The synthetic surgical glove market was valued at US$1,033.226 million in 2018 and is anticipated to grow at a CAGR of 7.27% during the period 2018-2024. Synthetic surgical gloves are disposable gloves made out of synthesized polymers like nitrile, neoprene to be used in surgeries to prevent any kind of contamination to either the patient or the surgeon. The market for synthetic gloves are primarily driven by the increasing cases of allergic reactions due to latex material. As a result, a number of players are introducing latex free surgical gloves, especially made from nitrile., which is providing the necessary impetus to the synthetic surgical glove market growth. However, the problems like lower elasticity as compared to latex and availability of substitutes will limit the demand for these gloves. The North American and European regions hold substantial share in the market due to high investment and development in the healthcare industry. The Asia Pacific region will see substantial growth opportunities due to rising expenditure in the healthcare segment in developing economics such as India, China, and South Korea, among others.
The Synthetic Surgical Glove Market – Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by material, end-user, and geography.
The synthetic surgical glove market has been segmented based on end-user, and geography. By material, the market has been classified as polyisoprene, neoprene, and nitrile. By end-user, the market has been segmented into hospitals, medical centers, and ambulatory surgical centers.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the synthetic surgical glove market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the synthetic surgical glove market.
Ambulatory Surgical Centers
Middle East and Africa
Frequently Asked Questions (FAQs)
Q1. What are the growth prospects for synthetic surgical glove market?
A1. The synthetic surgical glove market is anticipated to grow at a CAGR of 7.27% over the forecast period.
Q2. What is the size of global synthetic surgical glove market?
A2. Synthetic Surgical Glove market was valued at US$1,033.226 million in 2018.
Q3. How is the synthetic surgical glove market segmented?
A3. The synthetic surgical glove market has been segmented based on material, end-user, and geography.
Q4. Which region holds the largest market share in the synthetic surgical glove market?
A4. The North American and European regions hold a substantial share in the synthetic surgical glove market due to high investment and development in the healthcare industry.
Q5. What factors are anticipated to drive the synthetic surgical glove market growth?
A5. The synthetic surgical glove market is primarily driven by the increasing cases of allergic reactions due to latex material.