The surgical gloves market was valued at US$ 2.29 billion in 2023 and is expected to reach US$ 7.43 billion by 2031. The market is expected to register a CAGR of 10.30% in 2023–2031. Advancements in material science will likely remain a key surgical gloves market trend.
Surgical gloves serve as a barrier of protection. During surgical procedures, surgical gloves aim to stop potential disease transmission between patients and medical staff, including doctors, nurses, and surgeons. The primary purpose of surgical gloves is to shield the patient from infection while undergoing invasive procedures. Additionally, it shields the hand from potentially infectious substances. The most often utilized surgical materials are latex, neoprene, polyisoprene, and nitrile. There are two types of materials: latex and synthetic. These gloves come in different sizes and provide precise and accurate surgery. Most of them are offered in sterile form. Most of them are offered in sterile form. There are primarily two varieties of these gloves: powdered and powder-free. The powdered materials used are talc, lycopodium powder, and cornstarch powder. In essence, these powdered ingredients aid in preventing perspiration. Additionally, the powdered materials are used to fully lubricate the gloves, making them extremely helpful for the surgeons. The number of patients with chronic illnesses has increased, contributing to the overall growth, and this trend is anticipated to continue throughout the forecast period.
By using disposable medical gloves, masks, or gowns, healthcare workers can reduce the risk of cross-contamination. Personal protective equipment (PPE) is therefore essential. Among these, medical gloves were frequently used by the public as a tool for medical personnel and society to prevent infections. Hands are one of the main ways that infections spread. While hand washing is generally effective in getting rid of most microorganisms, there are situations where exposure warrants the use of an extra layer of protection. These reasons make wearing medical gloves essential when doing invasive procedures or visiting sterile areas. This leads to increased use of surgical gloves, thereby driving the demand. This, in turn, drives the growth of the market.
Infection contracted in any healthcare facility, such as a hospital, is termed healthcare-associated infection (HAI). The most common unit where HAI is contracted is the intensive care unit, where healthcare professionals treat serious diseases.
The extent to which healthcare settings can contribute to the spread of infections, harming patients, health workers, and visitors if insufficient attention is paid to infection prevention and control (IPC), has been brought to light by the COVID-19 pandemic and other recent large disease outbreaks. However, a recent World Health Organization (WHO) study demonstrates that 70% of those infections can be avoided where appropriate hand hygiene and other economic measures are used. According to WHO, seven patients from high-income countries and fifteen from low- and middle-income countries will get at least one healthcare-associated infection (HAI) during their hospital stay out of every 100 patients in acute-care hospitals. One in ten afflicted patients will, on average, pass away from their HAI. Thus, the increase in the prevalence of infectious diseases is expected to see exponential growth over the forecast period.
In many industries, using personal protective equipment (PPE) to keep workers safe while they do their daily business has become increasingly important in recent years due to the complexity of population health concerns. Gloves are among the most widely used and important types of protection. Health awareness significantly (up to 30%) lowers disease incidence. Thus, profit and non-profit organizations are taking initiatives to enhance hygiene awareness. For instance, the recently released WHO report offers the first-ever global situation analysis, including country and regional focus, of how infection prevention and control (IPC) programs are being implemented globally. The report highlights the harm that healthcare workers and patients suffer from HAIs and antibiotic resistance.
Key segments contributing to the surgical gloves market analysis derivation are raw material, form, usage, and distribution channel.
The surgical gloves market report's geographic scope is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
North America has dominated the Surgical Gloves Market. In North America, the US is the largest market for surgical gloves in 2023. Players in the surgical gloves market have been concentrating on growing their footprint in the United States in recent years. To strengthen their position in the US, the companies employ various inorganic and organic growth strategies. For instance, Mölnlycke launched the cutting-edge Biogel PI UltraTouch surgical glove in October 2020 to commemorate World Handwashing Day. Asia Pacific is anticipated to grow with the highest CAGR in the coming years.
The regional trends and factors influencing the Surgical Gloves Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Surgical Gloves Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.29 billion |
Market Size by 2031 | US$ 7.43 billion |
Global CAGR (2023 - 2031) | 10.30% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Raw Material
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Surgical Gloves Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Surgical Gloves Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The surgical gloves market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for surgical gloves and strategies:
The Semperit Group has successfully completed the sale of its medical business to the Southeast Asian glove manufacturer HARPS GLOBAL PTE. LTD. After receiving all regulatory approvals, the closing took place as planned today, 31 August 2023, in Vienna. (Source: Semperit AG Holding Company Name, Press Release, 2023)
The “Surgical Gloves Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: