Global Surgical Gloves Growth Opportunities

Personal Protective Equipment Global Surgical Gloves Growth Opportunities

Increased Healthcare Spending to Boost the Future Growth Potential of the Surgical Gloves Market


RELEASE DATE
31-Mar-2022
REGION
North America
DELIVERABLE TYPE
Market Research

RESEARCH CODE
K6F9-01-00-00-00
SKU
PP00218-NA-MT_26428
Yes
SHARE
$4,950.00
In stock
SKU
PP00218-NA-MT_26428

Global Surgical Gloves Growth Opportunities
Published on: 31-Mar-2022 | SKU: PP00218-NA-MT_26428

Need more details?
$4,950.00
DownloadLink
Need more details?

The global surgical gloves market generated $2.24 billion in revenue in 2021. An increase in healthcare budgets and a rise in the number of surgical procedures is expected to drive the market revenue to $3.43 billion at a CAGR of 8.9% between 2021 and 2026. The market will also be driven by the increased adoption of eco-friendly and biodegradable products.

The surgical gloves market is fiercely competitive and dominated by global players like Ansell, Cardinal Health, Mölnlycke Health Care, Semperit AG Holding, and Medline Industries Ltd. Stringent regulatory norms and an expected increase in the demand for surgical gloves in the coming years opens up potential M&A opportunities for larger manufacturers to remain viable in this highly competitive space.

The latex surgical glove segment generated $1.06 billion in revenue in 2021 and is expected to grow to $1.43 billion by 2026. The powder-free latex surgical gloves sub-segment is expected to witness a growth of 6.4% between 2021 and 2026, reaching $1.26 billion. The growth of latex gloves is expected to be driven by price-sensitive markets such as China and India. Similarly, the synthetic surgical gloves segment is expected to witness an 11.2% CAGR between 2021 and 2026 to reach $2.00 billion, driven by an increased concern and awareness about latex allergies. In the synthetic gloves segment, the polyisoprene gloves segment is expected to reach $1.48 billion at an 11.6% CAGR between 2021 and 2026.

Author: Anjan Kumar Roy

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Surgical Gloves Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Key Findings

Scope of Analysis

Market Segmentation

Forecast Assumptions

Key Growth Metrics

Value Chain

Value Chain Analysis

Growth Drivers

Growth Restraints

Healthcare Spending Per Capita

Medical Doctors and Nurses

Key Competitors

Key Competitors (continued)

Key Competitors (continued)

Regulatory Guidelines

Regulatory Guidelines (continued)

Impact of COVID-19 on Surgical Caseload Trends

Global Production Capacity and Supply

Market Trends

Market Trends (continued)

Market Trends (continued)

Market Trends (continued)

Market Trends (continued)

Market Trends (continued)

Pricing Trends

Methods of Sterilization

Advantages/Disadvantages of Latex Surgical Gloves

Advantages/Disadvantages of Synthetic Surgical Gloves

Revenue and Unit Shipment Forecast

YoY Revenue Growth Rate

Pricing Trends and Forecast Analysis

Revenue Forecast Analysis

Percent Revenue Forecast by Product

Revenue Forecast by Product

Revenue Forecast Analysis

Percent Revenue Forecast by Region

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Revenue Forecast Analysis by Region (continued)

Competitive Environment

Competitive Environment Analysis

Top Competitor Brands—Ansell

Top Competitor Brands—Mölnlycke Health Care

Top Competitor Brands—Cardinal Health

Top Competitor Brands—Medline Industries Ltd.

Top Competitor Brands—Semperit AG Holding

Key Growth Metrics

Revenue and Unit Shipment Forecast

YoY Revenue Growth Rate

Revenue Forecast Analysis

Percent Revenue Forecast by Product

Revenue Forecast by Product

Forecast Analysis by Product Type

Percent Revenue Forecast by Product and Region

Percent Revenue Forecast by Region

Revenue Forecast by Region

Forecast Analysis by Region

Competitive Environment

Competitive Environment Analysis

Key Growth Metrics

Revenue and Unit Shipment Forecast

YoY Revenue Growth Rate

Revenue Forecast Analysis

Percent Revenue Forecast by Product

Revenue Forecast by Product

Forecast Analysis by Product Type

Percent Revenue Forecast by Product and Region

Percent Revenue Forecast by Region

Revenue Forecast by Region

Forecast Analysis by Region

Competitive Environment

Competitive Environment Analysis

Growth Opportunity 1: Increased Investment in Biodegradable and Eco-friendly Gloves

