Surgical Gloves Market to Reach $ 3.7 Billion by 2025
Growing number of
medical establishments across the globe to drive
global surgical gloves market
According
to TechSci Research report, “Global
Surgical
Gloves Market By Type, By Origin, By Distribution Channel, By Form, By
Application, By Region, Competition, Forecast & Opportunities, 2025”, the global surgical gloves market is forecast to grow
from an estimated $ 2.6 billion in 2020 to $ 3.7 billion by 2025 on account of increasing geriatric population
suffering from various chronic diseases such as cancer, cardiovascular
disorders, renal disorders, general procedures, among others. This has
drastically increased the patient pool and surgical procedures for these
diseases, which in turn is expected to positively impact the market growth
during forecast period. The surgical gloves act as a protective barrier for
surgeons and nurses and prevent possible transmission of diseases or pathogens.
Additionally, increasing use of surgical gloves in examination activities is
further expected to propel the market over next few years.
However, strict
regulatory guidelines might hamper the growth of market over next few years.
Additionally, cost is another factor which might pose a challenge to the market
growth.
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The global surgical gloves market is segmented based on type, origin,
distribution channel, form, application, and region. Based on type, the market
can be categorized into latex gloves, neoprene gloves, polyisoprene gloves,
nitrile gloves and others. The latex gloves segment is expected to dominate the
market during forecast period on account of their flexibility, high level of
performance and cost effectiveness. Additionally, these gloves properly fit over
the skin, are touch sensitive, comfortable and can be worn for long durations.
Furthermore, they can be easily disposed since they are biodegradable. On the
other hand, the nitrile gloves segment is anticipated to grow significantly
during forecast period since they are made up of natural rubber and provide
best protection against viruses and any other contagions. Based on application,
the market can be divided into hospital and non-hospital. The non-hospital
segment is expected to witness significant growth over the next few years. This
can be accredited to increasing healthcare awareness and growing employee
safety & sanitary conditions in various industries and factories.
Additionally, strict government regulations for use of these gloves, especially
in the chemical industry, is further anticipated to fuel the market until 2025.
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Top Glove Corporation Bhd, Supermax Corporation Berhad, Semperit AG Holding, Cardinal Health, Ansell Healthcare, Shangdong
Yuyuan Latex Gloves, Sara
Healthcare Pvt. Ltd, Hartalega Holdings Berhad, Kanam Latex Industries Pvt. Ltd,
Mölnlycke Health Care AB, MOTEX Group, Kurian Abraham Private Limited (KAPL), Asma
Rubber Products Pvt. Ltd., etc., are some of the leading players
operating in global surgical gloves market. “North America is expected to dominate the global surgical
gloves market during the forecast period, with APAC forecast to witness faster
growth and thereby replace Europe as the second largest regional market by
2025. Additionally, the sudden outbreak of pandemic COVID-19 is expected to
propel the market over the next few years. Furthermore, increasing surgical
procedures and rise in R&D activities, especially in Japan, are further anticipated
to positively impact the growth of market through 2025.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Surgical Gloves Market By Type, By Origin,
By Distribution Channel, By Form, By Application, By Region, Competition,
Forecast & Opportunities, 2025” has evaluated the future growth potential of global surgical
gloves market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global surgical gloves market.
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