Global Disposable Medical Gloves Market Size, Share and Forecast 2026
The global disposable medical gloves market was estimated to be 5114 million USD and is forecasted to grow at a stable CAGR around 7.5 % during the forecast period 2019 to 2026.
(EMAILWIRE.COM, October 16, 2019 ) The global disposable medical gloves market was estimated to be 5114 million USD and is forecasted to grow at a stable CAGR around 7.5 % during the forecast period 2019 to 2026.
Increase in pandemic, infectious diseases and surgical procedures, product innovations, and growing awareness of clinical safety and hygiene are some of the fundamental factors that driving the disposable medical gloves market growth across the globe.
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The Natural Rubber Gloves segment of disposable medical gloves market was valued at $2065.99 Million in 2018 and is estimated to grow at a CAGR of 7.3% over the forecast period. Natural rubber gloves, also known as latex gloves, hold the most dominant market share as it is the most commonly used disposable glove type in both surgical and examination applications, owing to its broader availability, comparative low cost and better ease of use. According to the CDC and the OSHA, in 2017 alone, 233 billion pieces of rubber gloves were consumed globally with majority of them for medical purposes. The Examination segment of Disposable Medical Gloves market was valued at $3504.95 Million in 2018 and is estimated to grow at a CAGR of 7.6% over the forecast period. The Examination segment holds the most significant market share of the global market owing to its wide range of applications such as a general medical exam, first response, emergency medical services, and laboratory application. North America is anticipated to witness the highest growth rate over the forecast period. North America Disposable Medical Gloves market was valued at $1979.12 Million in 2018 and is estimated to grow at a CAGR of 7.5% over the forecast period. This is owing to the growing awareness for safety and hygiene in the region, large customer base, increasing number of pandemic diseases and surgical procedures that leads to rise in SSIs, increase in awareness about dental examination and rise in annual dental visits, rise in prevalence of cancer and high awareness among healthcare professionals.
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Increase in pandemic, infectious diseases and surgical procedures is one of the factors positively helping the global market growth. According to WHO, in 2017, the annual epidemics of seasonal influenza globally estimated 3-5 million cases of severe illness and about 290,000-600,000 respiratory deaths.The key players are involved in several product innovations to aid the medical examinations and surgical procedures. This factor is anticipated to spur the industry growth during the forecast period. For instance, Ansell Limited has developed MICROFLEX MidKnight XTRA which features features an elongated cuff for added coverage of the wrist and forearm and has a distinctive black color that allows wearers to see potentially hazardous powders on hands easily. Moreover, the growing awareness on clinical safety and hygiene is expected to drive the growth of the market. For instance, double gloving is the recommended best practice when gloving for surgery as it provides an additional level of protection against blood-borne infections and greatly reduces the risk of glove penetrations.
North America to Grow at Highest Rate in Disposable Medical Gloves Market
Geographically, the global disposable medical gloves market has been divided into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America is forecasted to witness high growth and grow at highest CAGR during the forecast period owing to the growing awareness for safety and hygiene in the region, large customer base, increasing number of pandemic diseases and surgical procedures that leads to rise in SSIs, increase in awareness about dental examination and rise in annual dental visits, rise in prevalence of cancer and high awareness among healthcare professionals. For instance, according to WHO, in the US there are at least 80,000 fatalities each year and about 200 deaths per day from Hospital acquired infections. New technological advancements are increasing the market in the region as medical gloves are an essential part of examination, drug delivery and surgery. For instance, in January 2019, an Ohio State University researcher and her team have created a medical glove that can block radiation while meeting federal guidelines and not triggering allergic reactions. Europe is also expected to show substantial growth over the forecast period due to rise in prevalence of SSIs and HAIs, large customer base due to large population base aware to hand and healthcare hygiene, favourable government policies, rise in annual dental visits and new product launches.
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Market Players
The disposable medical gloves market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, Shepard Medical Products, Halyard Health, Ansell Limited, and Cardinal Health. The key players are adopting various growth strategies such as product launches, mergers & acquisitions, partnerships, and collaborations which are contributing to the growth of the disposable medical gloves market globally. For instance, in February 2019, Ansell Limited acquired Ringers Gloves, a leading provider of specialty impact gloves to oil & gas and general industry segments with headquarters in Houston, Texas for a total consideration of US$70m and subject to usual closing adjustments.
