The global medical gloves market is estimated to grow at a CAGR of 7.24% from a market size of USD7,435.65 million in 2019 to a market size of USD13,053.249 million by 2025. Medical Gloves are utilized as a routine measure in a healthcare environment for infection prevention and prevention against disease transmission at the time of testing, examination, or performing a medical procedure. The growing need for gloves for prevention against germ transmission is the major factor driving the market growth in the forecast period. The prevalence of infectious diseases is further driving the market growth over the forecast period. As per the WHO “Glove Use Information Leaflet”, the medical gloves are defined as “disposable gloves used during medical procedures”. The organization has segregated the medical gloves into three categories as examination gloves, surgical gloves, and chemotherapy gloves. Furthermore, the significant measures taken in order to prevent hospital-associated infections are surging the market demand in the forecast period.
On the basis of product type, the market is categorized into examination gloves and surgical gloves.
Examination gloves are utilized for the purpose of clinical and general patient examination. These are predicted to hold a significant market share in the product type category. Hence, with the growing number of diseases worldwide, the market for examination gloves hold strong chances of proliferation in the forecast period. Also, with the new coronavirus outbreak in almost every part of the world, originated from Wuhan, China, suspected individuals with significant symptoms require to undergo testing for the novel coronavirus infection, hence, this is creating a huge market opportunity for the sale of medical gloves, further fueling the market growth. However, with the surging demand for personal protective equipment (PPE) due to the COVID-19 outbreak, there are concerns regarding the insufficient supply of gloves, hence, the rational use of PPE is recommended by the WHO in the healthcare and community setting and during the handling of cargo. Furthermore, with the increasing trend of early diagnosis and detection of diseases, the market for examination gloves will grow at a significant pace over the next five years. Additionally, with the prevalence of routine diagnostic tests, the market is poised to hold a steady share during the forecast period.
The growing number of surgeries are propelling the market demand in the forecast period.
The growing number of chronic diseases such as cardiovascular diseases among other diseases has given rise to the surgical procedures as well, hence, providing an opportunity for the market to thrive in the forecast period. Additionally, with the growing adoption of minimally-invasive surgical procedures, the market for medical gloves is projected to fuel in the forecast period. The growing research and innovation in utilizing robotics for performing various surgeries are further propelling the market demand over the next five years.
The increasing road traffic injuries, especially in the low and middle-income countries are further providing an impetus in surging the market growth in the forecast period. As per the WHO estimates, close to 1.35 million individuals die every year due to road traffic accidents. These injuries are reported to be the leading cause of death for children and young adults aged between 5 to 29 years of age. Road traffic accidents cost around 3% of most of the countries GDP. It has been predicted that over 50% of all road traffic accident deaths occur among pedestrians, cyclists, and motorcyclists. Additionally, more than 90% of the global fatalities on road take place in the low and middle-income nations. In the developed regions of the world, individuals from the lower socio-economic status are prone to road traffic accidents.
Furthermore, the presence of key market players manufacturing high-quality surgical gloves is augmenting the market growth in the forecast period. The surgical glove manufactures include Ansell, Molnlycke Health Care, Innovative Healthcare, and Sempermed, which are producing innovative surgical gloves of the high-quality grade at affordable prices.
On 19th December 2016, the FDA published a final rule in banning the powdered surgical gloves due to causing surgical complications through powdered particles. The ban would not cause any harm to the market growth, this may, however, help in reducing the number of adverse events caused by powdered gloves. The rule came into operation on January 18, 2017.
The growing geriatric population will augment the market demand in the forecast period.
The growing geriatric population worldwide is predicted to drive the market demand for medical gloves in the forecast period. This is due to the improvement in the healthcare facilities for the aging population and the utilization of these facilities in the treatment of various age-associated diseases. Hence, this is providing strong growth prospects for the market to proliferate in the forecast period. The growing trend of home healthcare facilities will further provide an opportunity for the market to grow at a significant pace in the forecast period. It is estimated that the population in the United States is projected to surge from 7.9% in 2010 to 17% in 2020 (source: US Census Bureau). The elderly individuals are reported to be the fastest-growing population and their population size is estimated to increase to 53.2% in 2020 from 13.3% in 2010. The surge in the elderly population is mainly attributed to the increase in life expectancy. Hence, this population has a strong impact on increasing demand for better healthcare facilities which include better surgical procedures as well. This is because of the fact that the older population requires more medical services in comparison to the younger population.
Additionally, patients above the age of 65 years are more likely to contract infections, hence the use of medical gloves is necessary when treating an older patient, however, wearing gloves is a routine practice, and gloves are considered as one of the most essential medical supplies. This is mainly due to the fact that with a weakened immune system mainly due to the old age and due to age-associated diseases, these patients are more prone to catch infections in comparison to youth or middle-aged individuals.
Segmentation:
By Product Type
By Material
By End-User
By Geography
On the basis of product type, the market is categorized into examination gloves and surgical gloves.
