Disposable Medical Gloves Market Foresee Significant Growth in Healthcare Industry

Disposable medical gloves majorly act as a protection utility for healthcare professionals and patients to avoid healthcare associated infections. During time, numerous variants of disposable medical gloves have been developed, which include nitrile, natural rubber, neoprene and vinyl. Each of these variants have different benefits as compared with conventional (usually rubber) gloves, and provides wide application in healthcare industry. For instance, nitrile gloves are friction less, puncture-resistant, and have a long shelf life than latex gloves.

Subsequently, nitrile gloves are used by tattoo artists, medical and dental professionals as well as in laboratories as they provide protection, highly durable and are highly rupture resistant. Rise in incidence of pandemic diseases such as swine flu (H1N1 pandemic) and a subsequent need for infection control drives the growth of the global disposable medical gloves market. High durability of gloves coupled with protection from hazardous materials makes disposable medical gloves a major revenue generating segment.. The global disposable medical gloves market was valued at $3,819 million in 2016, and is expected to reach $5,994 million by 2023, registering a CAGR of 6.9% during the forecast period.

The adoption of disposable medical gloves has increased over the years owing to the rise in safety concerns and hygiene. Additionally, the growing number of end users in healthcare industry coupled with the advancements in technology such as the introduction of various materials for manufacturing disposable gloves will also aid in supplementing the market growth. However, toxic reaction caused by powdered gloves and high price competition from local manufactures will impede the growth of disposable medical gloves market. For instance, the accelerators and other chemicals used to manufacture latex and non-latex gloves causes allergic reactions such as irritant contact dermatitis. Moreover, the introduction of disposable medical gloves in untapped economies will create lucrative opportunities in the market.

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The global disposable medical gloves market is segmented on the basis of type, form, application and region. By type the market is segmented into natural rubber, nitrile, vinyl, neoprene, polyethylene and others. Natural rubber is the highest revenue generating segment owing to ease of use and wider availability. Based on form, the market is segmented into powdered gloves and non-powdered gloves. On the basis of application, the market is segmented into examination and surgical gloves.
The global disposable medical gloves market based on type is bifurcated into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene, polyethylene and others. The polyethylene gloves is the fastest growing segment owing to the various advantages offered by polyethylene gloves such as cost efficient and are easily available.

Based on application the market is bifurcated into examination and surgical medical gloves. Examination application was the highest contributor in the market owing to the wide range of applications of examination gloves in cases such as emergency medical services, general medical exam, first response, and laboratory application for personal protection during operative procedures.

The disposable medical gloves market based on region is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the disposable medical gloves market in terms of revenue in 2016, and is expected to retain its dominance throughout the forecast period. This is attributed to the well-established healthcare infrastructure and the increase in adoption of disposable medical gloves across healthcare settings for preventing healthcare associated infections.

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The report provides a comprehensive analysis of the key players operating in the global disposable medical gloves market such as 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, Mlnlycke Health Care and YTY Industry Holdings Berhad.

Key Benefits for Stakeholders

• The study provides an in-depth analysis with the current trends and future estimations of the global disposable medical gloves market to elucidate the imminent investment pockets.
• Comprehensive analysis of the factors that drive and restrict the market growth is provided.
• The quantitative analysis of the industry from 2016 to 2023 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
• Extensive analysis of key segments of the industry is provided to understand the type of disposable medical gloves used globally.
• Key players and their strategies are analyzed to understand the competitive outlook of the market.

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