Global Market Study on Medical and Industrial Gloves: Innovation to Support Continued Dominance of Disposable Examination Gloves


Medical And Industrial Gloves  Market
  • Published On : Jun-2018 |
  • Pages : 270 Pages |
  • Format :

This Persistence Market Research (PMR) report examines the global medical and industrial gloves marketfor the period 2018–2026. The primary objective of the report is to offer insights into market opportunity for medical and industrial gloves and developments in medical and industrial gloves market.

The global medical and industrial gloves market has seen tremendous growth in last decade with increasing number of surgeries in the global market. The market for medical and industrial gloves is primarily driven by increase in demand for disposable examination gloves and disposable industrial gloves, increase in number of surgeries and rise in cases of hospital acquired infection. However, increasing disposable waste and environmental damage remain to be the biggest challenge in the market.

The global medical and industrial gloves market has been segmented on the basis of:

  • Product
  • End User
  • Region

The report analyses global medical and industrial gloves market in terms of value (US$ Mn). Report begins with the market definition and explaining different product types, applications and end users. The market view point section includes PMR’s analysis on key trends, drivers, opportunities, trends and macro factors influencing global market. Porter’s Analysis provides a view point for the market barriers.

The report analyses market based on regions and presents the forecast in terms of value for the next 8 years. Regions covered in the report include:

  • North America
  • Latin America
  • Europe
  • China
  • Asia Pacific except China
  • Middle East and Africa (MEA)

Each of these section analyses regional market by product, end users and country. Representative market participants section gives list of companies operating in every region, competitive landscape and intensity map of their presence in each region.

To arrive at the market size, we have used our in-house procedure volume model, market share and market structure model to estimate medical and industrial gloves market size. We adopt bottom-up approach to forecast medical and industrial gloves market globally. The following parameters are used to estimate the market size for the base year 2017:

  • Country level consumption of medical & industrial gloves
  • Average cost of medical & industrial gloves

Weighted average selling price is considered to estimate the market size of medical & industrial gloves mentioned in the scope of the study. The country price is captured with the local currency. The local currency figures is then converted to USD to offer forecasts in a consistent currency standard. Furthermore, PMR also considered the latest annual exchange rate to reflect the impact of the most recent economic conditions of country. Prices considered in the models are standardized based on the average dosage recommended per procedure.

The forecast presented in the report provides total revenue of currently approved botulinum toxin products over 2018–2026. In addition, we have taken into consideration the year-on-year growth to understand the predictability of the market and to identify the right growth opportunities in the global market.

In the next section of the report, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and to access the key differentiators among the competitor firms. Market structure analysis provides tier wise breakdown of total market revenue. The section also provides company share analysis for key market players. This section is primarily designed to provide clients with an objective and detailed comparative assessment of product offerings and strategies of key providers specific to a market segments. Detailed profiles of players in medical and industrial gloves market are also provided in the report which highlights company overview, product/segment overview, SWOT analysis, financial information, key developments related to market and strategic overview.

The next section of report analyses the market based on application and presents the forecast in terms of value for the next 8 years. Market segmentation of medical & industrial gloves covered in the report include:

  • Product Type
  • Reusable Gloves
    • Fabric Supported Gloves
      • Natural Rubber (NR)
      • Nitrile Rubber (NBR)
      • Polyvinyl chloride (PVC)
      • Polyurethane (PU)
    • Industrial & Household Gloves
      • Natural Rubber (NR)
      • Nitrile Rubber (NBR)
      • Neoprene
      • Polyvinyl chloride (PVC)
    • Disposable Examination Gloves
      • Natural Rubber (NR)
        • Powdered Gloved
        • Non Powdered Gloves
      • Nitride Rubber (NBR)
      • Polyvinyl Chloride (PVC)
    • Surgical Gloves
      • Natural Rubber (NR)
        • Powdered Gloved
        • Non powdered Gloved
      • Synthetic
      • Chloroprene
      • Isoprene 
    • Disposable Industrial Gloves

The next section of report analyses the market based on End Users for botulinum toxin products and provides forecast in terms of value for the next 8 years. End Users covered in this report include:

  • Medical Sector
    • Acute Care
    • Laboratory Services
    • Research Services
  • Non-Medical Sector
    • Food Processing
    • Commercial Manufacturing
    • Cleanroom Application
    • Household Application

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective of the products. To understand key growth segments, Persistence market Research provides the ‘Attractiveness Index’ analysis which helps client to identify real market opportunities.

Growing Usage in Non-medical Sectors to Create Promising Prospects for Medical & Industrial Gloves

Medical and industrial gloves, which are predominantly used in the medical sector to prevent cross contamination during medical examination and various treatment procedures, are also widely used in non-medical sectors such as in food processing, commercial manufacturing, cleanroom application, and household application. Medical and industrial gloves are used in industries to avoid workplace accidents and awareness regarding health hygiene and safety. Disposable gloves that are specifically designed for industry and examination purpose, are used along with the reusable and surgical gloves.

Disposable Medical & Industrial Gloves Continue to Reign Supreme through 2026

Among all the product types, disposable examination gloves clearly dominated the global market with more than 71% share of the total revenue attained in 2017. Global medical & industrial glove market is expected to be driven by growing number of end-users, increasing per capita healthcare expenditure, and increase in number of surgeries. Over the past few years the market for medical & industrial gloves has seen tremendous growth due to innovation in medical gloves. Disposable examination gloves segment dominated the global medical and industrial gloves market in 2017 and is expected to continue to do so owing to increase in demand of nitrile gloves.

medical-and-industrial-gloves-market.jpg

Globally, disposable examination gloves will continue to gather the highest traction, which has been primarily attributed to the rising demand for specific type of disposable gloves, including natural rubber, non-powdered, and non-allergic disposable gloves. Moreover, easy-to-use disposable gloves are also high in demand, eventually contributing to the performance of disposable gloves in the global market for medical and industrial gloves, during the projection period.

Medical sector takes the largest share in the end users segment, with fostering usage of gloves in acute care, laboratory services, and research services. Drastic rise in cases of hospital acquired infections will also encourage the demand for medical and industrial gloves in near future. Ban on powdered gloves and escalating reuse of disposable gloves are some of the challenges restricting the adoption of medical & industrial gloves in the market.

APAC Predicted as Most Lucrative Market, Majorly Supported by Medical Tourism

A recent research on the global market for medical and industrial gloves estimates that the global market for medical & industrial glove is expected to surpass US$ 12,868.6 Mn by 2026 end, expanding at an impressive CAGR of 7.9% over 2018–2026. As indicated by regional analysis, Asia Pacific is expected to remain the most attractive market for medical and industrial gloves, witnessing robust expansion at the highest rate over the eight-year forecast period, 2018-2026. While North America accounts for a leading revenue share in the global market for medical and industrial gloves, Asia Pacific is foreseen to thrive rapidly due to increasing medical tourism, creating a heap of business opportunities in the coming years.

Company Profile

  • Ansell
  • Comfort Rubber Gloves Industries Sdn Bhd
  • Top Glove Corporation Bhd
  • Rubberex
  • Cardinal Health, Inc.
  • B.Braun Melsungen AG
  • Kossan Rubber Industries Bhd
  • Semperit AG Holding
  • Hartalega Holdings Berhad
  • Supermax Corporation Berhad.
  • Others.
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