1. What is the projected Compound Annual Growth Rate (CAGR) of the Disposable Medical Gloves Market?
The projected CAGR is approximately 15.7%.
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Disposable Medical Gloves MarketDisposable Medical Gloves Market by Application (Surgical, Examination), by Material (Latex, Synthetic), by Category (Powdered, Powder-free), by End-User (Hospitals & Clinics, Diagnostic/Pathology Labs, Dental Clinics, Others), by North America (U.S., Canada) Forecast 2026-2034
The Disposable Medical Gloves Market size was valued at USD 9.14 USD billion in 2023 and is projected to reach USD 25.37 USD billion by 2032, exhibiting a CAGR of 15.7 % during the forecast period. Medical gloves are protection wear with a view to reducing the spread of infectious material during a medical procedure. Available in different types most of which are manufactured in latex, nitrile, and vinyl depending on the requirement of users. The latex gloves give good stretchability and barrier presentation while the nitrile gloves are free from latex and soluble in chemicals. Vinyl gloves are relatively cheaper than the other types of gloves suitable for use in low-risk activities only. Some of the aspects of these gloves include convolution of the outer side to allow easy gripping, universal designs where the gloves can be worn on either hand and also different thicknesses to support different operations. They are commonly applied in healthcare facilities, laboratories, food service, and businesses dealing with risky products. Used medical gloves not only shield the users and patients but also help inhibit the dissemination of germs making the surrounding environment safer for all.
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December 2022: Semperit AG Holding sold its medical business to HARPS, a Southeast Asian glove producer.
November 2022: The U.S. Food and Drug Administration (FDA) granted 510(k) clearance for SafeSource Direct's chemo-rated nitrile exam gloves.
April 2022: Unigloves, Ltd. launched biodegradable disposable nitrile gloves.
April 2022: SHOWA Group received FDA approval for its single-use nitrile gloves, the first biodegradable nitrile gloves approved for medical use.
February 2022: Kimberly-Clark Worldwide, Inc. launched the Kimtech Opal Nitrile Gloves, providing protection against microorganisms and chemical splash.
September 2021: American Nitrile launched Ohio-based glove manufacturing operations to meet the rising demand for PPE.
January 2021: ANSELL, LTD. acquired the life science business from Primus Gloves Private Limited, accelerating its life sciences business growth.
The Asia-Pacific region is expected to hold the largest market share due to the presence of major glove manufacturing hubs, rising population, and increasing healthcare spending.
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The price of disposable medical gloves varies depending on factors such as material, quality, size, and quantity.
The global disposable medical gloves market is characterized by significant import and export activities, with Asia-Pacific being a major exporter and Europe being a major importer.
The report analyzes the intellectual property landscape of the disposable medical gloves market, including patents, trademarks, and copyrights held by key market players.
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 15.7% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 15.7%.
Key companies in the market include Top Glove Corporation Bhd (Malaysia), Cardinal Health (U.S.), Kimberly-Clark Corporation (U.S.), Sri Trang Agro-Industry Plc. (Thailand), Mölnlycke Health Care AB (Sweden), ANSELL LTD. (Australia), Hartalega (Malaysia), Semperit AG Holding (Austria), Kossan Rubber Industries Bhd (Malaysia), Supermax Corporation Berhad (Malaysia).
The market segments include Application, Material, Category, End-User.
The market size is estimated to be USD 9.14 USD billion as of 2022.
Increasing Awareness of Hygiene and Safety from Healthcare-Associated Infections to Drive Market Growth.
High Demand for Examination Gloves in COVID-19 Tests and Mass Vaccinations to Drive Market Growth.
Allergies Associated with Several Types of Gloves to Hinder Market Growth.
December 2022 – Semperit AG Holding sold its medical business to Southeast Asian glove producer HARPS.
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The market size is provided in terms of value, measured in USD billion and volume, measured in K Units.
Yes, the market keyword associated with the report is "Disposable Medical Gloves Market," which aids in identifying and referencing the specific market segment covered.
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