Surgical Gloves Market to Reach $ 3.7 Billion by 2025
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Growing number of medical establishments across the globe to drive global surgical gloves market
According to TechSci Research report, “Global Surgical Gloves Market By Type, By Origin, By Distribution Channel, By Form, By Application, By Region, Competition, Forecast & Opportunities, 2025”, the global surgical gloves market is forecast to grow from an estimated $ 2.6 billion in 2020 to $ 3.7 billion by 2025 on account of increasing geriatric population suffering from various chronic diseases such as cancer, cardiovascular disorders, renal disorders, general procedures, among others. This has drastically increased the patient pool and surgical procedures for these diseases, which in turn is expected to positively impact the market growth during forecast period. The surgical gloves act as a protective barrier for surgeons and nurses and prevent possible transmission of diseases or pathogens. Additionally, increasing use of surgical gloves in examination activities is further expected to propel the market over next few years. However, strict regulatory guidelines might hamper the growth of market over next few years. Additionally, cost is another factor which might pose a challenge to the market growth.
Browse 163 market data Figures spread through 130 Pages and an in-depth TOC on"Global Surgical Gloves Market"
The global surgical gloves market is segmented based on type, origin, distribution channel, form, application, and region. Based on type, the market can be categorized into latex gloves, neoprene gloves, polyisoprene gloves, nitrile gloves and others. The latex gloves segment is expected to dominate the market during forecast period on account of their flexibility, high level of performance and cost effectiveness. Additionally, these gloves properly fit over the skin, are touch sensitive, comfortable and can be worn for long durations. Furthermore, they can be easily disposed since they are biodegradable. On the other hand, the nitrile gloves segment is anticipated to grow significantly during forecast period since they are made up of natural rubber and provide best protection against viruses and any other contagions. Based on application, the market can be divided into hospital and non-hospital. The non-hospital segment is expected to witness significant growth over the next few years. This can be accredited to increasing healthcare awareness and growing employee safety & sanitary conditions in various industries and factories. Additionally, strict government regulations for use of these gloves, especially in the chemical industry, is further anticipated to fuel the market until 2025.
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Top Glove Corporation Bhd, Supermax Corporation Berhad, Semperit AG Holding, Cardinal Health, Ansell Healthcare, Shangdong Yuyuan Latex Gloves, Sara Healthcare Pvt. Ltd, Hartalega Holdings Berhad, Kanam Latex Industries Pvt. Ltd, Mölnlycke Health Care AB, MOTEX Group, Kurian Abraham Private Limited (KAPL), Asma Rubber Products Pvt. Ltd., etc., are some of the leading players operating in global surgical gloves market. “North America is expected to dominate the global surgical gloves market during the forecast period, with APAC forecast to witness faster growth and thereby replace Europe as the second largest regional market by 2025. Additionally, the sudden outbreak of pandemic COVID-19 is expected to propel the market over the next few years. Furthermore, increasing surgical procedures and rise in R&D activities, especially in Japan, are further anticipated to positively impact the growth of market through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Surgical Gloves Market By Type, By Origin, By Distribution Channel, By Form, By Application, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global surgical gloves market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global surgical gloves market.
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Created on Jul 19th 2021 08:05. Viewed 71 times.