Surgical Gloves Market Size Estimated to be Worth US$ 7.43 Billion by 2031, Growing at 10.30% CAGR: The Insight Partners
Saturday, December 14, 2024
NEW YORK, Dec. 9, 2024 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, global surgical gloves market was valued at US$ 2.29 billion in 2023 and is expected to reach US$ 7.43 billion by 2031. The market is expected to register a CAGR of 10.30% in 2023-2031 is experiencing significant growth owing to the increasing number of surgeries worldwide.
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The report runs an in-depth analysis of market trends, key players, and future opportunities. The surgical gloves market is analyzed on the basis of material, form, usage, distribution channel, and end users.
The report from The Insight Partners provides several stakeholders--including product manufacturers, physicians, patients, and end users--with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.
The List of Companies - Surgical Gloves Market -
-- Ansell Limited
-- McKESSON CORPORATION
-- Cardinal Health Inc
-- HENRY SCHEIN, INC
-- M?lnlycke Health Care AB
-- Dynarex Corporation
-- Unigloves (UK) Limited
-- ABENA UK LTD
-- Globus Group (Globus (Shetland) Ltd)
-- Barber Healthcare Limited
Request a Customized Copy of the Surgical Gloves Market Report @ https://www.theinsightpartners.com/reports/surgical-gloves-market/
Overview of Report Findings
1. Increasing Number of Surgeries Worldwide: Surgical gloves block and
prevent the transmission of diseases/contamination between surgeons and
patients during surgical procedures. As per the British Journal of
Surgery, published in May 2019, the average number of older people
undergoing surgeries increased to 54.2 in 2015 from 47.5 years in 1999.
Moreover, by 2030, more than 1.48 million people aged 75 years or older
will undergo surgical procedures yearly. The rise in the number of
surgical procedures is likely to favor the market's growth during the
forecast period.
2. Rising Cases of Healthcare-Associated Infections: An infection contracted
in any healthcare facility, such as a hospital, is termed a
healthcare-associated infection (HAI). HAI is the most common unit in
intensive care units. As per the Centers for Disease Control and
Prevention, on any given day, about 1 in 31 hospital patients has at
least one healthcare-associated infection. Among acute care hospitals,
there were significant decreases observed for methicillin-resistant
Staphylococcus aureus (MRSA) (16%), central line-associated bloodstream
infections (CLABSI) (13%), C. difficile infection (CDI) (13%), CAUTI
(11%), and ventilator-associated events (VAE) (5%) between 2022 and 2023.
Surgical site infections (SSIs) following abdominal hysterectomy
increased by 8%, and colon surgery did not change compared to 2022
standardized infection ratios (SIRs).
3. Geographic Insights: In 2023, North America led the market with a
substantial revenue share, followed by Europe and Asia Pacific,
respectively. Asia Pacific is expected to record the highest CAGR during
the forecast period.
Report Attributes
Details
Market Size in 2023
US$ 2.29 billion
Market Size by 2031
US$ 7.43 billion
CAGR
CAGR of 10.30% From 2023 to 2031
Base Year 2023
Forecast Period
2023-2031
Historical Data
2021-2022
Key Regional Coverage North America (US, Canada, Mexico), Europe -[UK, Germany, France, Russia,
Italy, Rest of Europe]
Asia-Pacific - [China, India, Japan, Australia, Rest of Asia-Pacific]
South and Central America [Brazil, Argentina, Rest of South and Central America]
Middle East and Africa [South Africa, Saudi Arabia, UAE and Rest of Middle East
and Africa]
Get Sample Pages of Research analysis: https://www.theinsightpartners.com/sample/TIPMD00002245/
Market Segmentation
-- Based on raw material, the surgical gloves market is segmented into
latex gloves, nitrile gloves, vinyl gloves, neoprene gloves, and
polyisoprene gloves. The latex gloves segment held the largest market
share in 2023.
-- By form, the surgical gloves market is categorized into powdered and
powdered free. The powdered free segment led the market in 2023.
-- In terms of usage, the surgical gloves market is bifurcated into
disposable and reusable. In 2023, the disposable segment dominated the
market with a larger share.
-- Based on distribution channel, the surgical gloves market is divided
into retail, medical store, and online. The retail segment held the
largest share of the market in 2023.
-- By end user, the surgical gloves market is segmented into hospitals and
clinics, ambulatory surgery centers, and others. The hospitals and
clinics segment led the market in 2023.
-- The surgical gloves market is segmented into five major regions: North
America, Europe, APAC, the Middle East & Africa, and South & Central
America.
Competitive Strategy and Development
-- Key Players: Major companies operating in the surgical gloves market
include Ansell Limited, McKESSON CORPORATION, Cardinal Health Inc, HENRY
SCHEIN, INC, Mölnlycke Health Care AB, Dynarex Corporation, Unigloves
(UK) Limited, ABENA UK LTD, Globus Group (Globus (Shetland) Ltd), and
Barber Healthcare Limited.
-- Trending Topics: Medical Gloves, Disposable Medical Gloves, Latex
Gloves, and Nitrile Surgical Gloves.
Global Headlines on Surgical Gloves Market
-- Acquisition of Polyisoprene Chemical Facility Makes U.S. Medical Glove
Company the only End-to-End, Made-in-America Producer of Medical Gloves
-- Premier Inc. and Honeywell Collaborate to Expand U.S. Production of
Nitrile Exam Gloves
-- Armbrust Inc. Expands into 100% Nitrile Gloves
Purchase Premium Copy of Global Surgical Gloves Market Growth Report at: https://www.theinsightpartners.com/buy/TIPMD00002245/
Conclusion
The surgical gloves market is a dynamic sector poised for sustained growth, driven by ongoing advancements in healthcare practices and rising global health awareness. The increasing frequency of surgical procedures and a heightened emphasis on infection control in medical facilities. The shift toward nitrile gloves is particularly notable, as they offer superior protection and reduce the risk of latex allergies, making them the preferred choice for many healthcare professionals. The COVID-19 pandemic significantly accelerated the adoption of personal protective equipment, including surgical gloves, highlighting their critical role in safeguarding healthcare workers and patients. Furthermore, emerging markets in Asia Pacific and South Africa present significant growth opportunities as healthcare infrastructure improves. Overall, the surgical gloves market is expected to evolve with innovations that enhance safety, comfort, and effectiveness.
Segments Covered
By Raw Material
-- Latex Gloves
-- Nitrile Gloves
-- Vinyl Gloves
-- Neoprene Gloves
-- Polyisoprene
Gloves
By Form
-- Powdered
-- Powdered Free
By Usage
-- Disposable
-- Reusable
By Distribution
Channel
-- Retail
-- Medical Store
-- Online
More Trending Latest Research Reports by The Insight Partners -
Disposable Gloves Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031
Nitrile Gloves Market Forecast, Trends, and Growth 2031
Medical-Secondary Gloves Market Size and Forecasts 2021 - 2031
Disposable Surgical Gloves Market Size and Forecasts 2021 - 2031
Single Use Medical Gloves Market Size and Forecasts 2021 - 2031
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person:
Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
Website: https://www.theinsightpartners.com/
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