Medical Gloves Market Size to Boost USD 43.14 Billion By 2032 | CAGR 9.9% Published by Emergen Research

The global medical gloves market size was USD 16.88 Billion in 2022 and is expected to register a rapid revenue CAGR of 9.9% during the forecast period. Rising number of medical facilities in emerging countries and awareness about hygiene and increasing number of surgeries and prevalence of contagious diseases are key factors driving market revenue growth.

The medical gloves market is an essential part of the global healthcare industry, providing a crucial line of defense in preventing the transmission of infections and protecting both healthcare workers and patients. Medical gloves are used extensively in hospitals, clinics, laboratories, and surgical procedures to prevent contamination and ensure a sterile environment. They come in different materials such as latex, nitrile, and vinyl, and are available in various forms including powdered, powder-free, sterile, and non-sterile varieties. With the growing awareness of hygiene and safety in healthcare settings, coupled with the surge in demand due to the COVID-19 pandemic, the medical gloves market has witnessed significant expansion.

The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Drivers of the Medical Gloves Market :

One of the primary drivers of the medical gloves market is the increasing awareness about hygiene and infection control in healthcare settings. Medical gloves are a standard requirement in many medical procedures, surgeries, and patient care activities to prevent cross-contamination. With the rise in hospital-acquired infections (HAIs) and the growing need to maintain hygiene, the demand for medical gloves has seen a steady increase globally.

The COVID-19 pandemic also acted as a major catalyst for the growth of the medical gloves market. As the virus spread worldwide, the need for personal protective equipment (PPE) surged, with medical gloves being a critical component of PPE for healthcare workers. The pandemic heightened the awareness of the importance of protective gear in preventing the spread of infectious diseases, leading to unprecedented demand for medical gloves. Even as the pandemic subsides, this heightened focus on safety and infection control is expected to continue driving market demand.

Restraints of the Medical Gloves Market :

Despite the significant demand, the medical gloves market faces a few challenges. One major restraint is the risk of allergic reactions, particularly to latex gloves. Latex, a natural rubber, has been widely used in the manufacturing of medical gloves due to its flexibility, durability, and comfort. However, latex allergies can cause mild to severe reactions, ranging from skin irritation to anaphylaxis in some individuals. This has led to an increased shift toward non-latex alternatives such as nitrile and vinyl gloves, which are hypoallergenic but often come at a higher cost.

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Growth Factors of the Medical Gloves Market :

Several factors are poised to contribute to the future growth of the medical gloves market. One key growth area is the rising demand for nitrile gloves, which are becoming increasingly popular due to their hypoallergenic properties and resistance to chemicals and punctures. Nitrile gloves are widely regarded as a safer alternative to latex gloves, especially for healthcare workers and patients with latex allergies. As more healthcare facilities shift to nitrile gloves, this segment of the market is expected to see robust growth.

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 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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