Medical Gloves Market Share

 

Medical gloves are personal protective equipment used during patient examinations and medical operations to stop the spread of contamination and illness. These gloves serve as a barrier, offering defense against all bacterial and fungal infections and protection from dangerous chemicals. Many developing countries are improving their healthcare systems, so people are becoming more aware of medical services. As a result, there have been more surgeries and hospital stays. In this regard, a pillar to avoid skin contact is the widespread use of personnel protective gear, particularly protective medical gloves. The high prices charged by several market participants for identical quality gloves have decreased their market value among consumers and slowed their pace of adoption, particularly in developing economies.

 

Disposable gloves are used to protect healthcare workers from communicable diseases. During procedures, there is a chance that patients, medical personnel, and surgeons will all become infected. Medical gloves by physicians and other healthcare practitioners help prevent cross-contamination. Both direct and indirect sales channels, including retailers and distributors, online shopping, and social media marketing, are used to advertise disposable medical gloves. Several healthcare organizations prioritized changing hospital SOPs and advocated using PPE, such as medical gloves, for surgical and non-surgical purposes. The need for medical gloves will increase due to the rising occurrence of hospital-acquired illnesses and cross contaminations due to unclean environments, particularly in emerging economies. Within 48 hours of a patient's admission, bacterial and viral infections might manifest without any symptoms.

 

To stop the spread of dangerous contagions and bacterial sepsis, medical gloves are strongly advised. Manufacturers distribute their goods through multi-brand merchants, exclusive distributors, and independent distributors. The COVID-19 outbreak increased the need for medical gloves in several healthcare operations. This led to several market participants adopting aggressive pricing methods for customer acquisition. The demand for products used in surgical applications is anticipated to increase due to the rising frequency of chronic diseases, including cancer and heart disease, which commonly require medical operations and procedures for treatment. Examining gloves are not as high-quality as surgical gloves, frequently worn by surgeons and operating room (OR) nurses.

 

The initial stage of Ansell Limited's commissioning of its packaging and irradiation operations is anticipated to propel the Indian surgical glove market, advance sustainable manufacturing, and advance the "Made in India" effort. As reported by the data and analytics firm, the packaging and irradiation activities at the company's new manufacturing plant in Kovai, India, just completed the first phase of commissioning

Medical Gloves Market Trends

Drivers

A rise in the occurrence of chronic conditions, increasing safety risks and hygiene, stringent guidelines regarding the use of protective equipment, and an increase in the number of health facilities in developing nations are some of the key factors fueling the expansion of the medical gloves market growth in recent years.

Opportunities

The non-powdered glove market is predicted to increase at a higher pace than the powdered glove industry, owing to the fact that it is used in surgery, but powdered gloves slow down the recovery process. In addition, the medical and health care industries are expanding at a rapid pace, which is fueling the expansion of the disposable gloves business, which is a need in this sector due to the fact that disposable gloves are an essential product.

Restraints

Although this industry is growing, it is being held back by increased price rivalry among producers, unpleasant responses to specific gloves, and the ecological effects of natural rubber manufacturing and disposal.

Challenges

However, the costs of raw materials are constantly shifting, and currency changes add to the difficulties of operating in this market.

Cumulative Growth Analysis

Furthermore, the Food and Drug Administration of the United States has decided to restrict powdery gloves due to a significant danger of disease or infection to users. This may reduce consumption. Medical gloves are tightly supervised by the Food and Drug Administration of the United States and are categorized as Class I restricted medical equipment. As a result, a 510(k) premarket notice is required for these gloves before they may be sold commercially. The FDA supervises this equipment to ensure that they retain the basic requirements, such as tear protection, leakage resistance, and biocompatibility, that are required.

Value Chain Analysis

According to the reports, the global medical gloves market is segmented on the basis of product type, usage, form, raw material, end-users, and regions. Non-invasive physical examinations are used in clinics and nursing centers to assist non-invasive physical examinations, therefore reducing the risk of cross-contamination amongst patients and caregivers. They are excellent for usage in filthy environments since they can be thrown off after each use. This is the category with the quickest growth. Disposable gloves are intended for one-time usage only. Due to the thinner nature of disposable gloves, they allow for increased responsiveness. These may provide protection against minor irritants and toxins. This category accounts for the majority of the medical gloves market's outlook and is the fastest-growing sector.

Nitrile is a synthetic rubber latex made from the copolymer Acrylonitrile Butadiene. These are long-lasting and provide excellent traction in a variety of conditions, including wet, dry, and greasy. During the projected period, nitrile gloves are predicted to be the fastest-growing sector in the industry. There are many significant segments in the medical gloves industry. For example, the quantity of disposable gloves necessary for halting infection in clinics and hospitals includes latex and nitrile gloves, as well as vinyl gloves and vinyl gloves. This is the category with the quickest and most significant growth.

