Medical Gloves Market Global Demand, Growth, Trends, Segments Analysis and Forecast to 2027
Research Reports
Mar 18, 2022
(USA, NY, New York City) Market Research Future (MRFR) assessed the global medical gloves market 2021 through the review period till 2027. The global medical gloves market is rise at 8.73?GR in the study tenure (from 2020 to 2027). By 2027, the global medical gloves market value can touch USD17, 399.81 Mn by 2027 from USD 8,638.19 Mn in 2019.
Market Drivers and Restrains
Healthcare professionals use medical gloves in medical examinations or while carrying out any type of medical procedures. The increase in number of patients undergoing such procedures is boosting the sales of medical glove that can prompt the market rise. Medical gloves are disposable to prevent cross-contamination among doctors, patient, and other caregivers. They create a barrier between germs and skin of hands, thereby increasing safety and maintaining hygiene. They are usually fabricated of rubbery materials, such as; neoprene, latex, vinyl, and nitrile. The easy availability of raw materials and their affordability in the production of medical gloves can benefit the market. In addition, the incorporation of disruptive technologies to enhance production capacity and efficacy and surge in R&D undertaking for innovative studies for availing better solutions can support expansion of the market in the near future. The increase in frequency of acute and chronic diseases are increasing demand for medical attention, which, in turn, is rising the need for medical gloves that can work in favor of the market.
The outbreak of COVID-19 pandemic is observed as a solid boost demand for personal protective equipment, such as medical gloves, among healthcare givers. However, decline in production due to drop in workforce and issues with supply chain can limit the growth of the medical gloves market.
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Major Key Players:
Glove Corporation Berhad, BraunMelsungen AG, Rubberex Corp. M Bhd, Supermax Corporation Berhad, Semperit AG Holding, Mckesson Corporation, Cardinal Health, Inc., Medline Industries, Inc., Dynarex Corporation, Ansell Limited, Microflex Corporation, and Cypress Medical Products LLC are some reputed companies in the medical gloves market that are listed by MRFR.
Segment Analysis
The segment study of the medical glove market is based on product type, raw materials, usage, form, and end-user.
The product type-based segments of the medical glove market are examination, chemotherapy, and surgical. The surgical segment can grow at decent pace by 2027.
The usage-based segments of the medical glove market are reusable and disposable. The reusable segment is likely to register decent market.
The form-based segments of the medical gloves market are non-powdered and powdered. The non-powdered segment can rise at high CAGR by 2027.
The end-user-based segments of the worldwide medical devices market are hospitals and clinics, ambulatory surgery centers, and diagnostic centers.
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Regional Analysis
The Americas is the largest share of the medical gloves market. The surge in COVID 19 cases is creating the need for medical gloves to prevent cross-contamination and curb impact of ]infection. In Europe, the medical gloves market is likely to hold considerable share of the worldwide market in the analysis period. Rise in medical examinations for increasing patient pool and the enforcement of stringent regulation to control cross-contamination in hospitals can bolster growth of EU medical gloves market. In Asia Pacific, the medical gloves market can thrive in the near future owing to the robust medical base. Developments in the healthcare industries improving the quality of medical care and growing prevalence of surgical practices can contribute to the expansion of the market in the years to come. In Middle East Africa, rise in safety concerns and hygiene standards amidst global pandemics are changing safety protocols in medical centers. This is resulting in the growing utility of biosafety gears, such as; medical gloves. This can underpin the market growth in the Middle East and Africa region.
Industry News
In the United States, the national hotline that provides emergency help to people that are suffering from emotional distress has seen a huge surge in the number of calls it has received this year. According to officials, it’s nine times more than last year as tens of thousands of people in America are reaching out to these emergency response teams for help. Experts say that this is something they are very much concerned about.
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