Medical gloves help in protecting patients and physicians from cross-contamination during medical examinations. These products are made up of polymers including latex, rubber, neoprene and vinyl. These products are available either in the powdered or in the non-powdered form or are powdered with cornstarch to lubricate them so that it becomes easier for one to put on. Before the usage of cornstarch, tissue irritating Lycopodium powder and talc was used. After which it was discovered that even cornstarch would impede healing especially during surgeries, hence non-powdered gloves were preferred during surgeries.
Medical Gloves Market Trends
- Technological advancement has resulted in supporting utilities made up of a high-quality polymer
- New raw materials are being developed which offer high wear and tear resistance
- Implementation of hygiene measures on account of the stringent regulatory framework is expected to boost the overall market demand globally
Medical Gloves Market Outlook
- Increasing incidences of acute and chronic diseases; increasing concerns about safety and sanitation; stringent regulations about the usage of personal protective equipment (PPE); and rising number of hospitals in developing countries are some of the major factors driving the growth of the global medical gloves market
- However, increasing price competition among manufacturers; noxious reactions with certain gloves; and environmental impact on natural rubber production and their disposals are hindering the growth of this market
Medical Gloves Market COVID-19 Impact
- The global pandemic of Coronavirus (COVID-19) has triggered stock market instability, tight border controls, and worldwide lockdown, leading the healthcare industry, as well as large companies and governments, to restock supply chains
- The whole world is experiencing severe impact on social and financial sectors, and all global industries are facing challenges during the COVID-19 pandemic
- Rising support from governments and several companies can help in the fight against this highly contagious disease
- There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic
Medical Gloves Market Regional Trends
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa. North America was a lucrative region for the Medical Gloves market in 2019. Improved hospital infrastructure; rising incidences of various acute and chronic diseases; and presence of major players involved in medical gloves manufacturing are some of the major driving factors driving the growth of this market in North America. The Asian medical gloves market is poised to grow at the highest CAGR during the forecast period owing to improving healthcare infrastructure and rising awareness about the safety and hygiene among people in the region. The rising focus of prominent players on the Asian medical gloves market is another factor driving its growth. Furthermore, emerging countries such as India and China provides immense growth opportunities to the medical gloves manufacturers.
Medical Gloves Market Segmental Highlights
- In terms of product type, the market is divided into examination, surgical and chemotherapy
- Various form studied in the market are powdered form and powdered-free Form
- They are available in raw material such as latex, nitrile rubber, vinyl rubber and polyisoprene
- The usage types are disposable and reusable
- Based on distribution channel, the industry is segmented into direct selling, medical store, online and others
- Furthermore, the end users are hospitals, clinics, ambulatory surgery centers, diagnostic centers, rehabilitation centers and others
Medical Gloves Market Key Players
The key companies in the medical gloves market are Ansell Healthcare LLC, Cardinal Health, Inc., Dynarex Corporation, Hartalega Holdings Berhad, Kimberly-Clark Corporation, Mckesson Corporation, Medline Industries, Inc., Semperit AG Holding, Supermax Corporation Berhad, Top Glove Corporation Berhad etc. These major industry players are focusing on several strategic initiatives such as new product development, product launch, mergers, acquisitions partnerships and collaborations. 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 report analyses the global medical gloves market based on product type, form type, raw material type, usage type, distribution channel, end user and geography. In terms of product type, the market is divided into examination, surgical and chemotherapy. Various form studied in the market are powdered form and powdered-free Form. They are available in raw material such as latex, nitrile rubber, vinyl rubber and polyisoprene. The usage types are disposable and reusable. Based on distribution channel, the industry is segmented into direct selling, medical store, online and others. Furthermore, the end users are hospitals, clinics, ambulatory surgery centers, diagnostic centers, rehabilitation centers and others.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe.
Why to buy this report:
- The report offers changing market dynamics in the medical gloves market, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of medical gloves
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the medical gloves market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of medical gloves market
