Medical Gloves Market Size By Product (Latex Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves), By Form (Powder-free Gloves, Powdered Gloves), By Application (Examination Gloves, Surgical Gloves), By Usage (Disposable Gloves, Reusable Gloves), By Sterility (Sterile Gloves, Non-sterile Gloves), By Distribution Channel (Brick and Mortar, E-commerce), By End-use (Hospitals, Clinics, Ambulatory Surgical Centers, Diagnostic Centers), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Published Date: Mar 2020 | Report ID: GMI4593 | Authors: Sumant Ugalmugle, Rupali Swain
Medical Gloves Market size exceeded USD 7 billion in 2019 and is projected to grow at over 10% CAGR between 2020 and 2026. Medical gloves are majorly used in healthcare facilities such as hospitals, clinics, ambulatory surgical centers, diagnostic centers among others. The medical gloves are used during medical examinations and surgical procedures in order to help prevent any cross-contamination between the healthcare personnel and patients.
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Hence, to avoid transmission of contagious disease the demand for medical gloves will increase in the forthcoming years. Rise in incidences of chronic and acute diseases, growing concerns regarding safety, sanitation and hygiene are some of the major factors enhancing the market growth. Also, strict regulations related to the use of personal protective equipment (PPE) and increase in number of healthcare facilities are some of the major factors driving the global market growth.
|Base Year:||2019||Market Size in 2019:||USD 7.07 Billion|
|Historical Data for:||2015 to 2019||Forecast Period:||2020 to 2026|
|Forecast Period 2020 to 2026 CAGR:||10%||2026 Value Projection:||USD 13.5 Billion|
|Pages:||850||Tables, Charts & Figures:||2289|
|Geographies covered (71):||U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Austria, Sweden, Denmark, Estonia, Finland, Hungary, Norway, Switzerland, Poland, Turkey, Belgium, Bulgaria, Czech Republic, Ireland, Greece, Croatia, Latvia, Lithuania, Netherlands, Portugal, Romania, Slovenia, Slovakia, Belarus, Georgia, Macedonia, Serbia, Ukraine, Japan, China, India, Australia, South Korea, Taiwan, Indonesia, Bangladesh, Kazakhstan, New Zealand, Pakistan, Philippines, Malaysia, Singapore, Thailand, Vietnam, Brazil, Mexico, Argentina, Columbia, Peru, Venezuela, Chile, Cuba, Ecuador, South Africa, Saudi Arabia, UAE, Egypt, Qatar, Kuwait, Israel, Iran, Iraq, Jordan|
|Segments covered:||Product, Form, Application, Usage, Sterility, Distribution Channel and End-use|
|Companies covered (16):||Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Kossan Rubber Industries Bhd., Cardinal Health, Inc., Ansell Limited, Akzenta International Sa, Berner International GmbH, Erenler Medikal, SHIELD Scientific, Robinson Healthcare, Hartalega Holdings Berhad, Medline Industries, Inc., Leboo Healthcare Products Limited, Sun Healthcare Sdn Bhd (Adventa Berhad), Rubberex Corp M. Berhad|
|Pitfalls & Challenges:||
Rising concerns regarding hygiene and safety among the healthcare workers will result in augmenting the demand for medical gloves
The consumption rate of medical gloves has rapidly increased over the past few years owing to rise in hygiene and safety concerns. The healthcare professionals are at high risk of coming in contact with infected patients and hospitals acquired infections (HAIs).
According to the statistics published by the Centers for Disease Control and Prevention (CDC), in American hospitals around 1.7 million infections and over 99,000 deaths are associated with HAIs. Hence, in order to avoid cross contamination and reduce the risk of infection, the demand and adoption rate of medical gloves will increase thereby, enhancing the medical gloves market growth.
Key players that are operating in the industry such as Top Glove, Adventa Berhad and Hartalega have implemented certain strategic initiatives that will boost the market growth significantly. Also, growing infection and contamination rates owing to improper sanitation and hygiene in the healthcare facilities will give rise to the need of medical gloves.
Several advantages portrayed by latex gloves will augment the demand, fueling the market growth
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The latex medical gloves market was valued at USD 3,254.2 million in 2019. The growth can be attributed to the advantages such as high elasticity and better touch sensitivity. Also, owing to its flexibility and sensitivity, the latex gloves are highly preferred for sensitive applications such as surgical procedures.
Several benefits offered by the powdered medical gloves will drive the growth
The powdered medical gloves segment held a market share of around 20% in 2019. These gloves have corn-starch added that allows the easy donning and removal of the gloves. Moreover, it helps to avoid the gloves from sticking together. However, in 2017, the U.S. FDA banned the use of powdered medical gloves owing to air borne allergic reactions that may affect the healthcare workers health. Hence, the market for powdered gloves will witness steady decline in future.
