PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1495987
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1495987
The surgical glove market, which was valued at US$2,948.976 million in 2022, is estimated to reach US$5,095.528 million in 2029 at a compound annual growth rate of 8.13%.
Surgical gloves are a type of disposable glove that is designed particularly for surgeries to protect patients, surgeons, or doctors from any kind of contamination. The surgical glove, which is one type of medical glove, is specifically made up of either latex or nitrile, which is a synthetic material, and other different polymers. They are powdered with cornstarch, which makes it easy to wear these gloves on your hands. However, the regulation put on the restriction on using these powdered gloves will hamper the market's growth. Due to their use in surgeries, surgical gloves are made to higher standards. They are precise in sizing, have better precision, and are highly sensitive. Increasing awareness of hospital-acquired infections and an increase in surgical interventions have been attributed to the increasing demand for surgical gloves, which has led to market growth worldwide.
The pandemic has had a positive impact on the global surgical glove market owing to the rising demand for gloves and protection solutions all over the world to prevent the spread of contamination. Surgical gloves are a very essential part of these kits. As even the reuse of PPE kits is to be avoided as per the suggestions by the United States FDA, the demand is expected to increase in the future. Furthermore, according to the regulations by the Centres for Disease Control and Prevention and the European Centre for Disease Prevention and Control, as part of the precautions to reduce the spread of contamination, the use of gloves should be increased in hospitals as well as in the community. These developments have paved the way for the increase in demand for surgical gloves.
The number of surgical procedures is growing globally. The number of individuals suffering from injuries and the increase in the number of road accidents and other accidents are paving the way for surgical procedures. Additionally, the increase in advanced technologies regarding plastic surgeries has also created an urge in many individuals to opt for such surgeries in recent times. These advancements have also become a boon to many handicapped individuals. For instance, in the year 2019, at NYU Langone Health Hospital, a team carried out a first-hand transplant. This technology is spreading in other developing countries as well.
Likewise, chronic diseases such as cancer have increased the success rate of their treatment globally. Data published by the Centres for Disease Control and Prevention in 2019 indicates that around 31.7% of total births in the United States were by the Caesarean section method. Hence, to meet the increasing demand for surgical procedures worldwide, the demand for surgical gloves is increasing at a faster pace.
Moreover, the increasing awareness of clinical hygiene among surgeons and the demand for surgical gloves have driven the demand for surgical gloves for the last few decades. The surgical glove market will be dominated by nitrile and powder-free gloves. As polymer latex is associated with many allergic properties, nitrile surgical gloves have been a nonallergic substitute for these latex gloves.
The awareness regarding the benefits of nitrile gloves is increasing, specifically in the medical field, which is gradually increasing its preference by surgeons. This led to rising demand for nitrile surgical gloves. Thus, this segment is expected to grow at a significant rate during the forecast period. However, due to the availability of latex gloves, the position of latex gloves in the market is still untouched.