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Australia and New Zealand Sterile Surgical Gloves Market Is Projected to AUD 87.20 Million with Healthy CAGR of 5.6 % by 2030 | Cardinal Health, Inc., Medline Industries, Inc., Molnlycke Health Care AB

June 7th, 2023 Coherent Market Insights Releases

Australia and New Zealand Sterile Surgical Gloves Market

Medical practitioners, including surgeons, are required to wear sterile surgical gloves during operations. These gloves are used in orthopedic surgery to prevent the spread of germs and other pathogens and to protect the patient from them.

The Australia and New Zealand sterile surgical gloves market is estimated to be valued at AUD 59.64 million in 2022 and is expected to exhibit a CAGR of 5.6% during the forecast period (2023-2030).

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Development in the sterile surgical gloves market in Australia and New Zealand is anticipated to be driven by rising hospital admissions.

The growth of the sterile surgical gloves market is anticipated to be driven by the increased number of surgical procedures and hospital admissions throughout the predicted period. For example, the OECD reports the following data regarding the total number of surgical procedures performed in Australia in a given year.

The possibility of perforations in surgical gloves and the length of time gloves must be worn, especially during orthopedic surgery, can compromise their safety and their ability to prevent infection, which is projected to slow the market. The risk of a surgical glove’s integrity is based on the task at hand, the kind of surgery, the surgical and aseptic skill of the wearer and their dominant hand, the type and especially the precision of surfaces coming into contact with the glove(s), and the length of continuous time for which a glove or pair of gloves is worn. This is according to the Ansell document titled In Touch Clinical Update, which states that perforation of surgical gloves is a common event with reports ranging from 3.58%.

The expansion of the market is anticipated to be bolstered by government programs aimed at training healthcare professionals and workers to check the transmission of coronavirus in Australia.

New rules and training for the surgical team are being implemented by the Australian government in partnership with leading general surgeons to curb the spreading of coronavirus infection. As a result, the market for surgical gloves and other protective gear is predicted to expand in response to rising demand. For example, as reported in the ANZ Journal of Surgery, new obligatory rules for infection control training for all surgical staffs were introduced by the Australian government on July 9, 2020. The rules specify the correct ‘donning and doffing’ (wearing and discarding) of personal protective equipment (PPE) prior to and following contact with patients infected with COVID-19.

Market expansion is anticipated to be aided by government efforts to provide reimbursements for medical equipment. Sterile surgical gloves, for example, are placed in Class I of the medical device classification system used by the Australian government’s Department of Health. Because of their widespread use, surgical gloves are covered by the Australian government’s Department of Health.

Australia and New Zealand Sterile Surgical Gloves Market – Impact of Coronavirus (COVID-19) Pandemic

The worldwide coronavirus (COVID-19) epidemic and subsequent lockdowns have had a negative effect on the financial health of companies across all industries. The private healthcare industry is only one area that has felt the effects of the COVID-19 pandemic.

The healthcare industry has felt the effects of the global lockdown prompted by the pandemic.

In addition, the global coronavirus pandemic has slowed the expansion of many corporations’ healthcare divisions and the creation of new medicines and medical supplies. Hence, the influence of the COVID-19 pandemic is anticipated to restrain development of the sterile surgical gloves market in Australia and New Zealand in the predicted period.

The need for surgical gloves soared during the COVID-19 pandemic, leading to an increase in manufacturing. But, manufacturers were unable to keep up with the surge in demand. As a result, medical gloves were scarce over the world. The Australian government’s Department of Industry, Science, Energy, and Resources reports that the country’s Department of Health is working with a number of local surgical glove manufacturers to address the country’s rising need for surgical gloves. In addition, they are responsible for the distribution and upkeep of the quality of the medical supplies. Furthermore, as of the 23rd of March, 2020, 130 businesses in Australia produced PPE such as medical gloves and gowns.

Key Players

Ansell Ltd., Cardinal Health, Inc., Medline Industries, Inc., Molnlycke Health Care AB, and Hartalega Holdings Berhad. Companies like these dominate the markets for sterile surgical gloves in both Australia and New Zealand.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬  𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐔𝐩 𝐓𝐨 𝟐𝟓% 𝐎𝐅𝐅 @
https://www.coherentmarketinsights.com/insight/buy-now/4272

Australia and New Zealand Sterile Surgical Gloves Market Report Coverage

Report Attribute Details
The market size value in 2023 AUD 59.64 Million
The revenue forecast in 2030 AUD 87.20 Million
Growth Rate CAGR of 5.6%
The base year for estimation 2022
Historical data 2017 – 2021
Forecast period 2023 – 2030
Growth Drivers:
  • Increasing number of surgical procedures
  • Rising cases of hospital acquired infection (HAI)
  • Government recommendation for the adoption of double gloving approach
Restraints & Challenges:
  • Limitation of surgical gloves

Table of Contents with Major Points:

Executive Summary

  • Introduction
  • Key Findings
  • Recommendations
  • Definitions and Assumptions

Executive Summary

Market Overview

  • Definition of Australia and New Zealand Sterile Surgical Gloves Market Market
  • Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Trends and Developments

Key Insights

  • Key Emerging Trends
  • Key Developments Mergers and Acquisition
  • New Product Launches and Collaboration
  • Partnership and Joint Venture
  • Latest Technological Advancements
  • Insights on Regulatory Scenario
  • Porters Five Forces Analysis

Qualitative Insights Impact of COVID-19 on Global Australia and New Zealand Sterile Surgical Gloves Market Market

  • Supply Chain Challenges
  • Steps taken by Government/Companies to overcome this impact
  • Potential opportunities due to COVID-19 outbreak

Conclusion 

Appendix

  • Data Sources
  • Abbreviations
  • Disclaimer

TOC Continued…!

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Why Choose Coherent Market Insights?

☛ Identified business opportunities – Our market research report can be used to analyze potential markets and new products. It can give information about customer needs, preferences, and attitudes. Also, it compare products and services.

☛ A clear understanding of your customers – A market report gives company’s marketing department an in-depth picture about customers’ needs and wants. This knowledge can be used to improve products, prices, and advertising.

☛ Clear data-driven insights – Our Market research encompasses a wide range of activities, from determining market size and segment to forecasting demand, and from identifying competitors to monitoring pricing. All of these are quantified and measurable which means that gives you a clear path for building unique decisions based on numbers.

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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