New market research report on the global medical gloves and surgical gloves market

In 2021, the sales revenue of examination and surgical gloves will be 6.7 billion U.S. dollars, and it is expected that the revenue will reach 13.9 billion U.S. dollars by the end of 2031. This data has been analyzed in the latest survey on examinations and surgeries. Persistence Market Research analysts predict that the surgical glove market will grow at a compound annual growth rate of 7.6% in the next ten years.
In the past decade, the demand for medical and surgical gloves has grown exponentially, and this trend is expected to continue in the next decade. The increase in sales of examination and surgical gloves can be attributed to the increasing attention to health care and hygiene, the increase in health care expenditures, the increase in surgical procedures, the rising risk of hospital-acquired infections, the prevalence of chronic and infectious diseases, etc.
Increasing global health awareness and initiatives by non-profit organizations and governments are contributing to the increase in the demand for examination and surgical gloves. Emerging economies where health trends are picking up and medical infrastructure is developing are the most profitable markets for examination and surgical glove sales.
Major players in this industry are investing in the development of new facilities to expand their manufacturing capabilities and meet high demand around the world.
In September 2021, the newly formed company American Nitrile announced plans for its new production facility, which will be fully dedicated to the production of nitrile gloves for healthcare and industrial use. The facility is designed to meet the growing demand for medical and non-medical latex-free nitrile gloves.
In July 2021, the hospital supply group Premier Inc. and Honeywell International announced that they will establish a new company capable of producing 750 million nitrile examination gloves in the United States each year.
Other manufacturers are also making many such efforts to meet the high demand for gloves, especially in the medical field.
Persistence Market Research analysts said: “With the increase in health care spending and global health and safety awareness, the demand for examination and surgical gloves is expected to be prominent in the next ten years.”
Research and consulting company Persistence Market Research has released a new market research report on the global inspection and surgical glove market, which contains industry analysis for 2016-2020 and opportunity assessment for 2021-2031.
The report provides an in-depth analysis of the market through different market segments such as products, raw materials, uses, distribution channels, and regions. The report also provides an overview of supply and demand trends and the mother market.
Due to the increasing prevalence of cancer and other chronic diseases in the region, North America is the most profitable region, accounting for more than 35% of the global positive displacement pump market.

Post time: 23-12-21