Medical Gloves Market Size
Market Outlook:
Base Year Value (2023)
USD 35.21 Billion
CAGR (2024-2032)
18.3%
Forecast Year Value (2032)
USD 159.78 Billion
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:The increasing awareness about personal hygiene and safety among healthcare professionals and the general public is driving the demand for medical gloves. Additionally, the growing prevalence of infectious diseases and the need for infection control measures in healthcare settings are also contributing to the growth of the medical gloves market. Furthermore, the expanding healthcare industry and the rising number of surgeries and medical procedures are creating opportunities for market growth.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Product, Form, Application, Usage, Sterility, Distribution Channel, End-Use |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Ansell., Top Glove Bhd, Hartalega Holdings Berhad, Supermax Berhad, Kossan Rubber Industries Bhd., Cardinal Health, Semperit AG Holding, Rubberex, Dynarex, B. Braun Melsungen AG |
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The fluctuating prices of raw materials, such as natural rubber latex and nitrile, are posing a challenge to market growth. The volatility in raw material prices can impact the manufacturing costs of medical gloves, thereby affecting the pricing and profit margins of manufacturers. Moreover, the concerns regarding allergic reactions to latex gloves and the shift towards alternative materials, such as nitrile and vinyl, are restraining the growth of the medical gloves market.
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