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Venkat Reddy
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Disposable Medical Gloves Market Expected to Grow at a CAGR of 9.18% During 2020-2025
Disposable Medical Gloves Market size is forecast to reach $8.73 billion by 2025, growing at a CAGR of 9.18%during the forecast period 2020-2025., 5/22/2020 - Disposable Medical Gloves Market size is forecast to reach $8.73 billion by 2025, growing at a CAGR of 9.18%during the forecast period 2020-2025. Medical gloves are one of the personal protective equipment in the healthcare sector that are used to protect the wearer and/or the patient from the spread of infection or illness during medical procedures and examinations. They are a part of the infection-control strategy. Disposable medical gloves are commonly used in order to prevent transmission of infection from multiple usages. Growing prevalence of viral infections among major nations of the world and rising health awareness has resulted in a rise in demand for disposable medical gloves in the healthcare sector. Advantages of Disposable Medical Gloves like safer working and better barrier between skin and bio hazardous material, along with major product launches by key market players are some other factors that is poised to drive the growth of the market.

Key Takeaways

North America dominates the Disposable Medical Gloves Market in the year 2019 owing to the presence of well-developed healthcare infrastructure, growing incidences of viral infections and high health awareness among the masses. The Disposable Medical Gloves Market scope for different regions will be provided in the final report.

Growing cases of COVID-19 global pandemic, rising prevalence of communicable viral diseases and large investments of various companies for the gloves market have helped in significant growth of Disposable Medical Gloves Market. Technological developments of the Disposable Medical Gloves Industry in upcoming years is poised to drive the industry growth during the forecast period 2020-2025.

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Geography - Segment Analysis

North America dominates the geography segment of Disposable Medical Gloves Market with a share of more than 38.7% in 2019, followed by Europe. Growing awareness about prevention of healthcare associated infections, rising demand for high quality surgical gloves for surgeries and presence of large number of suppliers and distributors in the region have fuelled the market growth.

However, Asia-Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025. This is owing to rising prevalence of the viral diseases, growing incidences of global pandemic COVID-19 and increasing health awareness among the masses.

Drivers – Disposable Medical Gloves Market

Growing prevalence of viral transmission and global pandemic COVID-19

Growing innovation of the applications of disposable medical gloves

Disposable Medical Gloves Market top 10 companies are Ansell Limited, B. Braun Melsungen Ag, Cardinal Health Inc, Dynarex Corporation, Hartalega Holding Berhad, Kossan Rubber Industry Bhd, Rubberex Corp M Bhd, Semperit Ag Holding, Supermax Corporation Berhad and Top Glove Corporation Berhad among others.

About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.

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