Global Medical Gloves Market Report 2021: Malaysia is the Dominant Producer - U.S. Market is Estimated at $10.4 Billion, While China is Forecast to Grow at 14.6% CAGR

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Jul 15, 2021, 15:30 ET

DUBLIN, July 15, 2021 /PRNewswire/ -- The "Medical Gloves - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Medical Gloves Market to Reach $70 Billion by 2027

Amid the COVID-19 crisis, the global market for Medical Gloves estimated at US$30.9 Billion in the year 2020, is projected to reach a revised size of US$70 Billion by 2027, growing at a CAGR of 12.4% over the period 2020-2027.

Examination Gloves, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$42.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Surgical Gloves segment is readjusted to a revised 14.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $10.4 Billion, While China is Forecast to Grow at 14.6% CAGR

The Medical Gloves market in the U.S. is estimated at US$10.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.5 Billion by the year 2027 trailing a CAGR of 14.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 11.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

COVID-19 Outbreak Instigates Massive Spike in Disposable Gloves Market
The World Cannot Fight the Corona Virus Without Appropriate Weapons
The Humble Disposable Medical Gloves Are Now in the Spotlight, Making this Market Among the Few to Grow Amidst the Pandemic & the Looming Recession
Medical Gloves: An Introduction
Latex Gloves
Latex Alternatives
Polymer Coatings: Technological Advancements
Benefits & Drawbacks of Latex and Non-Latex Gloves
Market Segmentation of Medical Gloves
Medical Examination Gloves
Surgical Gloves
Powdered and Powder-Free Gloves
Medical Gloves: Current Market Scenario and Outlook
Disposable Medical Gloves Find Wider Acceptance
Surgical Gloves to Gain on Expense of Examination Gloves
Powder-Free Gloves Enjoy High Popularity
Hospitals & Clinics Remain Primary End-User of Disposable Medical Gloves
While Developed Regions Remain Major Revenue Contributors, Developing Regions Evolve into Fastest Growing Markets
Malaysia: Dominant Producer of Disposable Gloves Worldwide
Malaysia to Ramp Up Production to Cater to Global Demand
Innovations Drive Growth
Select Innovations
Competitive Landscape
A Topical Review of OEM Gloves Market
Top Glove: The Largest Rubber Glove Manufacturer
Capacity Expansion to Boost Nitrile Market Presence
Hartalega Leads in Nitrile Gloves Segment
Hartalega's NGC Project: Capacity and Timelines
Enhanced Productivity and Expanded Target Markets - Strategies for Better Future
Supermax: An Overview of Company's Operations
Supermax's Capacity Expansion Undertakings
Further Increase in Reliance on Nitrile Segment to Fuel Growth for Kossan
Kossan's Capacity Expansion Plans
Recent Market Activity

2. FOCUS ON SELECT PLAYERS (Total 93 Featured)

Ansell Healthcare Products, LLC
B. Braun Melsungen AG
Cardinal Health, Inc.
Cypress Medical Products, LLC
Halyard Health, Inc.
Hartalega Holdings Bhd
Kossan Rubber Industries BHD
Molnlycke Health Care AB
Paul Hartmann AG
Rubberex Corporation (M) Berhad
Semperit AG Holding
Shijiazhuang Hongray Group
Supermax Corporation Berhad
Top Glove Corporation Bhd
Vulkan Medical AS

3. MARKET TRENDS & DRIVERS

An Insight into Global Rubber Gloves Market
Rising Focus on Hygiene & Safety and Increasing Incident of Pandemic to Impel Global Demand for Disposable Medical Gloves
Importance of Hand Protection in Hospitals and Laboratories Drives Demand for Medical Gloves
Increasing Patient Population & Medical Tourism Propel the Market
Improving Healthcare Expenditure Turbo Charges Demand
Rising Number of Medical Professionals and Surgeries Drive Growth in Market
Rising Incidence of Hospital Acquired Infections Propels Market Growth
Aging Population and Growing Number of Surgical Procedures Spur Demand
Rise in Number of Diagnostic Laboratories Spurs Demand for Medical Gloves
The Trend towards Powderless Examination Gloves for Medical Use
Increasing Healthcare Awareness to Spur Demand for Medical Gloves
Latex Gloves Rapidly Lose Share to Synthetic Gloves
Nitrile Gloves: An Effective Synthetic Alternative to Natural Rubber Latex Gloves
Nitrile Gloves Witness Surging Demand
Vinyl Disposable Gloves Laced with Inherent Drawbacks
Manufacturers of NR Latex Gloves Rise to the Challenge
Underplayed Advantages of NRL: Hoping to Reinstate Consumer Confidence
Implementation of Double Gloving Practice Spurs Growth Opportunities
Durability of Medical Gloves: A Key Issue
Future of Powdered Gloves Precariously Hangs in Balance
Product Variables for Commercial Success
Managed Care Vs. Cost Concerns
Industry Upbeat on the Technology & Innovation Front
Hartalega Develops Non-Leaching Antimicrobial Gloves with Active Ingredient
Technology/Product Breakthroughs in Recent Years
Surgical Gloves: Shaped by Comfort, Fit & Barrier Protection
Demand and Supply Dynamics

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

Market Overview
Ageing Demographics: Major Driving Factor
Growing Focus on Infection Prevention Spurs Usage
Opportunity Indicators
Continued Preference of Latex Gloves
Competition
Legal and Regulatory Environment

CANADA

JAPAN

CHINA

EUROPE

Changing Landscape of the European Surgical Gloves Market
Increase in Aging Populace: A Business Case for Disposable Medical Gloves

FRANCE

GERMANY

German Gloves Market is Powder-Free

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

A Major Import Market

REST OF EUROPE

The Netherlands

ASIA-PACIFIC

Market Overview
Changing Dynamics of the Asian Medical Gloves Market
Malaysia Accounts for Lion's Share of Production

AUSTRALIA

INDIA

An Overview
Imports: A Major Source of Medical Gloves in India
Local Industry Treads on a Growth Path, Still to Embrace Changing Global Trends

SOUTH KOREA

REST OF ASIA-PACIFIC

Indonesia: Rubber Industry Overview
Malaysia: Domestic Market Yet to Take Off
Malaysian Companies Dominate Global Glove Industry
Industry Moves in the Direction of Better Efficiency and Productivity

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 93

For more information about this report visit https://www.researchandmarkets.com/r/9saqwm

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