Disposable Medical Gloves Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3666
Disposable Medical Gloves Market size is projected to experience significant growth from 2019 to 2025.
The improving standards regarding sanitation and the increasing concerns about safety will drive the disposable medical gloves market over the forecast period. The hospital segment contributed to a large percentage of the disposable medical gloves market owing to a high budget of hospitals in comparison to ambulatory surgical centers and other such settings.
With technological advancements in the healthcare sector, the demand for disposable medical gloves will rise. The rising number of surgeries, increasing number of hospitals, rising adoption of ambulatory surgical centers are driving the growth of this market. Such, factors will boost the disposable medical gloves market in forthcoming years.
The increasing adoption of personal protective equipment as per guidelines of regulatory bodies in developing as well as developed economies will drive their growth. The increasing number of surgeries due to reimbursement policies across the globe will subsequently increase the demand for disposable medical gloves during the coming years.
Moreover, technological developments pertaining to advancements in disposable medical gloves is a major factor that will drive the market growth. However, increasing price competition among manufacturers, allergy reactions with latex gloves and environmental impact on disposals of medical gloves could hamper the industry growth.
The latex segment is expected to have the largest share over the forecast period owing to the low cost and its usage in frequent less complicated medical procedures. The key factor contributing to the latex segment growth is latex being eco-friendly.
The U.S. contributed for the largest market in the global disposable medical gloves market in 2018 owing to the presence of highly developed healthcare infrastructure, technological advancements, and the presence of major market players in the region. Also, high healthcare expenditure will fuel market growth.
Japan is expected to witness significant growth in the disposable medical gloves market during the analysis period owing to the technological advancements, rising disposable incomes, and increasing developments in the healthcare infrastructure. Above mentioned factors will boost the demand for disposable medical gloves.
Some of the key industry players include Rubberex Corp. M Bhd, Top Glove Corporation Berhad, Semperit AG Holding, Supermax Corporation Berhad, Kossan Rubber Industries Bhd., Cardinal Health Inc, Hartalega Holdings Berhad, Dynarex Corporation, Adventa Berhad and Ansell Limited. Key strategic initiatives taken by industry players include partnerships, mergers, strategic collaborations, and innovative product launches to expand their business product portfolio.
Disposable Medical Gloves Market by Material, 2014-2025 (USD Million)
Disposable Medical Gloves Market by Application, 2014-2025 (USD Million)
Disposable Medical Gloves Market by Form, 2014-2025 (USD Million)
Disposable Medical Gloves Market by End-use, 2014-2025 (USD Million)
- Ambulatory surgical centers
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Top Glove Corporation Berhad
- Supermax Corporation Berhad
- Semperit AG Holding
- Rubberex Corp. M Bhd
- Kossan Rubber Industries Bhd.
- Hartalega Holdings Berhad
- Dynarex Corporation
- Cardinal Health, Inc.
- Adventa Berhad
- Ansell Limited
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