Australia and New Zealand Cleanroom Gloves Market to Surpass US$ 87.20 Million by 2028 - Coherent Market Insights

Australia and New Zealand Cleanroom Gloves Market, by Product Type (Nitrile Gloves, Latex Gloves, Vinyl Gloves, Neoprene Gloves, Polyisoprene Gloves, and Others), by Category (Sterile and Non-sterile), and by End User (Pharmaceutical and Biotechnology Companies, Medical Device Companies, Hospitals and Clinics (Hospitals Pharmacies and Hospital Laboratories), and Diagnostic Laboratories), is estimated to be valued at US$ 59.64 million in 2021 and is expected to exhibit a CAGR of 5.6% during the forecast period (2021-2028).

Market players are engaged in inorganic activities such as acquisitions, partnerships, and others, in order to expand their product portfolio and this is expected to drive growth of the Australia and New Zealand cleanroom gloves market over the forecast period. For instance, on  January 4, 2021, Ansell Ltd. an Australia-based company, which manufactures protective industrial and medical gloves, acquired Primus brand and related assets that comprises Primus Gloves and Sanrea Healthcare Products Life Science business. Ansell and Primus also formed a long-term supply partnership. Primus is an India-based manufacturer and marketer of gloves for the life sciences and specialty medical industries.

Moreover, in October 2018, Ansell Healthcare Products, LLC, an indirect subsidiary of Ansell Limited announced that it has acquired substantially all of the assets of Digitcare Corporation, a leading glove supplier to the U.S. markets for emergency medical services (EMS) and specialty acute care (SAC).

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

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization has declared it a public health emergency. According to the World Health Organization’s report, as of the August 22, 2021 the cumulative number of COVID-19 cases reported globally is now over 211 million and the cumulative number of deaths is just over 4.4 million. In Australia, the first COVID-19 case was confirmed in late January 2020, while in New Zealand, the first case was confirmed in late February 2020.

Lockdown or shutdown was imposed in many countries globally including Australia (March 13, 2020) and New Zealand (March 25, 2020), which had a negative impact on the economy of the private healthcare sector in these countries. The shutdown disrupted the supply, distribution, and manufacture of medical supplies globally. Moreover, due to social distancing, the footfall in clinics and health institutions has fallen by over 70% during this pandemic, which has led to decrease in number of surgical procedures, thereby negatively impacting the market growth. Moreover, on March 3, 2020, the World Health Organization (WHO) estimated that globally, around 76 million gloves, 1.6 million goggles, and 89 million masks are required for tackling COVID-19 pandemic.

During COVID-19 pandemic, demand for gloves including cleanroom gloves increased, which led to its increased production. However, manufacturers were struggling to meet the high demands. This led to the shortage of gloves, worldwide. According to the Australian Government, Department of Industry, Science, Energy and Resources, in order to meet the increasing demand for gloves, the Department of Health is collaborating with many local surgical gloves manufacturers, in order to source the critical medical supplies for the national medical stockpile. Moreover, they are also involved in maintaining the quality, as well as distribution of the medical supplies. Furthermore, as of March 23, 2020, 130 companies in Australia were involved in the production of personal protective equipment (PPE), including cleanroom gloves, surgical gloves, and gowns.

 Browse 39 Market Data Tables and 27 Figures spread through 176 Pages and in-depth TOC on Australia and New Zealand Cleanroom Gloves Market, by Product Type (Nitrile Gloves, Latex Gloves, Vinyl Gloves, Neoprene Gloves, Polyisoprene Gloves, and Others), by Category (Sterile and Non-sterile), and by End User (Pharmaceutical and Biotechnology Companies, Medical Device Companies, Hospitals and Clinics (Hospitals Pharmacies and Hospital Laboratories), and Diagnostic Laboratories)

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https://www.coherentmarketinsights.com/market-insight/australia-and-new-zealand-cleanroom-gloves-market-4699

Key players are focusing on launching new products in the cleanroom gloves portfolio. This is expected to drive growth of the Australia and New Zealand cleanroom gloves market over the forecast period. For instance, in September 2017, Ansell Ltd., an Australia-based company, which manufacture protective industrial and medical gloves, introduced Microflex 93-850, a tough, disposable nitrile glove that provides a higher level of protection for workers in hazardous environments. This innovative new hand protection solution significantly reduces the risk of chemical waste and other hazardous materials exposure.

Key Takeaways of the Australia and New Zealand Cleanroom Gloves Market:

• Australia and New Zealand cleanroom gloves market is expected to exhibit a CAGR of 5.6% during the forecast period, owing to the rising cases of hospital acquired infection/ surgical site infection, and adoption of expansion strategies by the market players. For instance, in 2016, Cardinal Health expanded its powder free gloves product line to Japan, Australia, New Zealand, and Hong Kong. Cardinal Health aims to create powder free gloves, in order to improve safety and health of the patients and healthcare workers.

• Some of the major players operating in the Australia and New Zealand cleanroom gloves market include Ansell Ltd., Kimberly-Clark Worldwide, Inc., Valutek Inc, Cardinal Health, Honeywell International Inc, Sabre Medical Pty Ltd, The Glove Company, and RS Components Pty Ltd.