Market Overview:
The Surgical Gloves Market size is expected to grow from USD 2 Billion in 2022 to USD 4.61 Billion by 2030, at a CAGR of 11 % during the forecast period.
During medical operations and examinations, personal protection equipment such as medical gloves is used to shield the user and/or the patient from the spread of microorganisms that could potentially result in infection or disease. One element of an infection-control plan is the use of Surgical gloves. Basic defense against corrosives and surface contamination is provided by Surgical gloves. However, because they are extremely permeable to solvents and other dangerous chemicals, they shouldn't be used for dishwashing or any other work that requires dipping gloved hands into the solvent. There are many types of surgical gloves which include neoprene gloves, polyisoprene gloves, vinyl gloves, and nitrile gloves.
Top Key Players in Surgical Gloves Market:
Ansell Ltd.(US), Sempermed (US), Cardinal Health Inc. (US), Top Glove Corporation Bhd (Malaysia), Kossan Rubber Industries Bhd(Malaysia), Supermax Corporation Berhad (Malaysia). MCR Safety (US), Kimberly-Clark Corporation (US), Ammex Corporation (US), and Other major players.
Market Dynamics and Factors for Surgical Gloves Market:
Drivers:
Growing Awareness Regarding Hygiene and Safety
Surgical gloves are essential in preventing cross-contamination and reducing the risk of HAIs. Healthcare providers and patients alike are increasingly aware of the importance of using sterile gloves during medical procedures to minimize the spread of infections. Healthcare professionals are encouraged to follow standard precautions, which include wearing appropriate personal protective equipment (PPE) like surgical gloves, particularly during invasive procedures. The emphasis on infection control measures has contributed to the rising demand for surgical gloves. Outbreaks of infectious diseases, such as COVID-19, have highlighted the critical role of PPE in preventing the transmission of pathogens. The surge in demand for surgical gloves during such outbreaks has been significant, further emphasizing the importance of safety and hygiene.
Opportunities:
Increased Demand in Chemical and Biochemical Laboratories
Chemical and biochemical laboratories are environments where researchers and lab technicians handle various substances, including hazardous chemicals, biological agents, and potentially infectious materials. In such settings, ensuring safety, hygiene, and contamination prevention are of paramount importance. Surgical gloves play a crucial role in meeting these requirements. Chemical and biochemical laboratories are subject to strict safety regulations to protect workers from potential hazards. Wearing surgical gloves is an essential safety measure to prevent contact with toxic or harmful substances, ensuring compliance with safety standards.
Segmentation Analysis of the Surgical Gloves Market:
- By Product, the Latex Gloves segment is Anticipated to Dominate the Market Over the Forecast period. Latex gloves provided an effective barrier against bacteria, viruses, and other contaminants, making them suitable for various surgical and medical procedures. Latex gloves had excellent elasticity, ensuring a snug fit on the hands, which was crucial for performing delicate surgical tasks and maintaining dexterity.
- By End-Use, the Hospitals & Clinics segment is Anticipated to Dominate the Market Over the Forecast period. Hospitals and clinics perform a vast number of surgical procedures daily. Surgical gloves are essential PPE used by surgeons, doctors, nurses, and other healthcare professionals during surgeries and medical examinations.
Regional Analysis of the Surgical Gloves Market:
Due to rising awareness of hygiene among medical personnel and an increase in hospital admissions, North America is anticipated to dominate the surgical gloves market. A significant contributing factor is a rise in the number of surgical procedures performed while wearing latex gloves. According to the Regulatory Affairs Professionals Society article, "FDA Eases Regulatory Requirements on Surgical Gowns, Gloves," the Food and Drug Administration (FDA) will increase the accessibility of gloves and will not object to their use and distribution starting in March 2020.
Key Industry Development:
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.
