Medical Grade Exam Gloves Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027 - Top Glove, Hartalega, Ansell, Medline, Semperit, Supermax, YTY GROUP, Cardinal Health

The “Medical Grade Exam Gloves Market” report provides 2021-2027 a detailed market overview based on current and future trends that will determine the profit structure. Market size, demand, supply chain, market growth factors, and future trends. It involves an in-depth study of the current trends leading to this vertical trend in different regions. The report provides important information related to components and factors such as market size, market share, market segmentation, main growth drivers, and market competition. Medical Grade Exam Gloves market segments are highlighted by type and application, region, and major players. It provides key statistics on the market conditions of major market participants.

“The Medical Grade Exam Gloves Market is predicted to register a CAGR of 10% over the forecast period 2021 – 2027.”

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Market Overview

The Medical Gloves market is primarily witnessing growth due to the Rise in the Number of Hospital Visits and Surgeries and the Increasing Incidence of Infections.  The healthcare structure in developing countries is improving and as a result, the awareness regarding medical facilities is also increasing. This has resulted in an increasing number of hospital visits and surgeries. Moreover, the number of hospital visits in developed countries have increased as well. For instance, in England, the number of visits to the accident and emergency department (A&E) has increased continuously over the years. As per the 2020 report by the National Health Service, attendance has risen from 59,396 in 2013 to 70,230 in 2019.​

Key Competitors of the Medical Grade Exam Gloves market is:

Top Glove, Hartalega, Ansell, Medline, Semperit, Supermax, YTY GROUP, Cardinal Health, Medicom, ARISTA, KIRGEN, Kossan, HL Rubber Industries, Rubbercare, Bluesail, Jaysun Glove, Jiangsu Cureguard Glove, Shangdong Yuyuan, Zhanjiang jiali, Motex, Ningbo Tianshun, Qingdao Heli

Recent Development

Ansell

Ansell has acquired 19 companies, including 2 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 3 assets. Ansell’s largest acquisition to date was in 2013 when it acquired BarrierSafe Solutions International for $438M. Its largest disclosed sale occurred in 2017 when it sold Ansell - Sexual Wellness Business to Trustar Capital for $600M. Ansell has acquired in 6 different US states, and 10 countries. The Company’s most targeted sectors include consumer products (43%) and apparel/textiles (37%).

Medline

Medline has acquired 8 companies of its own, including 7 in the last 5 years. Medline’s largest acquisition to date was in 2019 when it acquired AngioDynamics - NAMIC Fluid Management Portfolio for $168M. Medline has been acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include medical products (88%) and consumer products (13%).

Impact of COVID-19 on the Medical Grade Exam Gloves Market:

The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.

Major Types covered are:

Nitrile Gloves
Latex Gloves
PVC Gloves
Others

Major Applications covered are:

Hospital
Clinics
Medical Institution
Other

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North America is expected to Dominate the Market

The North American market is expected to dominate primarily due to large market in the United States. As per the American Hospital Association (AHA) of the United States, the number of hospital admissions have increased in the country have continuously over the years. For instance as per the report data, there were around 439.86 million outpatient visits in community hospitals in 1996, which increased to nearly 599.55 million by 2006, to 747.09 million in 2016, as per 2018 report by AHA.​ Increasing hospital visits are ex[pected to increase the demand for medical gloves, which will boost the market growth.

Regional market Medical Grade Exam Gloves (regional production, demand and forecast by country):

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situations, most important trade models, and consequently the possible headways in services with the aid of using crucial gamers inside the upcoming years.

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Key Market Trends

Application of Medical Gloves in Chemotherapy is Expected to Rise
Due to their potential mutagenic, carcinogenic and teratogenic effects, occupational exposure to chemotherapy drugs should be kept to a minimum. Utilization of personnel protective devices, especially the use of protective medical gloves, is a mainstay to avoid skin contact. The choice of appropriate gloves is of outstanding importance. For optimal protection in the oncology setting, it is essential to establish general guidelines evaluating appropriate materials and defining quality standards.
Moreover, the demand for chemotherapy is expected to increase in the future as well due to the rising incidence of cancer. Cancer Research UK suggests that if recent trends in incidence of major cancers and population growth are consistent, it is predicted there will be 27.5 million new cancer cases worldwide each year by 2040, as compared to 17 million in 2018.
With the increasing demand for chemotherapy, demand for chemotherapy-grade gloves is also expected to increase. This is also expected to boost market growth.

Report Features:

To project the value and sales volume of the Medical Grade Exam Gloves market, concerning key regions.
To analyses competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To study and analyses the global Medical Grade Exam Gloves market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
To understand the structure of the Medical Grade Exam Gloves market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, industry-specific challenges, and risks).

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