Surgical Gloves Market Analysis

Surgical Gloves Market Analysis

Surgical gloves market is divided based on product into latex gloves, vinyl gloves, neoprene gloves, nitrile gloves, and others. As per the report, the latex gloves segment is projected to progress at a notable pace to reach over USD 1.5 billion by 2032 owing to the increasing preference of healthcare professionals for sensitive applications, including surgical operations. Latex surgical gloves have multiple benefits, including superior tear and puncture protection, high stretching capacity, comfort during extended wear, and strength. These advantages are anticipated to augment segment revenue.
 

Based on form, the surgical gloves market is segmented into powder-free gloves and powdered gloves. The powdered gloves segment valuation is estimated to exceed USD 70 million by 2032. Glove powder, which consists of dry substances like silicone and cornstarch, is present in powdered gloves, which prevents them from sticking together and makes them convenient to wear. However, the restrictions imposed by the National Institute of Occupational Safety and Health (NIOSH) and the U.S. FDA ban on using powdered gloves due to the increased risk of allergies have impeded segment development.
 

In terms of distribution channels, the surgical gloves market is segregated into brick and mortar and e-commerce. The e-commerce segment is speculated to expand at over 13% CAGR from 2023 to 2032. Several advantages offered by e-commerce platforms, such as the availability of a wide range of products at discounted prices and the convenience of doorstep delivery, are driving consumer inclination toward online shopping, which is increasing product sales from e-commerce platforms and significantly impacting segment growth.
 

On the basis of end-use, the surgical gloves market is divided into hospitals, clinics, ambulatory surgical centers, diagnostic centers, and others. The clinics segment is likely to surpass USD 830 million in revenue by 2032 driven by the escalating number of urgent care clinics due to rising patient preferences for convenience and affordability. As a result, the mounting use of surgical gloves in these facilities is foreseen to stimulate business landscape.

Asia Pacific surgical gloves market is anticipated to depict more than 15.5% CAGR between 2023 and 2032. This is attributed to the expansion of PPE production across the region, influenced by the soaring penetration of healthcare services, rising healthcare expenditures, and government initiatives to raise public awareness. Additionally, the expanding geriatric population that is prone to different chronic illnesses, surging focus on attracting qualified healthcare professionals, and increased health insurance penetration have created favorable circumstances for the business scenario in APAC countries.