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Medical Gloves Market Size (2024 - 2029)

The medical gloves market is anticipated to experience growth driven by factors such as an increase in hospital visits, surgeries, and the rising incidence of infections. The pandemic significantly boosted demand due to the heightened use of gloves to prevent infections, although this demand has slightly declined post-pandemic. Improvements in healthcare infrastructure in developing countries and initiatives by key market players to enhance production are also contributing to market expansion. However, challenges such as the presence of counterfeit products and risks associated with improper glove disposal may impede market growth.

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Market Size of Medical Gloves Industry

Medical Gloves Market Summary
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

Medical Gloves Market 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 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
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America
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Medical Gloves Market Size Summary

The medical gloves market is poised for significant growth, driven by factors such as the increasing number of hospital visits, surgeries, and the rising incidence of infections. The COVID-19 pandemic played a pivotal role in amplifying the demand for medical gloves, as their use became essential in preventing infections among healthcare professionals and the general public. This surge in demand led to a temporary depletion of supply, but post-pandemic, the market experienced a slight decline as the heightened usage in everyday activities diminished. However, the ongoing improvement of healthcare infrastructure in developing countries and the growing awareness of medical facilities are contributing to a steady increase in hospital visits and surgeries, which in turn is expected to bolster market growth. Additionally, initiatives by key market players, such as collaborations to expand domestic production of nitrile exam gloves, are further propelling the market forward.

In the oncology sector, the demand for chemotherapy-grade gloves is anticipated to rise due to the increasing incidence of cancer, necessitating the use of protective gloves to minimize exposure to chemotherapy drugs. The North American market, in particular, is expected to witness substantial growth, supported by a robust healthcare infrastructure and proactive measures by market players to meet the surging demand for medical gloves. The competitive landscape is characterized by numerous local and global players, with companies like Top Glove Corporation Bhd, 3M Company, and Cardinal Health Inc. actively engaging in initiatives such as product launches and strategic agreements to enhance supply assurance. These dynamics, coupled with the rising need for medical gloves in various healthcare settings, are set to drive the market's expansion over the forecast period.

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Medical Gloves Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rise in Number of Hospital Visits and Surgeries

      2. 1.2.2 Increasing Incidence of Infections

    3. 1.3 Market Restraints

      1. 1.3.1 Presence of Counterfeit and Sub-standard Gloves in the market

      2. 1.3.2 Potential Risk of Contamination due to Inappropriate Disposal of Gloves

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD)

    1. 2.1 By Type

      1. 2.1.1 Powdered

      2. 2.1.2 Non-powdered

    2. 2.2 By Material

      1. 2.2.1 Natural Rubber Gloves

      2. 2.2.2 Nitrile Gloves

      3. 2.2.3 Vinyl Gloves

      4. 2.2.4 Other Materials

    3. 2.3 By Application

      1. 2.3.1 Medical Examination

      2. 2.3.2 Surgery

      3. 2.3.3 Chemotherapy

      4. 2.3.4 Other Applications

    4. 2.4 By Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle East & Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle East & Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Medical Gloves Market Size FAQs

The Medical Gloves Market is projected to register a CAGR of 7.71% during the forecast period (2024-2029)

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.

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