Australia and New Zealand Sterile Surgical Gloves Market to Surpass AUD 87.20 Million by 2027

Australia and New Zealand Sterile Surgical Gloves Market, by Product Type (Latex Gloves, Synthetic Gloves, and Accelerator Free Gloves), by End User (Hospitals and Clinics (Surgeon/Physician, Scrub Nurse, and Nurse/Other), Specialty Centers (Orthopedic Centers, General Centers, Cardiac Centers, Plastic Surgery Centers, Laparoscopy Centers, and Obstetrics/Gynecology Centers), Ambulatory Surgical Centers, Clean Rooms, and Chemotherapy Centers), and by Country (Australia and New Zealand), is estimated to be valued at AUD 59.64 million in 2020 and is expected to exhibit a CAGR of 5.6% during the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.

Launch of novel products by market players is expected to augment the market growth

Increasing hospital admissions and rising number of surgical procedures are expected to drive demand for sterile surgical gloves, which is expected to drive the market growth during the forecast period. For instance, according to the Organization for Economic Co-operation and Development (OECD), the number of surgical procedures carried out in New Zealand are as follows:

Moreover, rising cases of hospital acquired infection and surgical site infections (SSI) due to increasing number of surgical procedures is expected to drive demand for sterile surgical gloves and thereby, assist the market growth during the forecast period. Also, the Accident Compensation Corporation (ACC), a provider of insurance cover for personal injury, New Zealand, has multi-faceted program of work underway in order to reduce the incidence and severity of hospital acquired infection and accepted around 2,500 claims of hospital acquired infection (HAIs) in the year 2017-2018. ACC aims to reduce the incidence and severity of HAI, and also stated that HAI causes potential harm to the patients and HAI is the most common injury claim by the patients.

Australia and New Zealand Sterile Surgical 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, the manifestation of coronavirus disease (COVID-19) has resulted in over 58,425,681 infected individuals worldwide as of  November 23, 2020.

In Australia, the first COVID-19 case was confirmed in late January, while in New Zealand, the first case was confirmed in late February.

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 has disrupted the supply, distribution, and manufacture of medical supplies globally. Also, due to social distancing, the footfall in clinics and health institutions has fallen by more than 70% during this pandemic, which has led to decrease in number of surgical procedures, which has negatively impacted the market growth. However, the COVID-19 pandemic has increased demand for PPE kits and gloves, which has led to increased production of PPE kits, thereby assisting the market growth. Moreover, on March 3, 2020, the World Health Organization (WHO) estimated that globally, approximately 76 million gloves, 1.6 million goggles, and 89 million masks are required for tackling COVID-19 pandemic.

During COVID-19 pandemic, the demand for surgical gloves increased, which led to its increased production. However, manufacturers were struggling to meet the high demands. This led to the shortage of surgical gloves, worldwide. According to the Australian Government, Department of Industry, Science, Energy and Resources, in order to meet the increasing demand for surgical 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 surgical gloves and gowns.

Browse 19 Market Data Tables and 26 Figures spread through 128 Pages and in-depth TOC on “Australia and New Zealand Sterile Surgical Gloves Market - by Product Type (Latex Gloves, Synthetic Gloves, and Accelerator Free Gloves), by End User (Hospitals and Clinics (Surgeon/Physician, Scrub Nurse, and Nurse/Other), Specialty Centers (Orthopedic Centers, General Centers, Cardiac Centers, Plastic Surgery Centers, Laparoscopy Centers, and Obstetrics/Gynecology Centers), Ambulatory Surgical Centers, Clean Rooms, and Chemotherapy Centers), and by Country (Australia and New Zealand) - Forecast to 2027”

To know the latest trends and insights prevalent in the Australia and New Zealand sterile surgical gloves market, click the link below:

https://www.coherentmarketinsights.com/market-insight/australia-and-new-zealand-sterile-surgical-gloves-market-4272

Many health agencies and government organizations globally are focusing on the use and importance of double gloving during the surgery, which is expected to increase demand for surgical gloves, thereby driving the market growth over the forecast period. For instance, Australian College of Perioperative Room Nurses (ACORN) recommended the double gloving practice, with use of an indicator glove of a different color underneath. Also, the ACORN recommended changing of the sterile gloves after 1.5–2 hours of wear time and at other critical points during surgery, mainly during handling implants and prostheses.

Key Takeaways of the Australia and New Zealand Sterile Surgical Gloves Market:

• The Australia and New Zealand Sterile surgical gloves market is expected to exhibit a CAGR of 5.6% during the forecast period, owing to the increasing number of surgical procedures, 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 clinicians.
• Key players operating in the Australia and New Zealand Sterile surgical gloves market include Ansell Ltd., Cardinal Health, Inc., Medline Industries, Inc., Molnlycke Health Care AB, and Hartalega Holdings Berhad