Global Medical Gloves Market

Global Medical Gloves Market Size, Share, Growth Analysis, By Form(Powdered and Powdered-Free), By Application(Examination and Surgical) - Industry Forecast 2024-2031


Report ID: SQMIG35A2789 | Region: Global | Published Date: February, 2024
Pages: 219 | Tables: 59 | Figures: 76

Global Medical Gloves Market Regional Insights

The largest market share holder for medical gloves globally is North America, which is projected to expand at a CAGR of 7.97% over the forecast period. The North American region's aging population is increasing demand for surgical procedures, which has led to an increase in the number of operations carried out there. Due to these causes, there are now significantly more individuals in need of successful medical care and surgical treatments, which is likely to fuel market expansion. Over the coming years, it is anticipated that advantages associated with minimally invasive surgical procedures, such as the absence of cuts or incisions on body parts, little to no blood loss, improved patient care, and increased patient experiences, would help drive market expansion.

Over the projection period, Europe is anticipated to develop at a CAGR of 10.27%. The ageing of the population, the prevalence of chronic diseases, the emergence of epidemics and pandemics, the rise in minimally invasive surgical procedures, the increase in hospitalization, the increased risk of HAIs in healthcare settings, and the promotion of the use of double-gloving are important factors boosting the market's growth in Europe. The highest market share for medical gloves in Europe is held by Germany, France, Italy, Spain, and the UK. The majority of nations offer free or inexpensive healthcare to all citizens, including surgery through insurance and reimbursement programmers. Medical gloves are used more frequently as a result of the increase in surgical procedures in European nations.

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Global Medical Gloves Market size was valued at USD 7.02 Billion in 2021 and is poised to grow from USD 7.50 Billion in 2022 to USD 11.97 Billion by 2030, at a CAGR of 6.90% during the forecast period (2023-2030).

Manufacturers use a variety of tactics, such as acquisitions, mergers, joint ventures, new product developments, and geographic expansions, to increase industry penetration and meet the varying needs of different end users, such as hospitals, home healthcare providers, and outpatient/primary care facilities. 'Ansell Limited (Australia)', 'Top Glove Corporation Bhd (Malaysia)', 'Hartalega Holdings Berhad (Malaysia)', 'Supermax Corporation Berhad (Malaysia)', 'Kossan Rubber Industries Bhd (Malaysia)', 'Cardinal Health, Inc. (United States)', 'Medline Industries, Inc. (United States)', 'Semperit AG Holding (Austria)', 'Mölnlycke Health Care AB (Sweden)', 'Kimberly-Clark Corporation (United States)', 'B. Braun Melsungen AG (Germany)', 'Paul Hartmann AG (Germany)', 'KANAM LATEX INDUSTRIES PVT LTD (India)', 'Shandong Yuyuan Latex Gloves Co., Ltd (China)', 'Smart Glove Corporation Sdn Bhd (Malaysia)', 'Riverstone Holdings Limited (Singapore)', 'Dynarex Corporation (United States)', 'Cypress Medical Products, LLC (United States)', 'TG Medical (USA) Inc. (United States)', 'Mölnlycke Health Care (US) LLC (United States)', 'Halyard Health (United States)'

The public health care system has always relied heavily on surgery. Acute and chronic disorders are becoming more common, and procedures are being performed more frequently to treat them. In the United States in 2018, nearly 18 million people got surgical and minimally invasive aesthetic procedures, according to the American Society of Plastic Surgeons (ASPS). Unique medical gloves are more in demand as there are more procedures. The patient examination is among the most often done procedures on patients in a medical context. Healthcare workers handle patients while wearing medical gloves because of the rising number of these operations.

Through ongoing research and development initiatives, producers are exploring ways to create new disposable gloves. As the prevalence of healthcare-associated infections among patients and healthcare personnel has increased, a more modern medical glove that eliminates bacteria without the use of chemicals has been created. With collaborators from Chemical Intelligence UK, an antimicrobial research and development business, and Hartalega Malaysia, a manufacturer of medical gloves, the University of Nottingham created this kind of medical glove. Furthermore, it is possible to create medical blood-repellent gloves (MBRG) by applying blood-repellent mist spray (MS) on regular medical gloves. These gloves can then be utilised right away. Additionally, these gloves have the ability to stop the spread of Escherichia coli and Staphylococcus aureus and accelerate the healing of cuts and scrapes.

The largest market share holder for medical gloves globally is North America, which is projected to expand at a CAGR of 7.97% over the forecast period. The North American region's aging population is increasing demand for surgical procedures, which has led to an increase in the number of operations carried out there. Due to these causes, there are now significantly more individuals in need of successful medical care and surgical treatments, which is likely to fuel market expansion. Over the coming years, it is anticipated that advantages associated with minimally invasive surgical procedures, such as the absence of cuts or incisions on body parts, little to no blood loss, improved patient care, and increased patient experiences, would help drive market expansion.

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Global Medical Gloves Market

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