The global disposable medical gloves market was valued at $4,047 million in 2017, and is expected to reach $8,444 million by 2025, registering a CAGR of 9.5% during the forecast period. The global disposable medical gloves market is primarily driven by increase in awareness of safety and hygiene amongst healthcare providers and patients. Disposable medical gloves have application in various procedures such as examination, diagnosis, and surgeries. These gloves serve the purpose of protection during various activities that involve toxic chemicals, reactive materials, or unhygienic conditions. Moreover, manufacturing process of certain products such as drugs, require high level of cleanliness and handling of these products is the critical operation that may lead to product contamination if proper care is not taken.
The major factors that drive the growth of the disposable medical gloves market include rise in concern for safety and hygiene coupled with the novel manufacturing technologies for making medical gloves temperature-resistant, rupture-resistant, and control latex-associated infections. Healthcare professionals use medical gloves for surgeries and other related activities that are contagious and can be infectious. Thus, due to increase in concern for safety, hygiene, and product quality, the market of disposable gloves foresees a promising growth in the future. However, high competitive pricing offered by local manufacturers is anticipated to hamper the market growth. Moreover, developing and untapped economies are expected to create lucrative opportunities for the disposable medical glove manufacturers in the near future.
The global disposable gloves product market is segmented based on type, form, application, and region. Based on type, the market is segmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyethylene gloves, and others. Based on form, the market is bifurcated into powdered and non-powdered form. Based on application, the market is classified into examination and surgical. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global disposable gloves market along with the current trends and future estimations to elucidate the imminent investment pockets.
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
Comprehensive quantitative analysis of the industry from 2017 to 2025 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps in understanding the forms and types of gloves used across the globe.
KEY market players and their strategies have been analyzed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
o Nitrile Gloves
o Vinyl Gloves
o Neoprene Gloves
o Polyethylene Gloves
o Others
o Non-powdered
o Surgical
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
o Asia-Pacific
o Japan
o India
o China
o Australia
o Korea
o Rest of Asia-Pacific
o LAMEA
o Middle East
o Latin America
o Africa
KEY PLAYERS PROFILED
The other players in the value chain include (profiles not included in the report) the following:
The major factors that drive the growth of the disposable medical gloves market include rise in concern for safety and hygiene coupled with the novel manufacturing technologies for making medical gloves temperature-resistant, rupture-resistant, and control latex-associated infections. Healthcare professionals use medical gloves for surgeries and other related activities that are contagious and can be infectious. Thus, due to increase in concern for safety, hygiene, and product quality, the market of disposable gloves foresees a promising growth in the future. However, high competitive pricing offered by local manufacturers is anticipated to hamper the market growth. Moreover, developing and untapped economies are expected to create lucrative opportunities for the disposable medical glove manufacturers in the near future.
The global disposable gloves product market is segmented based on type, form, application, and region. Based on type, the market is segmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyethylene gloves, and others. Based on form, the market is bifurcated into powdered and non-powdered form. Based on application, the market is classified into examination and surgical. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global disposable gloves market along with the current trends and future estimations to elucidate the imminent investment pockets.
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
Comprehensive quantitative analysis of the industry from 2017 to 2025 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps in understanding the forms and types of gloves used across the globe.
KEY market players and their strategies have been analyzed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
- By Type
o Nitrile Gloves
o Vinyl Gloves
o Neoprene Gloves
o Polyethylene Gloves
o Others
- By Form
o Non-powdered
- By Application
o Surgical
- By Region
- U.S.
- Canada
- Mexico
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
o Asia-Pacific
o Japan
o India
o China
o Australia
o Korea
o Rest of Asia-Pacific
o LAMEA
o Middle East
o Latin America
o Africa
KEY PLAYERS PROFILED
- Top Glove Corporation Berhad
- Supermax Corporation Berhad
- Semperit AG Holding
- Rubberex Corp. M Bhd
- Kossan Rubber Industries Bhd.