Medical Gloves Market Segmenta Insights

The market is segmented based on product type, usage, form, raw material, end-users, and regions. The global medical gloves market trends are expected to witness decent growth during the forecast period.

Medical Gloves Application Insights

Based on the Application, the market is segmented into Nitrile rubber, Vinyl rubber, Neoprene, and Polyethylene.

Medical Gloves end-users Insights

Based on the propulsion types, the market is segmented into Hospitals and Clinics, Ambulatory surgery centers, Diagnostic Centers, and Rehabilitation centers.

News:Sri Lankan conglomerate Hayleys will use graphene nanotubes to disperse electrostatic charges in gloves. The Sri Lankan company Hayleys plc has obtained a license from OCSiAl to use their Tuball graphene nanotube technologies to manufacture latex gloves. At its factory in Kaluthara, Sri Lanka, Hayleys Aventura has set up a production line to create latex dispersions containing the nanomaterial, according to an announcement from OCSiAl. Gloves created from latex are compliant with electrostatic discharge (ESD) regulations and are marketed for markets in South Asia and Europe.

Medical Gloves Regional Insights

According to the reports, the global market of medical gloves is divided into America, Europe, Asia Pacific, Middle East and Africa. The Americas are claimed to be the world's biggest market for medical gloves in the business. The usage of medical gloves to prevent cross-contamination and transmission has become more critical since the number of COVID 19 patients has increased to more than 13,000 and is expected to continue to rise. The medical gloves market share in Europe is the 2nd largest market in the world, behind the United States. Increasing demand for medical gloves, the implementation of rigorous regulations aimed at preventing cross-contamination in hospitals, and increased supply will all contribute to significant development in the medical gloves market throughout the projection timeframe.

Asia-Pacific is widely recognized as the region with the fastest-growing business in the medical gloves sector. The expansion of the healthcare industry is a boon to economic development. With an expansion in the utilization of surgical procedures, it is projected that the desire would grow. In addition, higher security issues and cleanliness difficulties resulting from worldwide outbreaks, changes in safety regulations in healthcare facilities, and growing use of bio-safety gear are all driving the medical gloves market value in the Middle East and African countries.

Competitive Outlook

The most notable leaders prioritize close collaboration, acquisitions, and partnerships in order to develop their businesses and introduce new goods in order to increase their profit share. Additionally, these industry leaders are engaging in research and innovation operations that will allow them to generate the tremendous amount of income possible.

Medical Gloves Market Key Players

• Glove Corporation Berhad


• Rubberex Corp. M Bhd


• BraunMelsungen AG


• Semperit AG Holding


• Mckesson Corporation


• Cardinal Health, Inc.


• Medline Industries, Inc.


• Dynarex Corporation


• Ansell Limited


• Cypress Medical Products LLC


• Microflex Corporation

Report Overview

The following report comprises of –

• Market overview 


• Covid 19 Analysis


• Market Dynamic


• Drivers


• Opportunities


• Restraints 


• Challenges


• Cumulative Growth Analysis


• Value Chain Analysis


• Segmentation Overview 


• By Application 


• By End-Users


• Regional Analysis


• Competitive landscape

Recent Developments

• In August 2019, Top Glove Corporation Bhd established a partnership with Malaysia's University Teknologi to conduct out research on gloves. Through this strategic partnership, the firm was able to speed up its R&D efforts and create new goods.


• BioGreen Biodegradable Nitrile Gloves were introduced in June 2019 by Top Glove Corporation Bhd. The industry's BioGreen disposable nitrile gloves are designed to biodegrade in the presence of anaerobic conditions, making them ecologically friendly. The firm gained a competitive advantage as a result of its release.

Medical Gloves Market Segmentation

Medical Gloves Product Type Outlook

• Examination


• Surgical


• Chemotherapy

Medical Gloves Form Type Outlook

• Powdered Form


• Powdered-free Form

Medical Gloves Material Type Outlook

• Latex


• Nitrile Rubber


• Vinyl Rubber


• Polyisoprene

Medical Gloves Usage Type Outlook

• Disposable


• Reusable

Medical Gloves Distribution Channel Outlook

• Direct Selling


• Medical Store


• Online


• Others (if any)

Medical Gloves End User Outlook

• Hospitals


• Clinics


• Ambulatory Surgery Centers


• Diagnostic Centers


• Rehabilitation Centers


• Others (if any)

Geography

• North America




• US


• Canada




• Europe




• Germany


• France


• UK


• Italy


• Spain


• Rest of Europe (RoE)




• Asia




• China


• Japan


• India


• Rest of Asia (RoA)




• Rest of the World (RoW)