Medical Gloves Market-Overview
Gloves are personal protection equipment that acts as a barrier between pathogens and hands. As per MRFR, the Medical Gloves Market is estimated to rake in USD 17,399.81 Million with a CAGR of 8.73% by the end of 2027.
Growing concerns for safety, hygiene, and product quality, advancements in technology and creative studies, and an increase in the frequency of acute disorders are some of the primary influences driving the medical glove market expansion in the forecast period.
Segmental Analysis
The medical glove market is categorized into three parts based on product type: surgical, examination, and chemotherapy. The medical glove market is divided into two categories based on usage: disposable and reusable. The medical glove market is divided into powdered and non-powdered forms. The medical glove market is divided into raw material segments: latex, vinyl rubber, neoprene, nitrile rubber, and polyethylene. The medical glove market is divided into four end-user segments: urgent care centers, hospitals and clinics, medical clinics, and rehabilitation centers.
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Detailed Regional Analysis
The United States is believed to have the largest industry medical glove market. With an upsurge in COVID 19 cases, which is expected to continue, the usage of medical gloves to limit cross-contamination and reduce infection is critical. The European medical gloves market is the second-largest in the world. The amplified use of medical gloves, the implementation of strict regulations to limit cross-contamination in hospitals, and increased supply will fuel enormous expansion in the medical gloves market over the forecast period. Asia-Pacific is widely regarded as the fastest-growing medical gloves market sector. The rise of healthcare businesses is boosting growth. With an upsurge in the usage of surgical procedures, demand is likely to rise. Mounting safety concerns and hygiene challenges in the face of a worldwide pandemic, improved use of biosafety gear, and changing safety standards in healthcare facilities are driving the growth of the medical gloves market in the Middle East and Africa.
Competitive Analysis
The overall development prospects of market participants are predicted to boost progressively as the impact of the COVID-19 epidemic lessens. The effectiveness of core sectors on a global scale is projected to augment the expansion of the global market in the approaching period. Furthermore, improved economic relations between numerous nations are expected to provide further opportunities for growth in the coming years. The optimism about COVID-19-related therapeutic techniques, such as vaccines, being pushed out in various locations is forecast to expand market sentiment further. The emergence of global firms into important developing regional markets is considered to have a positive impact that will spread to other industry segments. The involvement of governmental organizations in promoting market development is projected to be critical through the provision of special incentives to attract global titans to certain locations and contribute to market development during the forecast period.
The formidable contenders in the medical gloves market are Glove Corporation Berhad, Rubberex Corp. M Bhd, BraunMelsungen AG, Medline Industries, Inc., Semperit AG Holding, Mckesson Corporation, Cardinal Health, Inc., Dynarex Corporation, Ansell Limited, Cypress Medical Products LLC, Supermax Corporation Berhad, and Microflex Corporation.
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Industry Updates:
Dec 2021 iNitrile, a leading Medtech provider that invented and developed automated disposable glove dispensers to combat infections in organizations, and a subsidiary of Texas Medical Technology, a leading Medtech company, has announced a partnership with Dimassi’s, a Houston-based Mediterranean-style restaurant chain. Dimassi’s will implement iNitrile’s disposable glove solution across all of its Texas locations as a result of the agreement. Dimassi’s restaurants will be able to apply the most severe and secure glove safety procedures in the workplace, thanks to this agreement.
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Market, By Product Type
1.1.2. Global Market, By Usage Type
1.1.3. Global Market, By Form Type
1.1.4. Global Market, By Raw Material Type
1.1.5. Global Market, By Distribution Channel
1.1.6. Global Market, By End User
1.1.7. Global Market, By Region
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The Study
2.3. Market Structure
3. RESEARCH METHODOLOGY
3.1. Research Process
3.2. Data Mining
3.3. Secondary Research
3.4. Primary Research
3.4.1. Primary Interviews And Information Gathering Process
3.4.2. Breakdown Of Primary Respondents
3.5. Forecasting Techniques
3.6. Market Size Estimation
3.6.1. Bottom-Up Approach
3.6.2. Top-Down Approach
3.7. Data Triangulation
3.8. Validation
4. MARKET DYNAMICS
4.1. Overview
4.2. Drivers
4.2.1. Increase In Incidence Of Pandemic Diseases Like Coronavirus, Swine Flu, And Others
4.2.2. Rise In Adoption Of Disposable Medical Gloves
4.3. Restraints
4.4. Opportunities
4.5. COVID-19 Impact Analysis
4.5.1. Impact On Supply Chain
4.5.2. Impact On Production
4.5.3. Impact On Regions
4.5.4. Demand-Supply Gap Analysis
4.5.5. Impact On Pricing
5. MARKET FACTOR ANALYSIS
TOC Continued…
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