Disposable Medical Gloves Market

Market Definition:

The global Disposable Medical Gloves Market size was valued at USD 10.78 billion in 2021 and is predicted to reach USD 18.35 billion by 2030 with a CAGR of 6.1% from 2022-2030. Disposable medical gloves are medical equipment that should be disposed preferably after just one use during medical examinations and procedures such as diagnosis, surgeries, and chemotherapy. They act as a protection utility to avoid cross-contamination & infections.

The gloves offer durability to carry out all the required actions to meet higher safety standards. Medical gloves are flexible, easy to wear, and possess excellent properties for working with water-based or biological materials. Eventually numerous variants of gloves have been developed, which offer different benefits such as puncture-resistant, durability, longer shelf-life, and frictionless.

Market Dynamics and Trends

The demand for the disposable medical gloves market is increasing due to rise in safety and hygiene concerns and the expansion of applications in multiple end-users. In addition, growth in infectious diseases such as flu and viral infections that require special safety protocols for COVID-19 and H1N1 surge the market growth. Moreover, resurgence of the COVID-19 pandemic in nations increased number of hospital visits and patient re-admissions boost the product demand.

However, toxic and chemical reactions caused by these gloves due to presence of latex and lubricating powder restrain the growth to some extent. Furthermore, owing to complex manufacturing and high raw material costs, production of these products is particularly capital-intensive. On the contrary, advent of innovative antimicrobial and biodegradable gloves that provide puncture and chemical resistance is expected to create ample growth opportunities for the market in the coming years.

Market Segmentations and Scope of the Study

The disposable medical gloves market share is segmented on the basis of material, category, sterility, application, end-users, distribution channel, and geography. On the basis of material, the market is segmented into natural rubber, nitrile, latex, neoprene, synthetic, and others. Based on category, it is bifurcated into powdered and powder-free. By sterility, it is classified into sterile and non-sterile gloves.

By application, the market is analyzed by examination and surgical gloves. By end-users, segments include hospitals, clinics, ambulatory surgical centers, diagnostic labs & centers, and others. On the basis of distribution channel, the market is segmented into medical stores, e-commerce and others. The geography breakdown and analysis of each of the aforesaid segments include regions North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America dominates the disposable medical gloves market with the U.S. accounted a major market share. This is due to the high incidences of surgical interventions and prevalence of chronic diseases including cancer and heart disease along with the continuous rise in a geriatric population. Furthermore, owing to initiatives undertaken by government bodies boost market growth. For instance, in May 2021, the U.S. Department of Defense collaborated with the Department of Health and Human Service and awarded a $37.6 million contract to Showa Best Glove to increase the manufacturing of nitrile gloves.

On the other hand, Asia-Pacific disposable medical gloves market is poised to grow at the highest CAGR due to rapid growth in healthcare infrastructure along with an inclination towards home care services. In addition, a rise in the focus of local & prominent players operating in this region and innovative strategies undertaken by them boost the market growth in this region. For instance, China-based Blue Sail Group received large orders of 20 billion gloves annually, as reported in July 2021.

Competitive Landscape

Prominent players operating in the disposable medical gloves industry include Top Glove Corporation Bhd, ANSELL LTD., Cardinal Health, Inc., Hartalega Holdings Berhad, B. Braun Melsungen AG, Semperit AG Holding, McKesson Corporation, Dynarex Corporation, Medline Industries, Inc. and Kimberly-Clark Corporation. These market players adopt joint venture & acquisition strategies and undergo business expansion across various regions to maintain their dominance. For instance, in January 2021, ANSELL LTD. entered into a supply partnership and acquired the Indian-based Primus brand that belongs to Primus Gloves & Sanrea Healthcare Products. This acquisition expanded the company presence in the market, further accelerating the growth of its Life Sciences business.

Key Benefits

• The disposable medical gloves market report provides a quantitative analysis of the current market and estimations from 2022 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.

• The study comprises of an extensive analysis of the current and future disposable medical gloves market trends, depicting the prevalent investment pockets in the market.

• The information related to key drivers, restraints, and opportunities, and their impact on the disposable medical gloves market is provided in the report.

• The competitive analysis of the market players along with their market share in the disposable medical gloves industry, is mentioned.

• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.

• The value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

Disposable Medical Gloves Market Key Segments

By Material

• Natural Rubber

• Nitrile

• Latex

• Neoprene 

• Synthetic

• Others

By Category

• Powdered

• Powder-Free

By Sterility

• Sterile Gloves

• Non-sterile Gloves

By Application

• Examination Gloves

• Surgical Gloves

By End-users

• Hospitals

• Clinics

• Ambulatory Surgical Centers

• Diagnostic Laboratories or Centers

• Others

By Distribution Channel

• Medical Stores

• E-commerce

• Others

By Geography

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Rest of Europe

• Asia-Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

  • Rest of Asia-Pacific

• RoW

  • UAE

  • Saudi Arabia

  • South Africa

  • Brazil

  • Remaining Countries

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2021	USD 10.78 Billion
Revenue Forecast in 2030	USD 18.35 Billion
Revenue Growth Rate	CAGR of 6.1% from 2022 to 2030
Analysis Period	2021–2030
Base Year Considered	2021
Forecast Period	2022–2030
Market Size Estimation	Billion (USD)
Growth Factors	Increasing safety and hygiene concerns and the expansion of applications in multiple end-users.   Growth in infectious diseases such as flu and viral infections that require special safety protocols.
Countries Covered	28
Companies Profiled	10
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.

KEY PLAYERS:

• Top Glove Corporation Bhd

• ANSELL LTD.

• Cardinal Health, Inc.    

• Hartalega Holdings Berhad

• Dynarex Corporation

• B. Braun Melsungen AG

• Semperit AG Holding

• Medline Industries, Inc.

• McKesson Corporation

• Kimberly-Clark Corporation