Surgical Gloves Market Size
|Study Period:||2018 - 2028|
|Fastest Growing Market:||Asia Pacific|
|Largest Market:||North America|
*Disclaimer: Major Players sorted in no particular order
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Surgical Gloves Market Analysis
The surgical gloves market is expected to register a CAGR of around 10.5% over the forecast period, 2022 – 2027.
COVID-19 arose as an unprecedented public health concern that has positively influenced the progression of the surgical gloves market. Surgical gloves are an indispensable component of protective personal equipment (PPE) and the coronavirus outbreak has augmented the demand for PPE. According to UNICEF, the demand for PPE supplies has surged exponentially with the spread of COVID-19. The national stockpiling policies adopted by countries have further increased the demand. The UNICEF forecasts indicate the demand for gloves is estimated to reach 1.1 billion by the end of 2020. This development is set to benefit the industry demand significantly. Thus, the COVID-19 outbreak has led to an expansion of production and direct sales of these gloves.
Moreover, in April 2022, Showa Group on earth day announced its biodegradable, single-use, nitrile gloves. It has been cleared through the United States Food and Drug Administration's 510(k) process. The Showa M7005PFA gloves are the first biodegradable nitrile gloves for medical usage. The company will be the only integrated manufacturer of fully made nitrile and single-use PPE gloves in the United States. Similarly, in October 2020, Mölnlycke launched new skin-friendly Biogel surgical gloves to reduce the risk of allergic contact dermatitis for surgeons and nurses.
The major contributors in the market are increasing awareness about workplace hygiene and an increasing number of surgical procedures. Healthcare-associated infections are one of the major causes of morbidity. Moreover, guidelines and norms suggested by the United States Food and Drug Administration (FDA) and World Health Organization (WHO), included strict use of medical gloves for all healthcare procedures including examination, surgical interventions, routine check-up, tests, etc. This resulted in high demand of medical gloves in 2020 to safeguard patients and doctors from cross contamination of the disease.
According to the study, ‘Nosocomial Pneumonia’, about 90% of hospital-acquired pneumonia is caused to those patients which are mechanically ventilated. Nosocomial pneumonia is usually affected by the patients after being hospitalized. So, to avoid such infections gloves are of utmost importance. Hence, it is expected to drive the demand for surgical gloves.
Surgical Gloves Industry Segmentation
Surgical Gloves acts as a protective layer to avoid any transmission of diseases, especially during surgical procedures. The Surgical Gloves market is segmented By Product Type (Nitrile Gloves, Vinyl Gloves, Latex Gloves, Neoprene Gloves, Others), By Usage (Disposable Gloves, Reusable Gloves), By Form (Powdered, Powder-free), By End-User (Hospitals & Clinics, Diagnostic Centers and Others) and Geography (North America, Europe, Asia-Pacific, Middle-East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
|Hospitals & Clinics|
Surgical Gloves Market Trends
This section covers the major market trends shaping the Surgical Gloves Market according to our research experts:
Disposable Surgical Gloves Segment is Expected to Exhibit a Significant Market Growth in the Surgical Gloves Market
The disposable Surgical Gloves segment is expected to show significant growth in the surgical gloves market owing to the increasing infections in hospitals.
As per the article published by the Department of Dyes and Chemicals Engineering, the Bangladesh University of Textiles, nearly 1.8 billion gloves were supplied to the United Kingdom National Health Service (NHS) in 6 months. The United Kingdom government spent GBP 15 billion on procuring masks, gowns, and gloves to fight against COVID-19 in July 2020.
The demand for disposable surgical gloves in the healthcare sector has been greatly influenced by growing knowledge of the health and safety precautions related to patient care and emergency response occurrences. Medical examinations with disposable gloves assist prevent cross-contamination between patients and doctors. Growth in the market will also be fueled by increased investments in the manufacture of disposable gloves. For instance, Sri Trang Gloves (Thailand) Public Co. Ltd. received an investment of EUR 600 million through an initial public offering (IPO) in February 2021. This money will be used to increase the annual production capacity of latex and nitrile examination and industrial gloves by 50 billion pieces by 2022 and 80 billion pieces by 2024. Key market participants' recent actions are anticipated to accelerate market expansion. As a result, it is anticipated that during the research period, the aforementioned elements will see significant growth.
Disposable gloves involve minimal or no risk of transmitting infections when compared with reusable gloves. Hence, it is expected to dominate the surgical gloves market.
