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Surgical Gloves Market 2020 growth factors, latest trend and regional analysis of leading players by 2025

Author : Ronak Bora | Published Date : 2020-09-04 

Surgical Gloves Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Surgical gloves market size is likely to be driven by shifting trends towards minimally invasive procedures, along with the adoption of hygiene practices to avoid cross-contamination between doctors and patients. National Center for Health Statistics published in a study that there are more than 50 million surgical procedures conducted every year in the U.S. alone. Majority of the surgical procedures include gastrointestinal, cardiovascular, and general surgeries.

Growing prevalence of chronic diseases and expanding geriatric population base are the key factors fueling surgical procedures across the globe, which has further led to mounting demand for surgical gloves. Growing effectiveness of the products due to utilization of advanced material for manufacturing is poised to encourage product developments in the coming years.

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Projections show that the global surgical gloves market size will exceed annual valuation of USD 4 billion by 2026. Nitrile surgical gloves are experiencing high demand as they are made up of natural rubber and provide excellent protection from deadly viruses and any other contagions. In 2019, latex material surgical gloves segment held a 45% share of the total market share on account of several advantageous product attributes such as high performance, flexibility, proper fitting and comfort

Surgical gloves are being increasingly used by physicians and surgeons to prevent the spread of infections. The product has become a crucial part of a surgeon’s or a physician’s daily activities, which is driving their demand exponentially. Surgical gloves are important since they protect patients as well as caregivers from transmission of any infections in operation theaters. Moreover, it is recommended that these gloves be discarded after single use to protect doctors and surgeons from any diseases. This is keeps the demand for these gloves high. Additionally, as the patient population keeps increasing, the demand for these equipment would propel the industry revenue outlook further. 

In terms of product, the neoprene surgical gloves market is estimated to expand over 18% through the forthcoming timeframe. Neoprene gloves are manufactured using synthetic neoprene, which is latex-free. Synthetic neoprene is touted as the ideal and conventional synthetic material for producing synthetic material based surgical gloves. The material provides best in class barrier protection which is augmenting its demand. In addition, the product offers a feel and fit that is similar to that of latex-based gloves, making transition for surgeons and physicians easy.

Surgical gloves made using neoprene are also available with an inner coating that is polymer-based making them much more easier to use, even when the hands of the wearer are damp or dry. While these gloves are more expensive than other types of gloves, they are far more cost effective compared to polyisoprene gloves, which will ensure its growth over the coming timeframe.

With regards to the form, the market is bifurcated into powdered gloves and powder-free gloves. Of these, powdered surgical gloves are slated to foresee a tremendous rate of adoption over the forecast timeframe as they use cornstarch, which makes wearing them much easier. Powder in these gloves works like a lubricant which makes them easier to put on. In addition, the powder also absorbs any sweat that forms on the hand. Due to this feature, powdered gloves provide greater relief to the surgeon’s hands, making them the preferred globes among healthcare professionals. In 2019, the segment held a valuation of around $400 million with industry forecasts expecting the segment to record momentous growth.

The competitive landscape of the global surgical gloves market is inclusive of players such as Berner International, Ansell Limited, Cardinal Health, Kossan Rubber Industries, Semperit AG Holding, Supermax Corporation Berhad, and Top Glove Corporation Berhad among others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/surgical-gloves-market

Partial Chapter of the Table of Content 

Chapter 3.  Surgical Gloves Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 – 2026

3.3. Industry impact forces

3.3.1.  Growth drivers

3.3.1.1. Growing surgical procedures across the globe

3.3.1.2.    Increase in awareness regarding cross contamination and infections

3.3.1.3.    Rise in number of healthcare facilities and professionals

3.3.2.  Industry pitfalls & challenges

3.3.2.1. Allergic reactions due to gloves

3.3.2.2.    Minimal product pricing by domestic manufacturers

3.4. Growth potential analysis

3.4.1.  By product

3.4.2.  By form

3.4.3.  By usage

3.4.4.  By sterility

3.4.5.  By distribution channel

3.4.6.  By end-use

3.5. Regulatory landscape

3.5.1.  U.S.

3.5.2.  Europe

3.6. Porter’s analysis

3.7. Competitive landscape, 2018

3.7.1.  Company matrix analysis, 2018

3.8. PESTEL analysis

Chapter 4.  Surgical Gloves Market, By Product

4.1. Key segment trends

4.2. Latex Gloves

4.2.1.  Market size, by region, 2015 – 2026 (USD Million)

4.2.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.3. Nitrile Gloves

4.3.1.  Market size, by region, 2015 – 2026 (USD Million)

4.3.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.4. Vinyl Gloves

4.4.1.  Market size, by region, 2015 – 2026 (USD Million)

4.4.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.5. Neoprene Gloves

4.5.1.  Market size, by region, 2015 – 2026 (USD Million)

4.5.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.6. Others

4.6.1.  Market size, by region, 2015 – 2026 (USD Million)

4.6.2.  Market size, by region, 2015 – 2026 (‘000 Units)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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