High Demand for Medical Gloves, due to the Outbreak of COVID-19 Globally is Projected to Boost Market Growth at a Healthy CAGR of 7.3% During the Period 2023 – 2032

Pune, India, June 2020, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Medical Gloves Market.


 


Market Highlights


Global Medical Gloves Market is accounted to register a CAGR of 7.3% during the forecast period and is estimated to reach USD 22.3 Billion by 2032.


Medical gloves are protective coverings worn by healthcare professionals during medical procedures to ensure the safety and hygiene of both the wearer and the patient. Typically made of latex, nitrile, or vinyl, these gloves act as a barrier against contaminants, bodily fluids, and pathogens, preventing the transmission of infections and maintaining a sterile environment. Designed to provide a snug fit, dexterity, and tactile sensitivity, medical gloves allow healthcare providers to perform various tasks, such as examinations, surgeries, and patient care, with precision and confidence while minimizing the risk of cross-contamination.


Segment Analysis


The Global Medical Gloves Market has been segmented based on Product Type, Usage, Form, Raw Material, and, End User.


Based on Product Type, the market is segmented into Examination, Surgical, and Chemotherapy. The Examination category dominates the Medical Gloves market due to its widespread use for routine medical examinations, diagnostics, and non-surgical procedures.


Based on the Usage, the market is segmented into Disposable, Reusable. The Disposable category dominates the Medical Gloves market due to its convenience, cost-effectiveness, and ability to maintain hygiene standards by preventing the reuse of gloves and reducing the risk of cross-contamination.


Based on Form, the market is segmented into Powdered, Non-powdered. The Non-powdered category dominates the Medical Gloves market due to increased safety regulations, improved tactile sensitivity, and a growing demand for powder-free gloves in healthcare settings.


Based on Raw Material, the market is segmented into Latex, Nitrile rubber, Vinyl rubber, Neoprene, and Polyethylene. The Latex category has historically dominated the Medical Gloves market due to its superior tactile sensitivity, elasticity, and cost-effectiveness; however, the market dynamics may have shifted with the increasing demand for latex alternatives like nitrile and vinyl gloves.


Based on End Users, the market is segmented into Hospitals and Clinics, Ambulatory surgery centers, Diagnostic centers, and Rehabilitation centers. The Hospitals & Clinics category dominates the Medical Gloves market due to its high demand for infection control and safety measures in medical settings, driving the need for a constant supply of gloves for various procedures and patient care activities.


Regional Analysis


The Global Medical Gloves Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Medical Gloves Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Medical Gloves Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Medical Gloves Market comprises of Middle East, Africa, and Latin America.


The Americas have emerged as the largest market for medical gloves globally, driven by the increasing need to prevent cross-contamination and transmission amidst the rising number of COVID-19 patients, which has surpassed 13,000 and is expected to continue growing.


Europe holds the second-largest market share, with a strong demand for medical gloves, stringent regulations to prevent cross-contamination in hospitals, and improved supply contributing to significant market development.


The Asia-Pacific region is witnessing rapid growth in the medical gloves sector, fueled by the expansion of the healthcare industry and the rising demand for surgical procedures. Additionally, heightened safety concerns, hygiene challenges stemming from global outbreaks, evolving healthcare regulations, and increased adoption of bio-safety equipment are driving the market value of medical gloves in Middle Eastern and African countries.


Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Medical Gloves Market Research Report


Key Findings of the Study



  • The Global Medical Gloves Market is expected to reach USD 22.3 Billion by 2032, at a CAGR of 7.3% during the forecast period.

  • The Americas are considered the largest market globally for medical gloves due to the increasing importance of preventing cross-contamination and transmission, particularly with the rising number of COVID-19 patients exceeding 13,000 and expected to rise further.

  • Based on the Product Type, the Market has been segmented into Examinations holding the largest market in 2023.

  • Supermax Corporation Berhad, Glove Corporation Berhad, Rubberex Corp. M Bhd, BraunMelsungen AG, Semperit AG Holding, Mckesson Corporation, Cardinal Health, Inc, Medline Industries Inc, Dynarex Corporation, Ansell Limited, Cypress Medical Products LLC, and Microflex Corporation.


 

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Report details
Base Year 2020
Companies Covered 15
Pages 100
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
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