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COVID-19 Pandemic Fueling Global Demand for Medical Gloves

10-12-2021 08:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

COVID-19 Pandemic Fueling Global Demand for Medical Gloves

The rising prevalence of contagious diseases is pushing up the sales of medical gloves across the world. In recent times, there have been outbreaks of numerous diseases such as severe acute respiratory syndrome (SARS), SARS-CoV-2 (COVID-19), Middle East respiratory syndrome (MERS), Zika, and Ebola. These outbreaks have made a huge positive impact on the global sales of medical gloves. The ongoing COVID-19 pandemic is massively boosting the requirement for medical equipment that can mitigate the spread of the infection.

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Besides the aforementioned factor, the rising incidence of chronic diseases is also fueling the surge in the demand for medical gloves across the world. As per the World Health Organization (WHO), the incidence of chronic diseases is predicted to increase by as much as 57% by the end of 2020. Emerging economies are predicted to witness a sharp rise in the occurrence of these diseases, on account of the rapid population growth in these countries.

The growing prevalence of chronic diseases is boosting the requirement for surgeries. For example, in Mexico, the number of coronary artery bypass graft surgeries rose from 4,900 to 5,125 from 2015 to 2016, while, the number of these surgeries grew from 19,242 to 19,310 from 2015 to 2016 in France. The surging population of geriatric people is another major factor propelling the demand for medical gloves all over the world.

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This is ascribed to the rising requirement for medical gloves in healthcare settings, the rapid spread of the COVID-19 infection, and the existence of several major medical gloves producing companies in the region. In the future, the medical gloves market will register huge expansion in Asia-Pacific (APAC), as per the estimates of the market research company, P&S Intelligence. This would be due to the increasing geriatric population and the rising requirement for these gloves in healthcare settings in the region.

Hence, it is safe to say that the sales of medical gloves will rise enormously across the world in the coming years, mainly because of the growing prevalence of various contagious diseases around the world.

About P&S Intelligence
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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P&S Intelligence
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Email: enquiry@psmarketresearch.com

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