Medical Gloves Market Analysis and Forecast to 2031: By Type (Examination, Surgical, Chemotherapy), Form (Powdered, Non-Powdered), Raw Material (Latex, Nitrile, Vinyl, Others), End-user (Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers, Oth

Medical Gloves Market Analysis and Forecast to 2031: By Type (Examination, Surgical, Chemotherapy), Form (Powdered, Non-Powdered), Raw Material (Latex, Nitrile, Vinyl, Others), End-user (Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers, Others), and Region

The global Medical Gloves Market was valued at US$ 15.4 billion in 2021 and it is anticipated to grow up to US$ 35.6 billion by 2031, at a CAGR of 8.7% during the forecast period.

Medical gloves are hand gloves used by healthcare providers in order to limit infection transfer into patients. Medical gloves are made of various materials and are accessible in the market through both online and offline channels. Medical gloves are mostly used during diagnostic tests and procedures to maintain sanitation, the safety of patients and caregivers, and the prevention of infections. Disposable gloves are commonly used in the healthcare industry to prevent the spread of infectious bacteria between patients and physicians.

Market Drivers and Trends

The Growing Demand for Powder-free or Non-powdered Medical Gloves. The usage of latex gloves has resulted in an increase in allergic or hypersensitive responses among healthcare personnel. On the wrists and hands, allergic responses such as irritant contact dermatitis, a non-immunologic response to an irritant, or skin damage occur. As a result, the worldwide gloves market is predicted to grow as individual’s transition to non-powdered or powder-free gloves, synthetic gloves, or low-protein latex gloves.

Furthermore, Increase of surgical procedures. The increasing number of surgical operations performed for a variety of causes such as car accidents, cosmetic enhancements, and surgeries connected to old age, and much more is directly driving market growth. Additionally, the increasing introduction of innovative and advanced surgical items into the market is paving the way for development. The above aforementioned factors can increase the market growth.

Market Restraints and Challenges

Impact of Stringent Health Regulations, Many standards for medical glove manufacture have been created over the years in response to increased concerns by industry professionals, and new research findings. The FDA regulations for medical glove manufacturers entering the market have also altered, resulting in the creation of high-quality gloves. With the current recommendations regulating the use of gloves, the global medical gloves market is expected to rise. On the other hand, high costs connected with R&D capabilities, restricted infrastructural facilities, and variations in raw material prices are projected to hinder market expansion. In addition, a lack of favorable reimbursement scenarios and technology penetration in developing economies, health hazards associated with nitrile gloves, competitive pricing by local manufacturers, and a lack of suitable infrastructure in low- and middle-income countries are expected to pose market challenges. Finally, these challenges can restrain the market growth.

The report analyses the global Medical Gloves Market based on type, form, raw material, end-user and region.

Global Medical Gloves Market by Type

Based on type, it is segmented into examination, chemotherapy and surgical. The examination segment is expected to be the largest segment in the Medical Gloves Market in 2021. Furthermore, Examination gloves keep infectious pathogens from spreading illness between patients and healthcare personnel. They are accessible on the market in both sterile and non-sterile forms. Most examination gloves are composed of latex and are commonly used in medical examinations, diagnostic examinations, and other lab operations.

Global Medical Gloves Market by Form

Based on form, the market is bifurcated into powdered, and non-powdered. Non-powdered medical gloves accounted for 68.97% of revenue and 73.12% of volume in 2021. Initially, the powdered glove sector dominated the business. Powdered gloves, on the other hand, were causing severe allergies and skin irritations in users, influencing them to switch to powder-free gloves. To prevent the usage of powdered gloves, several organizations issued numerous rules. This has significantly reduced the usage of powdered gloves in the medical gloves industry, providing non-powered gloves a larger proportion.

Global Medical Gloves Market by Raw Material

Based on material, the Medical Gloves market is segmented into latex, nitrile, vinyl, and others. In 2021, the nitrile glove market accounted for 55.20% of total revenue, while the latex sector accounted for 45.56% of total volume. Nitrile latex gloves are now nearly as breathable and pleasant as natural rubber latex gloves. Furthermore, nitrile latex gloves may be sanitized without compromising their physical qualities. As a result of their improved performance, several industries in the medical gloves industry prefer nitrile latex gloves.