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North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to be a dominant region in the Surgical Gloves market owing to rising awareness of hygiene among healthcare professionals and a growing number of admissions in hospitals. An increasing number of surgical operations using latex gloves are a high-impact rendering driver. In March 2020, according to the "FDA Eases Regulatory Requirements on Surgical Gowns, Gloves" article by the Regulatory Affairs Professionals Society, the Food and Drug Administration (FDA) will improve the availability of gloves and will not object to their usage and distribution. The FDA regulates surgeon's gloves (i.e., gloves worn on the hands of operating room staff to protect a surgical wound from contamination) and non-powdered patient examination gloves (i.e., gloves worn on the examiner's hand or finger to prevent contamination between patient and examiner) as Class I (reserved) devices, subject to premarket notification requirements under 510(k) of the Federal Food, Drug, and Cosmetic Act (FDCA). To prevent unnecessary hazards to health, the FDA will, however, permit the distribution of these gloves if they contain the proper warnings and meet the following requirements, as stated in its Enforcement Policy.
Furthermore, In Feb 2021, Texas Medical Technology, a supplier and distributor of medical equipment, announced a partnership with My Protect Kit, LLC, which is a provider of premium personal protective equipment (PPE) kits so that it can manufacture protective masks, glove, wipes, etc. Hence, owing to these factors, the market is expected to witness significant growth, over the forecast period.
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Surgical Gloves Industry Overview
Companies are taking initiatives to grow their presence in the Surgical Gloves market. Key players that are expected to be dominate in Surgical Gloves market are Top Glove Corporation Berhad, Supermax Corporation Berhad, Sempermed, Kossan Rubber Industries Bhd, Cardinal Health Inc., Ansell Ltd., Berner International GmbH, Erenler Medikal, Medline Industries, Inc. and Shield Scientific.
Surgical Gloves Market Leaders
Cardinal Health Inc.
Top Glove Corporation Bhd
Kossan Rubber Industries Bhd
*Disclaimer: Major Players sorted in no particular order
Surgical Gloves Market News
- In July 2022, StretchSense (Sensor Holdings Limited) launched the StretchSense MoCap Pro Fidelity, the newest iteration of its industry-leading motion capture glove.
- In May 2022, Rubber compound provider GIIB Holdings Bhd launched its first glove manufacturing plant in Nilai, Negeri Sembilan.
Surgical Gloves Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Burden of Hospital Acquired Infections
4.2.2 Increasing Surgical Procedures
4.3 Market Restraints
4.3.1 Lack of Awareness Regarding Hospital Acquired Infections and Hygiene Standards
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD Million)
5.1 By Product
5.1.1 Latex Gloves
5.1.2 Vinyl Gloves
5.1.3 Nitrile Gloves
5.1.4 Neoprene Gloves
5.2 By Usage
5.2.1 Disposable Gloves
5.2.2 Reusable Gloves
5.3 By Form
5.4 By End-User
5.4.1 Hospitals & Clinics
5.4.2 Diagnostic Centers
5.5.1 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
184.108.40.206 South Korea
220.127.116.11 Rest of Asia-Pacific
5.5.4 Middle-East & Africa
18.104.22.168 South Africa
22.214.171.124 Rest of Middle-East & Africa
5.5.5 South America
126.96.36.199 Rest of South America
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Company Profiles
6.1.1 Ansell Ltd.
6.1.2 Berner International GmbH
6.1.3 Cardinal Health Inc.
6.1.4 Erenler Medikal
6.1.5 Kossan Rubber Industries Bhd
6.1.6 Medline Industries, Inc.
6.1.8 Shield Scientific
6.1.9 Supermax Corporation Berhad
6.1.10 Top Glove Corporation Berhad
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Surgical Gloves Market Research FAQs
What is the study period of this market?
The Global Surgical Gloves Market is studied from 2018 - 2028.
What is the growth rate of Global Surgical Gloves Market?
The Global Surgical Gloves Market is growing at a CAGR of 10.5% over the next 5 years.
Which region has highest growth rate in Global Surgical Gloves Market?
Asia Pacific is growing at the highest CAGR over 2018 - 2028.
Which region has largest share in Global Surgical Gloves Market?
North America holds highest share in 2021.
Who are the key players in Global Surgical Gloves Market?
Ansell Ltd., Cardinal Health Inc., Sempermed, Top Glove Corporation Bhd, Kossan Rubber Industries Bhd are the major companies operating in Global Surgical Gloves Market.
Global Surgical Gloves Industry Report
Statistics for the 2023 Global Surgical Gloves market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Surgical Gloves analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.