Medical gloves are hand gloves used by healthcare providers in order to limit infection transfer into patients. Medical gloves are made of various materials and are accessible in the market through both online and offline channels. Medical gloves are mostly used during diagnostic tests and procedures to maintain sanitation, the safety of patients and caregivers, and the prevention of infections. Disposable gloves are commonly used in the healthcare industry to prevent the spread of infectious bacteria between patients and physicians.
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Market Drivers and Trends
The Growing Demand for Powder-free or Non-powdered Medical Gloves. The usage of latex gloves has resulted in an increase in allergic or hypersensitive responses among healthcare personnel. On the wrists and hands, allergic responses such as irritant contact dermatitis, a non-immunologic response to an irritant, or skin damage occur. As a result, the worldwide gloves market is predicted to grow as individual’s transition to non-powdered or powder-free gloves, synthetic gloves, or low-protein latex gloves.
Furthermore, Increase of surgical procedures. The increasing number of surgical operations performed for a variety of causes such as car accidents, cosmetic enhancements, and surgeries connected to old age, and much more is directly driving market growth. Additionally, the increasing introduction of innovative and advanced surgical items into the market is paving the way for development. The above aforementioned factors can increase the market growth.
Market Restraints and Challenges
Impact of Stringent Health Regulations, Many standards for medical glove manufacture have been created over the years in response to increased concerns by industry professionals, and new research findings. The FDA regulations for medical glove manufacturers entering the market have also altered, resulting in the creation of high-quality gloves. With the current recommendations regulating the use of gloves, the global medical gloves market is expected to rise. On the other hand, high costs connected with R&D capabilities, restricted infrastructural facilities, and variations in raw material prices are projected to hinder market expansion. In addition, a lack of favorable reimbursement scenarios and technology penetration in developing economies, health hazards associated with nitrile gloves, competitive pricing by local manufacturers, and a lack of suitable infrastructure in low- and middle-income countries are expected to pose market challenges. Finally, these challenges can restrain the market growth.
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Market Segments
The medical gloves market is segmented into material, usage, application, end users, and region. Based on material, the market is categorized into natural rubber latex, nitrile, vinyl, neoprene, polyisoprene, and polyethylene. On the basis of usage, the market is bifurcated into disposable and reusable. Based on application, the market is segmented into examination, surgery, chemotherapy, cleanroom, food handling, and others. Based on end users, the market is segmented into hospitals and clinics, diagnostic centers, rehabilitation centers, ambulatory surgical centers, laboratories, and others. Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World.
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Key Players
Some of the key players of medical gloves market are Ansell (Australia), Hartalega Holdings (Malaysia), Top Glove Corporation (Malaysia), Kossan Rubber Industries (Malaysia), Supermax Corporation (Malaysia), Semperit AG Holding (Austria), Kimberly-Clark (United States), Medline Industries (United States), Cardinal Health (United States), Dynarex Corporation (United States), Molnlycke Health Care (Sweden), B. Braun Melsungen (Germany), Unigloves (United Kingdom), Halyard Health (United States), Adenna (United States), Medicom (Canada), Innovative Gloves (Thailand), Riverstone Holdings (Singapore), Rubberex (Malaysia), and Latexx Partners (Malaysia).
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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