Medical Gloves Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 7.71 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Medical Gloves Market Analysis
The Medical Gloves Market is expected to register a CAGR of 7.71% during the forecast period.
The medical gloves market is propelled by several factors. The rising number of hospital visits and surgeries, coupled with the increasing incidence of infections, is driving market demand. Additionally, the development of healthcare infrastructure in developing countries is fostering greater awareness and utilization of medical facilities, further boosting the market for medical gloves. This has resulted in an increasing number of hospital visits and surgeries. For instance, according to the HSE, which published its 2023 hospital activity figures, 1.7 million people received emergency care in 2023, which was an increase of 29,000 compared to the previous year. Moreover, there was a steady rise in the number of people receiving care at an injury unit, with 165 thousand attendances last year, up from 147 thousand in 2022. Such a huge percentage is anticipated to drive market growth due to the increased adoption of medical gloves during patient care in hospitals.
The rising number of surgeries is also expected to drive market growth over the forecast period. For instance, according to ISAPS鈥� data published in 2024, total surgical and non-surgical procedures increased by 3.4% in 2023, reaching 34.9 million. Such a huge number of surgeries in developed countries is expected to drive market growth due to the increased adoption of medical gloves during surgeries.
Furthermore, the rising initiatives from key market players are expected to bolster market growth. For instance, in January 2023, SARAYA, through the joint venture company Yangzhou Saraguard Medical Supplies Co. Ltd, established its nitrile glove factory. Such initiatives are expected to drive market growth due to the rise in the adoption of nitrile exam gloves in healthcare settings. Similarly, in March 2023, SafeSource Direct announced its newest American-made PPE product, a nitrile exam glove designed for maximum feel and sensitivity. The gloves received FDA 510(k) clearance and offer a superior tactile feeling at low prices.
Several government initiatives are expected to contribute to market growth over the forecast period. For instance, in December 2022, the governments of Canada and Ontario announced a USD 72 million contribution to secure the local supply chain for medical-grade gloves. Such initiatives will support the supply and demand of medical gloves and are likely to contribute to market growth.
Therefore, factors such as the rising number of surgeries and hospital visits, increased incidence of infections, and rising initiatives from the market players are expected to drive market growth. However, the presence of counterfeit and sub-standard gloves in the market and the potential risk of contamination due to inappropriate disposal of gloves are the factors expected to hinder this growth.
Medical Gloves Market Trends
Chemotherapy Segment is Expected to Record Significant Growth Over the Forecast Period
Medical gloves are used significantly in chemotherapy to minimize the potential mutagenic, carcinogenic, and teratogenic effects and occupational exposure to chemotherapy drugs. Personnel protective devices, particularly medical gloves, are crucial for preventing skin contact. Selecting the right gloves is paramount. To ensure optimal protection in oncology settings, comprehensive guidelines should be established, encompassing the evaluation of appropriate materials and the definition of quality standards.
Moreover, the demand for chemotherapy is expected to increase in the future as well due to the rising incidence of cancer. According to the American Cancer Society, in 2024, 2.0 million new cancer cases have been diagnosed, up from 1.93 million in 2023. Such a high incidence of cancer cases in the United States is expected to propel market growth due to the increased adoption of chemotherapy.
Furthermore, the rising strategies of market players are expected to drive the segment鈥檚 growth. For instance, in October 2022, ASAP Innovations launched its X-TRA Thick Black glove at the A + A Exhibition in Dusseldorf, Germany. The glove has been approved for use throughout the European Union and in the United Kingdom and offers the highest protection against exposure to many commonly used chemotherapy drugs. Such launches and exhibitions of gloves used in chemotherapy are expected to increase their adoption due to rising awareness, driving the segment鈥檚 growth.
With the increasing demand for chemotherapy, the demand for chemotherapy-grade gloves is also expected to increase. This is also expected to boost market growth.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same During the Forecast Period
The North American market holds significant growth due to the improved healthcare infrastructure, the strong foothold of key market players, rising hospitals, and rising initiatives from the market players, among others.
As per the National Ambulatory Care Reporting System (NACRS) in Canada, in December 2022, almost 14.0 million unscheduled emergency department visits were reported in Canada. Such a large number of emergency visits in Canada is expected to drive growth in the region due to the increased adoption of medical gloves in emergency departments.
