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Medical Gloves Market Size, Share & Trends Estimation Report By Product Outlook (Examination, Surgical & Chemotherapy) By End User Outlook (Hospital, Clinics, Ambulatory Surgery Center, Diagnostics Centers, Rehabilitation Centres & Others) By Region And Forecasts, 2022 - 2030
The Medical Gloves Market, which was USD 16.9 billion in 2022, would rise to USD 36.82 billion by 2030 and is expected to undergo a CAGR of 10.20% during the forecast period 2023 to 2030.
The report cites factors such as the growing demand for single-use gloves, increasing awareness about hand hygiene, and the need for safe and effective medical procedures as drivers of market growth.
The global medical gloves market refers to the market for disposable gloves that are used by healthcare professionals during medical procedures to protect themselves and their patients from infection and contamination. The market includes gloves made from various materials such as latex, nitrile, vinyl, and others.
The medical gloves market has seen significant growth in recent years, primarily driven by the increasing prevalence of infectious diseases and the growing demand for personal protective equipment (PPE) amid the COVID-19 pandemic. The market is also driven by the rising demand for disposable gloves in various industries such as food and beverage, pharmaceuticals, and others.
Key players in the global medical gloves market include top brands such as Ansell Healthcare, Hartalega Holdings Berhad, Cardinal Health, Inc., Kossan Rubber Industries Bhd, and others. These companies are focusing on research and development to introduce new and innovative products, expand their product portfolio, and cater to the growing demand for medical gloves.
Market Dynamics
Driving Factors
There are several driving factors that have contributed to the growth of the global medical gloves market, including:
Growing awareness about hand hygiene: The importance of hand hygiene has been emphasized during the COVID-19 pandemic, leading to an increased demand for gloves as a preventive measure.
Stringent regulations on healthcare safety: Regulatory bodies such as the Occupational Safety and Health Administration (OSHA) have mandated the use of personal protective equipment in healthcare settings, including gloves, to ensure the safety of healthcare workers.
Technological advancements in glove manufacturing: The development of new materials and manufacturing technologies has led to the introduction of more durable, comfortable, and effective gloves that meet the needs of healthcare workers.
Increasing demand for disposable gloves in other industries: Disposable gloves are also used in other industries such as food and beverage, pharmaceuticals, and chemicals, leading to a wider demand for medical gloves.
Restraining Factors
There are several restraining factors that could potentially limit the growth of the global medical gloves market, including:
Increasing competition: The market is highly competitive, with many players offering similar products. This could lead to price wars and limit profit margins for manufacturers.
Environmental concerns: The disposal of medical gloves creates environmental challenges, such as the accumulation of plastic waste. This has led to growing concerns about the environmental impact of disposable gloves and a push towards more sustainable alternatives.
Fluctuating raw material prices: The prices of raw materials used in glove manufacturing, such as latex and nitrile, are subject to fluctuations in the global market. This can impact the cost of production and ultimately affect product pricing.
Supply chain disruptions: The COVID-19 pandemic has highlighted the vulnerability of global supply chains, leading to disruptions in the production and distribution of medical gloves.
Increasing preference for reusable gloves: As awareness about the environmental impact of disposable gloves grows, some healthcare facilities may switch to reusable gloves. This could reduce the demand for disposable gloves and limit market growth.
Adverse reactions to gloves: Some people may experience adverse reactions to certain types of gloves, such as latex allergies. This could limit the use of certain types of gloves in healthcare settings and impact market growth.
Challenges
There are several challenges that the global medical gloves market may face, including:
Cost pressures: The cost of production and distribution of medical gloves can be high, and manufacturers may face pressure to reduce costs to remain competitive. This could impact the quality of the gloves or lead to reduced profit margins.
Technological limitations: The development of new materials and manufacturing technologies can be time-consuming and costly. Manufacturers may face challenges in adopting new technologies and introducing new products to the market.
Economic and political instability: Global economic and political instability can impact the demand for medical gloves and disrupt supply chains. This could lead to fluctuations in prices and availability of gloves.
Shortage of raw materials: The availability of raw materials, such as latex and nitrile, can be affected by various factors such as weather conditions, demand fluctuations, and supply chain disruptions. This could lead to a shortage of gloves and impact market growth.
Opportunity Analysis
Development of sustainable and eco-friendly gloves: As environmental concerns grow, there is an opportunity for manufacturers to develop sustainable and eco-friendly gloves that reduce the environmental impact of disposable gloves.
Development of new materials: The development of new materials such as biodegradable polymers, silicone, and hybrid materials can lead to the introduction of new and innovative gloves that meet the needs of healthcare workers.
Diversification of product portfolio: Manufacturers can diversify their product portfolio by introducing gloves for specific applications such as chemotherapy, radiology, and dentistry, among others. This can help manufacturers cater to the specific needs of healthcare workers and increase their market share.
Collaboration and partnerships: Collaborations and partnerships between manufacturers, distributors, and healthcare organizations can lead to the development of new products, better distribution networks, and improved access to medical gloves for healthcare workers.
Segmentation Analysis
Product Outlook
Disposable gloves are the most commonly used gloves in healthcare settings. They are designed for single-use and are made from materials such as latex, nitrile, and vinyl. They are used to prevent the transmission of infectious diseases and to protect healthcare workers from exposure to bodily fluids and chemicals.
