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Potential Impact of COVID-19 on Disposable Gloves Market Analysis on Current Trends and Growth | P&S Intelligence

05-29-2020 08:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Potential Impact of COVID-19 on Disposable Gloves Market

The rising prevalence of infectious diseases across the world is one of the key factors fuelling the growing demand for disposable gloves. As per the World Health Organization (WHO), 9 million people were diagnosed with tuberculosis (TB) and 1.5 million people died due to this disease in 2013. In addition to this, the organization reported that 145,700 people died as a result of measles (a viral infection) in 2013. These factors have resulted in a huge increase in the need for proper equipment that would protect the patients and caregivers from serious infections, thereby pushing the demand for disposable gloves.

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Since the last few decades, there has been a massive rise in awareness regarding hand hygiene especially in the medicine and healthcare sector and this has propelled the adoption of disposable gloves in medical practices all around the world. Several international healthcare agencies and organizations including the Centers for Disease Control and Prevention and the WHO, have been involved in monitoring and promoting patient safety programs in order to improve awareness regarding hand hygiene. The rising healthcare expenditure in many countries is also a major factor responsible for the soaring demand for disposable gloves.

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Globally, North America is expected to observe the highest growth in the demand for disposable gloves in the coming years, on account of the high awareness regarding hand hygiene, high incidence of infectious diseases, and greater patience compliance for surgical treatments in the region. The recommendation of the CDC for the utilization of disposable gloves in medical treatments and procedures will also fuel their adoption in future. Asia-Pacific (APAC) is predicted to register the fastest growth in the demand for disposable gloves in future, owing to the rising healthcare expenditure and improving healthcare expenditure in the region.

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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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