Medical Gloves Market Size, Product Trends, Key Companies, Revenue Share Analysis to 2027

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Market Research Future (MRFR) assessed the global medical gloves market from 2021 to 2027. According to MRFR data, the global medical gloves market is expected to grow at 8.73% CAGR during the study period (from 2020 to 2027). By 2027, the global medical gloves market value may reach USD 17,399.81 million by 2027 from USD 8,638.19 million in 2019.

Market drivers and restraints

Medical professionals use medical gloves during medical examinations or when performing any type of medical procedure. The increase in the number of patients undergoing such procedures is driving the sales of medical gloves, which may drive the market up. Medical gloves are disposable to prevent cross contamination between doctors, patients and other caregivers. They create a barrier between germs and the skin of the hands, increasing safety and maintaining hygiene. They are usually made from rubbery materials, such as; neoprene, latex, vinyl and nitrile. The easy availability of raw materials and their affordable price in the production of medical gloves can benefit the market. Furthermore, the incorporation of disruptive technologies to improve production capacity and efficiency and the ramping up of R&D companies for innovative studies to have better solutions can support the expansion of the market in the near future. . The increase in the occurrence of acute and chronic diseases increases the demand for medical care, which in turn increases the need for medical gloves which can work in favor of the market.

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The outbreak of the COVID-19 pandemic is seen as a surge in demand for personal protective equipment, such as medical gloves, among healthcare providers. However, declining production due to declining workforce and supply chain issues may limit the growth of the medical gloves market.

Segment assessment of the medical gloves market

The medical gloves market segment study is based on product type, raw material, usage, form and end user.

The medical gloves market segments based on product types are examination, chemotherapy and surgery. The surgical segment can grow at a decent rate by 2027.

Segments of the medical gloves market based on usage are reusable and disposable. The reusable segment is likely to register a decent market.

The shape-based segments of the medical gloves market are powder-free and powder-coated. The powder-free segment may grow at a high CAGR by 2027.

The medical gloves market segments based on raw materials are vinyl rubber, latex, nitrile rubber, neoprene and polyethylene. The latex segment is expected to drive the rise of the market in the near future. The high durability of nitrile provides better grip in oily, dry and wet environments. Thus, the increase in nitrile gloves may cause the increase in the nitrile segment.

The segments of the global medical device market based on end users are hospitals and clinics, ambulatory surgery centers and diagnostic centers. Ambulatory surgery centers provide facilities for safe same-day procedures and are equipped with the necessities, such as face masks, gowns, goggles, and medical masks, among others. This is expected to help drive the market higher in the coming years. Thus, the segment can register a decent expansion rate by 2027.

Regional Analysis of the Medical Gloves Market

Americas are expected to secure the largest share of the medical gloves market. The increase in COVID 19 cases creates the need for medical gloves to prevent cross-contamination and limit the impact of infection. In Europe, the medical gloves market is expected to hold a considerable share of the global market over the analysis period. Increasing medical examinations to increase the number of patients and enforcing strict regulations to control cross-contamination in hospitals can boost the growth of the European medical gloves market. In Asia-Pacific, the medical gloves market is likely to flourish in the near future owing to the strong medical foundation. Developments in healthcare industries improving the quality of medical care and increasing prevalence of surgical practices may aid in the expansion of the market in the coming years. In the Middle East and Africa, increasing safety concerns and hygiene standards amid global pandemics are changing safety protocols in medical centers. This translates into the growing usefulness of biosecurity gear, such as; medical gloves. This can support the growth of the market in the Middle East and Africa region.

Key players in the medical gloves market

Glove Corporation Berhad, BraunMelsungen AG, Rubberex Corp. M Bhd, Supermax Corporation Berhad, Semperit AG Holding, Mckesson Corporation, Cardinal Health, Inc., Medline Industries, Inc., Dynarex Corporation, Ansell Limited, Microflex Corporation and Cypress Medical Products LLC are reputable companies in the medical glove market listed by the MRFR.

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