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Jan 09, 2024

Australia and New Zealand Sterile Surgical Gloves Market Is Projected to AUD 87.20 Million with Healthy CAGR of 5.6 % by 2030

June 7th, 2023 Coherent Market Insights Releases

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.

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Table of Contents with Major Points:

Executive Summary

Executive Summary

Market Overview

Key Insights

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

Conclusion

Appendix

TOC Continued…!

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