Increasing number of infectious disease across the globe will boost the demand for examination gloves, augmenting the market growth
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The examination gloves segment was valued at USD 5,051.9 million in 2019. A large patient pool with infectious and contagious diseases will majorly contribute to the segment growth during the forecast period. Moreover, detection and diagnosis of various diseases will increase the demand for examination gloves.
Advantages offered by the reusable medical gloves will result in rapid product demand and adoption
The reusable medical gloves market is estimated to exhibit a 7.8% CAGR over the forecast period. The growth can be attributed to the advantages of reusable gloves such as better hand protection and enhanced durability as compared to standard latex gloves. Also, reusability of the gloves will help in cost savings and waster generation; consequently, these advantages will boost the product demand, fostering the market growth.
Increase in number of surgical procedures across the globe will boost the market for sterile medical gloves
The sterile medical gloves segment was valued at USD 2,933.8 million in 2019. The significant market size was owing to the factors such as strict packaging standards and higher quality offered by the sterile gloves. Also, the use of sterile gloves is high and preferred during surgical procedures. Increasing number of surgeries will boost the demand for sterile gloves thereby, enhancing the market growth.
High cost effectivity and product accessibility will enhance the brick and mortar segment growth
The medical gloves market from brick and mortar segment is forecast to exhibit 9.2% CAGR during 2020 to 2026. Ability to check for quality of medical gloves in person is one of the major factors contributing to the segment growth. Moreover, brick and mortar plays a vital role in avoiding the shipping costs. Hence, easy accessibility and availability provided by brick and mortar will increase the market growth over the analysis timeframe.
Trained professionals and availability of advanced technologies will enhance the market growth
The ambulatory surgical centers segment was valued at USD 1,900 million and will show substantial growth over the forecast time period. Currently in U.S. there are more than 9,000 ambulatory surgical centers, which are estimated to increase in the future. Increase in preference for outpatient surgical procedures owing to growing number of surgeries that spread infections will result in significant market growth over the forecast period.
High consumption rate of medical gloves in the U.S. will augment the regional market growth
U.S. dominated the North America medical gloves market and was valued at around USD 2,000 million in 2019. Recent enhancements in healthcare facilities structure, increase in number of chronic and acute diseases, rise in hospital admissions are some of the significant factors contributing to the market growth.
The demand for medical gloves will increase owing to recent disease outbreaks such as coronavirus and swine flu that are highly transmittable. As per the recent new article, currently the number of corona virus positive cases have gone beyond 13,000 in the U.S. and are projected to increase. Hence, in order to avoid cross contamination and reduce the risk of spreading infection the use of medical gloves will play a vital role.
Germany was valued at more than USD 380 million in 2019. Growing geriatric population prone to chronic disease coupled with rising hospital admissions will fuel the market growth. Increase in number of surgical procedures across the country will augment the demand and adoption rate of medical gloves thereby, boosting the market growth.
According to the statistics published by Eurostat, in 2017, more than 200,000 cesarean surgical procedures were carried out in Germany. Hence, increase in number of hospital admissions and growing number of surgical procedures across the country will enhance the industry growth.
Implementation of several strategies such as collaborations and partnerships by the key market players will boost the market growth
Some of the major players in medical gloves market share include Ansell Healthcare, Top Glove Corporation Berhad, Hartalega Holdings Berhad, Semperit AG Holding, and Supermax Corporation Berhad among others. These major industry players are focusing on several strategic initiatives such as new product development, product launch, mergers, acquisitions partnerships and collaborations.
Recent industry developments:
- In April 2018, Top Glove Corporation Berhad acquired Aspion Sdn Bhd. This strategic initiative helped the company in expanding their business adding three manufacturing facilities with 75 production lines and a manufacturing capacity of 4.8 billion pieces of gloves per annum
- In March 2019, Ansell launched a new nitrile exam glove called MICROFLEX MidKnight XTRA. This glove provides additional benefit of covering the wrist and forearm. This new product launch will help the company in expanding their product portfolio.
The medical gloves market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and volume in Units from 2015 to 2026, for the following segments:
- Latex Gloves
- Nitrile Gloves
- Vinyl Gloves
- Neoprene Gloves
- Powder-free Gloves
- Powdered Gloves
- Examination Gloves
- Surgical Gloves
- Disposable Gloves
- Reusable Gloves
- Sterile Gloves
- Non-sterile Gloves
By Distribution Channel
- Brick and Mortar
- Ambulatory Surgery Centers
- Diagnostic Centers
The above information is provided for the following regions and countries:
- North America
- Czech Republic
- Asia Pacific
- South Korea
- New Zealand
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
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