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Global Surgical Gloves Market was valued at approximately USD 10.33 Billion in 2023. Over the course of the forecast period (2024–2031), the market is expected to develop at a compound annual growth rate (CAGR) of 3%, reaching a value of USD 13.05 Billion by 2031.
The growth in the market is expected to be driven by industry participants' growing awareness of the significance of employee safety. When performing surgical procedures, medical personnel frequently wear surgical gloves, which helps to lower the risk of infection transfer from patients to healthcare professionals. International expansion of the demand-supply gap in surgical gloves is anticipated as a result of supply constraints such as restricted manufacturing capacity, protracted construction periods, and a labor scarcity during the pandemic period.
In addition, it is anticipated that trade restrictions will make it more difficult for businesses to obtain raw materials logistically, which will widen the gap between the supply and demand for surgical gloves. Nonetheless, manufacturers are putting more of an emphasis on innovation, digitalization, automation, and artificial intelligence, which has increased process efficiency and will drive market growth in the years to come.
Additionally, the Food and Drug Administration (FDA) of the United States and the World Health Organization (WHO) have recommended that medical gloves be worn exclusively for all treatments administered in the medical profession. Surgical gloves and other medical gloves are used by healthcare professionals to prevent the spread of microorganisms that may cause an infection or illness. In the upcoming years, it is expected that the aforementioned causes would increase demand for surgical gloves.
The rising number of surgical procedures performed in the US, such as a carotid endarterectomy, an appendectomy, cesarean delivery, Coronary Artery Bypass Graft (CABG), & circumcision, is anticipated to fuel the need for surgical gloves. For example, the Centers for Medicare and Medicaid Services reports that U.S. hospitals swiftly implemented new safety regulations in response to the pandemic's effects, which led to a notable decrease in the rates of non-essential surgery. Healthcare workers are protected from infectious infections by the surgical gloves. Surgeons and other medical workers may become infected by patients while performing surgery. Consequently, surgical gloves help protect medical staff from cross-contamination.
Additionally, the government is supporting initiatives to raise awareness about safety and hygiene in hospitals and other healthcare facilities in response to an increase in hostile incidents brought on by subpar cleaning standards, which is anticipated to drive demand in the market. Strict laws, for example, mandate that companies evaluate the workplace for risks that call for the usage of personal protective equipment (PPE), such as surgical gloves. Furthermore, it is expected that an older population would increase hospital visits, which will boost market growth during the projected time. For example, according to WHO predictions, 80% of older people will reside in low- and middle-income countries in 2050, propelling market expansion.
Report Coverage:
The report will cover the qualitative and quantitative data on the global Surgical Gloves Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Report Scope and Segmentations:
Study Period | 2024-31 |
Base Year | 2023 |
Estimated Forecast Year | 2024-31 |
Growth Rate | CAGR of 3% from 2024 to 2031 |
Segmentation | By Material, By Sterility, By Form, By Distribution, By End-use, By Region |
Unit | USD Billion |
By Material |
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By Sterility |
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By Form |
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By Distribution |
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By End-use |
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By Region |
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Market Players Analysis:
Key Industry Developments
Market Segmentation Analysis:
The report also helps in understanding Global Surgical Gloves Market dynamics, structure by analyzing the market segments, and project the Global Surgical Gloves Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Surgical Gloves Market make the report investor’s guide.
Market Segmentation Insights:
The market is divided into segments based on By Material, By Sterility, By Form, By Distribution, By End-use.
Based on the Form of the market is segmented into Powder, Powder-free.
In 2022, the market leader and owner of 87.3% of the worldwide revenue share was the powder-free category. Powder-free gloves are predicted to rule the market over the coming years as their popularity grows in the healthcare sector. Furthermore, it is anticipated that stringent global regulatory restrictions on powdered gloves will help the powder-free glove market in the upcoming years. The FDA announced a rule banning powdered surgical medical gloves, citing the serious hazards that patients faced from these gloves, such as allergic responses, wound and airway inflammation, and adhesions following surgery. Moreover, the restriction does not apply to the powder used in the production of powder-free gloves; just a trace quantity is included into the final product.
Powdered gloves are anticipated to grow at a 4.4% CAGR throughout the forecast period. These gloves don't stick together because of the maize flour inside. Corn flour, an ingredient in powdered gloves, can cause skin irritation in both users and others who come into contact with them. Furthermore, there is a chance of contamination because powdered glove powder has been shown to stick to hands, objects, and clothes. Direct contact with starch occurs, for example, when dentists have to reach inside a patient's mouth with bare hands. Within the dentistry community, this is a major source of concern. In the upcoming years, the demand for powdered gloves is anticipated to increase more slowly due to the aforementioned issues.
Based on the End-use of the market is categorised into Hospital, Veterinary, Emergency medical service, Dental, Others.
In 2022, the hospital end-use category held 63.8% parts of the global revenue share. The surge in hospital visits and readmissions resulting from chronic diseases is driving up the need for surgical gloves in hospitals. For example, in 2022 the World Health Organization projected that 4.1 million people worldwide were afflicted with chronic respiratory illnesses. Furthermore, according to a WHO research, chronic diseases, also known as non-communicable diseases, kill 41 million people each year, accounting for 74% of all fatalities globally.
The end-use sector for emergency medical services is anticipated to grow at a CAGR of 6.1% during the lifespan of the projection period. The end-use sector for emergency medical services is anticipated to be driven by the rise in the number of patients seeking urgent treatment at clinics due to patients' growing preferences for amenities and cost. As a result, medical gloves are being used more frequently in these facilities to support the business environment. Furthermore, a number of important variables that are encouraging market expansion include the rising expense of healthcare, the increase in trauma cases, and the expanding need for emergency care.
Regional Snapshots:
By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study.
North America held 36.6% of the global market revenue in 2022 due to the region's sustained advancements in surgery caused by medical technology and the assistance of supportive structures like High-Reliability Organizations (HROs), that are anticipated to increase product demand and spur the growth of the hospital sector. Strict government regulations governing the safety of medical personnel, patients, and other employees in hospitals and other facilities—as well as severe consequences for noncompliance are expected to be the driving force behind the requirement. For instance, surgical gloves must be sterile and free of powder, and products meeting their requirements must bear the "CE EN 455" designation. Furthermore, sterile, powder-free surgical gloves need to be provided.
The Asia Pacific region is expected to grow at a CAGR of 6.5% over the course of the projection period. An increasing aging population, rising disposable incomes, increased health consciousness, easy access to insurance, and substantial spending by both public and private sector players are all likely to contribute to an increase in the demand for healthcare services. Furthermore, as the number of cases of obesity has climbed, so too has the nation's prevalence of chronic illnesses including diabetes and heart disease. More services and treatments will be required for these disorders, which will help the nation's market expansion.
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20 Jun 2022