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Disposable Medical Gloves Market Size 2021 | To hit USD 14.03 billion by the end of 2027 with 10.6% CAGR

Pune, India, April 07, 2021 (GLOBE NEWSWIRE) — The global disposable medical gloves market is projected to gain impetus from the increasing awareness about health and safety, especially after the COVID-19 pandemic. Medical gloves or disposable gloves are used by medical practitioners during surgical or examining procedures.

“The market will hit USD 14.03 billion by the end of 2027 from USD 5.95 billion in the year 2019. The forecast period is set between 2020 to 2027, and the market is expected to rise at a CAGR of 10.6% “

North America Held Largest Share Owing to Stringent Health Regulations Imposed by Government on Personal Health and Safety

Geographically, North America earned USD 2.26 billion 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 purpose is also adding a boost to the regional market growth.

On the other side, Asia Pacific market will emerge as the fastest-growing region 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.

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COVID-19 has a significant impact on both the healthcare sector and the world economy. Most of the industries are temporarily shut, and the ones that are operating from homes are barely trying to generate meagre income. We hope to soon overcome this difficult time with government support. Fortune Business Insights is offering special reports on various markets impacted by the COVID-19 pandemic. These reports provide insights into the current scenario of the specific markets so that key developers and investors can accordingly chalk out plans for better revenue generation in the years to come.

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Companies Focusing on Launch of Allergy-free Gloves to Compete for Top Position

The global market for disposable medical gloves is consolidated on account of a few players holding major shares. The worldwide demand for rubber gloves is rising at a CAGR of 8 to 10% per year. Most of the Malaysian suppliers have a firm grip on the rubber gloves demand and supply chain. Companies such as Hartlega 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.

The other players are engaging in product expansion activities. They are therefore investing heavily on the development of allergy-free gloves and the alternative to powdered latex gloves for gaining a competitive position in the market.

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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

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Some major points from Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Overview of Latex Allergy- Key Country/Region
    •  
    • Healthcare Industry Overview-Key Country/Region-
    • Key Industry Developments (Mergers, Acquisitions, Partnerships, New Product Launches, etc.)
  • Global Disposable Medical Gloves Industry Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Application
      • Surgical
      • Examination
    • Market Analysis, Insights and Forecast – By Material
      • Latex
      • Synthetic
        • Nitrile
        • Vinyl
        • Others
  • North America Disposable Medical Gloves Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis – By Application
      • Surgical
      • Examination
    • Market Analysis – By Material
      • Latex
      • Synthetic
    • Market Analysis, Insights and Forecast – By Category
      • Powdered
      • Powder-free
    • Market Analysis, Insights and Forecast – By End-user
      • Hospitals & Clinics
      • Diagnostic/Pathology Labs
      • Dental Clinics
      • Others
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East & Africa
        • Nitrile
        • Vinyl
        • Others
  • Europe Disposable Medical Gloves Industry Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis – By Application
      • Surgical
      • Examination
    • Market Analysis – By Material
      • Latex
      • Synthetic
    • Market Analysis – By Category
      • Powdered
      • Powder-free
    • Market Analysis – By End-user
      • Hospitals & Clinics
      • Diagnostic/Pathology Labs
      • Dental Clinics
      • Others
    • Market Analysis – By Country
      • U.S.
      • Canada
        • Nitrile
        • Vinyl
        • Others
    • Market Analysis – By Category
      • Powdered
      • Powder-free
    • Market Analysis – By End-user
      • Hospitals & Clinics
      • Diagnostic/Pathology Labs
      • Dental Clinics
      • Others
    • Market Analysis – By Country/Sub-region
      • U.K.
      • Germany
      • France
      • Spain
      • Italy
      • Scandinavia
      • Rest of Europe

Continued…

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