Disposable Medical Gloves Market Size, Share, and Growth Trends Amid Global Health Crisis
The global disposable medical gloves market has experienced an extraordinary surge in demand in the wake of the COVID-19 pandemic, according to a recent report by Fairfield Market Research. The outbreak of the virus has led to a rapid increase in the need for effective personal protective equipment (PPE), driving healthcare professionals and individuals alike to prioritize safety and hygiene.
Rising Hygiene Standards Fuel Market Momentum
With the implementation of stricter hygiene standards worldwide, the disposable medical gloves market is poised for significant growth. The trend of double gloving to enhance durability has further boosted the market’s growth trajectory. However, the market faces challenges from highly competitive pricing and growing concerns about the ecological impact of disposable gloves.
Powder-Free Gloves Gain Prominence
The global shift from powdered gloves to powder-free alternatives is a notable trend in the disposable medical gloves market. Health risks associated with powdered gloves, such as skin allergies, have led to a decline in their usage. In 2016, the FDA banned several types of powdered gloves, further encouraging the adoption of powder-free options. Other trends shaping the market include the use of moisturizing agents for easy wear, antimicrobial glove technology, and textured gloves for improved grip.
Surgical Gloves Take the Lead in Revenue
In terms of value, surgical gloves dominated the global disposable medical gloves market in 2019. Although examination gloves continue to outsell surgical gloves in volume, the latter is expected to lead in terms of revenue due to higher pricing. The COVID-19 pandemic has played a significant role in driving demand for both types of gloves, with heightened safety concerns.
Material Matters
In 2019, vinyl gloves held the largest revenue share due to their skin allergy-free properties. Natural rubber was the second most preferred material in terms of revenue. Nitrile gloves are projected to exhibit the highest demand growth rate until 2025, driven by their effectiveness in preventing contamination from bloodborne pathogens and their superior durability. Hospitals remain the primary end-users in this market.
North America and Europe Lead, Asia Pacific Grows Fastest
North America and Europe are at the forefront of market revenue, thanks to increased healthcare expenditure and heightened consumer awareness. Strict regulatory guidelines on infection protection devices in these regions have driven demand for high-quality gloves. In North America, there is a notable surge in demand for polyisoprene gloves for surgical procedures. Asia Pacific is expected to be the fastest-growing regional market due to the adoption of cost-effective alternatives like nitrile gloves over natural rubber.
Malaysia: A Hub for Disposable Medical Gloves
Malaysian companies like Top Glove Corporation Bhd and Hartalega Holdings Bhd dominate the global disposable medical gloves market, benefiting from the abundant availability of natural rubber latex in the region. However, global players like Ansell Ltd. and Cardinal Health have a stronghold in the surgical gloves segment. To meet the unprecedented demand caused by the COVID-19 outbreak, key market players are implementing various growth strategies, including collaborations and expanding production capacities.
The disposable medical gloves market is experiencing remarkable growth, driven by the pandemic’s ongoing impact on industries worldwide. As safety and hygiene continue to be paramount, the market is set to witness further expansion in the coming years.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 – By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/disposable-medical-gloves-market
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