Press release
Medical Gloves Market Size to Boost USD 43.14 Billion By 2032 | CAGR 9.9% - Published by Emergen Research
Medical Gloves Market
The global medical gloves market has witnessed significant growth in recent years, driven by several factors such as the increasing prevalence of contagious diseases, rising awareness regarding hygiene and safety measures, and the growing demand for disposable gloves in healthcare settings. Medical gloves are an essential component of infection control practices, providing protection to both healthcare professionals and patients against the transmission of pathogens and contaminants. They are widely used in hospitals, clinics, diagnostic laboratories, and other healthcare facilities to prevent cross-contamination and maintain a sterile environment during medical procedures and examinations.
The report offers these individuals a vivid description of the competitive spectrum of the global Medical Gloves Market The study audits various winning strategies adopted by the market leaders to maintain the competitive edge worldwide. This adds more clarity to the research. Resource charts, tables and graphical images are included to make decisive statistics self-explanatory.
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Drivers of the Medical Gloves Market :
One of the primary drivers contributing to the growth of the medical gloves market is the surge in healthcare-associated infections (HAIs) globally. With the growing awareness about the importance of infection control and prevention, healthcare facilities are increasingly emphasizing the use of medical gloves to minimize the risk of transmission of infectious agents among patients and healthcare workers. Moreover, stringent regulations mandating the use of gloves in healthcare settings to ensure safety and hygiene standards further propel market growth. Additionally, the rise in surgical procedures, particularly in developing regions, boosts the demand for surgical gloves, thereby driving market expansion.
Challenges and Restraints
Despite the significant growth prospects, the medical gloves market faces certain challenges and constraints. One of the primary concerns is the shortage of raw materials, particularly natural rubber latex, which is a key component in the manufacturing of medical gloves. Fluctuations in latex prices and supply chain disruptions can impact the production and availability of gloves, posing challenges for manufacturers and potentially leading to price fluctuations. Furthermore, concerns regarding allergic reactions associated with latex gloves have led to the development and adoption of alternative materials such as nitrile and vinyl gloves. However, these alternatives may come with their own set of challenges, including higher manufacturing costs and inferior performance compared to latex gloves.
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The report also discusses the key players involved in the market such as:
Kossan Rubber Industries Bhd., Cardinal Health, Semperit AG Holding, Dynarex Corporation, Leica Microsystems, B. Braun Melsungen AG, Supermax Corporation Berhad, Hartalega Holdings Berhad, and Top Glove Corporation Bhd
The report provides a thorough estimation of the overall impact of the pandemic on the Medical Gloves Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Medical Gloves Market
Medical Gloves Latest Industry Updates
On 4 December, 2023, Bioliberty secured a £435,000 (~USD 549,688) grant from Innovate UK's Biomedical Catalyst program. The Edinburgh-based company specializes in a robotic glove assisting stroke patients with hand movements.
In June 2021, Medical Glove Company in the U.S. signed a USD 63.6 million contract with the Department of Defense (DOD), on behalf of Health and Human Services (HHS), to expand the domestic industrial base for nitrile glove production in the U.S.
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Medical Gloves Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global medical gloves market on the basis of distribution channel, material, application, end-use, and region:
Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
Retail outlets
Online
Medical stores
Sterility Outlook (Revenue, USD Billion; 2019-2032)
Non-sterile
Sterile
Material Outlook (Revenue, USD Billion; 2019-2032)
Natural rubber
Nitrile
Vinyl
Neoprene
Polyethylene
Others
Application Outlook (Revenue, USD Billion; 2019-2032)
Examination
Surgical
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Hospitals
Diagnostic centers
Outpatient/Primary care facilities
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Benelux
Russia
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
ASEAN Countries
Oceania
Rest of APAC
Latin America
Brazil
Mexico
Rest of LATAM
Middle East & Africa
GCC Countries
Israel
Turkey
South Africa
Rest of Middle East & Africa
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