DUBLIN – (BUSINESS CHP) – The report on the analysis of the market size, share and trends of disposable medical gloves by materials (natural rubber, nitrile), by application (examination, surgical), by end use (hospital, home health) and forecasts by segments, 2022-2030 “the report is added to ResearchAndMarkets.com’s supply.
The global market for disposable medical gloves is expected to reach $ 11.61 billion by 2030, with a CAGR of 5.3% over the forecast period.
The mentioned companies
Top Glove Corporation Bhd
Supermax Corporation Berhad
Semperit AG Holding
Hartalega Holdings Berhad
Kossan Rubber Industries Bhd
B.Braun Melsungen AG
Unigloves (Uk) Limited
The global market is driven mainly by the growing spread of infectious diseases and outbreaks, coupled with rising costs.
Factors such as growing investment in both the public and private sectors, the growing geriatric population and the large influx of migrants, combined with rising healthcare costs, are expected to boost the growth of the healthcare industry, which in turn will increase demand for products. The adoption of new practices in healthcare and medical facilities and the development of better products and technologies for medical care are expected to stimulate the demand for health services and the need for modern medical infrastructure.
This in turn will move the market in the coming years. Due to the COVID-19 pandemic, many players have adopted automation. The use of robotics in the production of gloves and other processes such as packaging and counting are appearing on the market.
For example, Doka Industrial Automation designs a machine to automate the process from production to packaging of gloves. The revival of COVID-19 is expected to increase hospital visits and boost product demand. Companies are making strategic investments to strengthen their product portfolios. For example, in March 2021, Hartalega Holdings Berhad bought 250 acres of land in Kedah from the Northern Gateway Free Zone Sdn Bhd for $ 55.4 million to expand its glove manufacturing operations.
Disposable Medical Gloves Market Report Highlights
The natural rubber segment contributed to the maximum revenue share in 2021. These materials are flexible and easy to carry and use, making them ideal for use when working with water-based or organic materials.
Demand for disposable surgical medical gloves is expected to witness significant growth from 2022 to 2030 due to precise sizing and design that offers high accuracy and tactile sensitivity as required by healthcare professionals.
The hospital end-use segment accounted for the largest share of revenue in 2021 due to the high prevalence of chronic diseases, which increased the number of hospital visits and re-admissions.
The Asia-Pacific regional market is expected to register the fastest CAGR during the forecast period due to rapidly developing health infrastructure, including hospitals and clinics, combined with growing medical tourism.
In December 2021, Supermax Corp. Berhad has included Maxter Healthcare Inc., a new wholly owned subsidiary in the United States for the production of personal protective equipment (PPE) and medical gloves.
Main topics covered:
Chapter 1. Methodology and scope
Chapter 2. Summary
Chapter 3. Variables, trends and market scope of disposable medical gloves
3.1. Market segmentation and scope
3.2. Mapping the perspectives for penetration and growth
3.3. Industry value chain analysis
3.4. Technology overview
3.5. Regulatory framework
3.6. Market dynamics
3.6.1. Market engine analysis
3.6.2. Analysis of market constraints
3.6.3. Challenges in the industry
3.7. Business environment analysis
3.7.1. Industry Analysis – Porter’s
3.7.2. PESTEL analysis
3.8. Analysis of the impact of COVID-19
Chapter 4. Evaluation of the disposable medical gloves market and trend analysis
Chapter 5. Market assessments for the use of disposable medical gloves and trend analysis
Chapter 6. Market assessments and end-use of disposable medical gloves and trend analysis
Chapter 7. Market and regional market assessments of disposable medical gloves and trend analysis
Chapter 8. Competitive analysis
8.1. Key global players and recent developments and their impact on the industry
8.2. Strategies adopted by key players during the COVID-19 pandemic
8.3. Landscape of the seller
8.4. Competitive scoreboard analysis
8.5. Strategic framework
8.6. Public companies
8.6.1. Analysis of the market position of the company
8.7. Private companies
8.7.1. List of key start-ups and their geographical presence
Chapter 9. Company profiles
For more information on this report, visit https://www.researchandmarkets.com/r/r33bzg