The global Surgical Gloves Market is estimated to be valued at US$ 116.9 million in 2022 and is expected to exhibit a CAGR of 7.5% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.
Surgical gloves are an essential part of healthcare settings, used by healthcare professionals during surgical procedures to protect themselves and patients from potential infections. These gloves are primarily made of latex, nitrile, or neoprene materials and provide a protective barrier against pathogens and other contaminants. The market for surgical gloves is witnessing significant growth due to the increasing emphasis on safety measures in the healthcare industry and the rising incidences of hospital-acquired infections.
The market dynamics of the global Surgical Gloves market can be attributed to two main drivers, namely increasing safety measures and rising incidences of hospital-acquired infections.
Increasing Safety Measures:
The healthcare industry is placing a strong emphasis on safety measures to prevent the spread of infections. Surgical gloves play a crucial role in maintaining a sterile environment during surgical procedures, protecting healthcare professionals, and reducing the risk of cross-contamination. The increasing awareness regarding the importance of maintaining hygiene and infection control practices is driving the demand for surgical gloves.
For example, the COVID-19 pandemic has significantly heightened the focus on infection prevention and control. This has led to an increased adoption of surgical gloves globally, as healthcare facilities strive to maintain a safe environment for patients and healthcare workers.
Rising Incidences of Hospital-Acquired Infections:
Hospital-acquired infections, also known as nosocomial infections, are infections that patients acquire during their stay in healthcare facilities. These infections can lead to prolonged hospital stays, increased healthcare costs, and even mortality. Surgical gloves act as a barrier against pathogens, reducing the risk of hospital-acquired infections.
The rising incidences of hospital-acquired infections have prompted healthcare facilities to implement stricter infection control protocols, including the use of high-quality surgical gloves. This has propelled the demand for surgical gloves in healthcare settings worldwide.
The surgical gloves market can be segmented based on material type, which includes latex, nitrile, neoprene, and others. Among these segments, latex gloves are currently dominating the market due to their superior tactile sensitivity, comfort, and cost-effectiveness. However, the nitrile gloves segment is expected to witness high growth in the coming years due to the increasing preference for latex-free alternatives and their resistance to punctures and chemicals.
Political: The political landscape influences the regulations and policies related to the healthcare industry, including the use of surgical gloves. Government initiatives promoting hygiene and infection control in healthcare settings can drive the demand for surgical gloves.
Economic: Economic factors such as healthcare expenditure and healthcare infrastructure development play a crucial role in the market growth of surgical gloves. Countries with a growing healthcare sector and increasing disposable income contribute to the demand for surgical gloves.
Social: The growing awareness of healthcare-associated infections and the importance of infection prevention measures among healthcare professionals and patients is driving the adoption of surgical gloves.
Technological: Technological advancements in glove manufacturing processes and materials are resulting in the development of gloves with improved sensitivity, durability, and resistance to chemicals and pathogens. These advancements are driving the growth of the surgical gloves market.
The global India Surgical Gloves Market Growth is expected to witness high growth, exhibiting a CAGR of 7.5% over the forecast period, due to increasing safety measures and rising incidences of hospital-acquired infections.
Regionally, North America is expected to dominate the surgical gloves market, driven by the high healthcare expenditure and stringent safety regulations in the region.
Key players operating in the global surgical gloves market include SARAHEALTH SARE, MRK Healthcare Pvt. Ltd., Amkay Products Pvt. Ltd., JIT & JIT, Kanam Latex Industries Pvt. Ltd., RFB Latex Limited, Safeshield Gloves, Amigo Surgicare Pvt. Ltd., Asma Rubber Products Pvt. Ltd., Narang Medical Limited, Phoenix Medical Technologies & Imports, Manglam Medikits Private Limited, and VLHS. These players are focusing on product innovations, mergers and acquisitions, and expanding their global presence to strengthen their market position.