How is the increase of COVID-19 Impacting the Medical Gloves Market? - Arizton

MEDICAL GLOVES MARKET SIZE IS EXPECTED REACH REVENUES OF OVER $16 BILLION BY 2025

The coronavirus (COVID-19) outbreak is first and foremost a human tragedy, affecting millions of people worldwide. Medical gloves are essential during the COVID-19 outbreak. Medical gloves can slow the spread of the disease and protect healthcare practitioners and patients. The outbreak is moving quickly with around 2.97 million people affected and around 207,000 deaths globally as on April 27, 2020.

As the demand for medical gloves rising sharply due to the pandemic, regulatory authorities are taking effective initiatives to ensure seamless production and supply of medical gloves, thus contributing to the growth of the global medical gloves market.

Medical Gloves Market - Geographical Overview

North America obtained the dominant position for medical gloves both in terms of revenue and volume in the global market in 2019. The presence of a large proportion of the disease population, coupled with better access to treatment for various acute and chronic diseases is the primary factor for its high market share. The strong presence of key medical gloves vendors is also another reason for high uptake of medical gloves in North America.

APAC is the third largest market for medical gloves in 2019. The major revenue contributors in APAC are China, Japan, India, South Korea, and Australia. Low treatment-seeking population associated social stigma in select regions, low awareness and comparatively less access to healthcare services, especially in developing countries are few factors that limit medical gloves to gain utmost potential in this region.

The medical gloves market is expected to grow at a CAGR of over 15% during the period 2019-2025.

The following factors are likely to contribute to the growth of the medical gloves market during the forecast period:

o Emergence of New Pandemic Challenge
o Progressive Emphasis on Stringent Health Regulations across Regions
o Increased Focus on Safety and Hygiene Standards
o Growth in Surgical Procedures

Base Year: 2019
Forecast Year: 2020-2025

The research report covers the market in terms of revenue and volume forecast. The study considers the present scenario of the medical gloves market and its market dynamics for the period 2019-2025.

It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

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Prominent Vendors

o Top Glove
o Kossan Rubber Industries
o Hartalega Holdings
o Semperit
o Cardinal Health
o Supermax
o Braun Melsungen

Other Prominent Vendors

o ACTEON
o ADVENTA Health
o AKZENTA INTERNATIONAL
o AlboLand
o ASID BONZ
o BERNER International
o Body Products
o BSN Medical
o CEABIS
o DIDACTIC
o Demophorius Healthcare
o Elcya
o ERENLER MEDIKAL
o Franz Mensch
o Gemma
o Hepro.us
o HUM GmbH
o Hygeco
o Intco Medical
o International Biomedical
o KALTEK
o Kanam Latex Industries
o Leboo Healthcare Products
o Low Derma
o Medadv
o Medibase
o Molnlycke Health Care
o MRK Healthcare
o Neomedic
o Pidegree Industrial
o Polyco Healthline
o RFB Latex
o Riverstone Holdings
o Robinson Healthcare
o SHIELD Scientific
o Smart Glove
o Sri Trang Agro-Industry
o TROGE MEDICAL
o Unigloves
o Winmed Group
o WRP Asia Pacific
o Wujiang Evergreen
o YTY Group

Segmentation by Material

o Latex
o Nitrile
o Vinyl
o Neoprene
o Others

Segmentation by Application

o Examination
o Surgical

Segmentation by End-user

o Hospital
o Diagnostic Laboratories
o ASCs
o Clinics
o Others

Segmentation by Category

o Non-powdered/powder-free
o Powdered

Segmentation by Geography

o North America

o US
o Canada

o Europe

o UK
o Germany
o France
o Italy
o Spain

o APAC

o China
o Japan
o South Korea
o Australia
o India

o Latin America

o Brazil
o Mexico
o Argentina
o Columbia
o Chile

o Middle East & Africa

o South Africa
o Saudi Arabia
o Turkey
o Iran

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About Arizton Advisory & Intelligence

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