Surgical Gloves Market Size, Share, Growth Analysis, By Product(Latex Gloves, Nitrile Gloves), By Form(Powder-free Gloves, Powdered Gloves), By Usage(Disposable Gloves, Reusable Gloves) - Industry Forecast 2024-2031

Global Surgical Gloves Market size was valued at USD 10 billion in 2022 and is poised to grow from USD 10.3 billion in 2023 to USD 13.05 billion by 2031, growing at a CAGR of 3% in the forecast period (2024-2031).

The rising demand for enhanced safety and security within healthcare workplaces, coupled with increasing healthcare expenditures and the resurgence of the COVID-19 pandemic, is anticipated to generate a positive impact on the growth of the industry. The resurgence of COVID-19 in countries like China, Germany, France, Italy, and Belgium is projected to escalate the need for testing, surveillance, and hospital visits, consequently driving up the demand for related products. Moreover, the pandemic has spurred the requirement for disposable medical gloves, creating strain within the supply chain and prompting manufacturers to expand their production capacities to cater to the heightened demand.

In the U.S., the market is undergoing a transformation due to the effects of the COVID-19 pandemic. The elevated prevalence of chronic diseases has led to an increase in hospital visits and re-admissions, thereby bolstering the demand for these products. The surge in surgical procedures such as cesarean sections, appendectomies, Coronary Artery Bypass Graft (CABG) surgeries, carotid endarterectomies, and circumcisions is expected to contribute to the growing demand for disposable medical gloves.

These gloves are distributed through diverse channels like distributors, retailers, e-commerce platforms, and social media advertising. While certain manufacturers prefer direct distribution to companies, hospitals, and consumers to reduce costs, the production of disposable medical gloves remains capital-intensive due to expensive raw materials and intricate manufacturing processes.

US Surgical Gloves Market is poised to grow at a sustainable CAGR for the next forecast year.