Disposable Medical Gloves Market Size Predicted To Reach USD 6.7 Billion By 2027 : Grand View Research Inc.

August 12 21:32 2020
Disposable Medical Gloves Market Size Predicted To Reach USD 6.7 Billion By 2027 : Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The growing importance of hand protection equipment in the healthcare industry, most notably during the COVID-19 pandemic, is expected to drive the demand for disposable medical gloves over the forecast period.

Disposable Medical Gloves Market Growth & Trends

The global disposable medical gloves market size is anticipated to reach USD 6.7 billion by 2027 registering a CAGR of 8.8%, according to a new report by Grand View Research, Inc. Disposable gloves are useful in the medical industry owing to their low cost and low risk of contamination, which, in turn, will drive their demand over the forecast period.

Growing demand for hand protection equipment in the medical & healthcare industries, especially during the COVID-19 pandemic, is anticipated to propel the market growth over the forecast period. Increasing awareness pertaining to the advantages of medical gloves for preventing cross-contamination during medical examinations in healthcare facilities is projected to boost their demand.

Moreover, the extensive usage of these gloves for limiting the transmission of COVID-19 spread through surface contact is likely to drive the market growth. Thus, sudden surge in demand has led to the product shortage, owing to which several manufacturers are expected to increase their production capacities over the coming years, which will also support global market growth.

U.S. disposable medical gloves market size, by material, 2016 - 2027 (USD Million)

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 Disposable Medical Gloves Market Report Highlights

  • The market in North America is estimated to register a CAGR of 8.6% over the forecast period owing to the stringent regulations pertaining to the health & safety of healthcare workers

  • Vinyl material segment accounted for the largest market share of 35% in 2019 owing to cost effectiveness of the material. Moreover, vinyl-based gloves is latex-free, due to which it does not cause skin allergies and reactions

  • The surgical application segment is anticipated to register the fastest CAGR of 9.4% over the forecast period on account of rising instances of acute and chronic illnesses that often require surgical procedures

  • Hospitals end-use segment is expected to register the fastest CAGR of 9.2% from 2020 to 2027 on account of increasing preference for hospital facilities for the treatment of several diseases

  • The major players are expected to operate their manufacturing facilities at full capacities owing to the surge in demand due to the COVID-19 pandemic

Global disposable medical gloves market share, by end use, 2019 (%)

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Disposable Medical Gloves Market Segmentation

Grand View Research has segmented the global disposable medical gloves market on the basis of material, application, end use, and region:

Disposable Medical Gloves Material Outlook (Revenue, USD Million, 2016 – 2027)

  • Natural Rubber

  • Nitrile

  • Vinyl

  • Neoprene

  • Polyethylene

  • Others

Disposable Medical Gloves Application Outlook (Revenue, USD Million, 2016 – 2027)

  • Examination

  • Surgical

Disposable Medical Gloves End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Hospitals

  • Home Healthcare

  • Outpatient/Primary Care Facilities

  • Others

Disposable Medical Gloves Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • U.K.

    • Russia

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Indonesia

    • Australia

    • Thailand

    • Malaysia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East

    • United Arab Emirates

    • Saudi Arabia

  • Africa

    • South Africa

List of Key Players of Disposable Medical 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

Browse Related Report:

Surgical Masks Market : https://www.grandviewresearch.com/industry-analysis/surgical-masks-market

Medical Respiratory Protective Equipment : https://www.grandviewresearch.com/industry-analysis/medical-respiratory-protective-equipment-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

 

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