Global Medical Gloves Market by End-User

Based on end-user, the Medical Gloves market is segmented into hospitals, diagnostic laboratories, ambulatory surgical centers, and others. The hospital end-user sector accounted for 54.08% of revenue and is expected to maintain its dominance in the market throughout the projection period. Hospitals are the primary point of contact for health-related concerns. Furthermore, hospitals are popular locations for operations because they are equipped with the necessary equipment and have qualified personnel on staff to manage difficult situations. Physicians, nurses, and other caregivers use gloves as part of the normal procedure, which contributes considerably to the global medical gloves market by preventing disease transmission among healthcare personnel and patients.

Geographical Analysis of Global Medical Gloves Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America held the greatest share of the global medical glove market (33.93%). North America is one of the greatest buyers of gloves, and medical gloves are extremely popular in this area. This is attributable to growing public knowledge of hand hygiene and well-established healthcare settings that are accessible to the majority of the region's population.

The APAC area include both industrialized and developing nations with big populations. APAC is made up of a variety of healthcare markets at various stages of growth. Japan, for example, has one of the largest and most sophisticated healthcare businesses in the world. Surgical developments in Japan indicate an increasing emphasis on cost-cutting, a need for innovative and minimally invasive technology, and efforts to lessen reliance on costly, high-acuity care settings.

Major Players in the Global Medical Gloves Market

The key players studied in the global Medical Gloves Market are

COVID-19 Impact

COVID-19 has had a large and beneficial influence on the market. The increasing number of patients infected with COVID-19 and the increasing rate of hospitalization during this period increased demand for medicinal devices that prevent infection spread.

The popularity of disposable gloves skyrocketed because coronavirus is a contagious illness, the use of medical gloves became increasingly important during this period. Despite the expanding tendency of homecare settings, the market's future appears to be bright.

An ASX-listed firm, reported that an extraordinary increase in demand for surgical gloves as the amount of Covid-19 effects remains unknown. The firm is collaborating with government officials all across the world to make the requests. Despite the risks of commercial operations, it is sticking to severe precautions such as daily temperature checks, labor screening, social distancing, and surface cleanliness to keep manufacturing running.

Recent Developments

• In 2022, Semperit has invested approximately USD 10 million (EUR 9.4 million) in the installation of two new production lines, as well as the relocation of the existing North American headquarters and distribution center from Stone Mountain to Newnan in the state of Georgia. This decision has been taken place to enhance the strategic commitments of customer proximity
• In 2021, FourKites and Cardinal Health announced a global collaboration to improve tracking of medical equipment, pharmaceutical products, first aid supplies, and personal protective equipment (PPE) in transit to hospitals, pharmacies, and other care facilities around the world. The superior tracking and analytics capabilities of FourKites will assist Cardinal Health in optimizing supply chain operations and enabling a fast, reliable, and frictionless experience for the 29,000 pharmacies and nearly 90% of American hospitals that rely on Cardinal Health for supplies.
• AMD Medicom Inc. has established Manikheir Canada Inc., a new subsidiary that will manufacture nitrile gloves in London, Ontario. This growth is made possible by a collaboration with the Ontario government, which has committed to purchasing 500 million locally manufactured nitrile medical examination gloves per year for its healthcare system.
• In 2020, Semperit Group invested EUR 21 million in the construction of six additional dipping lines for glove production at its Malaysian subsidiary in Kamunting. During a festive ceremony, CEO Karl Haider and COO Kristian Brok opened the new production lines with an annual output of 1.8 billion pieces.

Frequently Asked QuestionsQ1. How big is the Medical Gloves Market?Ans. The global Medical Gloves Market size was US$ 15.4 billion in 2021 and is anticipated to reach US$ 35.6 billion in 2031, growing at a rate of 8.7% from 2022 to 2031.Q2. What is the Medical Gloves Market growth rate?Ans. The growth rate of the Medical Gloves Market is 8.7% from 2022 to 2031.Q3. Which region holds a major market share for the Medical Gloves Market?Ans. North America holds a major market share of the Medical Gloves Market in 2021.Q4. Which segment accounted for the largest Medical Gloves Market share?Ans. Based on type, it is segmented into examination, chemotherapy and surgical. The examination segment is expected to be the largest segment in the Medical Gloves Market in 2021.Q5. Who are the key players in the Medical Gloves Market?Ans. The global Medical Gloves Market report includes players such as Q6. What are the factors driving the Medical Gloves Market growth?Ans. The major factor driving the growth of the market is the growing demand for Powder-free or Non-powdered Medical Gloves and Increase of surgical procedures.Q7. What are the key growth strategies of Medical Gloves Market players?Ans. The key growth strategies of Medical Gloves Market players are product launch, partnerships, and government initiatives.Q8. Which region will provide more business opportunities for the Medical Gloves Market during the forecast period?Ans. The North America region will provide more business opportunities for the Medical Gloves Market during the forecast period.The global Medical Gloves Market was valued at US$ 15.4 billion in 2021 and it is anticipated to grow up to US$ 35.6 billion by 2031, at a CAGR of 8.7% during the forecast period.

