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Global Disposable Medical Gloves Market Company Share, Industry Size, Strategies and Forecast to 2030

09-23-2022 08:23 AM CET | Health & Medicine

Press release from: Inkwood Research

DISPOSABLE MEDICAL GLOVES MARKET

DISPOSABLE MEDICAL GLOVES MARKET

According to a new market research report published by Inkwood Research, the Global Disposable Medical Gloves Market is projected to register a CAGR of 7.11% in terms of revenue and 5.90% in terms of volume during the forecasting years of 2019-2028.
"Browse 53 Market Data Tables and 42 Figures spread over 188 Pages, along with an in-depth TOC on the Global Disposable Medical Gloves Market Forecast 2019-2028."

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Medical gloves are disposable gloves utilized in medical procedures and examinations in order to restrict cross-contamination between patients and caregivers. They are made of different polymers, including nitrile rubber, latex, neoprene, and polyvinyl chloride. The two types of medical gloves are surgical gloves and examination gloves. The surgical gloves are accurate when it comes to sizing with better sensitivity and are made to a high standard. The examination gloves come in as sterile or non-sterile. Medical gloves are utilized in biochemical and chemical laboratories.

Growing Concern for Safety and Hygiene propels Market Growth
There has been a considerable increase in awareness in terms of safety and hygiene among patients and healthcare workers. The latest Coronavirus scare has leveled up this awareness and alertness across the globe. The disposable medical gloves have applications in several medical industries, including pharmaceutical and healthcare. These gloves offer protection against reactive materials, toxic chemicals, and exposure to unhygienic conditions. There is an increasing need for product quality control, hygiene, workers' safety, and protection. Also, such gloves are utilized in household purposes for dishwashing and cleaning.
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Natural Rubber Gloves Harbors the Largest Revenue Share In the Type Segment
Natural rubber comprises polymers of organic compound isoprene besides impurities like water and organic compounds. The most commonly used natural rubber in the production of gloves is polyisoprene, which is classified as an elastomer. The natural rubber is thus extensively used in the manufacture of disposable medical gloves for non-medical and medical use. Surgeon gloves and examination gloves are the common latex gloves utilized in labs and hospitals. The natural rubber latex (NRL) products are extensively used as a barrier for protection from harmful chemical agents and disinfectants in the healthcare and environment.

North America - Dominating Region in terms of Volume and Revenue
The region of North America, with regard to the disposable medical gloves market, has gained a dominant position in the global market due to its swift pace in product innovations. These innovations are attributed to the technological advancements taking place in the region. The aging population graph of the region is registering increasing growth, resulting in a growing number of surgeries. This further boosts the demands, and subsequently, the growth prospects of disposable medical gloves in North America. The powder natural rubber latex gloves have gained momentum in the North American market, given its advantages like a reasonable price, excellent protection, durability, and comfort.
The major companies in the market include, Dynarex Corporation, Cardinal Health Inc, B Braun Melsungen AG, Ansell Ltd, Hartalega Holdings Berhad, Adventa Berhad, etc. The market encompasses many suppliers. The volatile raw material prices are responsible for moderate bargaining power. The product differentiation and distribution channel are low, while the number of raw material suppliers is high. The competition is evaluated to be high among the local and global vendors.

Related Report:
GLOBAL CLEANROOM DISPOSABLE GLOVES MARKET
GLOBAL WATERPROOF BREATHABLE TEXTILES MARKET

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