South America Disposable Gloves Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Natural Rubber, Nitrile, Neoprene, Polyethylene, and Others), Type (Powdered and Powder Free), Application (Examination and Surgical), and End User (Hospital and Clinics, Diagnostic Centers, Ambulatory Surgery Centers, Home Healthcare, and Others)
The disposable gloves market in SAM is expected to grow from US$ 256.04 million in 2021 to US$ 537.05 million by 2028; it is estimated to grow at a CAGR of 11.2% from 2021 to 2028.
Brazil is expected to have the major market share in this region and is projected to grow with the highest growth rate. Growing healthcare-associated infections, a rising aging population, increasing surgical procedures, and rising chronic diseases are witnessing rapid growth in the disposable gloves market. Some of the prominent countries contributing to the growth of the disposable gloves market include Bolivia, Cuba, Uruguay, Panama, and Costa Rica. Others present in the region are also expanding in demand for disposable medical gloves. These countries are substantially rising to spend on the health sector. For example, Cuba recorded the highest healthcare spending of more than 11.7% among Latin American nations in 2017. The growth of the healthcare sector in Latin America is increasing through these initiatives. With the growth of this industry, there will be a rise in the demand for disposable medical gloves, thus aiding the market's growth. Thus, the factor mentioned above is increasing the demand for disposable gloves.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market. The disposable gloves market is expected to grow at a good CAGR during the forecast period.
SAM Disposable Gloves Market Revenue and Forecast to 2028 (US$ Million)
SAM Disposable Gloves Market Segmentation
The SAM disposable gloves market is analyzed on the basis of material, type, application, and end user. Based on the material, the SAM disposable gloves market is segmented into natural rubber, nitrile, neoprene, polyethylene, others. The natural rubber segment held the largest share of the market in 2021. Based on the type, the SAM disposable gloves market is segmented into powdered and powder free. Powder free segment held the largest share of the market in 2021. Based on the application, the SAM disposable gloves market is segmented into examination and surgical. The examination segment held the largest share of the market in 2021. Based on the end user, the SAM disposable gloves market is segmented into hospital and clinics, diagnostic centers, ambulatory surgery centers, home healthcare, and others. The hospital and clinics segment held the largest share of the market in 2021. Based on country, the SAM disposable gloves market is segmented into Brazil, Argentina and rest of SAM. Brazil held the largest market share in 2021.
Additel; AMETEK Inc.; Baker Hughes Company; Beamex Oy Ab; Calmet; Extech Instruments; Fluke Corporation; Spectris; WIKA Alexander Wiegand SE & Co. KG; and Yokogawa Electric Corporation are among the leading companies in the SAM disposable gloves market.
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