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Global Medical Disposable Gloves Market Projected to Reach USD 10,061.0 Mn by 2023 | Leading players of the Market include Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp.
Global Medical Disposable Gloves Market
The global Medical disposable gloves market was valued at $6,146.2 million in 2016 and is projected to reach $10,061.0 million by 2023, growing at a CAGR of 7.5% from 2017 to 2023.
Medical gloves are the disposable gloves that are used in medical methods, together with prognosis, surgery and dealing with chemotherapy agents. Disposable gloves are endorsed in scientific utility to reduce the chance of contamination of blood and other body fluids. Also, it's used to avoid the transmission of infections from the healthcare professionals to sufferers and vice-versa. These gloves are synthetic out of numerous kinds of polymers such as latex, nitrile rubber, vinyl, and neoprene.
Browse details of research report developed on Global Medical Disposable Gloves Market @ https://www.researchcosmos.com/reports/global-medical-disposable-gloves-market-forecast-2016-2025-industry-analysis-report/6944111
Drivers and Restraints:
The principal factors that drive the Medical disposable gloves market are growing attention of health and protection measures that are necessary to prevent the sicknesses. Further, the growing range of medical patients, together with healthcare, pharma, and food industries, is anticipated to supplement the market growth. Increasing adoption of technologically, advanced products and healthcare expenditure for R&D to increase innovative products will enhance the growth of the medical disposable gloves market.
But, the expenses of raw materials based on the foreign exchange fluctuations, and side effects results in using low-quality gloves are hampering the growth of the market.
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Geographic Segmentation
The Global Medical disposable gloves market is geographically segmented into North America, Latin America, Asia Pacific, Europe, Middle East and Africa. North America dominates the disposable gloves market due to the latest product innovations as a consequence of technological improvements. The innovation of advanced products which includes puncture-resistant gloves, temperature-resistant gloves, and others have also fueled the growth of this market. Europe and Asia-Pacific collectively accounted for around half of the market in the forecast period.
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Key Players:
Some of the leading players of the market include Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, Dynarex Corporation, Cardinal Health, Inc., B. Braun Melsungen AG and Ansell Limited. Other players operating in the value chain are Unigloves (UK) Limited, Smart Glove Corporation Sdn Bhd, Cypress Medical Products LLC, Microflex Corporation, Mölnlycke Health Care and YTY Industry Holdings Berhad.
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