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Medical Gloves Market 2020 growth factors, latest trend and regional analysis of leading players by 2026

Author : Ronak Bora | Published Date : 2020-09-04 

Medical Gloves Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Globally, the medical gloves market forecast is expected to be driven by regulatory mandates for hygienic practices to prevent any cross-contamination between the healthcare personnel and patients. Increase in number of contagious diseases is another key factor fueling the adoption of medical gloves. Rapid growth in the number of surgeries will be a major factor in enhancing the product manufacturing efforts.

Major surgeries such as cardiac operations, transplant procedures and reconstructive surgeries, that are critical and can lead to spread of infections in case of negligence, are witnessing a gradual increase. Surgical gloves play a vital role in prevention of infection transmission. According to World Health Organization, over 234 million major surgical procedures are undertaken annually across the globe.

Rising number of surgical procedures in healthcare facilities will in turn trigger the demand for medical clothing and equipment. Moreover, growing awareness regarding hygiene and safety practices will further contribute towards the product sales in the coming years. Medical gloves market size is forecast to surpass USD 13.5 billion I value by 2026, worldwide.

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The rapid rise in the number of contagious diseases is expected to assert a significant influence on medical gloves market dynamics. For example, in 2017, National Centre for Health Statistics reports revealed that the amount of tuberculosis cases in the US was recorded at 9,105.

Contagious diseases are diagnosed though a number of medical tests and examinations, which could trigger medical gloves industry demand, in order to avoid cross-contamination between caregivers and patients.

Moreover, an upsurge in the number of medical visits by patients with infectious diseases, coupled with improvements in healthcare facilities across developing economies will boost market expansion. A rapid increase in the number of hospitals and facilities will also propel medical gloves market share. To illustrate, a study by the Netherlands Enterprise Agency revealed that there are over 7,800 hospitals across Brazil.

Based on product, global medical gloves market is categorized into vinyl gloves, latex gloves, nitrile gloves, neoprene gloves and others. Of these, the nitrile gloves segment is poised to register a CAGR of 17.8% through 2026, owing to the beneficial characteristics of the products. These include high strength and enhanced protection against pathogens transmitted through blood, among others. Demand for medical quality gloves from nitrile gloves segment is also boosted considerably due to the cost-effectiveness and easy availability of the products.

Medical gloves market size from the e-commerce segment depicted significant growth at a rate of 11.6% through 2026. This is largely ascribed to the rising numbers of internet users, alongside myriad benefits offered by e-commerce distribution channels over conventional channels such as home delivery and discounts for bulk orders. With respect to distribution channels, medical gloves industry is segmented into e-commerce and brick & mortar segments.

Burgeoning demand for quality healthcare in Malaysia, supported by rising healthcare expenditures and robust presence of major market players is projected to stimulate industry development. In fact, Malaysia medical gloves market is anticipated to exhibit a commendable growth rate at nearly 16.6% CAGR through 2026.

Higher consumption of surgical gloves from the public hospitals in Malaysia is also likely to bolster medical gloves industry trends in the region. Top Glove, a prominent industry player also has a manufacturing unit location in the region.  

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/medical-gloves-market

Partial Chapter of the Table of Content 

Chapter 4.  Medical Gloves Market, By Product

4.1. Key segment trends

4.2. Latex Gloves

4.2.1.  Market size, by region, 2015 – 2026 (USD Million)

4.2.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.3. Nitrile Gloves

4.3.1.  Market size, by region, 2015 – 2026 (USD Million)

4.3.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.4. Vinyl Gloves

4.4.1.  Market size, by region, 2015 – 2026 (USD Million)

4.4.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.5. Neoprene Gloves

4.5.1.  Market size, by region, 2015 – 2026 (USD Million)

4.5.2.  Market size, by region, 2015 – 2026 (‘000 Units)

4.6. Others

4.6.1.  Market size, by region, 2015 – 2026 (USD Million)

4.6.2.  Market size, by region, 2015 – 2026 (‘000 Units)

Chapter 5.  Medical Gloves Market, By Form

5.1. Key segment trends

5.2. Powder-free Gloves

5.2.1.  Market size, by region, 2015 – 2026 (USD Million)

5.2.2.  Market size, by region, 2015 – 2026 (‘000 Units)

5.3. Powdered Gloves

5.3.1.  Market size, by region, 2015 – 2026 (USD Million)

5.3.2.  Market size, by region, 2015 – 2026 (‘000 Units)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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