Medical Gloves Market to Grow at CAGR of 6% by 2032

Market Overview:

As per this new industry analysis by Persistence Market Research, the global Medical Gloves Market was valued at US$ 9.08 billion in 2021 and is projected to exhibit a CAGR of 6% between 2022 and 2032. This Medical Gloves Market is expected to reach US$ 17.6 billion by the end of 2032.Due to the rising demand for personal protective equipment in the healthcare industry for patient safety, such as disposable gloves and masks, the market for medical gloves is expanding at a fast pace. The current pandemic also increased awareness among people about hygiene, which boosted the use of gloves by both the public as well as healthcare professionals.

Market Growth Factors:

• Pandemic-Driven Demand: The COVID-19 pandemic has exponentially increased the demand for medical gloves as healthcare institutions ramped up efforts to protect frontline workers and prevent the spread of the virus. This unprecedented demand surge has led to shortages and supply chain challenges, prompting manufacturers to expand production capacities to meet the growing needs.
• Stringent Regulatory Standards: Regulatory bodies across the globe have imposed stringent standards and guidelines for healthcare safety, mandating the use of medical gloves in various healthcare settings. Compliance with these regulations is driving the adoption of medical gloves, especially those meeting specific quality and performance criteria, thereby fostering market growth.

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• Advancements in Material Technology: Innovations in glove manufacturing technology and materials have led to the development of high-performance gloves with enhanced durability, flexibility, and tactile sensitivity. The introduction of synthetic materials such as nitrile and polyisoprene has addressed concerns related to latex allergies while offering superior protection and comfort, further driving market expansion.
• Growing Awareness of Infection Control: Increasing awareness among healthcare professionals and the general population regarding the importance of infection control measures has bolstered the demand for medical gloves. Gloves are recognized as crucial components in infection prevention protocols, contributing to the overall reduction of healthcare-associated infections (HAIs) and promoting patient and healthcare worker safety.
• Expanding Healthcare Infrastructure: The continual expansion of healthcare infrastructure, particularly in emerging economies, coupled with rising healthcare expenditure, is augmenting the demand for medical gloves. The establishment of new healthcare facilities, along with the modernization of existing ones, is driving the procurement of medical gloves to ensure adequate protection for healthcare personnel and patients alike.

Market Applications:

1. Healthcare and Hospitals:
   • Medical gloves are extensively used in hospitals, clinics, and other healthcare settings by doctors, nurses, and other healthcare professionals during patient examinations, surgeries, and various medical procedures to prevent cross-contamination.
2. Surgical Procedures:
   • Surgeons and operating room staff use sterile surgical gloves to maintain aseptic conditions during surgical procedures, reducing the risk of infections for both healthcare workers and patients.
3. Dental Care:
   • Dentists and dental hygienists wear gloves during dental examinations, cleanings, and dental procedures to protect against exposure to blood and saliva, reducing the risk of infections.
4. Laboratories:
   • Medical gloves are essential in laboratories where researchers and laboratory technicians handle chemicals, biological samples, and other potentially hazardous materials. They provide protection against chemical exposure and contamination.
5. Pharmaceutical Industry:
   • Workers in pharmaceutical manufacturing facilities use medical gloves to prevent contamination during the production and handling of medications.
6. Veterinary Care:
   • Veterinarians and veterinary technicians use gloves during animal examinations, surgeries, and other procedures to protect against biological and chemical hazards.
7. Food Handling and Processing:
   • In the food industry, particularly in food handling and processing, disposable gloves are used to maintain hygiene standards, prevent contamination, and protect food from potential contamination by hands.
8. Emergency Medical Services (EMS):
   • Emergency medical responders and paramedics use medical gloves when providing pre-hospital care to patients, reducing the risk of exposure to bodily fluids and pathogens.
9. Home Healthcare:
   • Medical gloves are used in home healthcare settings when providing care to individuals with medical needs, ensuring a barrier against potential contaminants.
10. Beauty and Cosmetics Industry:
    • In the beauty and cosmetics industry, disposable gloves are used during various cosmetic procedures, such as hair dyeing, nail treatments, and other beauty services, to protect both clients and service providers.
11. Cleanrooms and Controlled Environments:
    • Industries with cleanroom environments, such as electronics manufacturing and semiconductor production, use gloves to prevent the introduction of contaminants during the handling of sensitive materials.
12. Autopsy and Mortuary Services:
    • Medical gloves are used in autopsy and mortuary services to protect personnel from exposure to bodily fluids and infectious materials.
13. Cleaning and Janitorial Services:
    • Gloves are used in cleaning and janitorial services to protect hands from exposure to cleaning chemicals and potential contaminants.

Market Competition

Key Companies-

• Top Glove Corporation Bhd
• Ansell
• Hartalega Holdings Berhad
• Supermax Corporation Berhad
• Kossan Rubber Industries Bhd
• Semperit AG Holding
• Rubberex Corporation (M) Bhd
• Comfort Rubber Gloves Industries Sdn Bhd
• Cardinal Health, Inc.
• B. Braun Melsungen AG
• Riverstone Holdings Limited
• Brightway Holdings Sdn. Bhd
• Dynarex Corporation
• WRP Asia Pacific Sdn Bhd
• Alliance Rubber Products Sdn Bhd
• Qube Medical Products Sdn Bhd
• Healthy Glove Co., Ltd
• Sri Trang Agro-Industry Plc.
• Medisafe Technologies
• Delta Gloves

While manufacturers are operating at full capacity, demand has outstripped supply since the emergence of COVID-19 in 2020. A substantial array of end users, particularly healthcare providers and other industrial users, have been affected by this gap.

The market is fragmented and there exists a number of local, emerging, as well as established players. Key players have initiated promotional activities to introduce the design and engineering of novel glove materials with enhanced efficacy for disintegration after disposal.

• In April 2022, Showa Medical received approval from US FDA for its biodegradable gloves.
• In May 2020, Healthium MedTech launched antimicrobial gloves called Trushield. These gloves provide 99.99% protection to healthcare professionals from germs.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the medical gloves market in its latest study, presenting a historical demand assessment of 2017 to 2021 and projections for 2022 to 2032.

Market Segmentation:

By Product:

• Reusable Gloves
  • Fabric Supported Gloves
    • Natural Rubber (NR)
    • Nitrile Rubber (NBR)
    • Polyvinyl Chloride (PVC)
    • Polyurethane (PU)
  • Industrial & Household Gloves
    • Natural Rubber (NR)
      • Powdered Gloves
      • Non-powdered Gloves
    • Nitrile Rubber (NBR)
    • Neoprene
    • Polyvinyl Chloride (PVC)
• Disposable Examination Gloves
  • Natural Rubber (NR)
    • Powdered Gloves
    • Non-powdered Gloves
  • Nitride Rubber (NBR)
  • Polyvinyl Chloride (PVC)
• Surgical Gloves
  • Natural Rubber (NR)
    • Powdered Gloves
    • Non-powdered Gloves
  • Synthetic
  • Chloroprene
  • Isoprene
• Disposable Industrial Gloves

By End User:

• Medical Sector
  • Acute Care
  • Laboratory Services
  • Research Services
• Non-Medical Sector
  • Food Processing
  • Commercial Manufacturing
  • Cleanroom Application
  • Household Application

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)

About Persistence Market Research:

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.

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COMTEX_448409241/2840/2024-02-27T00:50:28