Growth Opportunity 1: Increased Investment in Biodegradable and Eco-friendly Gloves (continued)

Growth Opportunity 2: Increased Production and Diversification of Supplier Base

Growth Opportunity 2: Increased Production and Diversification of Supplier Base (continued)

Growth Opportunity 3: Future Sustenance through Focus on Product Development

Growth Opportunity 3: Future Sustenance through Focus on Product Development (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

List of Figures
  • Surgical Gloves: Key Growth Metrics, Global, 2021
  • Surgical Gloves: Value Chain Structure,* Global, 2021
  • Surgical Gloves: Growth Drivers, Global, 2022–2026
  • Surgical Gloves: Growth Restraints, Global, 2022–2026
  • Surgical Gloves: Healthcare Spending Per Capita, Select Countries, 2019
  • Surgical Gloves: Number of Medical Doctors and Nurses, Select Countries, 2020
  • Surgical Gloves: Partial List of Manufacturers by Product Type, Global, 2021
  • Surgical Gloves: AQL Standards, Global, 2021
  • Surgical Gloves: Standards, Global, 2021
  • Rubber Surgical Gloves Export From Malaysia, Share by Countries, September 2020
  • Surgical Gloves: Method of Sterilization, Global, 2021
  • Surgical Gloves: Advantages and Disadvantages of Latex Surgical Gloves, Global, 2021
  • Surgical Gloves: Advantages and Disadvantages Synthetic Surgical Gloves, Global, 2021
  • Surgical Gloves: Revenue and Unit Shipment/Volume Forecast, Global, 2018–2026
  • Surgical Gloves: YoY Revenue Growth Rate, Global, 2019–2026
  • Surgical Gloves: Average Selling Price Forecast, Global, 2018–2026
  • Surgical Gloves: Percent Revenue by Product, Global, 2021
  • Surgical Gloves: Percent Revenue Forecast by Product, Global, 2026
  • Surgical Gloves: Revenue Forecast by Product, Global, 2018–2026
  • Surgical Gloves: Percent Revenue by Region, Global, 2021
  • Surgical Gloves: Percent Revenue Forecast by Region, Global, 2026
  • Surgical Gloves: Revenue Forecast by Region, Global, 2018–2026
  • Surgical Gloves: Competitive Environment, Global, 2021
  • Latex Surgical Gloves Segment: Key Growth Metrics, Global, 2021
  • Latex Surgical Gloves Segment: Revenue and Unit Shipment Forecast, Global, 2018–2026
  • Latex Surgical Gloves Segment: YoY Revenue Growth Rate, Global, 2019–2026
  • Latex Surgical Gloves Segment: Percent Revenue by Product, Global, 2021
  • Latex Surgical Gloves Segment: Percent Revenue Forecast by Product, Global, 2026
  • Latex Surgical Gloves Segment: Revenue Forecast By Product, Global, 2018–2026
  • Latex Surgical Gloves Segment: Percent Revenue by Product, North America, 2021
  • Latex Surgical Gloves Segment: Percent Revenue by Product, Europe, 2021
  • Latex Surgical Gloves Segment: Percent Revenue by Product, ROW, 2021
  • Latex Surgical Gloves Segment: Percent Revenue by Region, Global, 2021
  • Latex Surgical Gloves Segment: Percent Revenue Forecast by Region, Global, 2026
  • Latex Surgical Gloves Segment: Revenue Forecast by Region, Global, 2018–2026
  • Latex Surgical Gloves Segment: Competitive Environment, Global, 2021
  • Synthetic Surgical Gloves Segment: Key Growth Metrics, Global, 2021
  • Synthetic Surgical Gloves Segment: Revenue and Unit Shipment Forecast, Global, 2018–2026
  • Synthetic Surgical Gloves Segment: YoY Revenue Growth Rate, Global, 2019–2026
  • Synthetic Surgical Gloves Segment: Percent Revenue by Product, Global, 2021
  • Synthetic Surgical Gloves Segment: Percent Revenue Forecast by Product, Global, 2026
  • Synthetic Surgical Gloves Segment: Revenue Forecast By Product, Global, 2018–2026
  • Synthetic Surgical Gloves Segment: Percent Revenue by Product, North America, 2021
  • Synthetic Surgical Gloves Segment: Percent Revenue by Product, Europe, 2021
  • Synthetic Surgical Gloves Segment: Percent Revenue by Product, ROW, 2021
  • Synthetic Surgical Gloves Segment: Percent Revenue by Region, Global, 2021
  • Synthetic Surgical Gloves Segment: Percent Revenue Forecast by Country, Global, 2026
  • Synthetic Surgical Gloves Segment: Revenue Forecast by Region, Global, 2018–2026
  • Synthetic Surgical Gloves Segment: Competitive Environment, Global, 2021