Rising initiatives from key market players are expected to drive market growth in the region. For instance, in November 2022, Vizient Inc. entered into an agreement with SafeSource Direct for the manufacture of chemo-rated nitrile gloves. The agreement was the action by Vizient to increase supply assurance of critical medical supplies. In March 2022, United Safety Technology announced that it planned to build a new medical-grade glove manufacturing facility at Tradepoint Atlantic in Sparrows Point. Such initiatives are anticipated to drive market growth over the forecast period.
Increasing hospital visits and rising initiatives from market players are expected to increase the demand for medical gloves, which is expected to boost market growth in the region.
Medical Gloves Industry Overview
The medical gloves market is fragmented due to the presence of a large number of local and global players. The factors owing to the competition include the rising initiatives from the key market players, such as launches, exhibitions, and expansions. Some of the players operating in the market are Top Glove Corporation Bhd, 3M Company, Ansell Limited, Mckesson Corporation, Cardinal Health Inc., and B. Braun SE.
Medical Gloves Market Leaders
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Top Glove Corporation Bhd
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3M Company
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Mckesson Corporation
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Cardinal Health, Inc.
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B. Braun SE
*Disclaimer: Major Players sorted in no particular order
Medical Gloves Market News
- January 2024: Kimberly-Clark Professional introduced Kimtech Polaris Nitrile Gloves. Kimtech Polaris Nitrile Gloves offer outstanding protection and strength, along with superior dexterity and comfort.
- January 2023: Medicom Group announced that it had planned to build a nitrile glove factory called ManiKHeir via its subsidiary Kolmi-Hopen, which specializes in the manufacture of single-use medical devices.
Medical Gloves Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverable and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise in Number of Hospital Visits and Surgeries
4.2.2 Increasing Incidence of Infections
4.3 Market Restraints
4.3.1 Presence of Counterfeit and Sub-standard Gloves in the market
4.3.2 Potential Risk of Contamination due to Inappropriate Disposal of Gloves
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Type
5.1.1 Powdered
5.1.2 Non-powdered
5.2 By Material
5.2.1 Natural Rubber Gloves
5.2.2 Nitrile Gloves
5.2.3 Vinyl Gloves
5.2.4 Other Materials
5.3 By Application
5.3.1 Medical Examination
5.3.2 Surgery
5.3.3 Chemotherapy
5.3.4 Other Applications
5.4 By Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East & Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East & Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 3M Company
6.1.2 Ansell Limited
6.1.3 B. Braun Melsungen AG
6.1.4 Cardinal Health Inc.
6.1.5 Dynarex Corporation
6.1.6 Hartalega Holdings Berhad
6.1.7 Mckesson Corporation
6.1.8 Medline Industries Inc
6.1.9 Semperit AG Holding
6.1.10 Top Glove Corporation Bhd
6.1.11 American Nitrile
6.1.12 Honeywell International Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Medical Gloves Industry Segmentation
As per the scope of the report, medical gloves are disposable gloves used during medical examinations and procedures to help prevent cross-contamination between caregivers and patients.
The medical gloves market is segmented by type, material, application, and geography. By type, the market is segmented as powdered and non-powdered. By material, the market is segmented as natural rubber gloves, nitrile gloves, vinyl gloves, and other materials. By application, the market is segmented as medical examination, surgery, chemotherapy, and other applications. By geography, the market is segmented as North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
The report offers the value (USD) for the above segments.
| By Type | |
| Powdered | |
| Non-powdered |
| By Material | |
| Natural Rubber Gloves | |
| Nitrile Gloves | |
| Vinyl Gloves | |
| Other Materials |
| By Application | |
| Medical Examination | |
| Surgery | |
| Chemotherapy | |
| Other Applications |
| By Geography | ||||||||
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Medical Gloves Market Research FAQs
What is the current Medical Gloves Market size?
The Medical Gloves Market is projected to register a CAGR of 7.71% during the forecast period (2024-2029)
Who are the key players in Medical Gloves Market?
Top Glove Corporation Bhd, 3M Company, Mckesson Corporation, Cardinal Health, Inc. and B. Braun SE are the major companies operating in the Medical Gloves Market.
Which is the fastest growing region in Medical Gloves Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Medical Gloves Market?
In 2024, the North America accounts for the largest market share in Medical Gloves Market.
What years does this Medical Gloves Market cover?
The report covers the Medical Gloves Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Gloves Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Disposable Medical Gloves Industry Report
Statistics for the 2023 Disposable Medical Gloves market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Disposable Medical Gloves analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
