Medical Gloves Market on Track for Strong Growth, Estimated to Grow at 10.7% CAGR Through 2029

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What Is the Expected CAGR for the Medical Gloves Market Through 2025?
The market size for medical gloves has experienced exponential growth in the past few years. It's projected to escalate from $8.67 billion in 2024 to approximately $9.58 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.4%. The Historical growth has been influenced by factors such as the increased number of surgery instances globally, the rise in healare spending in developing economies, the enhanced usage of single-use gloves in non-medical surroundings, and an aging population grappling with chronic illnesses.

What's the Projected Size of the Global Medical Gloves Market by 2029?
Over the upcoming years, the medical gloves market is set to witness a swift expansion. The projection is that by 2029, it will be valued at $14.39 billion, having grown at a compound annual growth rate (CAGR) of 10.7%. This anticipated surge is due to the rising inclination towards latex-free and biodegradable gloves, increased use of automation in glove production, expanding demand from home healare providers, increasing necessity in pharmaceutical and biotech manufacturing and the wider utilization of nitrile gloves due to latex allergies. Key trends during the forecast period are expected to be enhanced infection prevention measures in medical gloves, technological advancements in antimicrobial gloves, the evolution of environmentally friendly production lines, incorporation into telehealth kits and progress in the texturing of gloves for better grip.

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Top Growth Drivers in the Medical Gloves Industry: What's Accelerating the Market?
The medical gloves market is expected to experience growth spurred by a surge in surgeries. Essentially, surgeries are medical operations that involve manual or instrumental procedures to treat injuries, diseases, or other conditions. These usually involve incisions into the body to remove or repair impaired tissues or organs. The escalation in surgeries chiefly stems from the growing instances of chronic diseases that more often than not call for surgical procedures for their management and treatment. Medical gloves act as a shield during surgical procedures, lessening the chance of infections, averting the possibility of cross-contamination between patients and healare professionals, and keeping up the sterility requirement for best surgical results. For example, the British Association of Aesthetic Plastic Surgeons reported in March 2023 that in the UK alone 31,057 cosmetic surgeries were done in 2022, representing a significant rise of 102% compared to the previous year. As such, the upsurge in surgery numbers is fueling the expansion of the medical gloves market.

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What Are the Key Trends Driving Medical Gloves Market Growth?
Principal enterprises in the medical gloves industry are concentrating on the creation of innovative offerings such as powder-free biodegradable examination gloves, in response to the escalating demand for environmentally friendly healare alternatives. Powder-free biodegradable examination gloves, which are disposable and devoid of cornstarch, are expressly designed to degrade naturally over time. They provide critical protection against contamination during medical examinations and procedures for both patients and healare professionals. For example, in May 2023, Cranberry, a glove manufacturer based in the US, introduced the Bio Nitrile Gloves to the market. These gloves exhibit superior biodegradable traits that invite microbes present in landfills to decompose almost 90% of the glove within a span of 1.5 years, substantially mitigating their prolonged environmental impact. They also feature high resilience against punctures and offer excellent dexterity, coupled with textured fingertips that ensure an exceptional grip. Moreover, these gloves are compactly packaged in recycled materials to reduce waste generation and conserve storage space.

What Are the Main Segments in the Medical Gloves Market?
The medical gloves market covered in this report is segmented -

1) By Product Type: Reusable Gloves, Disposable Examination Gloves, Surgical Gloves, Disposable Industrial Gloves
2) By Material Type: Latex, Nitrile, Vinyl, Polyisoprene
3) By Application: Surgical Procedures, Examinations, Research Facilities, Food Handling
4) By Distribution Channel: Brick And Mortar, E-Commerce
5) By End-User: Hospital, Clinical, Ambulatory Surgery., Diagnostic Center, Other End-Users

Subsegments:
1) By Reusable Gloves: Reusable Examination Gloves, Reusable Surgical Gloves
2) By Disposable Examination Gloves: Latex Examination Gloves, Nitrile Examination Gloves, Vinyl Examination Gloves, Chloroprene Examination Gloves
3) By Surgical Gloves: Latex Surgical Gloves, Nitrile Surgical Gloves, Other Surgical Gloves
4) By Disposable Industrial Gloves: Cleanroom Gloves, Laboratory Gloves

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Which Top Companies are Driving Growth in the Medical Gloves Market?
Major companies operating in the medical gloves market are McKesson Corporation, Cardinal Health Inc., Medline Industries Inc., Paul Hartmann AG, Ansell Limited, Top Glove Corporation Bhd., Semperit AG Holding, Kossan Rubber Industries Bhd, Hartalega Holdings Berhad, Riverstone Holdings Limited, Supermax Corporation Berhad, B. Braun Melsungen AG, Rubb Corp M Berhad, Dynarex Corporation, Leboo Healare Products Limited, Cypress Medical Products LLC, Mölnlycke Health Care, Akzenta International S.A., SHIELD Scientific, Erenler Medikal Sanayi ve Ticaret A.S.

Which Regions Will Dominate the Medical Gloves Market Through 2029?
North America was the largest region in the medical gloves market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical gloves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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