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related Personal Protective Equipment research

20 May 2024   |   Global   |   Market Research

Indian Personal Protective Equipment Growth Opportunities

The Indian PPE industry generated $2,345.6 million in revenue in 2023. The market is expected to witness high growth owing to the strong performance of the end-use industries and the increase in safety awareness among end customers. The lucrative prospects of the PPE industry in India are leading gl...

27 Feb 2024   |   Global   |   Market Research

Rest of the World Firefighter PPE Growth Opportunities

The rest of the world (RoW) firefighting PPE market generated revenue of 802.8 million in 2023. Firefighters wrestle with occupational hazards, such as physical, electrical, heat, chemicals, biohazards, and airborne particulate matter. PPE safeguards firefighters against contaminants, debris, fire/...

20 Feb 2024   |   Global   |   Market Research

Top 10 Growth Opportunities in Personal Protective Equipment, 2024

Personal protective equipment (PPE) is a growing and lucrative industry globally. As the PPE industry struggles with pricing pressures, growing inflation, and global economic uncertainty, successful stakeholders offer strategic product differentiation by adapting their products to changing consum...

31 Jan 2024   |   Europe   |   Market Research

Western European Construction PPE Growth Opportunities

The Western Europe construction PPE market generated 1,579.2 million in revenue in 2023. Increased demand from the fall protection PPE segment is forecast to drive market growth during the forecast period. The hand protection PPE segment accounted for the largest market share, with the number of sm...

12 Dec 2023   |   Europe   |   Market Research

Western European Firefighter PPE Growth Opportunities

The Western European firefighting PPE market generated 506.7 million in 2023. Increased incidences of fires year over year and the surge in fire-related fatalities will drive the growth of firefighter PPE such as turnout gear, gloves, boots, SCBA, and helmets, which provide thermal and respiratory ...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