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About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Increase in pandemic, infectious diseases and surgical procedures, product innovations, and growing awareness of clinical safety and hygiene are some of the fundamental factors that driving the disposable medical gloves market growth across the globe.
>View Full Report Sample<
The Natural Rubber Gloves segment of disposable medical gloves market was valued at $2065.99 Million in 2018 and is estimated to grow at a CAGR of 7.3% over the forecast period. Natural rubber gloves, also known as latex gloves, hold the most dominant market share as it is the most commonly used disposable glove type in both surgical and examination applications, owing to its broader availability, comparative low cost and better ease of use. According to the CDC and the OSHA, in 2017 alone, 233 billion pieces of rubber gloves were consumed globally with majority of them for medical purposes. The Examination segment of Disposable Medical Gloves market was valued at $3504.95 Million in 2018 and is estimated to grow at a CAGR of 7.6% over the forecast period. The Examination segment holds the most significant market share of the global market owing to its wide range of applications such as a general medical exam, first response, emergency medical services, and laboratory application. North America is anticipated to witness the highest growth rate over the forecast period. North America Disposable Medical Gloves market was valued at $1979.12 Million in 2018 and is estimated to grow at a CAGR of 7.5% over the forecast period. This is owing to the growing awareness for safety and hygiene in the region, large customer base, increasing number of pandemic diseases and surgical procedures that leads to rise in SSIs, increase in awareness about dental examination and rise in annual dental visits, rise in prevalence of cancer and high awareness among healthcare professionals.
>Free Download Sample Report<
Increase in pandemic, infectious diseases and surgical procedures is one of the factors positively helping the global market growth. According to WHO, in 2017, the annual epidemics of seasonal influenza globally estimated 3-5 million cases of severe illness and about 290,000-600,000 respiratory deaths.The key players are involved in several product innovations to aid the medical examinations and surgical procedures. This factor is anticipated to spur the industry growth during the forecast period. For instance, Ansell Limited has developed MICROFLEX MidKnight XTRA which features features an elongated cuff for added coverage of the wrist and forearm and has a distinctive black color that allows wearers to see potentially hazardous powders on hands easily. Moreover, the growing awareness on clinical safety and hygiene is expected to drive the growth of the market. For instance, double gloving is the recommended best practice when gloving for surgery as it provides an additional level of protection against blood-borne infections and greatly reduces the risk of glove penetrations.
North America to Grow at Highest Rate in Disposable Medical Gloves Market
Geographically, the global disposable medical gloves market has been divided into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America is forecasted to witness high growth and grow at highest CAGR during the forecast period owing to the growing awareness for safety and hygiene in the region, large customer base, increasing number of pandemic diseases and surgical procedures that leads to rise in SSIs, increase in awareness about dental examination and rise in annual dental visits, rise in prevalence of cancer and high awareness among healthcare professionals. For instance, according to WHO, in the US there are at least 80,000 fatalities each year and about 200 deaths per day from Hospital acquired infections. New technological advancements are increasing the market in the region as medical gloves are an essential part of examination, drug delivery and surgery. For instance, in January 2019, an Ohio State University researcher and her team have created a medical glove that can block radiation while meeting federal guidelines and not triggering allergic reactions. Europe is also expected to show substantial growth over the forecast period due to rise in prevalence of SSIs and HAIs, large customer base due to large population base aware to hand and healthcare hygiene, favourable government policies, rise in annual dental visits and new product launches.
>Enquiry about the Report<
Market Players
The disposable medical gloves market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, Shepard Medical Products, Halyard Health, Ansell Limited, and Cardinal Health. The key players are adopting various growth strategies such as product launches, mergers & acquisitions, partnerships, and collaborations which are contributing to the growth of the disposable medical gloves market globally. For instance, in February 2019, Ansell Limited acquired Ringers Gloves, a leading provider of specialty impact gloves to oil & gas and general industry segments with headquarters in Houston, Texas for a total consideration of US$70m and subject to usual closing adjustments.
>Buy this premium research report <
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results