PUBLISHER: Meticulous Research | PRODUCT CODE: 1504219
PUBLISHER: Meticulous Research | PRODUCT CODE: 1504219
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
The global medical gloves market is projected to reach $24.21 billion by 2031 at a CAGR of 7.0% from 2024 to 2031.
Succeeding extensive secondary and primary research and in-depth analysis of the market scenario, the report comprises the analysis of key industry drivers, restraints, challenges, and opportunities. The growth of the medical gloves market is driven by the high burden of chronic diseases, leading to an increase in the number of surgeries, an increasing prevalence of infectious diseases, a rise in the number of medical facilities, and increasing healthcare expenditure. However, stringent regulatory requirements and rising environmental concerns about the disposal of medical gloves restrain the growth of this market.
Furthermore, technological advancements in material sciences and manufacturing technologies and growing medical tourism in emerging economies are expected to generate growth opportunities for the players operating in this market. However, the risk of surgical site infections due to glove powder and allergic reactions to some glove materials poses major challenges to market growth.
The report offers a competitive landscape based on an extensive assessment of the product portfolio offerings, geographic presences, and key strategic developments adopted by leading market players in the industry over four years (2021-2024). The key players operating in the global 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), Molnlycke 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).
Among all the products studied in this report, 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 high number of patient visits to hospitals and clinics coupled with the recurrent use of medical gloves in patient examination and the high incidence of healthcare-associated infections (HAIs).
Among all the materials studied in this report, in 2024, the synthetic material segment is expected to account for the largest share of over 62.7% of the medical gloves market. The large market share of this segment is attributed to the cost-effectiveness of synthetic gloves and their advantageous properties, such as excellent protection against germs and viruses, which make them a popular choice among medical professionals.
Among all the sterilities studied in this report, in 2024, the sterile gloves segment is expected to account for the largest share of the medical gloves market. Sterile gloves are used in medical facilities to ensure patient safety and a high level of infection control. These gloves are free from microorganisms, which reduces the chances of developing infections. During surgeries or other medical procedures, an aseptic environment is needed to ensure no contaminants are introduced to the surgical site to reduce post-operative complications. The rise in the number of surgeries is driving the demand for sterile gloves.
Among all the usages studied in this report, in 2024, the disposable gloves segment is expected to account for the largest share of the medical gloves market. The large market share of this segment can be attributed to the rising concern for precautions for the health and safety of patients and emergency response occurrences, in addition to concerns regarding on-the-job transmission of microorganisms and bloodborne diseases.
Among all the end users studied in this report, in 2024, the hospitals & clinics segment is expected to account for the largest share of over 39.0% of the medical gloves market. The large market share of this segment is driven by the growing number of patient visits, a large number of medical procedures conducted in hospitals, and the expansion of medical facilities, increasing their demand. Hospital staff undertakes a multitude of activities, from patient care to cleaning and disinfecting surfaces, handling sterile surfaces, and preparing medications. Each of these activities needs medical gloves to comply with regulatory requirements. The demand for medical gloves is the highest in hospitals.
An in-depth analysis of the geographical scenario of the global medical gloves market provides detailed qualitative and quantitative insights into the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. In 2024, North America is expected to account for the largest share of over 37.3% of the medical gloves market. In the region in 2024, the U.S. is expected to account for the largest share of the medical gloves market in North America. The large share of the country is attributed presence of major medical gloves companies such as McKesson Corporation (U.S.), Cardinal Health (U.S.), and Medline Industries, Inc. (U.S.), and the high number of surgeries, high burden of chronic diseases, and strategies aimed to control the spread of HAIs.
Medical Gloves Market Assessment-by Product
Note: Other Medical Gloves include personal protective gloves, cleanroom room gloves, gloves with aloe vera, and gloves with oatmeal.
Medical Gloves Market Assessment-by Material
Note: Other Synthetic Materials include chloroprene, polyvinyl chloride, and polyisoprene.
Medical Gloves Market Assessment-by Form
Medical Gloves Market Assessment-by Usage
Medical Gloves Market Assessment-by Sterility
Medical Gloves Market Assessment-by Cuff Type
Medical Gloves Market Assessment-by Size
Medical Gloves Market Assessment-by Distribution Channel
Medical Gloves Market Assessment-by End User
Note: Other End Users include pharmaceutical & biotechnology companies and academic & research institutes.
Medical Gloves Market Assessment-by Geography
(Note: SWOT analyses of the top 5 companies will be provided.)