Global Disposable Medical Gloves Market is expected to grow at a CAGR of 9.56% during the forecast period from 2020-2027
A new research report published by Fior Markets with the title Disposable Medical Gloves Market by Type (Powdered, Natural Rubber), Application (Examination, Surgical), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027.
The global disposable medical gloves market is expected to grow from USD 4.48 billion in 2019 to USD 9.44 billion by 2027, at a CAGR of 9.56% during the forecast period from 2020-2027.
Disposable medical gloves are the gloves used during surgical procedures and medical examinations to prevent cross-contamination and hygiene between patients and caregivers. These medical gloves are made up of different polymers including polyvinyl chloride, latex, nitrile rubber, and neoprene. There are two main types of disposable medical gloves: examination and surgical. Surgical gloves have more precise sizing with a better sensitivity and high precision and are made to a higher standard. Examination gloves are available as either non-sterile or sterile. Surgical gloves are strictly sterile, as they comes in the contant with internal body organs.
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Increasing awareness of safety and hygiene amongst healthcare providers and patients is one of the key driving factor for the growth of global disposable medical gloves market. In addition to this, stringent regulations about the usage of personal protective equipment (PPE) in the medical sector, further driving the demand for the disposable medical gloves. However, high price competition from local manufactures and adverse reaction on skin of disposable medical gloves, are some of the key factors hindering the growth of market, over the forecast period. Apart from this, increasing uses of disposal medical gloves due to low cost of manufacturing process, offering future growth opportunities in the upcoming years.
The disposable medical gloves market has been segmented on the basis of type, application, and region. Type segment includes powdered and natural rubber. Natural rubber held the largest market share of 71.2% in 2019. This is mainly attributed to the fact that natural rubber gloves are the choice of preference among medical professionals to perform surgeries and for examination purposes. Application segment is classified into examination and surgical. Examination gloves accounted for the major market share and valued at USD 2.69 billion in 2019. This is mainly due to high usage of disposable gloves during the patient examination. The market has been divided into North America, Europe, Asia-Pacific, South America and Middle East and Africa. North America held the largest market share of 35.06% in 2019. This is attributed to high awareness about the hygiene and prevention of infectious diseases across the region.
The major companies for the global disposable medical gloves market are Ansell Healthcare, Hartalega Holdings Berhad, Kossan Rubber, AdventaBerhad, Top Glove Corporation, Cardinal Health, SHIELD Scientific, and Dynarex Corporation among others.
In June 2018, SHIELD Scientific announced the launch of duoSHIELD range disposable medical gloves to fulfill the growing need for increased protection of patients and medical staff in the healthcare sector.
About the report:
The global disposable medical gloves market is analyzed on the basis of value (USD Billion), volume (K Units), export (K Units), and import (K Units). All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
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