Examination gloves are utilized for the purpose of clinical and general patient examination. These are predicted to hold a significant market share in the product type category. Hence, with the growing number of diseases worldwide, the market for examination gloves hold strong chances of proliferation in the forecast period. Also, with the new coronavirus outbreak in almost every part of the world, originated from Wuhan, China, suspected individuals with significant symptoms require to undergo testing for the novel coronavirus infection, hence, this is creating a huge market opportunity for the sale of medical gloves, further fueling the market growth. However, with the surging demand for personal protective equipment (PPE) due to the COVID-19 outbreak, there are concerns regarding the insufficient supply of gloves, hence, the rational use of PPE is recommended by the WHO in the healthcare and community setting and during the handling of cargo. Furthermore, with the increasing trend of early diagnosis and detection of diseases, the market for examination gloves will grow at a significant pace over the next five years. Additionally, with the prevalence of routine diagnostic tests, the market is poised to hold a steady share during the forecast period.
The growing number of surgeries are propelling the market demand in the forecast period.
The growing number of chronic diseases such as cardiovascular diseases among other diseases has given rise to the surgical procedures as well, hence, providing an opportunity for the market to thrive in the forecast period. Additionally, with the growing adoption of minimally-invasive surgical procedures, the market for medical gloves is projected to fuel in the forecast period. The growing research and innovation in utilizing robotics for performing various surgeries are further propelling the market demand over the next five years.
The increasing road traffic injuries, especially in the low and middle-income countries are further providing an impetus in surging the market growth in the forecast period. As per the WHO estimates, close to 1.35 million individuals die every year due to road traffic accidents. These injuries are reported to be the leading cause of death for children and young adults aged between 5 to 29 years of age. Road traffic accidents cost around 3% of most of the countries GDP. It has been predicted that over 50% of all road traffic accident deaths occur among pedestrians, cyclists, and motorcyclists. Additionally, more than 90% of the global fatalities on road take place in the low and middle-income nations. In the developed regions of the world, individuals from the lower socio-economic status are prone to road traffic accidents.
Furthermore, the presence of key market players manufacturing high-quality surgical gloves is augmenting the market growth in the forecast period. The surgical glove manufactures include Ansell, Molnlycke Health Care, Innovative Healthcare, and Sempermed, which are producing innovative surgical gloves of the high-quality grade at affordable prices.
On 19th December 2016, the FDA published a final rule in banning the powdered surgical gloves due to causing surgical complications through powdered particles. The ban would not cause any harm to the market growth, this may, however, help in reducing the number of adverse events caused by powdered gloves. The rule came into operation on January 18, 2017.
The growing geriatric population will augment the market demand in the forecast period.
The growing geriatric population worldwide is predicted to drive the market demand for medical gloves in the forecast period. This is due to the improvement in the healthcare facilities for the aging population and the utilization of these facilities in the treatment of various age-associated diseases. Hence, this is providing strong growth prospects for the market to proliferate in the forecast period. The growing trend of home healthcare facilities will further provide an opportunity for the market to grow at a significant pace in the forecast period. It is estimated that the population in the United States is projected to surge from 7.9% in 2010 to 17% in 2020 (source: US Census Bureau). The elderly individuals are reported to be the fastest-growing population and their population size is estimated to increase to 53.2% in 2020 from 13.3% in 2010. The surge in the elderly population is mainly attributed to the increase in life expectancy. Hence, this population has a strong impact on increasing demand for better healthcare facilities which include better surgical procedures as well. This is because of the fact that the older population requires more medical services in comparison to the younger population.
Additionally, patients above the age of 65 years are more likely to contract infections, hence the use of medical gloves is necessary when treating an older patient, however, wearing gloves is a routine practice, and gloves are considered as one of the most essential medical supplies. This is mainly due to the fact that with a weakened immune system mainly due to the old age and due to age-associated diseases, these patients are more prone to catch infections in comparison to youth or middle-aged individuals.
Segmentation:
By Product Type
- Examination Gloves
- Surgical Gloves
By Material
- Latex Natural Rubber
- Nitrile
- Vinyl
- Polyisoprene
- Neoprene
- Polychloroprene
By End-User
- Hospitals & Clinics
- Ambulatory Surgery Centers
- Life Sciences & Biomedical Research Laboratory
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Others
- Middle East and Africa
- UAE
- Israel
- Saudi Arabia
- Others
- Asia Pacific
- Japan
- China
- India
- Australia
- Others
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Medical Gloves Market Analysis, by Product Type
6. Medical Gloves Market Analysis, by Material
7. Medical Gloves Market Analysis, by End-User
8. Medical Gloves Market Analysis, by Geography
9. Competitive Environment and Analysis
10. Company Profiles
Companies Mentioned
- Ansell group of companies
- Cardinal Health
- Medline Industries, Inc.
- Dynarex Corporation
- Top Glove Corporation Bhd
- Hartalega Holdings Berhad
- Sempermed
- Supermax Corporation Berhad
- B. Braun Melsungen AG
- Kossan Rubber Industries Bhd
Methodology
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