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Medical Gloves Market Worth Around 7.72 Billion USD by 2024 | Moderate CAGR 6.4% In International Market

Press release   •   Apr 12, 2019 07:29 EDT

Global Medical Gloves Market is expected to grow significantly from USD 5.01 billion in 2017 to USD 7.72 billion in 2024, at a moderate CAGR 6.4% from 2018 to 2024.

This growth is attributed to the growing number of hospitals and pharmaceutical in developing countries, increasing incidences of pandemic diseases. Moreover, advancement in gloves technology and rising awareness regarding hygiene is further boosting the growth of the market.

The years used for the assessment are as follows:

Historical year: 2014, 2015 and 2016
Base year: 2017
Forecast period: 2018 – 2024

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RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total global medical gloves market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global medical gloves market
Finalizing the overall size and share of the global medical gloves market

OBJECTIVES:

To analyze market trends, opportunities, drivers, and restraints associated with the global medical gloves market
To study market response with respect to the mergers and acquisitions in the industry
To profile key companies operating in the global medical gloves market and provide their competitive landscape

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MARKET SCOPE

The research scope for Global medical Gloves Market is as follows:

Type of Material

Nitrile
Polyethylene
Natural Rubber
Vinyl
Neoprene
Others

By Gloves Type

Surgical Gloves
Chemotherapy Gloves
Examination Gloves
Others

By Form

Powder-Free Form Gloves
Powdered Form Gloves

By Application

Medical use
Gastrointestinal Surgeries
Orthopedic Surgeries
Gynecological Operations
Others

Non Medical Use

By End-use

Hospitals
Pharmaceuticals
Diagnostic center
Ambulatory Surgery Center

By Region

North America
Europe
Asia-Pacific
Middle East and Africa

FREE ANALYSIS

The global medical gloves market is expected to grow significantly from USD 5.01 billion in 2017 to USD 7.72 billion in 2024, at a CAGR 6.4% from 2018 to 2024. This growth is attributed to the growing number of hospitals and pharmaceutical in developing countries, increasing incidences of pandemic diseases. Moreover, advancement in gloves technology and rising awareness regarding hygiene is further boosting the growth of the market.

Medical gloves are an important everyday product for all medical professionals working in a healthcare environment. The gloves not only protect them also create a safety zone in the working environment. Medical gloves are available in a variety of different materials, including nitrile rubber, latex, neoprene, and vinyl. The technology advancement has resulted in supporting utilities made up of high quality polymer.These materials offer high wear and tear resistance. Further in 2016, Food and drug administration (FDA) had decided to put a ban on powdered surgical gloves on account of their breathing effects. Medical gloves effectively reduce the risk of transmitting diseases such as HIV, contaminated blood, hepatitis, and others. In the pharmaceutical industry, the medical gloves protect the worker from chemical hazards, and APIs form cross-contamination.

On the basis of type of material

  • The natural rubber segment hold major share of the market in 2017, owing to growing demand in chemical and healthcare industries, the natural rubber is good resistance to many acids and alcohols
  • The polyethylene segment was the fastest growing segment of the market in 2017

Based on application, the medical use segment hold the major share of market due to growing number of surgery and clinical used.

Geographically, North America held the maximum share of global medical gloves market. The growth in this region attributed to growing incidence of transmitting diseases, and growing awareness regarding hygiene. Europe holds second largest market share in 2017. Asia Pacific will witness the highest growth rate of medical gloves in coming year owing to growing number of hospitals and healthcare industries in this region.

Some of the key companies operating in the market include Supermax Corporation Berhad; RUBBEREX; Top Glove Corporation Bhd; Semperit AG Holding; Kossan Rubber Industries Bhd; Cardinal Health; Ansell; PAUL HARTMANN AG; United Medical Industries Co. Ltd.; Dynarex Corporation, and among others.

