Monday, 06 December 2021 11:45 GMT

Global Disposable Medical Gloves Market 2021-2028 Size, Share, Growth Factors, Revenue, Competitive Landscape, Forecast Report


(MENAFN- GlobeNewsWire - Nasdaq) Pune, India, Nov. 24, 2021 (GLOBE NEWSWIRE) -- The global disposable medical gloves market size is projected to reach USD 11.52 billion by 2027, exhibiting a CAGR of -0.19% during the forecast period. The market is expected to gain impetus from the increasing awareness about health and safety, especially amid the COVID-19 pandemic. Medical gloves or disposable gloves are used by medical practitioners during surgical or examining procedures.

A recent report by Fortune Business Insights titled,“Disposable Medical Gloves Market Size, Share & COVID-19 Impact Analysis, By Application (Surgical and Examination), By Material (Latex and Synthetic), By Category (Powdered and Powder-free) End User (Hospitals & Clinics, Diagnostic/Pathology Labs, and Others), and Regional Forecast 2020-2027,” states that the market will hit USD 11.52 billion by the end of 2027 from USD 5.98 billion in the year 2019. The forecast period is set between 2020 and 2027, and the market is expected to rise at a CAGR of -0.19%, a negative growth rate, reflecting strong growth in the year 2020 due to the COVID-19 impact.


Request a Sample Copy of the Research Report:


Growing Awareness about Personal Hygiene amid Covid-19 to Propel the Market

The increasing use of disposable gloves in the healthcare sector for personal health safety has propelled the medical gloves market growth. Additionally, the outbreak of several epidemics, especially the current COVID-19 pandemic and its emerging health threats, has further increased the demand for disposable medical gloves from both the general public and healthcare professionals, thereby boosting market growth. This, coupled with the increasing adoption of disposable gloves by various end-user industries such as beauty and skincare, food and beverage industry, and others, will also add impetus to the market in the coming years.

On the flip side, long-term exposure to medical gloves may result in skin rashes, irritation, itchiness, and other skin issues, thereby hampering the market in the coming years. Nevertheless, increasing efforts by market players to launch user-friendly disposable gloves made from different materials are likely to create lucrative business opportunities for the market in the coming years.


Click here to get the short-term and long-term impact of COVID-19 on this Market.
Please visit:


North America Held Largest Share Backed by Stringent Health & Safety Regulations

Geographically, North America generated USD 2.68 billion in revenue and emerged as the region with the highest disposable medical gloves market share in 2019, followed by Europe. This is attributable to the growing awareness about prevention of healthcare-related infections. The increasing demand for better quality polyisoprene medical gloves for surgical purposes is also giving a boost to the regional market growth.

On the other hand, Asia Pacific will emerge as the fastest-growing region in the market on account of the increasing adoption of nitrile gloves for medical examination procedures. This is further attributable to the decline in the cost of nitrile gloves and their puncture-resistance features. Furthermore, the market in the Middle East and Africa is expected to rise significantly in the coming years on account of the rising medical awareness and expenditure on infrastructural development.


Quick Buy - Disposable Medical Gloves Market Research Report:


Companies to Focus on Launching Allergy-free Gloves to Compete for Top Position

The global market for disposable medical gloves is consolidated on account of a few players holding the majority shares. Most of the Malaysian suppliers have a firm grip on the rubber gloves demand and supply chain. Companies such as Hartalega Holdings Bhd., Top Glove Corporation, and others are holding about 63% or more of the rubber gloves supply chain on account of the availability of natural rubber latex in the Malaysian region.

On the other side, Molnlycke Health Care AB, Cardinal Health, and Ansell are the leading players dealing in surgical gloves. These players are engaging in product expansion activities. They are therefore investing heavily in developing allergy-free gloves and alternatives to powdered latex gloves for gaining a competitive position in the market.


Have Any Query? Ask Our Experts:


Industry Development:

June 2019 – A new medical glove was launched by Top Glove Corporation Bhd called the BioGreen Biodegradable Nitrile Gloves. They are environment-friendly in nature and are powder-free, thereby serving as a safer version of the company's disposable nitrile gloves.


Some of the Key Players of this Market include:

  • Kossan Rubber Industries Bhd (Selangor, Malaysia)
  • Halyard Health (Georgia, United States)
  • Ansell Ltd (Richmond, Australia)
  • KANAM LATEX INDUSTRIES PVT LTD (Kerala, India)
  • Top Glove Corporation Bhd (Shah Alam, Malaysia)
  • Elite Surgical
  • Hartalega Holdings Bhd (Kuala Lumpur, Malaysia)
  • Dynarex Corporation (New York, United States)
  • Mölnlycke Health Care AB (Gothenburg, Sweden)
  • Cardinal Health (Ohio, United States)
  • Others


About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact Us:

Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email:
Fortune Business Insights™
LinkedIn | Twitter | Blogs


Press Release:




Tags Disposable Medical Gloves Disposable Medical Glove Medical Gloves Market Medical Gloves Industry

MENAFN24112021004107003653ID1103242009


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.