Press release
Japan Medical Gloves Market Size Share Sales And Growth Rate, Assessment To 2031
The medical gloves market in Japan is experiencing remarkable growth, with a high compound annual growth rate (CAGR) of 16.4%. This growth can be attributed to the increasing burden of infectious and chronic diseases in the country, along with the rising demand for surgical procedures, particularly cosmetic surgery. Additionally, the flourishing medical tourism industry is propelling the market forward.
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According to a recent study conducted by strategic consulting and market research firm Report Ocean, the Japan medical gloves market was valued at USD 659.8 million in 2021. The study estimates that the market will grow at a CAGR of 16.4%, reaching a revenue of around USD 1,907.1 million by the end of 2028. The high growth rate of the Japan medical gloves market is driven by strict government guidelines mandating the use of personal protective equipment by healthcare workers to prevent cross-contamination and hospital-acquired infections (HAIs) following the COVID-19 outbreak. Furthermore, the increasing burden of infectious and chronic diseases, along with the growing demand for diagnostic tests and medical examinations, is expected to drive market growth during the forecast period. However, concerns regarding the environmental impact of non-biodegradable medical gloves may hinder market growth.
Lucrative Growth Opportunities Expected from Growing Online Sales Channels
The penetration of smartphones and the expansion of online platforms are providing significant growth opportunities for the Japan medical gloves market. Many manufacturers are utilizing popular websites such as Amazon.com and launching standalone websites to reach a larger consumer base. Moreover, medical glove manufacturers like Top Glove, Nulife, Cardinal Health, and Nipro offer a wide range of products on their websites and accept bulk orders from healthcare facilities, driving market growth.
Rising Demand for Nitrile Medical Gloves to Drive Market Growth
The Japan medical gloves market is segmented based on raw materials, including latex, nitrile rubber, vinyl rubber, polyisoprene, and others. Nitrile medical gloves hold the largest market share due to their superior chemical resistance compared to other materials. They are highly puncture-resistant, frictionless, and durable, providing protection against pathogens, body fluids, and chemicals. However, the vinyl rubber segment also represents a significant share of the market due to its lower cost and protection against skin allergies and reactions.
Segments-
BY PRODUCT TYPE (EXAMINATION, SURGICAL, CHEMOTHERAPY), BY FORM (POWDERED, POWDER-FREE), BY USAGE (DISPOSABLE, REUSABLE), BY RAW MATERIAL (LATEX, NITRILE RUBBER, VINYL RUBBER, POLYISOPRENE, OTHERS), BY END-USER (HOSPITALS, CLINICS, AMBULATORY SURGERY CENTERS, DIAGNOSTIC CENTERS, REHABILITATION CENTERS, OTHERS)
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Japan's Medical Gloves Market by End-User
The Japan medical gloves market is segmented by end-users, including hospitals, clinics, ambulatory surgery centers, diagnostic centers, rehabilitation centers, and others. Among these, the hospital segment dominates the market due to the surging COVID-19 cases in these facilities and the increasing demand for personal protective equipment (PPE) kits, including medical gloves, to protect frontline workers from virus transmission. However, diagnostic centers are expected to witness the highest growth rate during the forecast period as the government establishes new centers for rapid COVID-19 testing to prevent further outbreaks.
Impact of COVID-19 on Japan's Medical Gloves Market
The COVID-19 pandemic outbreak in Japan significantly boosted the medical gloves market in the country. Following the outbreak, the Japanese government made it mandatory for all healthcare professionals to wear medical gloves to prevent the spread of the virus, leading to a substantial increase in demand. Disposable medical gloves were widely used by frontline healthcare workers to protect themselves from virus transmission. With the emergence of the Omicron variant in Japan, the market may once again face a significant demand and supply gap.
Competitive Landscape of Japan's Medical Gloves Market
The leading players in the Japan medical gloves market are Motorix International Inc., Sansei Medical Instruments Co., Ltd., Nippon Chemical Screw Co., Ltd., Asahi Sangyo Co., Ltd., Green Drive Corporation, Urano Kogyo Co., Ltd., ICP Chemicals Co., Ltd., Happy Hands Latex Gloves Ltd., Sanko Chemical Industry Co. Ltd., Curex Mediwell LLC, and other prominent players.
Table of Content:
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Key Market Segments
2. Research Methodology
2.1. Qualitative Research
2.2. Methodology
2.3. Regional Split of Primary & Secondary Research
2.4. Secondary Research
2.5. Primary Research
2.5.1. Breakdown of Primary Research Respondents, By Region
2.5.2. Breakdown of Primary Research Respondents, By Industry Participants
2.6. Market Size Estimation
2.7. Assumptions for the Study
2.8. Market Breakdown & Data Triangulation
3. Executive Summary
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