Disposable Medical Gloves Market Share to Witness Significant Revenue Growth
Disposable Medical Gloves Industry
The global disposable medical gloves market size was estimated at USD 6.93 billion in 2023 and is expected to grow at a CAGR of 8.9% from 2024 to 2030. The growing demand for safety and security at healthcare workplaces and rising healthcare expenditure are expected to have a positive impact on industry growth. Growing awareness of safety and health measures associated with the treatment of patients and emergency response incidents is further anticipated to augment the demand for disposable medical gloves in the healthcare sector. Furthermore, the risks related to on-the-job transmission of bloodborne pathogens and germs have led to an increased adoption of gloves in medical & healthcare facilities.
The market in the U.S. is undergoing a transition owing to the rising prevalence of chronic diseases, which has increased the number of hospital visits and re-admissions. This, in turn, is positively impacting the product demand in hospitals. The growing number of surgical procedures performed in the U.S. including cesarean section, appendectomy, coronary artery bypass graft (CABG), carotid endarterectomy, and circumcision, is expected to boost product demand.
Factors, such as the expansion of public healthcare systems, increased economic power, and population growth are anticipated to increase healthcare spending globally. Furthermore, the aging population, rising number of people with chronic & long-term conditions, increased investments in MedTech & expensive infrastructure, increasing labor costs & staff shortages, and the growing demand for broader ecosystem services are expected to boost the healthcare expenditure across the globe.
Disposable medical gloves are distributed through direct and indirect channels, such as distributors and retailers, along with e-commerce and social media advertising. The manufacturers of these products distribute products through independent distributors, exclusive distributors, and multi-brand retailers. However, a few companies distribute the product directly to companies, hospitals, commercial institutions, and consumers to avoid additional costs.
The growing need for healthcare services and products has driven a surge in the utilization of personal protective equipment (PPE) within the healthcare sector. This includes coveralls, gowns, lab coats, aprons, respirators, bouffant caps, shoe covers, masks, and gloves. Furthermore, the growing geriatric population in the region is expected to contribute to an increase in healthcare expenditure.
Gather more insights about the market drivers, restrains and growth of the Global Disposable Medical Gloves market
Disposable Medical Gloves Market Segments Highlights:
- The natural rubber material segment contributed to the maximum revenue share in 2023. These materials are flexible and easy to wear & use, which makes them ideal for use in handling water-based or biological materials
- The demand for surgical disposable medical gloves is expected to witness significant growth from 2023 to 2030 on account of precise sizing and design that offers high accuracy and tactile sensitivity as required by healthcare workers
- The hospital end-use segment accounted for the largest revenue share in 2023 owing to the high prevalence of chronic diseases, which increased the number of hospital visits and re-admissions
- The Asia Pacific regional market is expected to register the fastest CAGR over the forecast period owing to the rapidly growing healthcare infrastructure including hospitals and clinics coupled with rising medical tourism
- In December 2021, Supermax Corp. Berhad incorporated Maxter Healthcare Inc., a new wholly-owned subsidiary in the U.S. to produce Personal Protective Equipment (PPE) and medical gloves
Disposable Medical Gloves Market Report Segmentation
Grand View Research has segmented the global disposable medical gloves market based on material, product, application, end-use, region:
Disposable Medical Gloves Material Outlook (Revenue, USD Billion, 2018 - 2030)
- Natural Rubber
- Nitrile
- Vinyl
- Neoprene
- Polyethylene
- Others
Disposable Medical Gloves Product Outlook (Revenue, USD Billion, 2018 - 2030)
- Powdered
- Powder-free
Disposable Medical Gloves Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Examination
- Surgical
Disposable Medical Gloves End-use Outlook (Revenue, USD Billion, 2018 - 2030)
- Hospitals
- Home Healthcare
- Outpatient/Primary Care Facilities
- Others
Disposable Medical Gloves Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Russia
- Spain
- UK
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Thailand
- Malaysia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
Key Disposable Medical Gloves Company Insights
The market has been characterized by the presence of a wide array of large-scale and small-scale manufacturers, thereby resulting in a significant level of concentration. In addition, the global UV disinfection equipment market consists of various international as well as domestic players who are engaged in the designing, developing, and marketing of a diversified array of disposable medical gloves. Key players in the market are focusing on various strategies, including acquisition, regional expansion, and product innovation, to achieve competitive advantage and, thereby, develop a strong foothold in the industry.
For instance, in February 2022, Kimberly-Clark Worldwide, Inc. launched the Kimtech Opal Nitrile Gloves, designed to protect against chemical splash and microbial hazards. These gloves offer efficiency by being latex-free and devoid of vulcanizing agents, minimizing the risk of skin reactions associated with Type I & Type IV allergies typically linked to glove usage.
Key Disposable Medical Gloves Company Insights
- Ansell Ltd.
- Top Glove Corporation Bhd
- Hartalega Holdings Berhad
- Supermax Corporation Berhad
- Kossan Rubber Industries Bhd.
- Cardinal Health
- Semperit AG Holding
- Rubberex
- Dynarex Corporation
- Braun Melsungen AG
Recent Developments
- In April 2022, Unigloves launched a new biodegradable disposable nitrile gloves named BioTouch. Such launches are expected to augment the market growth during the forecast period
- In November 2022, Vizient, Inc. signed an agreement with SafeSource Direct, LLC, the manufacturer of personal protective equipment (PPE), for chemo-rated nitrile gloves. The agreement aims to establish 12 operational lines producing more than 2 billion gloves yearly by January 2024
Order a free sample PDF of the Disposable Medical Gloves Market Intelligence Study, published by Grand View Research.
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