The global surgical gloves market generated $2.24 billion in revenue in 2021. An increase in healthcare budgets and a rise in the number of surgical procedures is expected to drive the market revenue to $3.43 billion at a CAGR of 8.9% between 2021 and 2026. The market will also be driven by the increased adoption of eco-friendly and biodegradable products. The surgical gloves market is fiercely competitive and dominated by global players like Ansell, Cardinal Health, Mölnlycke Health Care, Semperit AG Holding, and Medline Industries Ltd. Stringent regulatory norms and an expected increase in the demand for surgical gloves in the coming years opens up potential M&A opportunities for larger manufacturers to remain viable in this highly competitive space. The latex surgical glove segment generated $1.06 billion in revenue in 2021 and is expected to grow to $1.43 billion by 2026. The powder-free latex surgical gloves sub-segment is expected to witness a growth of 6.4% between 2021 and 2026, reaching $1.26 billion. The growth of latex gloves is expected to be driven by price-sensitive markets such as China and India. Similarly, the synthetic surgical gloves segment is expected to witness an 11.2% CAGR between 2021 and 2026 to reach $2.00 billion, driven by an increased concern and awareness about latex allergies. In the synthetic gloves segment, the polyisoprene gloves segment is expected to reach $1.48 billion at an 11.6% CAGR between 2021 and 2026. Author: Anjan Kumar Roy
More Information
Deliverable Type Market Research
Author Anjan Kumar Roy
GPS Codes 9100-A2,9946-A2,9310,9595
Industries Personal Protective Equipment
No Index No
Is Prebook No
List of Charts and Figures Surgical Gloves: Key Growth Metrics, Global, 2021~ Surgical Gloves: Value Chain Structure,* Global, 2021~ Surgical Gloves: Growth Drivers, Global, 2022–2026~ Surgical Gloves: Growth Restraints, Global, 2022–2026~ Surgical Gloves: Healthcare Spending Per Capita, Select Countries, 2019~ Surgical Gloves: Number of Medical Doctors and Nurses, Select Countries, 2020~ Surgical Gloves: Partial List of Manufacturers by Product Type, Global, 2021~ Surgical Gloves: AQL Standards, Global, 2021~ Surgical Gloves: Standards, Global, 2021~ Rubber Surgical Gloves Export From Malaysia, Share by Countries, September 2020~ Surgical Gloves: Method of Sterilization, Global, 2021~ Surgical Gloves: Advantages and Disadvantages of Latex Surgical Gloves, Global, 2021~ Surgical Gloves: Advantages and Disadvantages Synthetic Surgical Gloves, Global, 2021~ Surgical Gloves: Revenue and Unit Shipment/Volume Forecast, Global, 2018–2026~ Surgical Gloves: YoY Revenue Growth Rate, Global, 2019–2026~ Surgical Gloves: Average Selling Price Forecast, Global, 2018–2026~ Surgical Gloves: Percent Revenue by Product, Global, 2021~ Surgical Gloves: Percent Revenue Forecast by Product, Global, 2026~ Surgical Gloves: Revenue Forecast by Product, Global, 2018–2026~ Surgical Gloves: Percent Revenue by Region, Global, 2021~ Surgical Gloves: Percent Revenue Forecast by Region, Global, 2026~ Surgical Gloves: Revenue Forecast by Region, Global, 2018–2026~ Surgical Gloves: Competitive Environment, Global, 2021~ Latex Surgical Gloves Segment: Key Growth Metrics, Global, 2021~ Latex Surgical Gloves Segment: Revenue and Unit Shipment Forecast, Global, 2018–2026~ Latex Surgical Gloves Segment: YoY Revenue Growth Rate, Global, 2019–2026~ Latex Surgical Gloves Segment: Percent Revenue by Product, Global, 2021~ Latex Surgical Gloves Segment: Percent Revenue Forecast by Product, Global, 2026~ Latex Surgical Gloves Segment: Revenue Forecast By Product, Global, 2018–2026~ Latex Surgical Gloves Segment: Percent Revenue by Product, North America, 2021~ Latex Surgical Gloves Segment: Percent Revenue by Product, Europe, 2021~ Latex Surgical Gloves Segment: Percent Revenue by Product, ROW, 2021~ Latex Surgical Gloves Segment: Percent Revenue by Region, Global, 2021~ Latex Surgical Gloves Segment: Percent Revenue Forecast by Region, Global, 2026~ Latex Surgical Gloves Segment: Revenue Forecast by Region, Global, 2018–2026~ Latex Surgical Gloves Segment: Competitive Environment, Global, 2021~ Synthetic Surgical Gloves Segment: Key Growth Metrics, Global, 2021~ Synthetic Surgical Gloves Segment: Revenue and Unit Shipment Forecast, Global, 2018–2026~ Synthetic Surgical Gloves Segment: YoY Revenue Growth Rate, Global, 2019–2026~ Synthetic Surgical Gloves Segment: Percent Revenue by Product, Global, 2021~ Synthetic Surgical Gloves Segment: Percent Revenue Forecast by Product, Global, 2026~ Synthetic Surgical Gloves Segment: Revenue Forecast By Product, Global, 2018–2026~ Synthetic Surgical Gloves Segment: Percent Revenue by Product, North America, 2021~ Synthetic Surgical Gloves Segment: Percent Revenue by Product, Europe, 2021~ Synthetic Surgical Gloves Segment: Percent Revenue by Product, ROW, 2021~ Synthetic Surgical Gloves Segment: Percent Revenue by Region, Global, 2021~ Synthetic Surgical Gloves Segment: Percent Revenue Forecast by Country, Global, 2026~ Synthetic Surgical Gloves Segment: Revenue Forecast by Region, Global, 2018–2026~ Synthetic Surgical Gloves Segment: Competitive Environment, Global, 2021~
Podcast No
WIP Number K6F9-01-00-00-00