Coherent Market Insights

Disposable Medical Gloves Market to Surpass US$ 13.39 Bn by 2030

Disposable Medical Gloves Market to Surpass US$ 13.39 Bn by 2030 - Coherent Market Insights

Publish In: Aug 01, 2023

Disposable medical gloves are single-use medical gloves used to protect the hands from possible infections and diseases. These gloves are majorly used in the public and private healthcare sector to protect the user/wearer or people from possible infections and diseases. Single-use or disposable gloves are beneficial when it comes to protecting the skin against chemicals, contamination, fluids or infection, in the healthcare sector. Disposable gloves keep everyone safe because they minimize the spread of germs and bacteria. Disposable gloves are widely used during medical examinations and procedures to help prevent cross-contamination between caregivers and patients. Thus, there is an increasing demand for disposable medical gloves across the globe.

Market Statistics:

The global disposable medical gloves market is estimated to account for US$ 7.09 Bn in terms of value by the end of 2023.

Drivers:

Increasing demand for disposable medical gloves across the globe is expected to propel the growth of the global disposable medical gloves market over the forecast period. For instance, in February 2022, Kimberly-Clark Worldwide, Inc. announced the launch of the Kimtech Opal Nitrile Gloves. Opal Nitrile Gloves guard against contamination by chemical splash and micro-organism hazards. Powder free, ambidextrous with beaded cuff and textured fingertips. Free from natural latex and standard vulcanising agents and with no added sulphur the Kimtech Opal Glove stands out in the crowd. The absence of natural rubber latex and vulcanizing agents reduces the risk of Type I and Type IV glove-associated skin reactions.

Opportunities:

Rise in burden of chronic diseases and increasing number of surgical procedures across the world is expected to provide significant growth opportunities for players in the global disposable medical gloves market. For instance, such a high burden of chronic diseases leads to an increasing number of surgical procedures and is expected to increase the demand for disposable gloves. According to the National Center for Biotechnology Information (NCBI), worldwide, around 310 million major surgeries are performed each year; around 40 to 50 million in the United States and over 20 million in Europe. The volume of surgical procedures is rising worldwide, positively impacting the growth of the global disposable medical gloves market.

Restraints:

Toxic reactions associated with certain gloves and concerns regarding environmental pollution are major factors expected to hamper growth of the disposable medical gloves market. Some people are allergic to the natural rubber latex used in some medical gloves. Many adverse skin reactions, such as irritant contact dermatitis, allergic contact dermatitis, and contact urticaria have been also reported with the usage of all types of gloves. Vinyl and nitrile gloves also lead to adverse chemical reactions and these chemical reactions can also cause skin damage or precipitate allergic reactions.

Moreover, outbreak of COVID-19 increased the usage of protective equipment, such as disposable gloves, which in turn resulted in significant environmental pollution due to non-degradability of the gloves. Thus, the potential for chemical release from gloves and glove materials and the effects of glove degradation under environmental conditions are currently being researched. This in turn has increased the use of biodegradable medical gloves.

COVID-19 Impact Analysis:

The outbreak of COVID-19 (pandemic) had a positive impact on the market, as the pandemic led to a significant increase in the demand for disposable medical gloves worldwide, as these gloves act as a major infection control measure to prevent the spread of the virus. In May 2020, UNICEF estimated that the by the end of the year, more than 2.2 billion surgical masks, 1.1 billion gloves, 13 million goggles, and over 8.8 million face shields will be required for the COVID-19 response. Moreover, the global pandemic increased the cases of hospital-acquired infections, which in turn increased the use of disposable medical gloves.

Key Takeaways:

The global disposable medical gloves market was valued at US$ 6.49 Bn in 2022 and is forecast to reach a value of US$ 13.39 Bn by 2030 at a CAGR of 9.5% between 2023 and 2030.

Natural Rubber Gloves segment held dominant position in the global disposable medical gloves market in 2022, accounting for 44.7% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period.

Market Trends:

Increasing demand for biodegradable gloves is one of the key trends expected to propel the growth of the global disposable medical gloves market. Each year, more than 1.4 billion tons of disposable gloves are used worldwide in the healthcare industry, food industry, and by the general consumer. The gloves are used only once and cannot be degraded, which in turn contribute to environmental pollution. Biodegradable gloves are the biodegradable alternative to a traditional disposable glove, while meeting all the required quality & certification parameters. Therefore, there is an increasing demand for biodegradable gloves and this trend is expected continue over the forecast period.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/disposable-gloves-market-217

Competitive Landscape:

Major players operating in the global disposable medical gloves market include Cardinal Health, Inc., Adventa Berhad, Ansell Ltd., Dynarex Corporation, Hartalega Holdings Berhad, Supermax Corporation Berhad, Semperit AG Holding, Top Glove Corporation BHD, Rubberex Corporation (M) Berhad, and Kossan Rubber Industries BHD, among others.

Recent Developments:

In May 2022, Globus Group announced the launch of the ultimate range of single-use gloves. With a strong heritage in producing high-quality hand protection, Globus has introduced these premium, 100% nitrile gloves for users across industries, synonymous with quality, innovation, and value.

In June 2022, Eastwest Medico ApS launched first biodegradable disposable gloves. PROSENSO Biodegradable Nitrile Gloves is a brand new and revolutionary nitrile glove product. These gloves are made from a new and unique NBR (Nitrile Butadiene Rubber) formula that allows gloves to degrade during a microbial process in aerobic and anaerobic environments at landfills.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports


Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail


Logo

Reliability and Reputation

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Reliability and Reputation

27001:2022

Reliability and Reputation

EXISTING CLIENTELE

Created billion dollars of revenue impact on thousands of clients

trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.