Disposable Medical Gloves Market to Witness Growth Acceleration by Top Key Players 2022-2030
The Global Disposable Medical Gloves Market size is estimated to be USD 4.86 billion in 2019 and is predicted to reach USD 13.46 billion by 2030 with a CAGR of 9.7% from 2020-2030.Disposable Medical Gloves are the gloves made up of rubber, latex and others which acts as protection barriers for the healthcare professional and prevent the spread of infection. These gloves are also used in the laboratory to further avoid the direct contact with the samples, different gloves offer different advantages such as puncture resistance, friction less and also offer durability to carry out required actions.
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Top Companies: Supermax Corporation Berhad, Top Glove Corporation Berhad, Semperit AG Holding, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd., Cardinal Health, Inc., Dynarex Corporation, AG Ansell Limited and B. Braun Melsungen and others.
Market Dynamics and Trends
There has been modernization in healthcare facilities with development in the existing infrastructure coupled with technological advancement over the forecast period. Furthermore, increase in the prevalence of hospital acquired infections and epidemic diseases such as H1N1 virus and others are expected to promote the growth of disposable medical gloves market in the near future.
The other factors include increase in hospitals and laboratories with increase in safety and hygiene concerns coupled with wide applications are further expected to fuel the growth of disposable medical gloves market over the forecast period. However, increase in allergic and chemical reactions from these gloves due to the ingredients used is expected to inhibit the market growth. Moreover, untapped opportunities in the developing economies and increase in local manufacturers are further expected to create lucrative opportunities in the disposable medical gloves market.
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Market Segmentations and Scope of the Study:
The global disposable medical gloves market share is analyzed on the basis of type, form, application, end users and geography. On the basis of type, the market is segmented into Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves, and Others. On the basis of form, the market is divided into powdered and Non-powdered. Based on application, the market is fragmented into examination and surgical. Basedon end user, the market is categorized into Hospitals & Clinics, Diagnostic/Pathology Labs, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis
North America is expected to dominate the disposable medical gloves market in terms of market share over the forecast period. Furthermore, increase in healthcare facilities with developed infrastructure and technological advancements coupled with increase in safety concerns are further expected to accelerate the market growth.
Asia Pacific is expected to show rapid growth over the forecast period with substantial increase in the market share owing to the increase in hospitals and laboratories. Furthermore, increased prevalence of hospital acquired infections and wide applications are further expected to support the growth of disposable medical gloves market.
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