Table of Contents

Global Medical Gloves Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Medical Gloves – Market snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global medical gloves market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.5.1. Market driver analysis

3.5.1.1. Growing awareness about hygiene policies

3.5.1.2. Growing demand in end use industry

3.5.1.3. Increasing incidences of pandemic diseases

3.5.1.4. Growing demand of medical gloves in emerging market

3.5.2. Market restraint analysis

3.5.2.1. Risk of allergic reaction to natural rubber

3.5.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive aanalysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Medical Gloves Market Size and Forecast (2014 – 2024)

5.1. Global Medical Gloves Market, By Type of Material

5.1.1. Nitrile

5.1.2. Polyethylene

5.1.3. Natural Rubber

5.1.4. Vinyl

5.1.5. Neoprene

5.1.6. Others

5.2. Global Medical Gloves Market, By Gloves Type

5.2.1. Surgical Gloves

5.2.2. Chemotherapy Gloves

5.2.3. Examination Gloves

5.2.4. Others

5.3. Global Medical Gloves Market, By Form

5.3.1. Powder-Free Form Gloves

5.3.2. Powdered Form Gloves

5.4. Global Medical Gloves Market, By Application

5.4.1. Medical Use

5.4.1.1. Gastrointestinal Surgeries

5.4.1.2. Orthopedic Surgeries

5.4.1.3. Gynecological Operations

5.4.1.4. Others

5.4.2. Non Medical Use

5.5. Global Medical Gloves Market, By End-Use

5.5.1. Hospitals

5.5.2. Pharmaceuticals

5.5.3. Diagnostic center

5.5.4. Ambulatory Surgery Center

5.6. Global Medical Gloves Market, By Region

5.6.1. North America

5.6.2. Europe

5.6.3. Asia-Pacific

5.6.4. Middle East and Africa

CHAPTER 6. Global Medical Gloves Market Size and Forecast, By Geography (2014-2024)

6.1. North America Medical Gloves Market

6.1.1. North America Medical Gloves Market, By Type of Material (USD Billion)

6.1.2. North America Medical Gloves Market, By Gloves Type (USD Billion)

6.1.3. North America Medical Gloves Market, By Form (USD Billion)

6.1.4. North America Medical Gloves Market, By Application (USD Billion)

6.1.5. North America Medical Gloves Market, By End-Use (USD Billion)

6.1.6. North America Medical Gloves Market, By Country

6.1.6.1. U.S.

6.1.6.2. Canada

6.1.6.3. Mexico

6.2. Europe Medical Gloves Market

6.2.1. Europe Medical Gloves Market, By Type of Material (USD Billion)

6.2.2. Europe Medical Gloves Market, By Gloves Type (USD Billion)

6.2.3. Europe Medical Gloves Market, By Form (USD Billion)

6.2.4. Europe Medical Gloves Market, By Application (USD Billion)

6.2.5. Europe Medical Gloves Market, By End-Use (USD Billion)

6.2.6. Europe Medical Gloves Market, By Country

6.2.6.1. Germany

6.2.6.2. France

6.2.6.3. U.K.

6.2.6.4. Italy

6.2.6.5. Spain

6.2.6.6. Rest of Europe

6.3. Asia-Pacific Medical Gloves Market

6.3.1. Asia-Pacific Medical Gloves Market, By Type of Material (USD Billion)

6.3.2. Asia-Pacific Medical Gloves Market, By Gloves Type (USD Billion)

6.3.3. Asia-Pacific Medical Gloves Market, By Form (USD Billion)

6.3.4. Asia-Pacific Medical Gloves Market, By Application (USD Billion)

6.3.5. Asia-Pacific Medical Gloves Market, By End-Use (USD Billion)

6.3.6. Asia-Pacific Medical Gloves Market, By Country

6.3.6.1. China

6.3.6.2. Australia

6.3.6.3. Japan

6.3.6.4. South Korea

6.3.6.5. India

6.3.6.6. Rest of Asia-Pacific

6.4. Rest of the World (RoW) Medical Gloves Market

6.4.1. Rest of the World (RoW) Medical Gloves Market, By Type of Material (USD Billion)

6.4.2. Rest of the World (RoW) Medical Gloves Market, By Gloves Type (USD Billion)

6.4.3. Rest of the World (RoW) Medical Gloves Market, By Form (USD Billion)

6.4.4. Rest of the World (RoW) Medical Gloves Market, By Application (USD Billion)

6.4.5. Rest of the World (RoW) Medical Gloves Market, By End-Use (USD Billion)

6.4.6. Rest of the World (RoW) Medical Gloves Market, By Country

6.4.6.1. Brazil

6.4.6.2. Rest of RoW

CHAPTER 7. Key Players and Strategic Developments

7.1. Supermax Corporation Berhad

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. RUBBEREX

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Top Glove Corporation Bhd

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Semperit AG Holding

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Kossan Rubber Industries Bhd

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Cardinal Health

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Ansell Healthcare

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. PAUL HARTMANN AG

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. United Medical Industries Co. Ltd.

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Dynarex Corporation

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Abbreviation

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