Published Date : Jun 28, 2018
ALBANY, New York, June 28, 2018: MarketResearchReports.biz has announced the addition of a new market study to its repository, titled, “Global Medical Gloves Market-By Product Type (Surgical, Examination, Others), By Raw Material Type (Latex, Nitrile, Vinyl, Others), By Form (Powdered, Non-Powdered),By End Users, By Region, By Country (2018 Edition) - Forecast to 2023-- By End Users (Hospitals & Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Others), By Region, By Country (U.S, Canada, Germany, France, UK, India, Japan China, Brazil, Saudi Arabia).”
The report finds that the over billion dollar industry has been making steady progress owing to the rising instances of chronic and acute diseases and the pressing need to treat those effectively in a sanitized environment. Medical gloves prevent cross-contamination between caregivers and patients. The rising number of healthcare centers all over the world, particularly in developing nations, alongside the stringent regulations pertaining to control of infections and diseases is also having a positive impact on the market.
A noticeable trend in the market for medical gloves is the thrust on product development leading to innovative ones being unveiled every now and then. For instance, scientists recently launched an antimicrobial glove leveraging non-leaching antimicrobial technology that would be super effective in thwarting the spread of infections. Despite such promising developments, the market is yet to realize its full potential because of the limited scope of growth in underdeveloped pockets of the world. Others factors crimping its growth are ultra-competitive pricing by manufacturers owing to stiff competition and problem of safe disposal for used gloves.
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Having thrown light on some of the key trends in the market, the report on the global market for medical gloves goes on to segment it based on different parameters. Depending upon type, for example, it broadly segments the market into surgical and examination. Based on form again, it bifurcates the market into non-powdered and powdered. Currently, the non-powdered form is seeing its market share soar owing to the ban by FDA by the powdered form which have now been proven to have adverse impact on the health. Some of the materials used to manufacture medical gloves are nitrile, latex, vinyl, and others. Key end users driving uptake of the product are ambulatory surgical centers, hospitals and clinics, diagnostic centers, and others.
From a geographical standpoint, North America, powered by the U.S., at present holds a leading share in the market. This is mainly on account of its solid healthcare infrastructure, a large number of people afflicted with chronic ailments, and presence of many key players. Going forward, however, Asia Pacific is predicted to surpass all others vis-à-vis growth because of its strengthening healthcare framework and the growing knowledge about hygiene among patients and physicians.
Some of the key companies operating in the market that have been profiled in the report are Cardinal Health, Ansell, Top Glove Corporation, Hartalega, Supermax Corporation, Cypress Medical, and Halyard Health.
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