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Nitrile Medical Gloves Market Expected to Grow at a CAGR of 7.2% During 2020-2025
Nitrile Medical Gloves Market Size in 2019 is estimated to be $983 million and is growing at a CAGR of 7.2% during the forecast period 2020-2025.

BriefingWire.com, 5/22/2020 - Nitrile Medical Gloves Market Size in 2019 is estimated to be $983 million and is growing at a CAGR of 7.2% during the forecast period 2020-2025. Nitrile is one of the most preferred materials for manufacturing gloves. Nitrile gloves are widely used across all industries worldwide and are frequently used to provide safety and protection. Nitrile is latex-free and provides three times more puncture resistance than standard latex exam gloves. Nitrile gloves are known for providing maximum protection with the ability to provide chemical protection. Rising awareness regarding hygiene and rising demand for disposable gloves in medical applications are the major factors driving the growth of the market. Furthermore, the high prevalence of chronic diseases further increases the demand for Nitrile Medical Gloves Market.

Key Takeaways

In 2019, North America dominated the nitrile medical gloves market owing to increasing concern related to diseases, technological advancement and rising demand for disposable gloves.

Rising awareness regarding hygiene and rising prevalence of chronic disease are likely to aid in the market growth of nitrile medical gloves.

Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the nitrile medical gloves market report.

The high cost of nitrile gloves and lack of knowledge about hygiene are challenging the growth of the market.

Download Sample Report @ www.industryarc.com/pdfdownload.php?id=502332

By Application - Segment Analysis

Based on the application, Nitrile Medical Gloves Market is segmented into examination gloves, surgical gloves, chemotherapy gloves, and others. The surgical gloves segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 5.8% during the forecast period 2020-2025.

Geography - Segment Analysis

In 2019, North America dominated the nitrile medical gloves market share accounting for 33% of the market.

Drivers – Nitrile Medical Gloves Market

Rising awareness regarding hygiene

Growing number of contagious diseases

Nitrile Medical Gloves top 10 companies are Ansell, Hartalega Holdings Berhad, Dynarex Corporation, United Glove Inc., Kossan Rubber Industries Ltd., Supermax Corporation Berhad, Rubberex, Adventa Berhad, Kimberly Clerk and 3M Company.

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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