Examination and Surgical Gloves Market 2022

Conventionally, medicines and therapeutics have been all cast in the same mould. However, with modern-day technology (inclusive of AI, genomics, and digital twins), a more customized approach would be taken in the near future, thereby resulting in the treatments that could percolate down under (individual level). AI and modelling software’s are used for predicting proper dosage of the painkillers, inclusive of synthetic opiates such as fentanyl (especially for individual patients). The Examination and Surgical Gloves Market is bound to grow along these lines in the near future.

Revenue from the sales of examination and surgical gloves amount to US$ 6.7 Bn in 2021 and the revenues are expected to attain US$ 13.9 Bn by the end of 2031. This data has been analyzed in an updated survey on the examination and surgical gloves market by analysts at Persistence Market Research, which predicts the market to rise at a CAGR of 7.6% over the decade.

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Demand for medical and surgical gloves has grown exponentially over the past decade, and this trend is expected to be continue over this decade as well. Examination and surgical glove sales growth can be attributed to increasing focus on healthcare and hygiene, rising healthcare expenditure, increasing surgical procedures, rising risk of hospital-acquired infections, prevalence of chronic and infectious diseases, etc.

Increase awareness about hygiene across the globe and initiatives from non-profits and governments are contributing to demand growth of examination and surgical gloves. Emerging economies where the trend of hygiene is picking up and healthcare infrastructure is being developed are the most lucrative markets for the sales of examination and surgical gloves.

• Prime players in the industry are investing in the development of new facilities in order to expand their manufacturing capacity and meet high demand across the world.
• In September 2021, American Nitrile, a newly launched company, announced its plans for a new production facility that would be entirely dedicated to producing nitrile gloves for healthcare and industrial use. The facility is a move to fulfill the rising demand for medical and non-medical latex-free nitrile gloves.
• In July 2021, hospital supply group Premier Inc. and Honeywell International announced that they would be launching a new venture that would be capable of manufacturing 750 million nitrile exam gloves in the U.S. each year.

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Key Takeaways from Market Study

• The global examination and surgical gloves market is predicted to expand at a CAGR of 7.6% through 2031.
• Market revenue set to amount to a net worth of US$ 6.7 Bn in 2021.
• Market revenue anticipated to be around US$ 13.9 Bn by the end of the decade.
• North America is anticipated to dominate the global industry in terms of market share.

Competitive Landscape

The global market for examination and surgical gloves has been identified as a fairly fragmented space due to the presence of a high number of market participants.

Some of the key market players included in the report are Ansell Healthcare LLC, Top Glove Corporation Bud, Supermax Corporation Berhad, Rubberex Corporation, (M) Bhd, Comfort Rubber Gloves Industries Sdn Bhd, Cardinal Health Inc., Hicarethai, Labplus (GDC Group), Atrium Medical Care LLC, WRP Asia Pacific Sdn Bhd, Dynarex Corporation, B. Braun Melsungen AG, Kossan Rubber Industries Bhd, Hartalega Holdings Berhad, Riverstone Holdings Limited, Brightway Holdings Sdn. Bhd, Semperit AG Holding, Alliance Rubber Products Sdn Bhd, Qube Medical Products Sdn Bhd, YTY Group, Helthy Glove Co. Ltd, Sri Trang Agro-Industry Plc, Medisafe Technologies, and Delta Gloves.

These are identified as key manufacturers of examination and surgical gloves, are engaged in market expansion activities, and are developing new strategies to increase the production of gloves to meet high demand across the world.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
Speech Therapy Services Market Manufacturers
Speech Therapy Services Market Distributors/Traders/Wholesalers
Speech Therapy Services Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Key Questions Answered in This Report.

• What will the Market growth rate in Future?
• What are the key factors driving the global Market?
• Who are the key manufacturers in Market space?
• What are the opportunities and threats faced by the vendors in the global industry?
• What are sales, revenue, and price analysis by regions of industry?

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