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Medical Gloves Market size to surpass around USD 35.6 Billion by 2031 | Medicom. (Canada), YTY Group. (Malaysia), Arista Networks, Inc. (US)

05-22-2023 04:39 AM CET | Health & Medicine

Press release from: Global Insight Services

Medical Gloves Market

Medical Gloves Market

The global Medical Gloves Market was valued at US$ 15.4 billion in 2021 and it is anticipated to grow up to US$ 35.6 billion by 2031, at a CAGR of 8.7% during the forecast period.

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Medical gloves are hand gloves used by healthcare providers in order to limit infection transfer into patients. Medical gloves are made of various materials and are accessible in the market through both online and offline channels. Medical gloves are mostly used during diagnostic tests and procedures to maintain sanitation, the safety of patients and caregivers, and the prevention of infections. Disposable gloves are commonly used in the healthcare industry to prevent the spread of infectious bacteria between patients and physicians.

Market Drivers and Trends

The Growing Demand for Powder-free or Non-powdered Medical Gloves. The usage of latex gloves has resulted in an increase in allergic or hypersensitive responses among healthcare personnel. On the wrists and hands, allergic responses such as irritant contact dermatitis, a non-immunologic response to an irritant, or skin damage occur. As a result, the worldwide gloves market is predicted to grow as individual's transition to non-powdered or powder-free gloves, synthetic gloves, or low-protein latex gloves.

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Furthermore, Increase of surgical procedures. The increasing number of surgical operations performed for a variety of causes such as car accidents, cosmetic enhancements, and surgeries connected to old age, and much more is directly driving market growth. Additionally, the increasing introduction of innovative and advanced surgical items into the market is paving the way for development. The above aforementioned factors can increase the market growth.

Major Players in the Global Medical Gloves Market

The key players studied in the global Medical Gloves Market are Ansell Ltd (Australia), Arista Networks, Inc. (US), Cardinal Health (US), Jiangsu Jaysun Glove Co.Ltd (China), Kossan Rubber Industries Bhd (Malaysia), Medicom (Canada), Medline Industries, Inc. (US), Semperit AG Holding (Austria), Supermax Corporation Berhad (Malaysia), YTY Group (Malaysia)

COVID-19 Impact

COVID-19 has had a large and beneficial influence on the market. The increasing number of patients infected with COVID-19 and the increasing rate of hospitalization during this period increased demand for medicinal devices that prevent infection spread.

The popularity of disposable gloves skyrocketed because coronavirus is a contagious illness, the use of medical gloves became increasingly important during this period. Despite the expanding tendency of homecare settings, the market's future appears to be bright.

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An ASX-listed firm, reported that an extraordinary increase in demand for surgical gloves as the amount of Covid-19 effects remains unknown. The firm is collaborating with government officials all across the world to make the requests. Despite the risks of commercial operations, it is sticking to severe precautions such as daily temperature checks, labor screening, social distancing, and surface cleanliness to keep manufacturing running.

Medical Gloves Market Segmentation

By Type

• Examination
• Surgical
• Chemotherapy

By Raw Material

• Latex
• Nitrile
• Vinyl
• Others

By Form

• Powdered
• Non-Powdered

By End-User

• Hospitals
• Diagnostic Laboratories
• Ambulatory Surgical Centers
• Others

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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