Medical gloves are hand gloves used by healthcare providers in order to limit infection transfer into patients. Medical gloves are made of various materials and are accessible in the market through both online and offline channels. Medical gloves are mostly used during diagnostic tests and procedures to maintain sanitation, the safety of patients and caregivers, and the prevention of infections. Disposable gloves are commonly used in the healthcare industry to prevent the spread of infectious bacteria between patients and physicians.

Global Medical Gloves Market scope and Report StructureMarket Drivers and Trends

The Growing Demand for Powder-free or Non-powdered Medical Gloves. The usage of latex gloves has resulted in an increase in allergic or hypersensitive responses among healthcare personnel. On the wrists and hands, allergic responses such as irritant contact dermatitis, a non-immunologic response to an irritant, or skin damage occur. As a result, the worldwide gloves market is predicted to grow as individual’s transition to non-powdered or powder-free gloves, synthetic gloves, or low-protein latex gloves.

Furthermore, Increase of surgical procedures. The increasing number of surgical operations performed for a variety of causes such as car accidents, cosmetic enhancements, and surgeries connected to old age, and much more is directly driving market growth. Additionally, the increasing introduction of innovative and advanced surgical items into the market is paving the way for development. The above aforementioned factors can increase the market growth.

Market Restraints and Challenges

Impact of Stringent Health Regulations, Many standards for medical glove manufacture have been created over the years in response to increased concerns by industry professionals, and new research findings. The FDA regulations for medical glove manufacturers entering the market have also altered, resulting in the creation of high-quality gloves. With the current recommendations regulating the use of gloves, the global medical gloves market is expected to rise. On the other hand, high costs connected with R&D capabilities, restricted infrastructural facilities, and variations in raw material prices are projected to hinder market expansion. In addition, a lack of favorable reimbursement scenarios and technology penetration in developing economies, health hazards associated with nitrile gloves, competitive pricing by local manufacturers, and a lack of suitable infrastructure in low- and middle-income countries are expected to pose market challenges. Finally, these challenges can restrain the market growth.

Global Medical Gloves Market Segmental Overview

The report analyses the global Medical Gloves Market based on type, form, raw material, end-user and region.

Global Medical Gloves Market by Type

Based on type, it is segmented into examination, chemotherapy and surgical. The examination segment is expected to be the largest segment in the Medical Gloves Market in 2021. Furthermore, Examination gloves keep infectious pathogens from spreading illness between patients and healthcare personnel. They are accessible on the market in both sterile and non-sterile forms. Most examination gloves are composed of latex and are commonly used in medical examinations, diagnostic examinations, and other lab operations.

Global Medical Gloves Market by Form

Based on form, the market is bifurcated into powdered, and non-powdered. Non-powdered medical gloves accounted for 68.97% of revenue and 73.12% of volume in 2021. Initially, the powdered glove sector dominated the business. Powdered gloves, on the other hand, were causing severe allergies and skin irritations in users, influencing them to switch to powder-free gloves. To prevent the usage of powdered gloves, several organizations issued numerous rules. This has significantly reduced the usage of powdered gloves in the medical gloves industry, providing non-powered gloves a larger proportion.

Global Medical Gloves Market by Raw Material

Based on material, the Medical Gloves market is segmented into latex, nitrile, vinyl, and others. In 2021, the nitrile glove market accounted for 55.20% of total revenue, while the latex sector accounted for 45.56% of total volume. Nitrile latex gloves are now nearly as breathable and pleasant as natural rubber latex gloves. Furthermore, nitrile latex gloves may be sanitized without compromising their physical qualities. As a result of their improved performance, several industries in the medical gloves industry prefer nitrile latex gloves.

Global Medical Gloves Market by End-User

Based on end-user, the Medical Gloves market is segmented into hospitals, diagnostic laboratories, ambulatory surgical centers, and others. The hospital end-user sector accounted for 54.08% of revenue and is expected to maintain its dominance in the market throughout the projection period. Hospitals are the primary point of contact for health-related concerns. Furthermore, hospitals are popular locations for operations because they are equipped with the necessary equipment and have qualified personnel on staff to manage difficult situations. Physicians, nurses, and other caregivers use gloves as part of the normal procedure, which contributes considerably to the global medical gloves market by preventing disease transmission among healthcare personnel and patients.

