Surgical Gloves Market

Surgical Gloves Market: Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030

Market Overview

The past decade has seen frequent epidemics such as Ebola, Zika, and now the crippling Covid-19 pandemic, raising the need for surgical gloves exponentially. Medical gloves play an important in the healthcare system, protecting both, the caregivers and patients. Demand for surgeries, improved healthcare systems, and indispensable nature of surgical gloves are some of the primary growth drivers for the market. The market for surgical gloves is exceptionally competitive as it is a generic medical device. Low entry barriers, fairly easy manufacturing techniques, and easy availability of raw materials is expected to lead to intense competition. Companies are expected to compete on price to register high sales volumes for profits in the coming months.

Improving Diagnostics to Up Sales for Surgical Gloves

Rise in the number of road accidents, aging complications in patients, and improving diagnostics have all contributed to the demand of surgical gloves. Demand for surgical gloves is expected to remain steady and always on the up side, as despite the changing nature of surgeries, gloves are an important part in delivering safe healthcare services. Increasing admissions for cardiovascular diseases is also noted to be a significant factor fuelling the demand for surgical gloves. Radical changes in the healthcare systems of developing countries such as India, China, Japan, and Brazil have also led to growing sales of surgical gloves. Establishment of multispecialty hospitals is also projected to bode well for the global market of surgical gloves. 

Disposable gloves have always been an important driver for surgical glove sales. However, programs to recycle and reuse these gloves has won the market an added advantage as it is taken off the pressure from landfills. Advancements in the materials used for production of surgical gloves has also triggered demand for surgical gloves in recent years. Analysts suggest that the establishment of medical colleges and growing number of students studying surgery have also made a significant contribution to the market over the years.

Nitrile Gloves to Pace Ahead as they Offer Excellent Protection

The materials used for making surgical gloves are isoprene rubber latex, nitrile rubber, polyvinyl chloride, and neoprene rubber. The latex surgical gloves market had a lion’s share due to its popularity. Features such as superior flexibility, fitting, and high-level performance has kept it in the leading position for a long time. However, shifting dynamics suggest that nitrile gloves will slowly takeover the spot as they offer impeccable protection against viruses and contagions for caregivers. Furthermore, possibility of allergy to latex is also creating a demand for alternative materials. These are available in powdered and non-powdered from. The demand non-powdered nitrile gloves will be high as they do not cause any breathing problems in the long run.

Asia Pacific to Remain Key Manufacturer with Supportive Government Policies

The global surgical gloves market is experiencing tremendous growth amid Covid-19. In wake of the pandemic, the market is expected to witness an exponential growth rate. North America and Asia Pacific are projected to dominate the market as the healthcare sector gears up for coping with the pandemic. A strong healthcare system in the developed economies will increase the demand. Focus on hygiene and awareness about cross-contamination in the region will boost sales.

Meanwhile countries in Asia Pacific will remain key manufacturers. Affordable labor and supportive government policies towards manufacturing will also boost the production of surgical gloves in the region. Expanding pool of geriatric population in countries such as Japan is projected to be critical to the demand for surgical gloves. The rise of e-commerce industry is also expected give an impetus to the sales of surgical gloves.

Companies to Ensure Social Distancing Policies to Keep Production Going Amid Pandemic

Some of the key players operating in the global surgical gloves market are Kimberly-Clark, Top Glove Corporation, Cardinal Health, Ansell Healthcare, and Dynarex Corporation. Ansell, an ASX-listed company, stated that it is experiencing and unprecedented rise in demand for surgical gloves as the extent of Covid-19 implications remain uncertain. The company is working closely with government authorities across the globe to demand the demands. Despite the dangers of business operations, it is adhering to stringent measures such as ensuring daily temperature checks, screening workforce, social distancing, and sanitation of surfaces to keep the production going.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

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Surgical Gloves Market