Global Medical Gloves Strategic Business Report: Significance of Hand Protection in Hospitals and Laboratories Drives Demand

DUBLIN, July 10, 2023 /PRNewswire/ -- The "Medical Gloves: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Medical Gloves estimated at US$21.8 Billion in the year 2022, is projected to reach a revised size of US$46.9 Billion by 2030, growing at a CAGR of 10.1% over the analysis period 2022-2030.

Examination Gloves, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$39.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Surgical Gloves segment is readjusted to a revised 9.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.9 Billion, While China is Forecast to Grow at 11.7% CAGR

The Medical Gloves market in the U.S. is estimated at US$6.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.1 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.

Select Competitors (Total 229 Featured) -

• Ansell Healthcare Products, LLC
• B. Braun Melsungen AG
• Cardinal Health, Inc.
• Cypress Medical Products, LLC
• Halyard Health, Inc.
• Hartalega Holdings Bhd
• Kossan Rubber Industries BHD
• Molnlycke Health Care AB
• Paul Hartmann AG
• Rubberex Corporation (M) Berhad
• Semperit AG Holding
• Shijiazhuang Hongray Group
• Supermax Corporation Berhad
• Top Glove Corporation Bhd
• Vulkan Medical AS

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession
• 2020 Marked as a Year of Disruption & Transformation
• As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed?
• Gloves Become an Important Weapon to Fight Against COVID-19 Pandemic
• Pandemic Propels Production and Sales of Medical Gloves
• Risk of Skin Damage due to Excessive Glove Usage: A Concern Amidst the Pandemic
• Excessive Glove Usage and Increase in Medical Waste Give Rise to Environmental Concerns
• Pandemic Leads to Spike in Prices of Medical Gloves
• Percentage Growth in Average Selling Prices (ASP) of Gloves: 2Q2020 to 1Q2021
• Competition
• Medical Gloves - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Medical Gloves: Global Market Prospects & Outlook
• Disposable Medical Gloves Find Wider Acceptance
• Surgical Gloves to Post Healthy Gains
• Powder-Free Gloves Enjoy High Popularity
• Hospitals & Clinics Remain Primary End-User of Disposable Medical Gloves
• Developed Regions Remain Major Revenue Contributors, Developing Regions Evolve into Fastest Growing Markets
• Global Production Landscape: Malaysia Leads the Production of Disposable Gloves
• Global Glove Production Volume by Country: 2021
• Malaysia Ramps Up Production to Cater to Surging Global Demand Amidst the Pandemic
• Top Glove: The Largest Rubber Glove Manufacturer
• Top Gloves Manufacturers Worldwide: Capacity in Billion Pieces for Top Glove, Hartalega, Kossan, and Supermax
• Top Glove Corporation's Sales Volume (in %) by Geographic Region (1QFY22)
• Top Glove Corporation's Glove Product Mix: Breakdown of Sales Volume by Product Type for FY2014 to Q1FY2022
• Hartalega Leads in Nitrile Gloves Segment
• Supermax & Kossan: Other Leading Malaysian Manufacturers
• Medical Gloves: An Introduction
• Latex Gloves
• Latex Alternatives
• Polymer Coatings: Technological Advancements
• Benefits & Drawbacks of Latex and Non-Latex Gloves
• Types of Medical Gloves
• Examination Gloves
• Surgical Gloves
• Powdered and Powder-Free Gloves
• World Brands
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• An Insight into Global Rubber Gloves Market
• Innovations Drive Growth
• Select Innovations
• Focus on Hygiene & Safety Amidst the Pandemic to Fuel Demand for Disposable Medical Gloves
• Surging Demand for Disposable Gloves Amidst the COVID-19 Pandemic
• Significance of Hand Protection in Hospitals and Laboratories Drives Demand for Medical Gloves
• Rising Number of Medical Professionals and Surgeries Drive Growth in Market
• Rising Incidence of Hospital Acquired Infections Propels Market Growth
• Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost from Leading Infections
• Rising Cases of Chronic Wounds Propel Need for Medical Gloves
• Global Prevalence of Chronic Wounds by Wound Type
• Growth in Number of Surgical Procedures to Propel Demand
• Growth in the Number of Surgeries in the US (2010-2025) and 2001-2010 (in %)
• Medical Gloves Demand Benefits from the Rise in Number of Cosmetic & Plastic Surgeries
• Aesthetic Surgical Procedures Worldwide: Percentage Breakdown of Procedures by Type of Surgery for 2020
• Increasing Patient Population & Medical Tourism Propel the Market
• Growing Needs of Aging Population Spur Demand for Medical Gloves
• Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
• Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
• Improving Healthcare Expenditure Turbo Charges Demand
• World Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021 & 2023
• Rise in Number of Diagnostic Laboratories Spurs Demand for Medical Gloves
• Trend towards Powderless Examination Gloves for Medical Use
• Latex Gloves Rapidly Lose Share to Synthetic Gloves
• Nitrile Gloves: An Effective Synthetic Alternative to Natural Rubber Latex Gloves
• Nitrile Gloves Market Witnesses Exponential Demand amid COVID-19 Crisis
• Nitrile Gloves Witness Surging Demand
• Medical Nitrile Gloves Market Endows Stellar Opportunities for Growth
• Vinyl Disposable Gloves Laced with Inherent Drawbacks
• Manufacturers of NR Latex Gloves Rise to the Challenge
• Underplayed Advantages of NRL: Hoping to Reinstate Consumer Confidence
• Surgical Gloves: Shaped by Comfort, Fit & Barrier Protection
• COVID-19-Induced Shortages of Surgical Gloves despite Capacity Expansions
• Surgical Gloves Market Posts Healthy Growth as Demand Continues Skewing Upside
• Pent-Up Elective Surgery Demand Bodes Well for Surgical Gloves
• Cumulative Surgery Cancellations Worldwide (In Million)
• Exploding Demand & Price Spree Enjoyed by Surgical Gloves to Subside Gradually
• Sustainability as Prominent Buzzword in Surgical Gloves Space
• New Surgical Gloves to Mitigate Risk of Allergic Contact Dermatitis
• Popularity of Ambulatory Surgical Centers Surges Demand for Surgical Gloves
• Implementation of Double Gloving Practice Spurs Growth Opportunities
• Amidst Concerns over Environmental Pollution, Environmentally Friendly Gloves Find Favor
• Future of Powdered Gloves Precariously Hangs in Balance
• Product Variables for Commercial Success
• Managed Care Vs. Cost Concerns
• Industry Upbeat on the Technology & Innovation Front
• Hartalega Develops Non-Leaching Antimicrobial Gloves with Active Ingredient
• Technology/Product Breakthroughs in Recent Years
• Demand and Supply Dynamics
• Durability of Medical Gloves: A Key Issue

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/679sa5

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets