Global Medical Gloves Market Insights, Size and Growth Forecast To 2027

Published: Apr 2020	Report ID: HLCA2005	Pages: 1 - 118	Formats^*:
Category : Healthcare

Global Medical Gloves Market: Overview

Medical gloves are disposable gloves for medical personnel to wear in medical examinations and medical procedures to avoid cross-infection between medical personnel and patients. The material of medical gloves is fragile, and it does not affect heat resistance and protects hands from injury. Medical gloves are made of polymers, most of which are latex, but may also be nitrile rubber, polyethylene or neoprene.

Medical gloves can be divided into examination gloves and surgical gloves. The size of surgical gloves is very precise, because doctors have to wear surgical gloves for high-definition hand movements, so the requirements for gloves is higher. Examination gloves are sterile and non-sterile, while surgical gloves are mostly sterile. Examination gloves usually do not distinguish between left and right hands, but surgical gloves are generally a pair of right and left-hand gloves.

Global Medical Gloves Market: Insights

The global medical gloves market likely to reach USD 10.70 billion in 2027 and generated USD 6.7 billion in 2019, registering a CAGR of 5.82 % during the forecast period (2020-2027). The rise in incidences of chronic diseases, growing concerns about safety and sanitation, and stringent regulations about the usage of personal protective equipment are key factors estimated to propel the global medical gloves market in the upcoming periods. Additionally, the increasing prevalence of the aging population along with the surge in awareness on hygiene & infection control and huge spending on healthcare infrastructure in the developing countries projected to boost the global medical gloves market growth. Moreover, growing awareness related to employee health and safety, along with increasing concern regarding skin diseases in the industrial sector, will accelerate the demand for medical gloves in the next few years.

The world's largest medical gloves, manufacturing companies, are struggling with a serious shortage of workers due to the COVID-19 outbreaks and tries to meet a huge surge in demand for medical gloves as countries like the United States run out of personal protective gear. Furthermore, the rise in the number of surgical procedures across the world will boom the global medical gloves industry in the upcoming years. The increase in the incidence of a pandemic such as covid-19 and swine flu and growing need for controlling infection will accelerate the growth of the global medical gloves market. Also, the huge surge in the frequent outbreak of epidemics and pandemic across the world would promulgate the medical gloves in the analysis periods.

In addition to medicine, medical gloves are used in chemical and biochemical laboratories. Medical gloves provide some essential protection against corrosion and surface contamination. Additionally, the governments' various norms relating to the safety of doctors and patients and staff workers expected to drive the medical gloves market in the forthcoming periods. The huge surge in the consumption rate of medical gloves due to an increase in hygiene and safety concerns. The rise in the aging population and occurrences of chronic health issues and the presence of reliable and upgraded emergency medical services will demand medical devices in outpatient, ambulatory care, and EMS.

The SPER market research report of the Medical Gloves market includes all integrated approaches to the growth of the market, along with an accurate & elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the Medical Gloves market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scales.

Global Medical Gloves Market: Product Type Insight

Based on product type, the global Medical Gloves Market categorized into Examination, Surgical, and Chemotherapy. The Examination segment captured a significant market share in 2019. It would continue dominating until 2027 due to the upsurge in the number of infectious and contagious diseases around the world. Additionally, early detection and diagnosis of various diseases will upsurge the demand for medical devices.

Global Medical Gloves Market: Form Type Insights

Based on the form type, the global medical gloves market bifurcated into powdered and powdered-free. The powdered-free segment witnessed the largest revenue share in 2019 and likely to dominate the medical gloves market by 2027, owing to the growing health concern related to the use of powdered gloves along with the ban imposed by the Food and Drug administration on using the powdered gloves in healthcare facilities.

Global Medical Gloves Market: Usages Type Insights

Based on the usages type, the global medical gloves market bifurcates into disposable and reusable. The reusable segment anticipated dominating the market by 2027 attributable to its benefits such as better hand protection and enhanced durability as compared to standard latex gloves, and it is cost-effective and waster generation.

Global Medical Gloves Market: Raw material type Insights

Based on the raw material, the global medical gloves market categorized into Latex, Nitrile Rubber, Vinyl Rubber, Polyisoprene, and Others. The Latex segment estimated generating maximum revenue by 2027, on account of its benefits such as high elasticity, better touch sensitivity, and its flexibility and sensitivity, which is highly preferred for sensitive applications such as surgical procedures.

Global Medical Gloves Market: Distribution Channel Insights

Based on the distribution channel, the global medical gloves market segregated into Direct Selling, Medical Store, and Online. The Medical Store segment estimated to lead the market by 2027, owing to the easy accessibility and availability of medical gloves and medical stores, helps in avoiding the shopping rush.

Global Medical Gloves Market: End-User Insights

Based on the end-user, the global medical gloves market classified into Hospitals, Clinics, Ambulatory Surgery Centers, Diagnostic Centers, Rehabilitation Centers, and Others. The Hospital segment held the largest market share in 2019. It will continue its dominance by 2027, due to the growing use of medical gloves for examination and surgical purposes and the surge in awareness about health and safety measures for the treatment of patients and emergency response incidents.

Global Medical Gloves Market: Regional Insight

By geography, the global Medical Gloves market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America emerged as the largest market and accounted for the largest share in 2019. It is attributable to improved hospital infrastructure, growing incidences of various chronic diseases coupled with the presence of key players in the manufacturing of medical gloves in these regions.

The Asia-Pacific will be the fastest-growing segment due to improving healthcare infrastructure and increasing prevalence of the aging population coupled with growing awareness about the safety and hygiene among people.

The report presents a detailed assessment of the various factors influencing the market's trajectory into 2020 and 2027. It covers all the crucial information of the leading companies operating in the global Medical Gloves market. Besides highlighting the product offerings, the report also calculates revenue generated over the period and their position in the market.

REPORT HIGHLIGHTS

Overview of key market forces restraining and propelling market growth.
Provide demand, current & past status & also the forecasting up to 2027.
Provide complete overview including, product type, form type, usages type, raw material type, distribution channel, end-user & forecast region.
Provide focused analysis of key service providers with their market share & also help to identify market competition landscape with SWOT analysis.
Historical, current, and projected market size in terms of value & volume
Analyse the global & regional potential market, advantages, risk & opportunity.
Identify significant factors and trends driving or inhibiting the market growth.
In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.

THE REPORT COVERS ANALYSIS OF MEDICAL GLOVES MARKET, BY PRODUCT TYPE

Examination
Surgical
Chemotherapy

THE REPORT COVERS ANALYSIS OF MEDICAL GLOVES MARKET, BY FORM TYPE

Powdered
Powdered-Free

THE REPORT COVERS ANALYSIS OF MEDICAL GLOVES MARKET, BY USAGES TYPE

Disposable
Reusable

THE REPORT COVERS ANALYSIS OF MEDICAL GLOVES MARKET, BY RAW MATERIAL TYPE

Latex
Nitrile Rubber
Vinyl Rubber
Polyisoprene
Others

THE REPORT COVERS ANALYSIS OF MEDICAL GLOVES MARKET, BY DISTRIBUTION CHANNEL

Direct Selling
Medical Store
Online

THE REPORT COVERS ANALYSIS OF MEDICAL GLOVES MARKET, BY END-USER

Hospitals
Clinics
Ambulatory Surgery Centers
Diagnostic Centers
Rehabilitation Centers
Others

THE REPORT COVERS EXHAUSTIVE ANALYSIS ON

Market Segments
Market Dynamics
Brands in Market
Market Size
Current Trends/Issues/Challenges
Competition & Companies Involved
Forecasting
Technology

THE REPORT INCLUDES REGIONAL ANALYSIS ON

North America (Canada, US, Mexico, & Rest of North America Available)
Asia-Pacific (China, India, South Korea, Japan & Rest of Asia Pacific Available)
Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
Central & South America (Brazil, Argentina & Rest of South America Available)
Middle East & Africa (GCC Countries, South Africa, & Rest of MEA available)

KEY PLAYERS OF MEDICAL GLOVES MARKET

Top Glove Corporation Berhad
Supermax Corporation Berhad
Semperit AG Holding
Kossan Rubber Industries Bhd.
Cardinal Health, Inc.
Ansell Limited
Akzenta International Sa
Berner International GmbH
Erenler Medikal
SHIELD Scientific
Robinson Healthcare
Hartalega Holdings Berhad
Medline Industries, Inc.
Leboo Healthcare Products Limited
Sun Healthcare Sdn Bhd (Adventa Berhad)
Rubberex Corp M. Berhad
Other Prominent Players

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Market Dynamics

4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges

4.3. COVID-19 Impact of the Medical Gloves Market
4.4. Market Trends

5. Global Medical Gloves Market, By Product Type, 2021-2027 (USD Million)

5.1. Examination
5.2. Surgical
5.3. Chemotherapy

6. Global Medical Gloves Market, By Form Type, 2021-2027 (USD Million)

6.1. Powdered
6.2. Powdered-Free

7. Global Medical Gloves Market, By Usage Type, 2021-2027 (USD Million)

7.1. Disposable
7.2. Reusable

8. Global Medical Gloves Market, By Raw Material Type, 2021-2027 (USD Million)

8.1. Latex
8.2. Nitrile Rubber
8.3. Vinyl Rubber
8.4. Polyisoprene
8.5. Others

9. Global Medical Gloves Market, By Distribution Channel, 2021-2027 (USD Million)

9.1. Direct Selling
9.2. Medical Store
9.3. Online

10. Global Medical Gloves Market, By End User, 2021-2027 (USD Million)

10.1. Hospitals
10.2. Clinic
10.3. Ambulatory Surgery Centers
10.4. Diagnostic Centers
10.5. Rehabilitation Centers
10.6. Others

11. Global Medical Gloves Market, By Geography, 2021-2027 (USD Million)

11.1. North America

11.1.1. US
11.1.2. Canada

11.2. Europe

11.2.1. Germany
11.2.2. UK
11.2.3. France
11.2.4. Italy
11.2.5. Spain
11.2.6. Rest of Europe

11.3. Asia-Pacific

11.3.1. China
11.3.2. Japan
11.3.3. India
11.3.4. Rest of Asia-Pacific

11.4. Rest of the World

11.4.1. Latin America

11.4.2. Middle East & Africa

12. Competitive Landscape

12.1. Introduction
12.2. Market Share Analysis, By Key Players (2019)
12.3. Competitive Scenario

12.3.1. Product Launches
12.3.2. Partnerships, Collaborations and Agreements
12.3.3. Acquisitions
12.3.4. Expansions
12.3.5. Other Developments

13. Company Profiles

13.1. Ansell Healthcare LLC
13.2. Cardinal Health, Inc.
13.3. Dynarex Corporation
13.4. Hartalega Holdings Berhad
13.5. Kimberly-Clark Corporation
13.6. McKesson Corporation
13.7. Medline Industries, Inc.
13.8. Semperit AG Holding
13.9. Supermax Corporation Berhad
13.10. Top Glove Corporation Berhad

14. Appendix

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1