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The global Examination and Surgical Gloves Market is expected to grow on an enormous note In Upcoming Years. The industry, in all, is slated to witness an insight-driven revolution, which would, in turn, open the doors for efficient and effective solutions. These insights would be backed by digital tech catalysis, right from making use of consumers’ data for understanding their preferences to getting those customized solutions at the right time. This trend is expected to take the domains to a new level altogether.
The use of examination and surgical gloves has increased due to rising awareness among healthcare workers regarding hygiene and health. Additionally, increasing risk of infections during surgeries and maternity care as well as hospital-acquired infections has led to the growing demand for surgical gloves. The advent of minimally-invasive surgeries has fueled the demand for examination and surgical gloves among different end users, such as hospitals, office-based clinics, skilled nursing facilities, and diagnostic laboratories. With the growing elderly population, the incidence of infections and surgeries has increased tremendously. The demand for disposable gloves is being driven by their low cost when compared to reusable gloves.
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According to the latest report published by PMR, the global examination and surgical gloves market is projected to account for over US$ 13 Bn, in terms of value, by 2030-end. The report further projects that, the examination and surgical gloves market will expand at a CAGR of around 8% through 2030.
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Key Takeaways from Examination and Surgical Gloves Market Study
“Rising number of surgeries performed globally and increasing number of infectious disease are expected to propel the growth of the target market over the forecast period,” says a PMR analyst.
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Acquisitions & Partnerships – Key Strategies of Market Players
Key players in the examination and surgical gloves market are focussed on strengthening their market position though the launch of new products and services. For instance, in 2019, Medline ramped up its production of isolex polyisoprene with the launch of new surgical gloves. In 2019, Trojan released new ‘Bare Skin’ surgical gloves. Various players in the examination and surgical gloves market are focusing on growth strategies such as acquisitions and partnerships. For example, in 2020, Medline acquired Médi-Sélect in Quebec, a leading distributor of surgical gloves in Canada.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the examination and surgical gloves market in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030, on the basis of product (examination gloves, surgical gloves), usage (single use, reusable), raw material (natural rubber, nitrile rubber, polyvinyl chloride, polyurethane), and distribution channel (institutional sale, retail sales), across seven key regions.
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