Reusable gloves are designed for multiple uses and are made from materials such as latex, nitrile, and neoprene. They are used in healthcare settings where the risk of exposure to infectious diseases is lower and are preferred in situations where sensitivity and dexterity are critical.
End User Outlook
Hospitals are the largest end-user segment of the medical gloves market. The use of medical gloves is critical in hospital settings to prevent the transmission of infectious diseases and to protect healthcare workers and patients from exposure to bodily fluids and chemicals.
Clinics and diagnostic centers are another significant end-user segment of the medical gloves market. The use of medical gloves is critical in these settings to prevent the transmission of infectious diseases and to protect healthcare workers and patients from exposure to bodily fluids and chemicals.
Ambulatory surgery centers are facilities that provide surgical procedures on an outpatient basis. The use of medical gloves is critical in these centers to prevent the transmission of infectious diseases and to protect healthcare workers and patients from exposure to bodily fluids and chemicals.
Long-term care facilities such as nursing homes and assisted living facilities are another significant end-user segment of the medical gloves market. The use of medical gloves is critical in these facilities to prevent the transmission of infectious diseases and to protect healthcare workers and residents from exposure to bodily fluids and chemicals.
The other end-user segment includes individual healthcare practitioners such as dentists, veterinary practitioners, and laboratory technicians who use medical gloves in their daily practice to prevent the transmission of infectious diseases and to protect themselves and their patients from exposure to bodily fluids and chemicals.
Regional Analysis
The North American market is the largest market for medical gloves due to the high demand from healthcare facilities, stringent safety regulations, and the presence of major manufacturers in the region.
The European market is the second-largest market for medical gloves. The market is driven by the increasing prevalence of infectious diseases, growing healthcare infrastructure, and the presence of major manufacturers in the region.
The Asia-Pacific market is the fastest-growing market for medical gloves. The market growth is attributed to the increasing healthcare spending, growing awareness about the importance of hygiene and safety, and the presence of a large population base.
The Latin American market is expected to grow at a significant rate due to the increasing demand for medical gloves in healthcare facilities and the growing focus on safety and hygiene in the region.
The Middle East and Africa market for medical gloves is growing due to the increasing healthcare spending, growing healthcare infrastructure, and the presence of major manufacturers in the region.
Scope Of Report:
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | Value (USD Billion) |
Growth Rate | CAGR of 10.20% from 2023 to 2030 |
By Product Type |
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By End-use |
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By Companies |
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Regional Scope |
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Reasons to Purchase this Report and Customization Scope |
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The Global Medical Gloves Market has been segmented into:
By Product Type
- Examination
- Surgical
- Chemotherapy
By End User
- Hospital, Clinics
- Ambulatory Surgery Center
- Diagnostics Centers
- Rehabilitation Centres
- Others
By Region
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Market Players
The global medical gloves market is highly competitive and fragmented, with numerous players vying for market share. Some of the key companies in the market are:
- Cardinal Health
- Medline Industries
- YTY Group
- Arista Networks Inc.
- JIANGSU JAYSUN GLOVE CO.
- Bluesail Medical Co. Ltd.
- Shandong Yuyuan Latex Gloves Co. Ltd.
Top Glove Corporation Bhd is the world's largest manufacturer of gloves, with a market share of over 25%. The company produces a wide range of gloves, including latex, nitrile, and vinyl gloves.
Ansell Limited is a leading manufacturer of protective gloves and clothing, with a strong presence in the medical gloves market. The company produces a range of medical gloves, including surgical gloves, examination gloves, and chemotherapy gloves.
Cardinal Health, Inc. is a leading supplier of healthcare products and services, including medical gloves. The company produces a range of medical gloves, including latex, nitrile, and vinyl gloves.
Hartalega Holdings Berhad is a leading manufacturer of nitrile gloves, with a market share of over 15%. The company produces a range of nitrile gloves, including examination gloves, surgical gloves, and chemotherapy gloves.
Kossan Rubber Industries Bhd is a leading manufacturer of gloves, including medical gloves. The company produces a range of gloves, including latex, nitrile, and vinyl gloves.
Strategic Developments
In January 2021, Top Glove Corporation Bhd acquired the surgical glove business of Adventa Capital Pte Ltd for approximately $1 billion. The acquisition will enable Top Glove to expand its product portfolio and strengthen its position in the medical gloves market.
In September 2020, Ansell Limited announced the acquisition of Primus Gloves Pvt Ltd, a leading manufacturer of industrial gloves in India. The acquisition will enable Ansell to expand its product portfolio and strengthen its position in the Indian market.
In June 2020, Cardinal Health, Inc. announced an investment of $160 million to expand its production capacity for medical gloves in Thailand. The investment will enable Cardinal Health to meet the increasing demand for medical gloves in the global market.
In May 2020, Hartalega Holdings Berhad announced plans to invest $1 billion to build a new manufacturing facility for nitrile gloves in Malaysia. The new facility will enable Hartalega to increase its production capacity and meet the growing demand for medical gloves in the global market.
In April 2020, Kossan Rubber Industries Bhd announced an investment of $95 million to expand its production capacity for medical gloves in Malaysia. The investment will enable Kossan Rubber Industries to meet the increasing demand for medical gloves in the global market.