Disposable Medical Gloves Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Disposable Medical Gloves MarketThe disposable medical gloves market size was valued at USD 9.14 billion in 2023, and the market is now projected to grow from USD 10.40 billion in 2024 to USD 33.42 billion by 2032, exhibiting a CAGR of 15.7% during the forecast period of 2023-2030.
Disposable gloves have gained considerable popularity across the medical sector as the emergency measures to prevent COVID- 19 being introduced. Likewise, these things such as the raise of health care facilities, growing awareness on health, hygiene & safety, and the increase in number of surgeries will be the driver of market. Additionally, the categories players in this industry intensify their efforts and bring new strategies such as new product launches and acquisitions can be interpreted as being carriers of growth in the coming period.
The disposable medical gloves market share globally has been contributed due to the increasing awareness of hygiene and safety from healthcare associated infections.The growing knowledge of how to maintain hygiene and stop the transmission of infections in Healthcare Settings (HAIs) is one of the major factors accelerating the global market for disposable medical gloves. The World Health Organization has shown in its report that in every day thousands of people die from sepsis acquired while being treated. In this type of practices, hands being the transmission of infection reservoir bears the main responsibility for the infection transmission. Due to this, hand hygiene is so important because it prevents people from getting infected by bacteria so as to restore the HAI transmission.
Furthermore, mass vaccination campaigns have been anticipated to further boost the market.The current number of cases of coronavirus is steadily decreasing because people would prefer to get tested multiple times as well as to get themselves vaccinated. Building healthcare facilities that match world standards and availing advanced treatment are key strategies that many countries from the developing part of the world use in dealing with COVID-19. They did so to prepare and respond promptly during the COVID-19 testing and vaccination.
Comprehensive Analysis of Disposable Medical Gloves Market
The disposable medical gloves market and healthcare industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the disposable medical gloves industry. These segmentations are methodically segregated by types of Application, Material, Category, and End-User. The category types include, powdered and powder-free. However, the end-user is such as hospitals & clinics, diagnostic/pathology labs, dental clinics, and others.
The North American region is conducive to the global disposable medical gloves market, leading to a recall of USD 4.19 billion due to substantial investments by the governments to increase the production of nitrile gloves. The force of demand was supported by the unbroken string of surgeries held in the hospitals and ASCs, from which the market growth in North America achieved significant growth during the forecasted period. Another item which is likely to boost the disposable medical gloves market growth is the demanding product from pathologists and higher required listening for enormous numbers of clean gloves that are powder frees.
The top players in the market play a crucial role in the healthcare industry assuring industrial prospectus growth and setting market standards. These players include, Top Glove Corporation Bhd (Malaysia), Cardinal Health (U.S.), Sri Trang Agro-Industry Plc. (Thailand), Kimberly-Clark Corporation (U.S.), Mölnlycke Health Care AB (Sweden), Hartalega (Malaysia), Semperit AG Holding (Austria), ANSELL LTD. (Australia), Kossan Rubber Industries Bhd (Malaysia), and Supermax Corporation Berhad (Malaysia) these market players provide a level-playing competitive landscape.
In the month of April 2022 Unigloves, Ltd. lofted a new bio disposal nitrile disposable glove. ISO regulations specify gloves to be safe to use with skin. They too have offered the safety benefits.
Segmentation Table
ATTRIBUTEDETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 15.7% from 2024-2032
Unit Value (USD billion)
Segmentation By Application
Surgical
Examination
By Material
Latex
Synthetic
-Nitrile
-Neoprene
-Polyisoprene
-Others
By Category
Powdered
Powder-free
By End-user
Hospital & Clinics
Diagnostic/Pathology Labs
Dental Clinics
Others
By Region
North America
-U.S. (By Category)
-Canada (By Category)
Europe
-Germany (By Category)
-France (By Category)
-Spain (By Category)
-U.K. (By Category)
-Italy (By Category)
-Scandinavia (By Category)
-Rest of Europe (By Category)
Asia Pacific
-China (By Category)
-Japan (By Category)
-India (By Category)
-Australia (By Category)
-Southeast Asia (By Category)
-Rest of Asia Pacific (By Category)
Latin America
-Brazil (By Category)
-Mexico (By Category)
-Rest of Latin America (By Category)
Middle East & Africa
-South Africa (By Category)
-GCC (By Category)
-Rest of Middle East & Africa (By Category)