Surgical Gloves Market Forecasts Growth and Innovation with a valuation of USD 4.4 Billion by 2032 at a 4.5% of CAGR

The global surgical gloves market is experiencing significant growth, with a valuation of US$ 2.7 billion in 2022. According to a recent study by Future Market Insights (FMI), the market is projected to expand at a CAGR of 4.5% over the forecast period, signaling robust demand for surgical gloves in the coming years.

The market dynamics are driven by the increasing prevalence of surgical procedures, heightened awareness regarding infection control, and advancements in glove m anufacturing technologies. Notably, synthetic gloves are leading the market, accounting for approximately 64.8% of the total market share in 2022. This trend is attributed to their superior comfort, flexibility, and reduced risk of allergic reactions compared to traditional latex gloves.

As the healthcare industry continues to evolve, the demand for high-quality surgical gloves is expected to grow. The rising emphasis on safety protocols in medical facilities and the growing incidence of hospital-acquired infections are further propelling market expansion.

Key players in the surgical gloves market are investing in research and development to innovate and enhance product offerings, catering to the diverse needs of healthcare professionals. This innovation focus will likely play a crucial role in shaping the future landscape of the surgical gloves market.

Surgical gloves are disposable gloves that are worn during medical operations to stop the spread of sickness and infection between patients and healthcare professionals. They come in various sizes to accommodate the hands of healthcare professionals and are constructed of different materials, such as latex, nitrile, and vinyl. To stop the spread of infectious agents, surgical gloves must be discarded after each usage.

Sales Analysis of Surgical Gloves Market from 2012 to 2022 Vs Market Outlook for 2023 to 2033.

The global sales of surgical gloves are anticipated to rise at a CAGR of 4.5% between 2023 and 2033, owing to the rising number of surgical operations.

The global market holds around 27.6% share of the overall global medical gloves market with a value of around US$ 9.8 Billion, in 2022.

The sales outlook for surgical gloves, a crucial product in the healthcare sector, is usually favourable. Due to an increase in surgical operations around the world, the market for surgical gloves is anticipated to expand in the upcoming years. The development of novel surgical procedures that need for gloves with enhanced characteristics is another factor boosting demand for surgical gloves.

As more medical personnel become aware of the need of preventing infection and cross-contamination, the market for surgical gloves has steadily increased over time. The market for consumables like surgical gloves has historically been expected to increase steadily due to rising healthcare standards in industrialised nations and the development of services in emerging areas. Recent years have also witnessed a trend in the development of more sophisticated synthetic materials, such nitrile, which provide greater protection and durability than conventional latex gloves. Also, there has been a rising emphasis on sustainability, with manufacturers implementing eco-friendly production techniques and materials.

Owing to the above-mentioned factors, the global market is expected to grow at a prominent pace, and reach a valuation of around US$ 4.4 billion during the year 2033.

Competitive Landscape

To gain more attention and win the biggest market share, businesses put regulatory approvals, the introduction of new products, and brand marketing first. Businesses are focusing on partnering with respectable hospitals, other ASCs, diagnostic labs, and academic institutions to market their products for surgical operations in order to build a robust supply chain.

Instances of important developmental strategies used among market participants in the surgical gloves market are presented below:

• In July 2022, StretchSense (Sensor Holdings Limited) introduced most recent version of motion capture glove – StretchSense MoCap Pro Fidelity.
• In May 2022, In Nilai, a supplier of rubber compounds – Negeri Sembilan, GIIB Holdings Bhd, opened its first glove production facility.

Similarly, recent developments related to companies manufacturing surgical gloves have been tracked by the team at Future Market Insights. These are available in the full report.

Key Companies Profiled

• Top Glove Corporation Bhd
• Medline Industries
• Supermax Corporation Berhad
• Semperit AG Holding
• Kossan Rubber Industries Bhd.
• Cardinal Health, Inc.
• Ansell Limiited
• Berner International GmbH
• Erenler Medikal
• Leboo Healthcare Products Limited
• Sun Healthcare Sdn Bhd

A Full Report Overview

Key Market Segments Covered in the Surgical Gloves Industry Research

Product:

• Synthetic Gloves
• Natural Gloves

Material:

• Latex Gloves
• Nitrile Gloves
• Polyisoprene Gloves
• Latex-free Gloves
• Chloroprene Gloves
• Neoprene Gloves

Usability:

• Disposable
• Reusable

Application:

• Surgical Intervention
• Infection Prevention
• Wound Dressings
• Dental
• Radiology Procedures

Distribution Channel:

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• The Middle East and Africa (MEA)

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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