HomePress-release

Redding, California - June 12, 2024

Medical Gloves Market to be Worth $24.21 Billion by 2031

Medical Gloves Market Size, Share, Forecast, & Trends Analysis by Product (Examination, Surgical, Chemo) Material (Natural, Nitrile, Vinyl, Neoprene), Sterility, Distribution (Retail, E-commerce), Form, Cuff Type, Size, End User – Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Medical Gloves Market Size, Share, Forecast, & Trends Analysis by Product (Examination, Surgical, Chemo) Material (Natural, Nitrile, Vinyl, Neoprene) Sterility, Distribution (Retail, E-commerce), Form, Cuff Type, Size, End User – Global Forecast to 2031.’

According to this latest publication from Meticulous Research^®, the Medical Gloves Market is projected to reach $24.21 billion by 2031, at a CAGR of 7% during the forecast period. The growth of this market can be attributed to several factors, including the high burden of chronic diseases leading to an increase in the number of surgeries, the increasing prevalence of infectious diseases, the rise in the number of medical facilities, and increasing healthcare expenditures. Furthermore, stringent regulatory requirements and rising environmental concerns about disposable medical gloves are restraining the market growth.

Technological advancements in material science and manufacturing technologies and growing medical tourism in emerging economies are expected to offer growth opportunities for the players operating in this market. Moreover, the risk of surgical site infections due to glove powder and allergic reactions due to some gloves' materials are challenges to the market’s growth. Also, the growing adoption of biogel gloves and partnerships & collaborations between companies are a growing trend in the medical gloves market.

Key Players

The key players operating in the medical gloves market are McKesson Corporation (U.S.), Cardinal Health (U.S.), Medline Industries, Inc. (U.S.), Top Glove Corporation Bhd (Malaysia), Ansell Ltd (Australia), Mölnlycke Health Care AB (Sweden), Dynarex Corporation (U.S.), Honeywell International Inc. (U.S.), Hartalega NGC Sdn Bhd (Malaysia), AMMEX Corporation (U.S.), MRK Healthcare Pvt. Ltd (India), INTCO MEDICAL TECHNOLOGY CO., LTD. (China), Rubberex Corporation (M) Berhad (Malaysia), A.R. Medicom, Inc. (Canada), and SHIELD Scientific B.V. (Netherlands).

Medical Gloves Market: Future Outlook

The medical gloves market is segmented based on Product (Examination Gloves, Surgical Gloves, Chemotherapy Gloves, Other Medical Gloves), Material (Natural Material, Synthetics Material [Nitrile, Vinyl, Neoprene, Polyethylene, Other Synthetic Materials]), Form (Powdered Gloves, Powder-free Gloves), Usage (Disposable Gloves, Reusable Gloves), Sterility (Sterile Gloves, Non-sterile Gloves), Cuff Type (Beaded, Beadless/Non-beaded), Size (Small, Medium, Large), Distribution Channel (Direct Channel, Retail Channel, Online/E-commerce Platforms), End User (Hospitals & Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Nursing Centers, Dental Clinics, Other End Users), and Geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on product, the medical gloves market is segmented into examination gloves, surgical gloves, chemotherapy gloves, and other medical gloves. In 2024, the examination gloves segment is expected to account for the largest share of the medical gloves market. The large market share can be attributed to the increasing cases of healthcare-associated infections coupled with various strategies aimed at controlling HAIs, the increasing number of visits to hospitals and clinics, and the expansion of medical facilities globally.

Based on material, the medical gloves market is segmented into natural material and synthetic material. In 2024, the synthetic material segment is expected to account for the larger share of 62.7% of the medical gloves market. The large market share can be attributed to the benefits offered by medical nitrile gloves, such as cost-effectiveness, excellent protection against germs and viruses, chemical resistance, and wide availability. Additionally, regulatory guidelines suggesting the use of synthetic gloves to avoid the risks of developing latex allergies also drive the demand for synthetic gloves.

Based on sterility, the medical gloves market is segmented into sterile gloves and non–sterile gloves. In 2024, the sterile gloves segment is expected to account for the larger share. The large market share of this segment can be attributed to the increasing number of surgeries, the need to maintain the protection of the patients and healthcare professionals from potential cross-contamination and to maintain compliance with standards and regulations. Many regulatory guidelines regulate the use of sterile gloves to ensure patient safety and infection control.

Based on usage, the medical gloves market is segmented into disposable gloves and reusable gloves. In 2024, the disposable gloves segment is expected to account for the larger share of the medical gloves market. The large market share of this segment can be attributed to the rising concern for precautions for health and safety linked with medical care for patients and emergency response occurrences, in addition to concerns regarding on-the-job transmission of microorganisms and bloodborne diseases.

Based on end user, the medical gloves market is segmented into hospitals & clinics, ambulatory surgical centers, diagnostic centers, nursing centers, dental clinics, and other end users. In 2024, the hospitals & clinics segment is expected to account for the largest share of 39.0% of the medical gloves market. Hospitals and clinics are the primary healthcare settings patients visit for medical counseling. Medical gloves are highly essential for in-patient examinations to eliminate the chances of cross-contamination. Thus, a large number of patient visits to hospitals and clinics coupled with expansions of medical facilities are driving the segment’s largest share.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and the Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa). Asia-Pacific is slated to register the fastest growth over the forecast period. The key factors attributing to the market growth are rising healthcare expenditure, expansion of medical facilities, and government policies aimed at strengthening the healthcare setting. Furthermore, the growth in medical tourism in the countries like India also supports the growing adoption of medical gloves.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5911

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of product, material, form, usage, sterility, cuff type, size, distribution channel, end user, and region/country?
What was the historical market size for medical glove products across the globe?
What are the market forecasts and estimates for 2024–2031?
What are the major drivers, restraints, opportunities, and challenges in the global medical gloves market?
Who are the major players operating in the global medical gloves market?
What is the competitive landscape like, and who are the market leaders in the global medical gloves market?
What are the recent developments in the medical gloves market?
What are the various strategies adopted by major players in the medical gloves market?
What are the geographical trends and high-growth regions/countries?

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

3D Printing

5G Technology

Advanced Chemical & Materials

Agrochemicals

Algae Products

Alternative Proteins

Animal Health

Artificial Intelligence

Automotive Technologies

Big Data Analytics

Climate Technologies

Edible Insects

Electric Vehicle

Food & Agriculture Technologies

Hydrogen Technologies

Internet Of Things

In Vitro Diagnostics

Laboratory Instrumentation

Language Learning Technologies

Medical Technologies

Next Generation Technologies

Processing & Packaging Technologies

Robotics & Automation

Smart Technologies

Water & Wastewater Technologies

Miscellaneous / Others

Redding, California - June 12, 2024

Medical Gloves Market to be Worth $24.21 Billion by 2031

Medical Gloves Market Size, Share, Forecast, & Trends Analysis by Product (Examination, Surgical, Chemo) Material (Natural, Nitrile, Vinyl, Neoprene), Sterility, Distribution (Retail, E-commerce), Form, Cuff Type, Size, End User – Global Forecast to 2031

Recommended Readings

Advanced Chemical &
Materials

Food & Agriculture
Technologies

Next Generation
Technologies

Processing & Packaging
Technologies

Water & Wastewater
Technologies