The increasing prevalence of contagious and chronic diseases, surging geriatric population, rising healthcare spending, and the ballooning incidence of surgeries are the major factors driving the expansion of the global medical gloves market. As a result, the market is predicted to attain a valuation of $20,435.6 million by 2030, exhibiting a CAGR of 10.8% between 2020 and 2030.
The COVID-19 pandemic has positively impacted the growth of the medical gloves market. The outbreak of the infection has caused a sharp rise in the demand for medical gloves as these are essential personal protective equipment (PPE). Moreover, in many countries, it is mandatory for the healthcare practitioners to wear these gloves while treating people infected with the virus. In addition to this, the increasing number of COVID-19 infected patients and the rising public awareness about safety and hygiene are further augmenting the requirement for these gloves all over the world.
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Globally, the North American medical gloves market is currently very lucrative, primarily because of the rising requirement for medical gloves in the healthcare facilities, increasing number of COVID-patients, and the existence of prominent market players in the regional countries. In the forthcoming years, the market will exhibit explosive growth in the Asia-Pacific (APAC) region, because of the soaring geriatric population and the mushrooming requirement for medical gloves in diagnostic centers, hospitals, and clinics in the region.
Some of the prominent global medical gloves market players are SHIELD Scientific B.V., Dynarex Corporation, Riverstone Holdings Limited, Robinson Healthcare Ltd., Sun Healthcare (M) Sdn Bhd, Cypress Medical Products LLC, Semprit AG Holding, Mölnlycke Health Care AB, Kimberly-Clark Corporation, Ansell Ltd., McKesson Corporation, Medline Industries Inc., B. Braun Melsungen AG, Paul Hartmann AG, Cardinal Health Inc., Kossan Rubber Industries Bhd, Hartalega Holdings Berhad, Halyard Health Inc., SUPERMAX Corporation Berhad, and Top Glove Corporation Bhd.
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Medical Gloves Market Size Breakdown by Segment
By Raw Material
By Distribution Channel
By End User
- Hospitals, Clinics, and Diagnostic Centers
- Ambulatory Surgery Centers (ASCs)
- North America
- South Korea
- Hong Kong
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
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