Increasing Efforts to Prevent Nosocomial Infections to Drive the Disposable Medical Gloves Market
The
global market for Disposable Medical Gloves is projected to reach US$8.8 billion
by 2025, 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 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 9.7% 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
Products 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 - Market Analysis, Trends, and Forecasts” 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.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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