitoring equipment, establishment of hospitals, health care sectors, production of medicines and medical products, the status of the health care industry etc. This industry is one of the world's largest and fastest-growing industries. Consuming over 10 percent of gross domestic product of most developed nations, this sector can form an enormous part of a country's economy. The Indian health care and medical industry is now estimated to be a $17 billion (Rs 80,000 crore) industry.
Starting from gloves to injection parts, to condoms to tubes to caps and stoppers, including wheels and casters fixed on hospital beds and trolleys, there are wide categories of products made of rubber, which are used in the medical and health care industry. The medical industry also make use of rubber rollers in medical chart recorders and medical imaging equipment. Latex rubber or natural rubber products constitute the largest sub-sector within the rubber industry used in medical sector. Medical devices of latex such as medical gloves, catheters, diaphragms have registered increases in demand. Since ancient times, liquid rubber is used in the making of medicines. Products made from natural rubber, engineering components and latex products which are used in the battle against AIDS and other disease are essential to modern life.
Importance of rubber in the medical industry can better be known from the following products:
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