Global Disposable Medical Gloves Market by Application (Surgical, Examination), by End Use (Home Healthcare, Hospital), by Material (Vinyl, Nitrile) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global disposable medical gloves market was valued at USD 3.49 billion in 2019. It is expected to grow at a compound annual rate (CAGR), of 8.8% between 2020 and 2027. Over the forecast period, disposable medical gloves will be in high demand due to the growing importance of hand protection equipment for the healthcare industry, especially during the COVID-19 pandemic. These gloves provide protection against cross-contamination during surgeries and medical examinations. They are also intended to be used once, which reduces the risk of contamination. These factors will drive their demand during the forecast period.

The largest market share in North America in 2019 was held by the United States. This is due to strict regulations regarding the safety of patients, doctors and other healthcare workers. This has boosted the use of disposable medical gloves. Due to its high puncture resistance, high sensitivity and high growth rate, the nitrile segment will see the greatest growth.

This product protects against exposure to germs, bloodborne pathogens and other contaminants while on the job. The product's demand will rise due to increasing awareness of the safety and health measures that are required for emergency situations and the treatment of patients.

The market is expected to grow due to rapid development in healthcare infrastructure, healthcare reforms across many countries, increasing geriatric population and rising hygiene standards. To reduce the risk of failure due to wear and tear, doctors are now using double gloving. This is expected to further boost market growth.

The product demand is expected to rise due to growing concerns over employee safety and health, as well as increasing COVID-19 cases in several major economies. The market growth is likely to be slowed by the potential environmental impacts of gloves being disposed.

Material Insights

Vinyl material accounted for over 35% of the total revenue in 2019, and will likely continue to dominate the forecast period. Vinyl gloves do not contain latex, which means they are safe for skin reactions and allergies. They are also cost-effective, comfortable, and soft.

The fastest expected growth rate for the nitrile segment will be 9.4% during the forecast period. Products made from nitrile are highly resistant to puncture, offer excellent barrier protection and durability. This makes them a popular choice in areas where contamination is a concern.

The second-largest segment of material is natural rubber. They are very tactile and are used in sensitive areas such as surgeries and medical procedures. They are also flexible and comfortable and can be used to handle biological or water-based materials. They can also cause allergic reactions and skin irritations.

Over the forecast period, the neoprene segment is expected to grow at an 8.5% CAGR. The polymerization of chloroprene results in the production of neoprene, a type synthetic rubber. It is waterproof and resists stretching.

Application Insights

The market's largest segment, the examination application, accounted for 75% of global market share in 2019. It is expected to maintain its dominance during the forecast period. Disposable Gloves Made from vinyl or natural rubber, they are used for general procedures with low risk, such as non-invasive physical examinations.

Infection spread by physical contact is the main cause of sickness in healthcare. Because of this, healthcare professionals such as doctors, nurses and caregivers often use gloves to protect themselves against contamination during procedures or examinations. The rapid spread of the COVID-19 epidemic is expected to increase the demand for exam gloves during the forecast period.

The fastest expected CAGR for the surgical application segment will be 9.4% during the forecast period. Surgical applications are likely to see a rise in demand due to rising incidences of chronic diseases such as heart disease and cancer. These conditions often require medical procedures and surgeries.

These surgical application gloves are more durable than examination gloves. They are used frequently by nurses and surgeons. They are usually sterile because they are used in surgical procedures.

End-use Insights

Hospitals end-use was the largest revenue segment with a share of more than 55% in 2019. It is expected to continue its dominance over the forecast period. It is used extensively in hospitals by doctors, nurses, surgeons, and other healthcare workers for surgical and examination purposes.

Rising prevalence of Hospital-Acquired Infections (HAIs), including surgical site infection, ventilator-associated pneumonia, and bloodstream infection, is expected to boost the product demand in the hospitals end-use segment. The segment will also see a rise in geriatrics and chronic illnesses over the forecast period.

Over the forecast period, the outpatient/primary care facility segment will see a 7.4% CAGR. OPD physicians are more at risk for infection because they have first contact with patients suffering from undiagnosed conditions and symptoms. This segment is expected to grow because of the high number people who visit primary care facilities for consultation.

Due to an increasing number of people using home healthcare, the segment will see steady growth over the next few years. Refers to professional services such as rehabilitation & therapy, help in daily activities, and private-duty nursing care that are provided at the home of patients by healthcare professionals like doctors, aides and nurses.

Regional Insights

Europe held 34.5% of the global market in 2019, and this will continue to be the case throughout the forecast years, due to rising healthcare spending in Europe's major countries. Asia Pacific will be the fastest growing market in the future due to increasing awareness about hygiene and safety, and a growing healthcare infrastructure. Market growth will also be influenced by the presence of large product manufacturers.

North America is expected to grow at 8.6% CAGR over the forecast period. The market will be driven by factors such as the established healthcare industry, strict government regulations, and increased consumer awareness. Market growth will also be aided by rising health concerns caused by unhealthy lifestyles. Due to the growing healthcare industry and high influx of tourists to countries like Saudi Arabia and UAE, the Middle East is expected to see significant growth during the forecast period.

Market Share Insights & Key Companies

Top Glove Corp. is one of the largest companies to increase their manufacturing capacity. They also plan to expand their facilities to meet the growing demand around the world, especially during the COVID-19 pandemic. Proper inventory management plays a crucial role in this market, as it reduces the cost of stockholding. The following are some of the key players in the global disposable gloves market:

• Ansell Ltd.

• Top Glove Corporation Bhd

• Hartalega Holdings Berhad

• Supermax Corporation Berhad

• Kossan Rubber Industries Bhd.

• Cardinal Health

• Semperit AG Holding

• Rubberex

• Dynarex Corporation

• B. Braun Melsungen AG

Up Market Research published a new report titled “Disposable Medical Gloves Market research report which is segmented by Application (Surgical, Examination), by End Use (Home Healthcare, Hospital), by Material (Vinyl, Nitrile), By Players/Companies Kossan Rubber Industries Bhd, Cardinal Health, Supermax Corporation Berhad, Rubberex, Hartalega Holdings Berhad, Ansell Ltd, Top Glove Corporation Bhd, Dynarex Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Disposable Medical Gloves Market Report Segments:

The market is segmented by Application (Surgical, Examination), by End Use (Home Healthcare, Hospital), by Material (Vinyl, Nitrile).

Disposable Medical Gloves Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Disposable Medical Gloves Market

Overview of the regional outlook of the Disposable Medical Gloves Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Disposable Medical Gloves Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Disposable Medical Gloves Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Surgical

                2. Examination

                1. Home Healthcare

                2. Hospital

                1. Vinyl

                2. Nitrile

9. Market scenario by region, sub-region, and country.
10. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
11. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
12. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Disposable Medical Gloves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Disposable Medical Gloves Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.