- Hartalega Holdings Berhad
- Dynarex Corporation
- Cardinal Health, Inc.
- B. Braun Melsungen AG
- Ansell Limited
The other players in the value chain include (profiles not included in the report) the following:
- Unigloves (UK) Limited
- Smart Glove Corporation Sdn Bhd
- Cypress Medical Products LLC
- Microflex Corporation
- Mölnlycke Health Care
- YTY Industry Holdings Berhad
Table of Contents
CHAPTER 1: DISPOSABLE MEDICAL GLOVES MARKET, BY TYPE
CHAPTER 2: DISPOSABLE MEDICAL GLOVES MARKET, BY FORM
CHAPTER 3: DISPOSABLE MEDICAL GLOVES MARKET, BY APPLICATION
CHAPTER 4: DISPOSABLE MEDICAL GLOVES MARKET, BY REGION
CHAPTER 5: COMPANY PROFILES
Executive Summary
According to this report titled, 'Disposable Medical Gloves Market by Type, Form, and Application: Global Opportunity Analysis and Industry Forecast, 2018–2025,' the global disposable medical gloves market size was valued at $4,047 million in 2017, and is projected to reach $8,444 million by 2025, growing at a CAGR of 9.5% from 2018 to 2025.Disposable medical gloves form an essential part of maintaining hygienic conditions, ensuring security of patients and caregiver, and safeguarding against infections. These are used while performing diagnostic tests to ensure safety of the personnel. The usage of gloves minimizes the possibility of infection due to blood flow, pathogens, and other external factors. The adoption of disposable medical gloves has been a prerequisite for medical applications globally.
The market for disposable medical gloves is primarily driven by their requirement in medical and surgical applications to ensure safety and hygiene. In addition, the rise in number of end users, such as healthcare and pharma industries, is expected to supplement the disposable medical gloves market trend. However, allergic reaction from certain gloves as well as competition pricing offered by local manufacturers are expected to hamper the market growth. However, the impact of this limitation is anticipated to diminish in future due to ongoing improvements in production of disposable medical gloves.
Based on by type, the natural rubber gloves segment dominated the disposable medical gloves industry in 2018 as they are eco-friendly. Also, the cost of raw materials used for the production of these gloves is low. Another factor that drives the growth of the segment is the less complicated procedure associated with the production of these gloves.
Depending on application, the examination segment accounted for the highest revenue share in disposable medical gloves market and is expected to grow at the fastest rate during the forecast period. The use of disposable medical gloves for diagnosis and check-up purposes is expected to drive the market for examination market.
Key Findings of the Disposable Medical Gloves Market:
The nitrile gloves segment is expected to be the fastest growing segment during the forecast period both in terms of value and volume.
In terms of volume, the non-powder form of gloves is expected to grow at a remarkable CAGR of 7.8% during the forecast period.
The U.S. dominated the North America disposable medical gloves market share in 2017 and is projected to grow at a CAGR of 8.6% from 2018 to 2025.
In terms of revenue, natural rubber gloves segment accounted for the highest revenue in 2017.
North America dominated the disposable medical gloves market in 2017 and is anticipated to remain dominant during the forecast period. The disposable medical gloves market growth in the North American region is primarily a reflection of new product innovations resulting from technological advancements. The key players operating in the global disposable medical gloves market include Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, Dynarex Corporation, Cardinal Health, Inc., Adventa Berhad and Ansell Limited. Other players operating in the value chain (not included in the report) are Unigloves (UK) Limited, Smart Glove Corporation Sdn Bhd, Cypress Medical Products LLC, B. Braun Holdings, Microflex Corporation, Mölnlycke Health Care, and YTY Industry Holdings Berhad.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 217 |
| Published | May 2019 |
| Forecast Period | 2017 - 2025 |
| Estimated Market Value ( USD | $ 4047 million |
| Forecasted Market Value ( USD | $ 8444 million |
| Compound Annual Growth Rate | 9.6% |
| Regions Covered | Global |
