Disposable Medical Exam Gloves Market to Reach $12.8 Billion, Globally, by 2033 at 4.7% CAGR: Allied Market Research
Disposable Medical Exam Gloves Market Growth
Allied Market Research published a report, titled, "Disposable Medical Exam Gloves Market by Type (Natural Rubber, Nitrile, Vinyl and Others), and Form (Powdered and Non-powdered): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the disposable medical exam gloves market was valued at $8.1 billion in 2023, and is estimated to reach $12.8 billion by 2033, growing at a CAGR of 4.7% from 2024 to 2033.
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/154
Prime determinants of growth
Increase in concerns for safety and hygiene, increase in awareness regarding hygiene among food industry and healthcare service providers, and innovations in glove materials and manufacturing processes are the major factors that drive the growth of the disposable medical exam gloves market growth. However, the high price competition and toxic reaction to certain gloves restricts the market growth. Moreover, growth opportunities in emerging markets offer remunerative opportunities for the expansion of the global disposable medical exam gloves market.
Report coverage & details
Report Coverage
Details
Forecast Period
2024โ2033
Base Year
2023
Market Size in 2023
$8.1 billion
Market Size in 2033
$12.8 billion
CAGR
4.7%
No. of Pages in Report
230
Segments Covered
Type, Form, and Region.
Drivers
Increase in concerns for safety and hygiene
Increase in awareness regarding hygiene among food industry and healthcare service providers
Innovations in glove materials and manufacturing processes
Opportunity
Growth opportunities in emerging markets
Restraints
High price competition
Toxic reaction to certain gloves
Segment Highlights
Rise in adoption of nitrile gloves in medical examination
By type, the nitrile gloves segment plays a significant role. This is attributed to their superior puncture resistance and chemical protection compared to latex gloves, making them ideal for various industries. Nitrile gloves are also hypoallergenic, addressing latex allergy concerns and expanding their usage. Their versatility and durability contribute to their widespread adoption in medical and industrial applications.
Rise in adoption of non-powdered disposable exam gloves
By form, the non-powdered segment held a substantial portion of the disposable medical exam gloves market share, primarily driven by their suitability for sensitive applications and reduced risk of allergic reactions. Non-powdered gloves eliminate the issues associated with powder residues, such as contamination and respiratory irritation. Increased regulatory restrictions on powdered gloves further contribute to their popularity.
Regional Outlook
North America is poised to maintain its leadership in the disposable medical exam gloves market owing to robust healthcare infrastructure and increasing demand for medical and surgical procedures which drive significant glove consumption. In addition, strong presence of key market players and continuous product innovation also contribute to market dominance. Furthermore, surge in awareness of infection control and the widespread adoption of personal protective equipment (PPE) across various industries bolster demand.
Players
Adventa Healthcare Sdn. Bhd.
ANSELL LTD
Cardinal Health
Dynarex Corporation
Kossan Rubber Industries Bhd
Semperit AG Holding
Sri Trang Agro-Industry Plc.
INTCO MEDICAL
McKesson Medical-Surgical Inc.
Bluesail Medical Co., Ltd.
The report provides a detailed analysis of these key players in the global disposable medical exam gloves market. These players have adopted different strategies such as agreement, expansion, product launch, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Recent Developments in Disposable Medical Exam Gloves Industry
In July 2021, Sri Trang Gloves (Thailand) Public Company Limited (STGT) expanded production of rubber gloves continuously, and announced the launch of a new manufacturing facility in Surat Thani 3 factory.
In June 2021, Sri Trang Gloves (Thailand) Public Company Limited (โSri Trang Glovesโ), announced that it will be expanding their glove manufacturing in the U.S. The projected 100-plus acre property would feature a nitrile glove production facility, distribution center and warehouse, and administrative building for Sri Trang Gloves. Sri Trang Gloves' current operation in Tampa, Florida โ Sri Trang USA, Inc. โ will benefit from the new facility, as will its east coast distribution facilities.
In August 2021, Sri Trang Gloves (Thailand) Public Company Limited (STGT) announced the launch of a new manufacturing facility in Sadao District, Songkhla.
In August 2021, Sri Trang Gloves (Thailand) Public Company Limited (STGT) announced the establishment of a company Sri Trang Gloves (Singapore) Co., Ltd. or STGS to take care of the distribution of rubber gloves and manages research and development to increase competitiveness in both production and development of new product innovations.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/154
David Correa
Allied Market Research
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