Surgical Gloves Market Research Report Information by Material (Natural Rubber Gloves, Nitrile Gloves, Neoprene Gloves, Polyisoprene Gloves, and Others), by Form (Powdered and Powder-free), by Distribution Channel (Online and Offline), by End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Industry Forecast till 2032
In 2023, the surgical gloves market was estimated to be worth USD 2.35 billion. According to projections, the surgical gloves market would expand at a compound annual growth rate (CAGR) of 4.95% from USD 2.51 billion in 2024 to USD 4.06 billion by 2032.
The introduction of technologically improved surgical gloves products and the rising number of surgical procedures are the main factors propelling the growth of the worldwide surgical glove market. The strict regulations imposed on surgical glove producers, however, are anticipated to limit the market's expansion internationally. However, it is projected that growing R&D expenditures for the creation and production of surgical gloves will open profitable prospects for the industry.
Global surgical operations are increasing, which is one of the main factors driving the surgical gloves market's growth. Surgical interventions across a range of medical specializations have increased in tandem with the ongoing improvement of the healthcare infrastructure and the expansion of access to medical institutions. The need for surgical hospitals in ambulatory surgery clinics and hospitals is surging because to the rise in Orthopedic surgeries.
Insights on Market SegmentsNatural rubber gloves, nitrile gloves, neoprene gloves, polyisoprene gloves, and other materials are included in the surgical gloves market segmentation based on material.
Powdered and powder-free gloves are included in the market segmentation of surgical gloves based on form.
Based on the distribution channel, the surgical glove market is segmented into online and offline segments.
Regional PerspectivesThe market is divided into four regions by the study: North America, Europe, Asia-Pacific, and the Rest of the World. The growing frequency of chronic diseases, technological improvements, and the growing need for surgical gloves in hospitals and other medical settings are all contributing to the North American surgical glove market's notable expansion.
The market for surgical gloves in Europe has the second-largest market share because of the region's well-established healthcare system and the growing prevalence of chronic illnesses. In addition, the surgical glove provider in Germany is said to have the most market share, while the surgical glove provider in France is anticipated to have the fastest rate of growth in the European Union.
The market for surgical gloves in Asia-Pacific is predicted to grow at the fastest rate between 2023 and 2032 due to several factors, including an increase in surgeries brought on by a large patient population, the growth of online retail channels for healthcare products, the expansion of the region's healthcare infrastructure, and growing awareness of infections linked to medical care. Furthermore, the Asia-Pacific surgical glove market is expected to develop at the highest rate in India, while China continues to have the greatest market share.
Principal PlayersKey players in the surgical glove market are the following: Top Glove Corporation BHD (Malaysia), Hartalega Holdings Berhad (Malaysia), Kossan Rubber Industries Bhd (Malaysia), Dynarex Corporation (US), Ansell Ltd (Australia), Medline Industries, LP (US), Braun SE (Germany), Molnlycke Health Care AB (Sweden), and Sempermed (Austria).