The Global Disposable Medical Gloves Market to Reach $8595.16 Million by 2028

As per a Triton Market Research report, the global disposable medical gloves market, which accounted for $4324.46 million in 2018, is likely to flourish with a CAGR of 6.90% by the year 2028.

A study by Triton Market Research with the title ‘Global Disposable Medical Gloves Market,’ covers the Global Analysis and Forecast for 2019-2028 by Form (Powdered, Non-Powdered), Application (Surgical, Examination), Type (Neoprene, Nitrile, Vinyl, Natural Rubber, Other Type), and by Geographical Region (Asia-Pacific, North America, Middle East and Africa, Europe, Latin America).

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According to the report, the global disposable medical gloves market will reach $8595.16 billion by 2028, progressing with a CAGR of 6.90% (in value terms) over the estimated period from 2019 to 2028. It will also evolve with a CAGR of 5.56% (in volume terms) during this period. Disposable medical gloves are used in the healthcare sector to avoid accidental cross-infection between patients and caretakers. They are mainly used in medical areas like forensics, examination and surgical purposes.

The improvement in the quality of gloves due to the technological advancements is likely to drive the growth of the global disposable medical gloves market. Medical gloves are used by health professionals during surgeries to prevent cross-contamination. They are also used in household purposes for cleaning and other activities. The increasing application of disposable medical gloves has escalated suddenly with the widespread coronavirus pandemic situation, thereby aiding the global market growth.

However, the harmful effects of disposable medical gloves owing to chemical reactions are restraining the global disposable medical gloves market. In addition, the intense price competition between the market players is also impacting market growth.

The market for disposable medical gloves is primarily segmented into three components, form, application and type. The first segment, form includes powdered and non-powdered. The second segment, application is segmented into two parts, surgical and examination. The third main segment, type, is classified into neoprene, nitrile, vinyl, natural rubber and other type.

As per the regional landscape, Asia-Pacific is anticipated to be the fastest-growing region for the disposable medical gloves market over the next years. The increasing demand for disposable medical gloves in the medical sector in countries like India and China is set to surge the growth of the regional disposable medical gloves market in the next few years.

Similarly, North America is likely to be the largest market for the disposable medical gloves market with the highest revenue in the world. Growth in certain healthcare segments like dentistry, alternate care and long-term care offers immense growth opportunities for the growth of the disposable medical gloves market in North America.

Few companies in the disposable medical gloves market are Primus Gloves Pvt Limited, Dynarex Corporation (QuickMedical), Top Glove Corporation Bhd, Adventa Berhad, Semperit AG Holding, Kossan Rubber Industries Bhd, Ansell Ltd, B Braun Melsungen AG, Medline Industries Inc, Supermax Corporation Berhad, Rubberex Corporation (M) Berhad, MRK Healthcare Pvt Ltd, Hartalega Holdings Berhad and Cardinal Health.

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Question & Answer: Disposable Medical Gloves Market

Question 1: What are the factors likely to drive the growth of the global disposable medical gloves market growth?
Answer: The improvement in the quality of gloves due to the technological advancements is likely to drive the growth of the global disposable medical gloves market. Medical gloves are used by health professionals during surgeries to prevent cross-contamination. They are also used in household purposes for cleaning and other activities. The increasing application of disposable medical gloves has escalated suddenly with the widespread coronavirus pandemic situation, thereby aiding the global market growth.

Question 2: Which factors are restraining the growth of the global disposable medical gloves market?
Answer: The harmful effects of disposable medical gloves owing to chemical reactions are restraining the global disposable medical gloves market. In addition, the intense price competition between the market players is also impacting market growth.

Question 3: How are the Asia-Pacific and North America influencing the disposable medical gloves market outlook?
Answer: As per the regional landscape, Asia-Pacific is anticipated to be the fastest-growing region for the disposable medical gloves market over the next few years. The increasing demand for disposable medical gloves in the medical sector in countries like India and China is set to surge the growth of the regional disposable medical gloves market in the next years.

Similarly, North America is likely to be the largest market for the disposable medical gloves market with the highest revenue in the world. Growth in certain healthcare segments like dentistry, alternate care and long-term care offers immense growth opportunities for the growth of the disposable medical gloves market in North America.

Question 4: Which are the companies mentioned in the competitive landscape of the report on the disposable medical gloves market?
Answer: Few companies in the disposable medical gloves market are Primus Gloves Pvt Limited, Dynarex Corporation (QuickMedical), Top Glove Corporation Bhd, Adventa Berhad, Semperit AG Holding, Kossan Rubber Industries Bhd, Ansell Ltd, B Braun Melsungen AG, Medline Industries Inc, Supermax Corporation Berhad, Rubberex Corporation (M) Berhad, MRK Healthcare Pvt Ltd, Hartalega Holdings Berhad and Cardinal Health.

Related Report:
Global Hand Sanitizer Market

The global hand sanitizer market is expected to display revenue growth at $2893.8 million by 2028, with a CAGR of 10.07% over the forecasting period 2019-2028.

The adoption of new innovations, such as the addition of different fragrances, is likely to drive the growth of the hand sanitizer market. Such novel formulations offer a pleasant and refreshing feel, thereby pushing their demand. The changing trend of health awareness among the people towards a healthy lifestyle will create an increased demand for hand santizers in the market, as they are highly effective against infections.

The rising healthcare-associated infections, which are acquired while receiving treatment for mainly surgical conditions, are fuelling the demand for hand sanitizers in the market. Such infections may be associated with medical devices like ventilators and catheters. In addition, due to the rising disposable income of the consumers, they are now able to afford such products. Campaigns from organizations like WHO towards the need for hand sanitization is boosting the market growth.

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