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Disposable Gloves Market - Global Forecast to 2026

08-29-2018 02:56 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Medical gloves are disposable gloves used during medical procedures, such as diagnosis, surgery and handling of chemotherapy agents. Disposable gloves are recommended in medical application to reduce the risk of contamination with blood and other body fluids. Also, it is used to avoid the transmission of infections from the healthcare professionals to patients and vice-versa. Non-powdered disposable gloves are primarily recommended in the medical and healthcare facility to avoid reactions with alcohol-based hand rub. Increasing demand for non-powdered disposable gloves is attributed to increasing adaption of non-powdered disposable gloves by people who are sensitive to latex gloves, which in turn is driving growth of the disposable gloves market.

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Due to the various application of disposable gloves in the medical, food and beverages industry, Food and Drug Administration (FDA), implemented the regulations mandating disposable glove manufacturers to disclose the level of allergy-related proteins and amount of powder in the glove. Moreover, FDA also classified the medical gloves to Class I devices, which mandates gloves to be manufactured under strict conditions and manufacturers would be required to submit additional documentation to the FDA in order to receive the final product review.

The global disposable gloves market is estimated to be valued at US$ 6,155.4 million in 2017 and is expected to witness a CAGR of 7.8% over the forecast period (2018 – 2026)

Increasing number of product development and new product launches are expected to augment growth of the disposable gloves market

Key players in the manufacturing of disposable gloves market are engaged in the continuous development to introduce the gloves, which eliminates the potential transmission of bacteria and other hand/glove transmitted pathogens. For instance, in February 2018, Eagle Protect introduced a new formulation of nitrile gloves similar to the Teflon, which was resistant to bacteria and micro-organisms, thereby reducing the risk of potential cross-contamination in ready-to-eat-foods. In February 2013, Ferraris Piston Service Limited launched a black nitrile disposable gloves product range. These powder-free gloves are indicated to use in both mechanical and industrial environments.

Moreover, the growing burden of disposable gloves could limit the growth of disposable gloves market. The key manufacturers are developing disposable gloves, which could limit the adverse effect of gloves. They are also engaged in the several activities to recycle these disposable gloves. For instance, in December 2013, Globus Ltd lunched GREEN-DEX, the world’s first biodegradable nitrile disposable gloves. GREEN-DEX biodegrades in biologically-active landfills thereby providing an effective single-use hand protection solution and reducing the recycling cost. In June 2017, Cardinal Green Labs partnered with the E&K Scientific to launch the voluntary lab recycling program in the Stanford University lab. The program offers the free recycling bins to sort waste at the source. The program is estimated to keep 600 pounds of waste out of the landfills per bin per year. Furthermore, Cardinal Green Labs set up separate program to recycle the disposable gloves, which then collected and recycled by State, owned Environment Health & Safety Department.

North America accounted for high market share in the disposable gloves market, owing to well-established healthcare infrastructure and government policies, which ensure implementation of high standard of hygiene and best practices in the state. For instance, according to the U.S. Food and Drug Administration (FDA), the gloves used for handling foods are certified under Title 21 Code of Federal Regulations Part 177, which states that the components used for the manufacturing of the glove must comply with the FDA regulations and ensure that the gloves consist of substances, which is safe for use in food or food packaging. Asia Pacific is projected to witness the faster growing market for disposable gloves, owing to the developing healthcare infrastructure, increasing investments in healthcare, and to ensure excellence in the healthcare service and safety. For instance, China Food and Drug Administration (CFDA) recommended pharmaceutical companies in the China to pass the Good Manufacturing Practices (GMP) authentication, by ensuing personnel working in the production and manufacturing of pharmaceuticals facility are wearing disposable gloves. According to the China State Administration of Quality Supervision and China Food Association Statistics, as of July 2015 the domestic food processing and catering enterprises employed 580,000 people and the number of professionals and practitioners chef increased to 20 million. This in turn, is projected to create major demand for disposable gloves in the food industry in China in the near future. Increasing applications of disposable gloves in the various industry are expected to drive growth of the disposable gloves market over the forecast period.

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Some of the key players operating in disposable gloves market include Ansell Healthcare Products LLC, Adventa Berhad, Cardinal Health, Inc., Dynarex Corporation, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, MRK Healthcare Private Limited, Rubberex Corporation Bhd., Semperit AG Holding, Shield Scientific B.V., Supermax Corporation Berhad and Top Glove Corporation Bhd.

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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