Australia and New Zealand Cleanroom Gloves Market to Surpass US$ 87.20 Million by 2028
Australia and New Zealand Cleanroom Gloves Market, by Product Type (Nitrile Gloves, Latex Gloves, Vinyl Gloves, Neoprene Gloves, and Polyisoprene Gloves, Others), by Category (Sterile and Non-sterile), by End Users Pharmaceuticals and Biotechnology Companies, Medical Device Companies, Hospitals and Clinics, and Diagnostics Laboratories), and by Country (Australia and New Zealand), is estimated to be valued at US$ 59.64 Mn in 2021 and is expected to reach US$ 87.20 Mn by 2028 exhibiting a CAGR of 5.6% during the forecast period (2021-2028) as highlighted in a new report published by Coherent Market Insights.
Key players operating in the market are focusing on receiving product approvals and partnerships from regulatory authorities, which is expected to drive the market growth over the forecast period.
For instance, in March 2021, RS Components (RS), a trading brand of Electrocomponents plc, a global omni-channel solutions partner for industrial customers and suppliers, announced the acquisition of John Liscombe Limited (Liscombe), a leading supplier of industrial safety and personal protective equipment (PPE).
Australia and New Zealand Cleanroom Gloves Market – Impact of Coronavirus (COVID-19) Pandemic
The coronavirus (COVID-19) pandemic is the most recent outbreak, which was first reported on December 31, 2019 in Wuhan, China. In New Zealand, the first case was confirmed in late February 2020, while in Australia, the first COVID-19 case was confirmed in late January 2020.
Lockdown was imposed in many countries overall, which had negative impact on economy of private healthcare sector, including Australia (March 13, 2020) and New Zealand (March 25, 2020). During this pandemic more than 70% of footfall has been observed due to social distancing in clinics, and health institutions.
Furthermore, 130 organizations in Australia were mixed up in manufacturing of Personal Protective Equipment (PPE), and also surgical gown and gloves.
Moreover, many health bureaus and government organizations overall are focusing on utilization and essentials of double gloving surgery, by driving the market growth which is expected to increase the demand for surgical gloves. For instance, use of an indicator glove which has a different color underneath was suggested by Australian College of Perioperative Room Nurses (ACORN). They also suggested changing of sterile gloves after a particular time of 1.5-2 hours from the wear time and mostly during handling the implants and prostheses.
Browse 20 Market Data Tables and 38 Figures spread through 193 Pages and in-depth TOC on “Australia and New Zealand Cleanroom Gloves Market”- Forecast to 2028, by Product Type (Nitrile Gloves, Latex Gloves, Vinyl Gloves, Neoprene Gloves, and Polyisoprene Gloves, Others), by Category (Sterile and Non-sterile), by End Users (Pharmaceuticals and Biotechnology Companies, Medical Device Companies, Hospitals and Clinics, and Diagnostics Laboratories), and by Country (Australia and New Zealand)
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Key players operating in the market are focusing on adoption of inorganic growth strategies such as mergers, collaborations, launches, partnerships, and acquisitions, in order to strengthen their position in the global market.
For instance, in October 2018, Ansell Healthcare Products, LLC, an indirect subsidiary of Ansell Ltd announced that it had acquired substantially all of the assets of Digitcare Corporation, a leading glove supplier to the U.S. market for emergency medical services (EMS) and specialty acute care (SAC)
Key Takeaways of the Australia and New Zealand Cleanroom Gloves Market:
- The Australia and New Zealand cleanroom gloves market is expected to exhibit a CAGR of 5.6% over the forecast period, owing to rising launches and regulatory approvals of products. For instance, in February 2018, Ansell Ltd. launched GAMMEX PI Glove-in-Glove System, the first-to-market, pre-donned double gloving system that promotes safer operating rooms by allowing for faster and easier double gloving.
- Among product type, nitrile gloves segment is expected to account for largest market share during the forecast period. For instance, In February 2018, Ansell Ltd. launched the GAMMEX PI Glove-in-Glove System, the first-to-market, pre-donned double gloving system that promotes safer operating rooms by allowing faster and easier double gloving
- Key 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.
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