Disposable Medical Gloves Market Growth: Market Trends and Insights
Disposable Medical Gloves Market Scope & Overview
The Disposable
Medical Gloves Market, as reported by SNS Insider, had a value of USD
12,290 Mn in 2022. It is projected to reach USD 16,309 Mn by 2030, exhibiting a
compound annual growth rate (CAGR) of 3.6% during the forecasted period of
2023-2030.
Disposable medical gloves are a crucial component of
personal protective equipment (PPE) used in various healthcare settings. These
gloves are designed to provide a barrier between the wearer's hands and
potential contaminants, protecting both the healthcare professional and the
patient from the transmission of harmful pathogens and substances.
Key Players Covered in Disposable Medical Gloves market
report are: Ansell, Ltd, Top Glove Corporation Bhd, Hartalega Holdings
Berhad, Unigloves limited, The Glove Company, Superior gloves, Adenna LLC, MCR
Safety, MAPA Professional and others
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Market Analysis
The disposable medical gloves market has experienced
significant growth in recent years and is expected to continue its upward
trajectory in the future. Disposable medical gloves are an essential component
of infection prevention and control measures in healthcare settings,
contributing to the safety of both patients and healthcare professionals. Moreover,
the ongoing COVID-19 pandemic has further accelerated the demand for disposable
medical gloves. The need for personal protective equipment (PPE) to prevent the
transmission of the virus has surged, resulting in a substantial increase in
glove consumption.
Impact of Recession
The impact of a recession on the disposable medical gloves
market can be significant and multifaceted. Economic downturns often prompt
industry consolidation, as smaller players may struggle to survive or merge
with larger entities. This consolidation can result in a more concentrated
market, with fewer manufacturers and suppliers. It may also lead to increased
competition among the remaining players, potentially influencing pricing and
market dynamics.
Segmentation Analysis
The dominance of natural rubber gloves and powdered gloves
in the disposable medical gloves market can be attributed to their unique
advantages and suitability for a wide range of applications. Natural rubber
gloves provide superior elasticity, barrier protection, cost-effectiveness, and
biodegradability, while powdered gloves offer easy donning and doffing,
moisture absorption, improved tactile sensitivity, and enhanced glove strength.
As the demand for disposable medical gloves continues to rise, these segments
are expected to maintain their dominance, catering to the evolving needs of
healthcare professionals and ensuring optimal hygiene standards across various
industries.
Disposable Medical Gloves Market Segmentation as Follows:
By Material
·
Natural rubber
·
Nitrile
·
Vinyl
·
Neoprene
·
Polyethylene
By Product
·
Powdered
·
Powder-free
By End use
·
Medical & Healthcare
·
Automotive
·
Oil & Gas
·
Others
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Regional Status & Analysis
North America's dominance in the disposable medical gloves
market can be attributed to various factors, including a robust healthcare
infrastructure, stringent safety regulations, increased awareness,
technological advancements, and growing manufacturing capacity. As the demand
for disposable medical gloves continues to rise, North American manufacturers
are well-positioned to meet these needs, ensuring the region's prominence in
the global market. The focus on quality, safety, and innovation, coupled with a
responsive healthcare industry, makes North America a key player in supplying
essential disposable medical gloves for infection prevention and control.
Conclusion
The future prospects of the market appear promising. Factors
such as increasing awareness of infection control, the impact of the COVID-19
pandemic, stringent regulations, product innovation, and regional growth
opportunities contribute to the positive outlook.
Frequently Asked Questions/ Key Reasons to Purchase this
Report
What is the projected outlook for disposable medical gloves
market growth?
·
The market is projected to reach a value of USD
16,309 million by the year 2030.
What are the major factors influencing the disposable
medical gloves market?
·
Stringent regulations and guidelines regarding
the use of gloves in healthcare settings have played a crucial role in shaping
the market.
Who are the leading players in the disposable medical gloves
market?
·
Ansell, Ltd, Unigloves limited, MCR Safety, The
Glove Company, Top Glove Corporation Bhd, Hartalega Holdings Berhad, Superior
gloves, Adenna LLC, MAPA Professional.
Table of Content
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing
Recession on Major Economies)
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Disposable Medical Gloves Market By Material
9. Disposable Medical Gloves Market By Product
10. Disposable Medical Gloves Market By End Use
11. Regional Analysis
12. Company Profile
13. Competitive Landscape
14. Use cases and Best Practices
15. Conclusion
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