Synthetic Surgical Glove Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material (Polyisoprene (PI), Neoprene, Nitrile), By End-User (Hospitals, Medical Centers, Ambulatory Surgery Centers, Others), And By Geography - Forecasts From 2022 To 2027

Published:  Mar 2022 Report Code: KSI061612172 Pages: 114

The synthetic surgical glove market is projected to witness a CAGR of 9.12% during the forecast period to reach a total market size of US$2,786.603 million by 2027, increasing from US$1512.671 million in 2020. Synthetic surgical gloves are disposable gloves composed of synthetic polymers such as nitrile and neoprene that are used in operations to protect both the patient and the surgeon against contamination.

Market Drivers

The growing prevalence of chronic diseases and changes in the lifestyle around the globe are considered the key drivers for the growth of the synthetic surgical glove market. Another key factor is the growing latex allergy amongst healthcare workers. The allergy can cause severe discomfort, not just to the healthcare giver but also to the patients. The use of synthetic surgical gloves reduces the chances of developing allergies. The use of synthetic gloves is advantageous as they are more resistant to friction and low wear than other gloves. Growth Factors

  • Patient numbers are increasing.

The increasing prevalence of chronic diseases such as cardiovascular disease, diabetes, and cancer, amongst others, has led to an increase in the number of patients. According to the world health organization (who), 71% of all deaths are due to non-communicable diseases (NCD). Apart from this, cardiovascular diseases (CVD) are the leading cause of death globally. Around 32% of the global deaths are due to CVD. Moreover, rising cancer, respiratory diseases, and diabetes are some other non-communicable diseases due to which the number of patients has increased. According to who, these diseases contribute to 9.3 million, 4.1 million, and 1.5 million deaths, respectively. Moreover, the rising old age population is adding to the growing member of patients. Countries like Japan, Germany, Italy, and France amongst others, have a high percentage of people with age above 65. Further, the rising advent of medical tourism is also adding to the growth in the amount of surgery.  

  • Growing latex allergy among healthcare workers

The growing increase in latex allergy amongst healthcare workers is a major driving factor for the synthetic surgical glove market, globally. Even though latex gloves are successful in avoiding the spread of various infectious diseases among healthcare workers, latex exposure can cause allergic reactions. It can develop rashes, redness, itching, swelling, eczema, and blisters on contacting latex. It is also observed that due to increased regular exposure to latex, there is a high risk of developing latex allergy. In recent years, there has been an increase in the number of documented occurrences of such responses across the healthcare industry. Natural rubber latex sensitization affects 8-17 percent of healthcare professionals in the United States, according to the American Latex Allergy Association. As a result, several hospitals throughout the world have begun to use synthetic (non-latex) medical gloves.

Restraints

  • The cost of raw materials

Raw materials account for the major cost of synthetic surgical gloves. Raw materials such as nitrite are used in the manufacturing of the product. Nitrite is a synthetic rubber that is developed from an Acrylonitrile Butadiene copolymer. The material is a substitute for natural rubber and has similar properties to latex. The raw material used is also to eliminate the risk of allergy. The price of gloves depends on the raw material, such as nitrite. The quality of the raw material cannot be hampered as it will impact the strength, thickness, flexibility, durability, and infection transmission; ruining the purpose of wearing gloves. The industry also has strict regulations laid down by authorities to keep in check the quality of the gloves.

COVID–19's Impact on the Synthetic Surgical Glove Market: The coronavirus pandemic positively impacted the synthetic surgical glove market. With the outbreak of the virus and restrictions, non-essential surgeries were avoided by both hospitals and clinics, and patients in fear of the spread of the virus. Patients with cardiovascular disease, diabetes, and autoimmune disease, amongst others, were at high risk due to the coronavirus. Patients with high risk preferred to stay home in quarantine to avoid further risk. Since surgical gloves prevent any infection from passing through, they are used as a precautionary measure, especially by high-risk patients. With the increase in COVID-19 patients, the demand for gloves also increased.

Synthetic Surgical Glove Market Scope:

Report Metric Details
 Market size value in 2020  US$1512.671 million
 Market size value in 2027  US$2,786.603 million
 Growth Rate  CAGR of 9.12% from 2020 to 2027
 Base year  2020
 Forecast period  2022–2027
 Forecast Unit (Value)  USD Million
 Segments covered  Material, End-User, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Cardinal Health, Inc., ANSELL LTD., Medline Industries, Inc., Top Glove Corporation Bhd, Sempermed USA, Inc., Budev BV, Kossan Rubber Industries Bhd, Hartalega Holdings Berhad, Supermax Healthcare, Inc., Primus Gloves Pvt Ltd.
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Material
    • Polyisoprene (PI)
    • Neoprene
    • Nitrile
  • By End-User
    • Hospitals
    • Medical Centers
    • Ambulatory Surgical Centers
  •  By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the synthetic surgical glove market size by 2027?
A1. The synthetic surgical glove market is projected to reach a market size of US$2,786.603 million by 2027. 


Q2. What is the size of the global synthetic surgical glove market?
A2. Synthetic Surgical Glove Market was valued at US$1512.671 million in 2020.  


Q3. What are the growth prospects for the synthetic surgical glove market?
A3. The global synthetic surgical glove market is projected to witness a CAGR of 9.12% over the forecast period. 


Q4. What factors are anticipated to drive the synthetic surgical glove market growth?
A4. The growing prevalence of chronic diseases and change in lifestyle around the globe is considered as the key driver for the growth of the synthetic surgical glove market.


Q5. How is the global synthetic surgical glove market segmented?
A5. The synthetic surgical glove market has been segmented by material, end-user, and geography.

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation

2. RESEARCH METHODOLOGY  
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. SYNTHETIC SURGICAL GLOVE MARKET, BY MATERIAL 
5.1. Introduction 
5.2. Polyisoprene (PI)
5.3. Neoprene
5.4. Nitrile

6. SYNTHETIC SURGICAL GLOVE MARKET, BY END-USER
6.1. Introduction
6.2. Hospitals and Clinics
6.3. Ambulatory Surgery Centres

7. SYNTHETIC SURGICAL GLOVE MARKET, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. United Kingdom 
7.4.2. Germany
7.4.3. France
7.4.4. Spain 
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. Israel
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. South Korea
7.6.4. India
7.6.5. Others

8. COMPETITIVE INTELLIGENCE
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES
9.1. Cardinal Health, Inc.
9.2. ANSELL Ltd.
9.3. Medline Industries, Inc.
9.4. Top Glove Corporation Bhd.
9.5. Sempermed USA, Inc.
9.6. Budev BV
9.7. Kossan Rubber Industries Bhd.
9.8. Hartalega Holdings Berhad
9.9. Supermax Healthcare, Inc.
9.10. Primus Gloves Pvt Ltd.

Cardinal Health, Inc.

ANSELL LTD.

Medline Industries, Inc.

Top Glove Corporation Bhd

Sempermed USA, Inc.

Budev BV

Kossan Rubber Industries Bhd

Hartalega Holdings Berhad

Supermax Healthcare, Inc.

.Primus Gloves Pvt Ltd.

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