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 play a vital role in preventing cross-contamination during surgical procedures, providing a barrier between the healthcare professional and the patient. The growing emphasis on infection control and safety measures in healthcare settings is driving the demand for surgical gloves. However, the market faces challenges such as raw material shortages and high pricing, which may hinder its growth.
Market Key Trends:
One key trend in the Surgical Gloves Market is the increasing adoption of synthetic gloves. Synthetic gloves are made from materials like nitrile and neoprene, which offer superior puncture resistance and protection against various chemicals. These gloves are becoming popular due to their low risk of latex allergies and are preferred by healthcare professionals. For example, MRK Healthcare Pvt. Ltd. offers synthetic surgical gloves that provide the necessary protection while minimizing the risk of latex allergies.
The Surgical Gloves Market is segmented based on the type of gloves, namely latex gloves, nitrile gloves, and neoprene gloves. Among these segments, nitrile gloves dominate the market due to their advantages over latex gloves. Nitrile gloves offer excellent puncture resistance, chemical resistance, and durability compared to latex gloves. These properties make them ideal for use in surgical procedures, resulting in their high demand. Key players like Amigo Surgicare Pvt. Ltd. and Asma Rubber Products Pvt. Ltd. offer a wide range of nitrile gloves to cater to the growing demand.
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 emphasis on infection control and safety measures in healthcare settings.
In terms of regional analysis, North America is expected to be the fastest-growing and dominating region in the Surgical Gloves Market. The region has a well-established healthcare infrastructure and stringent regulations regarding infection control, driving the demand for surgical gloves.
Key players operating in the global Surgical Gloves Market are 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 focus on product innovation, strategic collaborations, and mergers to strengthen their market position and cater to the increasing demand for surgical gloves.
In conclusion, the Surgical Gloves Market is expected to witness significant growth in the coming years due to the increasing demand for infection control and safety measures in the healthcare industry. The adoption of synthetic gloves and the dominance of nitrile gloves in the market are key trends driving market growth. North America is projected to be the fastest-growing region, while key players continue to invest in innovation and partnerships to meet the rising demand for surgical gloves.