According to our new market research study on “Surgical Gloves Market to 2027 – Global Analysis and Forecast – by product, applications and end user,” the market is expected to reach US$ 5,028.07 million by 2027 from US$ 2,292.03 million in 2019. The market is estimated to grow with a CAGR of 10.3% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Global Surgical Gloves market, based on Raw Material is segmented into latex gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyisoprene gloves, and Biogel gloves. In 2019, the latex gloves segment accounted for the highest share of the market. Growth of this segment is attributed to the advantage of latex for making gloves is due to its elasticity. The Biogel gloves segment is likely to register highest CAGR in the global Surgical Gloves market during the forecast period.
Global Surgical Gloves market, based on Usage is segmented into disposable, and reusable. The disposable segment held the largest share of the market in 2019, and same segment is anticipated to register the highest CAGR in the market during the forecast period.
The surgical gloves market, by distribution channel, is segmented into retail, medical store, and online. The retail segment held the largest share of the market in 2019; however, the online segment is anticipated to register the highest CAGR in the market during the forecast period.
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The surgical gloves market, by end user, is segmented into hospitals and clinics, ambulatory surgery centers, and others. The hospitals and clinics held the largest share of the market in 2019, moreover the Hospitals and Clinics segment is anticipated to register the highest CAGR in the market during the forecast period.
COVID-19 pandemic has become the most significant challenge across the world. This challenge will be frightening especially in developing countries across the globe as it will lead to reducing imports due to disruptions in global trade. However, during the initial phase of COVID-19 crisis, owing to change in customer behaviors for purchasing personal protective equipment the demand for Surgical Gloves was significantly increased. Personal Protective equipment for healthcare professionals is essential to fight against the novel coronavirus (COVID-19), as a result of this World Health Organization (WHO) has recommended the governments and market players to act definitively to boost the production of masks, respirators, gloves, medical gowns and other PPE products used in healthcare systems.
Ansell Limited, McKESSON CORPORATIOn, Cardinal Health Inc., HENRY SCHEIN, INC., Mölnlycke Health Care AB., Dynarex Corporation, Unigloves (UK) Limited, ABENA UK LTD, Globus Group (Globus (Shetland) Ltd), Barber Healthcare Limited are among the leading companies operating in the Surgical Gloves market.
Product launches and expansion strategy are commonly adopted by companies to expand their footprint worldwide and meet the growing demand. These strategies are commonly adopted by the market players in order to expand its product portfolio.
The market players operating in the Surgical Gloves Market adopted the strategy of product innovation to cater to changing customer demand across the world, which also permits the players to maintain their brand name globally.
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By Raw Material
By Distribution Channels
By End User
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