Geographical Analysis of Global Medical Gloves Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America held the greatest share of the global medical glove market (33.93%). North America is one of the greatest buyers of gloves, and medical gloves are extremely popular in this area. This is attributable to growing public knowledge of hand hygiene and well-established healthcare settings that are accessible to the majority of the region's population.

The APAC area include both industrialized and developing nations with big populations. APAC is made up of a variety of healthcare markets at various stages of growth. Japan, for example, has one of the largest and most sophisticated healthcare businesses in the world. Surgical developments in Japan indicate an increasing emphasis on cost-cutting, a need for innovative and minimally invasive technology, and efforts to lessen reliance on costly, high-acuity care settings.

Major Players in the Global Medical Gloves Market

The key players studied in the global Medical Gloves Market are

COVID-19 Impact

COVID-19 has had a large and beneficial influence on the market. The increasing number of patients infected with COVID-19 and the increasing rate of hospitalization during this period increased demand for medicinal devices that prevent infection spread.

The popularity of disposable gloves skyrocketed because coronavirus is a contagious illness, the use of medical gloves became increasingly important during this period. Despite the expanding tendency of homecare settings, the market's future appears to be bright.

An ASX-listed firm, reported that an extraordinary increase in demand for surgical gloves as the amount of Covid-19 effects remains unknown. The firm is collaborating with government officials all across the world to make the requests. Despite the risks of commercial operations, it is sticking to severe precautions such as daily temperature checks, labor screening, social distancing, and surface cleanliness to keep manufacturing running.

Recent Developments

• In 2022, Semperit has invested approximately USD 10 million (EUR 9.4 million) in the installation of two new production lines, as well as the relocation of the existing North American headquarters and distribution center from Stone Mountain to Newnan in the state of Georgia. This decision has been taken place to enhance the strategic commitments of customer proximity
• In 2021, FourKites and Cardinal Health announced a global collaboration to improve tracking of medical equipment, pharmaceutical products, first aid supplies, and personal protective equipment (PPE) in transit to hospitals, pharmacies, and other care facilities around the world. The superior tracking and analytics capabilities of FourKites will assist Cardinal Health in optimizing supply chain operations and enabling a fast, reliable, and frictionless experience for the 29,000 pharmacies and nearly 90% of American hospitals that rely on Cardinal Health for supplies.
• AMD Medicom Inc. has established Manikheir Canada Inc., a new subsidiary that will manufacture nitrile gloves in London, Ontario. This growth is made possible by a collaboration with the Ontario government, which has committed to purchasing 500 million locally manufactured nitrile medical examination gloves per year for its healthcare system.
• In 2020, Semperit Group invested EUR 21 million in the construction of six additional dipping lines for glove production at its Malaysian subsidiary in Kamunting. During a festive ceremony, CEO Karl Haider and COO Kristian Brok opened the new production lines with an annual output of 1.8 billion pieces.

Frequently Asked QuestionsQ1. How big is the Medical Gloves Market?Ans. The global Medical Gloves Market size was US$ 15.4 billion in 2021 and is anticipated to reach US$ 35.6 billion in 2031, growing at a rate of 8.7% from 2022 to 2031.Q2. What is the Medical Gloves Market growth rate?Ans. The growth rate of the Medical Gloves Market is 8.7% from 2022 to 2031.Q3. Which region holds a major market share for the Medical Gloves Market?Ans. North America holds a major market share of the Medical Gloves Market in 2021.Q4. Which segment accounted for the largest Medical Gloves Market share?Ans. Based on type, it is segmented into examination, chemotherapy and surgical. The examination segment is expected to be the largest segment in the Medical Gloves Market in 2021.Q5. Who are the key players in the Medical Gloves Market?Ans. The global Medical Gloves Market report includes players such as Q6. What are the factors driving the Medical Gloves Market growth?Ans. The major factor driving the growth of the market is the growing demand for Powder-free or Non-powdered Medical Gloves and Increase of surgical procedures.Q7. What are the key growth strategies of Medical Gloves Market players?Ans. The key growth strategies of Medical Gloves Market players are product launch, partnerships, and government initiatives.Q8. Which region will provide more business opportunities for the Medical Gloves Market during the forecast period?Ans. The North America region will provide more business opportunities for the Medical Gloves Market during the forecast period.

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