The Medical Gloves Market, which was USD 16.9 billion in 2022, would rise to USD 36.82 billion by 2030 and is expected to undergo a CAGR of 10.20% during the forecast period 2023 to 2030. The report cites factors such as the growing demand for single-use gloves, increasing awareness about hand hygiene, and the need for safe and effective medical procedures as drivers of market growth.

Browse 215 market data Tables and 96 Figures spread through 312 Pages and in-depth TOC on "Medical Gloves Market Size, Share & Trends Estimation Report By Outlook, By Region, And Segment Forecasts, 2022 - 2030" View detailed Table of Content here-https://www.contrivedatuminsights.com/product-report/medical-gloves-market-248715/

The medical gloves market has seen significant growth in recent years, primarily driven by the increasing prevalence of infectious diseases and the growing demand for personal protective equipment (PPE) amid the COVID-19 pandemic. The market is also driven by the rising demand for disposable gloves in various industries such as food and beverage, pharmaceuticals, and others.

Market Dynamics

Increasing demand for personal protective equipment (PPE): The COVID-19 pandemic has led to a surge in demand for PPE, including disposable gloves, as healthcare workers need to protect themselves and their patients from infection.

Rising prevalence of infectious diseases: The increasing prevalence of infectious diseases such as HIV, hepatitis, and COVID-19 has led to a higher demand for medical gloves to prevent the transmission of these diseases.

Compliance with regulations: The production and distribution of medical gloves are subject to stringent regulations in different regions. Compliance with these regulations can be challenging, and non-compliance could lead to legal issues and financial penalties.

Quality control: The quality of medical gloves is critical for ensuring the safety of healthcare workers and patients. Ensuring consistent quality across batches and suppliers can be challenging.

Expansion into emerging markets: Emerging markets such as Asia-Pacific and Latin America have a growing demand for medical gloves due to their large population and increasing healthcare spending. Manufacturers can expand their presence in these markets to capture the growing demand.

Adoption of advanced manufacturing technologies: The adoption of advanced manufacturing technologies such as automation and robotics can improve production efficiency, reduce costs, and increase the consistency and quality of medical gloves.

Surgical gloves are sterile gloves designed for use in surgical procedures. They are made from materials such as latex, nitrile, and neoprene and provide protection against the transmission of infectious diseases and exposure to bodily fluids and chemicals.

Chemotherapy gloves are designed to provide protection against exposure to chemotherapy drugs during chemotherapy treatment. They are made from materials such as neoprene, nitrile, and latex and are thicker and more durable than standard gloves.

Ambulatory surgery centers are facilities that provide surgical procedures on an outpatient basis. The use of medical gloves is critical in these centers to prevent the transmission of infectious diseases and to protect healthcare workers and patients from exposure to bodily fluids and chemicals.

Long-term care facilities such as nursing homes and assisted living facilities are another significant end-user segment of the medical gloves market. The use of medical gloves is critical in these facilities to prevent the transmission of infectious diseases and to protect healthcare workers and residents from exposure to bodily fluids and chemicals.

The other end-user segment includes individual healthcare practitioners such as dentists, veterinary practitioners, and laboratory technicians who use medical gloves in their daily practice to prevent the transmission of infectious diseases and to protect themselves and their patients from exposure to bodily fluids and chemicals.

Regional Analysis

The Latin American market is expected to grow at a significant rate due to the increasing demand for medical gloves in healthcare facilities and the growing focus on safety and hygiene in the region.

The Middle East and Africa market for medical gloves is growing due to the increasing healthcare spending, growing healthcare infrastructure, and the presence of major manufacturers in the region.

Competitive Analysis

Key players in the global medical gloves market include top brands such as Ansell Healthcare, Hartalega Holdings Berhad, Cardinal Health, Inc., Kossan Rubber Industries Bhd, and others. These companies are focusing on research and development to introduce new and innovative products, expand their product portfolio, and cater to the growing demand for medical gloves.

In January 2021, Top Glove Corporation Bhd acquired the surgical glove business of Adventa Capital Pte Ltd for approximately $1 billion. The acquisition will enable Top Glove to expand its product portfolio and strengthen its position in the medical gloves market.

In September 2020, Ansell Limited announced the acquisition of Primus Gloves Pvt Ltd, a leading manufacturer of industrial gloves in India. The acquisition will enable Ansell to expand its product portfolio and strengthen its position in the Indian market.

In June 2020, Cardinal Health, Inc. announced an investment of $160 million to expand its production capacity for medical gloves in Thailand. The investment will enable Cardinal Health to meet the increasing demand for medical gloves in the global market.

In May 2020, Hartalega Holdings Berhad announced plans to invest $1 billion to build a new manufacturing facility for nitrile gloves in Malaysia. The new facility will enable Hartalega to increase its production capacity and meet the growing demand for medical gloves in the global market.

In April 2020, Kossan Rubber Industries Bhd announced an investment of $95 million to expand its production capacity for medical gloves in Malaysia. The investment will enable Kossan Rubber Industries to meet the increasing demand for medical gloves in the global market.

Segmentation Analysis of The Global CRM Market 2022-2030

The report forecasts revenue growth at global, regional, and country matrics and analyzes the latest industry trends in each of the sub-segments ranging from 2016-2030. For this, CDI has segmented the global CRM market report based on capacity, vehicle, application, and propulsion type along with regional analysis. 

Product Type Outlook (Revenue, USD Million, 2016 - 2030)

• Examination 
• Surgical 
• Chemotherapy 

End User Outlook (Revenue, USD Million, 2016 - 2030)

• Hospital, Clinics
• Ambulatory Surgery Center
• Diagnostics Centers
• Rehabilitation Centres
• Others

Regional Outlook (Revenue, USD Million, 2022 - 2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America