Surgical Gloves Market Size, Trends and Growth Analysis by 2027

The Surgical Gloves Market was valued at approximately US$ 2,292.03 million in 2019 and is anticipated to grow to US$ 5,028.07 million by 2027, reflecting a compound annual growth rate (CAGR) of 10.3% from 2020 to 2027.

The expansion of the Surgical Gloves market can be primarily attributed to the increasing number of surgical procedures globally, alongside a rise in healthcare-associated infections. Nevertheless, the market may face challenges due to potential shortages in glove supply throughout the forecast period.
 
Surgical gloves play a crucial role in the healthcare sector by minimizing the risk of contamination between patients and healthcare providers. These gloves are manufactured from various materials, including latex, nitrile rubber, polyisoprene, polyvinyl chloride, and neoprene, among others. They are available in two main types: powdered and powder-free. The powder used in these gloves, which can be cornstarch, lycopodium, or talc, serves to reduce sweating and enhance the ease of donning the gloves. Powder-free gloves are particularly favored in sensitive surgical environments and by individuals with allergies to powder. Additionally, surgical gloves come in a range of sizes, ensuring a precise fit for surgical applications. They are produced to meet high standards of sterility and quality.

According to the report titled ?Heart Disease and Stroke Statistics ? 2020 At-a-Glance?, the United States recorded 605,000 new heart attack cases and 200,000 recurrent cases annually. In 2013, heart attacks and coronary heart disease were among the ten most costly conditions treated in U.S. hospitals, with expenditures of US$ 12.1 billion and US$ 9.0 billion, respectively. Furthermore, recent government data indicates a significant increase in hip replacement surgeries in the U.S., particularly among younger demographics. In 2017, countries such as Germany, Switzerland, Austria, Finland, Luxembourg, and Belgium reported the highest rates of knee and hip replacements, with the OECD noting that 182 individuals per 100,000 population underwent hip replacements, while 135 per 100,000 had knee replacements.

A study published in the British Journal of Surgery in May 2019 highlighted that the average age of patients undergoing surgeries has risen, with the figure increasing from 47.5 years in 1999 to 54.2 years in 2015. Projections suggest that by 2030, over 1.48 million individuals aged 75 and older will undergo surgical procedures annually. This upward trend in surgical interventions is expected to positively influence market growth during the forecast period.

The COVID-19 pandemic has emerged as a significant global challenge, particularly affecting developing nations by disrupting imports and global trade. However, the initial phase of the pandemic saw a surge in demand for surgical gloves due to changing consumer behaviors regarding personal protective equipment (PPE). The necessity for PPE among healthcare workers to combat COVID-19 has prompted the World Health Organization (WHO) to urge governments and industry stakeholders to enhance the production of masks, respirators, gloves, medical gowns, and other essential PPE products.
 
The global Surgical Gloves market is categorized by raw material into latex gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyisoprene gloves, and Biogel gloves. In 2019, latex gloves dominated the market share, primarily due to their elasticity, which is advantageous for glove production. The Biogel gloves segment is projected to experience the highest CAGR during the forecast period.

In terms of usage, the global Surgical Gloves market is divided into disposable and reusable categories. The disposable segment held the largest market share in 2019 and is expected to continue leading with the highest CAGR in the coming years.
The market is also segmented by distribution channel into retail, medical stores, and online platforms. The retail segment accounted for the largest share in 2019, but the online segment is forecasted to achieve the highest growth rate during the forecast period.

By end user, the surgical gloves market is segmented into hospitals and clinics, ambulatory surgery centers, and other facilities. Hospitals and clinics represented the largest market share in 2019, and this segment is anticipated to register the highest CAGR in the future.

Key sources for this report include the Centers for Disease Control and Prevention, World Health Organization, National Health Service, Food and Drug Administration, Clinical Commissioning Groups, and the British Journal of Surgery.