Global Surgical Gloves Market

Surgical Gloves Market Size, Share, Growth Analysis, By Product(Latex Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves), By Form(Powder-free Gloves, Powdered Gloves), By Usage(Disposable Gloves, Reusable Gloves), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35B2156 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 90 | Figures: 66

Surgical Gloves Market Insights

Surgical Gloves Market size was valued at USD 10.3 Billion in 2023 and is poised to grow from USD 10.61 Billion in 2024 to USD 13.44 Billion by 2032, growing at a CAGR of 3% during the forecast period (2025-2032).

The rising demand for enhanced safety and security within healthcare workplaces, coupled with increasing healthcare expenditures and the resurgence of the COVID-19 pandemic, is anticipated to generate a positive impact on the growth of the industry. The resurgence of COVID-19 in countries like China, Germany, France, Italy, and Belgium is projected to escalate the need for testing, surveillance, and hospital visits, consequently driving up the demand for related products. Moreover, the pandemic has spurred the requirement for disposable medical gloves, creating strain within the supply chain and prompting manufacturers to expand their production capacities to cater to the heightened demand.

In the U.S., the market is undergoing a transformation due to the effects of the COVID-19 pandemic. The elevated prevalence of chronic diseases has led to an increase in hospital visits and re-admissions, thereby bolstering the demand for these products. The surge in surgical procedures such as cesarean sections, appendectomies, Coronary Artery Bypass Graft (CABG) surgeries, carotid endarterectomies, and circumcisions is expected to contribute to the growing demand for disposable medical gloves.

These gloves are distributed through diverse channels like distributors, retailers, e-commerce platforms, and social media advertising. While certain manufacturers prefer direct distribution to companies, hospitals, and consumers to reduce costs, the production of disposable medical gloves remains capital-intensive due to expensive raw materials and intricate manufacturing processes.

US Surgical Gloves Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Surgical Gloves Market size was valued at USD 10 billion in 2022 and is poised to grow from USD 10.3 billion in 2023 to USD 13.05 billion by 2031, growing at a CAGR of 3% in the forecast period (2024-2031).

The competitive landscape of the Electrolytic Manganese Dioxide (EMD) market is characterized by the presence of key players actively vying for market share. These players are engaged in strategic initiatives to enhance their product portfolios, expand their market reach, and capitalize on the growing demand for battery materials. The market is moderately consolidated, with a mix of established multinational corporations and specialized manufacturers. 'Ansell Limited (Australia)', 'Cardinal Health, Inc. (United States)', 'Medline Industries, Inc. (United States)', 'Top Glove Corporation Bhd (Malaysia)', 'Mölnlycke Health Care AB (Sweden)', 'Supermax Corporation Berhad (Malaysia)', 'Hartalega Holdings Berhad (Malaysia)', 'Semperit AG Holding (Austria)', 'Kossan Rubber Industries Bhd (Malaysia)', 'Kimberly-Clark Corporation (United States)'

The COVID-19 pandemic and potential future health crises highlight the critical importance of personal protective equipment (PPE) including surgical gloves, boosting demand and encouraging preparedness.

Shift towards Powder-Free Gloves: The industry is witnessing a shift towards powder-free surgical gloves due to concerns about the potential adverse effects of powdered gloves on wound healing and allergies.

In 2022, North America assumed the market leadership role, capturing more than 37.2% of the revenue share. This dominance can be attributed to the continuous advancements within the field of surgery, encompassing medical technology innovations and the implementation of High-reliability Organizing (HRO) principles. These developments are anticipated to foster growth within the hospital sector, consequently driving the demand for associated products. The region's commitment to stringent government regulations designed to ensure the safety of patients, medical professionals, and facility personnel, alongside the imposition of substantial penalties for noncompliance, is expected to further stimulate industrial demand.

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Global Surgical Gloves Market

Report ID: SQMIG35B2156

$5,300
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