Dublin, May 31, 2023 (GLOBE NEWSWIRE) -- The "Surgical Gloves - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Surgical Gloves Market to Reach $7.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Surgical Gloves estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 9.2% over the analysis period 2022-2030. Nitrile Gloves, one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Latex Gloves segment is readjusted to a revised 9.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 12.1% CAGR
The Surgical Gloves market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 12.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.
Select Competitors (Total 132 Featured)-
- 3M Company
- B. Braun Melsungen AG
- AliMed, Inc.
- Ansell Ltd.
- Abena A/S
- Angiplast Pvt., Ltd.
- ASID BONZ GmbH
- Adenna, Inc.
- Adex Medical, Inc.
- American Healthcare Products, Inc.
- 365 Healthcare
- Barber Healthcare Limited
- Akzenta International SA
- Aurelia Gloves, A Division of Supermax
- AlboLand Srl
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 503 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3.6 Billion |
| Forecasted Market Value (USD) by 2030 | $7.2 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Pandemic Results in Unabated Shortage of Medical Gloves despite Capacity Expansions
- US Domestic Supply Falls Short to Meet Demand
- Unleashing of Pent-Up Elective Surgery Demand Bodes Well for Surgical Gloves
- Cumulative Surgery Cancellations Worldwide (In Million)
- Prominent Factors Responsible for Soaring Prices of Gloves
- Average Selling Prices (ASP) of Gloves: 2Q2020 to 1Q2021
- Price Spree Enjoyed by Gloves to Subside Gradually
- Influencer Market Insights
- World Market Trajectories
- Surgical Gloves - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Landscape
- Top Four Gloves Manufacturers Worldwide by Capacity in Billion Pieces
- Top Glove Corporation's Glove Product Mix (FY 2021): Breakdown of Sales Revenue by Product Type
- Surgical Gloves Competitor Market Share Scenario Worldwide (in %): 2022E
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Surgical Gloves: A Prelude
- Outlook: Surgical Gloves Market Posts Healthy Growth as Demand Continues Skewing Upside
- Emerging Markets to Drive Opportunities
- Global Medical Nitrile Gloves Market Endows Brighter Opportunities
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Recent Market Activity
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growth in Number of Surgical Procedures to Propel Demand
- Growth in the Number of Surgeries in the US (2010-2025) and 001-2010 (in %)
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Hospital Acquired Infections Offer Notable Boost to Market
- Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost from Leading Five Infections
- Surgical Site Infections Per 100 Procedures for the Period 2014-2018
- Implementation of 'Double Gloving Practice Spurs Growth Opportunities
- Rise in Cosmetic & Plastic Surgery Volumes Boost Prospects
- Global Volume of Surgical Procedures (in Million) by Category: 2019
- Industry Increasingly Shifts to Powder-Free Gloves Led by Issues with Powdered Surgical Gloves
- Sustainability Emerges as Prominent Buzzword in Surgical Gloves Space
- Manufacturers Remain Inclined on Development of Innovative Gloves
- Surgical Gloves: Shaped by Comfort, Fit & Barrier Protection
- Industry Focuses on New Surgical Gloves to Mitigate Risk of Allergic Contact Dermatitis
- Popularity of Ambulatory Surgical Centers Surges Demand for Surgical Gloves
- Improving Healthcare Expenditure Turbo Charges Demand
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Rising Cases of Chronic Wounds Augment Growth Opportunities
- Prevalence of Chronic Wounds: Select Statistics
- Increase in Number of Medical Professionals Drive Growth in Market
- Focus Grows on Addressing Issues Related to Durability of Gloves
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/nrm7dj
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