Global Medical Gloves Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Material;

Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, and Others.

By Application;

Medical Examination, Surgery, Chemotherapy, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn733338243 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Medical Gloves Market (USD Million), 2020 - 2030

In the year 2023, the Global Medical Gloves Market was valued at USD 13,280.44 million. The size of this market is expected to increase to USD 23,859.33 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.

Medical gloves are utilized extensively in hospitals, clinics, laboratories, and other healthcare settings to provide a barrier against contamination and the spread of infectious diseases. The market for medical gloves has experienced significant growth due to heightened awareness of infection control, the rise in surgical procedures, and global health crises such as the COVID-19 pandemic, which underscored the critical need for protective gear in healthcare environments.

Several factors drive the expansion of the medical gloves market. The increasing prevalence of chronic diseases and the consequent rise in surgical and medical procedures have led to a greater demand for medical gloves. Additionally, stringent regulations and standards imposed by health authorities worldwide mandate the use of gloves in various medical procedures to ensure patient and staff safety, further propelling market growth. Innovations in glove manufacturing, such as the development of latex-free and hypoallergenic materials, have broadened the market by addressing issues of latex allergies and improving comfort and usability for healthcare workers.

Technological advancements and improvements in manufacturing processes have also contributed to the market's growth. Enhanced production techniques have enabled the mass production of high-quality gloves at a lower cost, making them more accessible to a broader range of healthcare facilities, including those in developing regions. Furthermore, the rise of e-commerce and improved distribution channels have facilitated the easier and faster procurement of medical gloves globally, ensuring a steady supply even during times of heightened demand.

The market is segmented by product type, including examination gloves and surgical gloves, each serving distinct purposes within healthcare settings. Examination gloves are typically used for routine patient examinations and diagnostic procedures, whereas surgical gloves are designed for use in surgical settings, offering higher levels of precision, sensitivity, and protection. Materials used in the manufacturing of medical gloves include natural rubber latex, nitrile, vinyl, and neoprene, each offering specific benefits and catering to different needs and preferences within the healthcare sector.

Geographically, the market is divided into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe dominate the market due to their advanced healthcare infrastructures and stringent regulatory frameworks. However, the Asia Pacific region is witnessing rapid growth, driven by increasing healthcare investments, improving medical facilities, and rising awareness of infection control practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Medical Gloves Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infection Control Awareness

        2. Rising Surgical Procedures

        3. Health Crisis Demand

      2. Restraints
        1. Latex Allergy Issues

        2. High Manufacturing Costs

        3. Supply Chain Disruptions

      3. Opportunities
        1. Latex-Free Innovations

        2. E-commerce Expansion

        3. Sustainable Production Methods

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Medical Gloves Market, By Material, 2020 - 2030 (USD Million)
      1. Natural Rubber Gloves

      2. Nitrile Gloves

      3. Vinyl Gloves

      4. Others

    2. Global Medical Gloves Market, By Application, 2020 - 2030 (USD Million)
      1. Medical Examination

      2. Surgery

      3. Chemotherapy

      4. Others

    3. Global Medical Gloves Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Top Glove Corporation Bhd
      2. 3M Company
      3. Mckesson Corporation
      4. Cardinal Health, Inc.
      5. B. Braun SE
  7. Analyst Views
  8. Future Outlook of the Market