The Global Market for Disposable Medical Gloves is Projected to Reach US$6.8 Billion by 2024

Increasing Efforts to Prevent Nosocomial Infections to Drive the Disposable Medical Gloves Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Disposable Medical Gloves market. The global market for Disposable Medical Gloves is projected to reach US$6.8 billion by 2024, driven by increasing cases of hospital acquired infections, growing awareness, mounting regulatory pressure, and technological advances.

Disposable medical gloves have an irreplaceable role in the healthcare environment in preventing spread of nosocomial infections between patients and doctors as well as other healthcare professionals. Despite being largely a commodity, the criticality of medical gloves continues to rise in wake of growing spread of infectious diseases, increasing incidence of hospital-acquired infections, and growing awareness on safety. Aging population; growing awareness of sanitation, hygiene and protection; and evolving regulations on safety are some of the other factors driving growing use of disposable medical gloves in major markets worldwide. Increasing support from research that upholds the efficacy of gloves as compared to other products in combating spread of infections is a key driver of growth as well. Material advancements and product innovations continue to boost functionality of gloves, thereby driving their adoption. These factors ensure brighter prospects ahead for the industry, despite existing challenges such as rising competition, raw material shortage, rising prices, and currency fluctuations. 

Material innovations have played a key role in improving functionality and enhancing their safety. The market is shifting away from natural latex as the material of choice for disposable gloves over the years. Advancements in glove technology and manufacturing techniques are pushing synthetic gloves to the fore, with the development of more comfortable and lighter gloves. Driven by ergonomics, high tensile strength and slippage prevention, nitrile gloves are expected to receive eat into the market for natural latex gloves over the forecast period. Increasing shift away from powdered medical gloves, strengthened by recent FDA ban on these gloves, is expected to drive demand in favor of powder-free gloves. Powder-free disposable medical gloves, which that have witnessed considerable technological advancements over the years, are today more readily available as replacement for powdered medical gloves.

As stated by the new market research report on Disposable Medical Gloves, The US represents the largest market worldwide for Disposable Medical Gloves. Well-established healthcare infrastructure, standards and regulations, with sizable number of clinics, hospitals and medical institutions drive high demand for disposable medical gloves in the US. However, Asia-Pacific represents the fastest growing market worldwide, with a CAGR of 10.7% through the analysis period, driven by increasing growing affluence, increasing incidence of various diseases and as a result their treatment, rising volume of surgical procedures, improvements in healthcare services, government regulation and rising awareness on safety and prevention. 

Major players in the market include Ansell Healthcare, LLC, B. Braun Melsungen AG, Cardinal Health Inc., Cypress Medical Products, LLC, Halyard Health Inc., Hartalega Holdings Bhd, Kossan Rubber Industries BHD, Medline Industries Inc., Molnlycke Health Care AB, Paul Hartmann AG, Rubberex Corporation (M) Berhad, Semperit AG Holding, Shijiazhuang Hongray Group, Supermax Corporation Berhad, Top Glove Corporation Bhd and Vulkan Medical AS among others. 

The research report titled “Disposable Medical Gloves: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for Disposable Medical Gloves in value terms for all major geographic markets such as United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. Segments analyzed include Examination Gloves and Surgical Gloves.

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