Innovations will Boost Medical Gloves Market Growth in the Foreseeable Future

Medical gloves are
disposable or reusable gloves used during medical examination, cleaning, and
surgical procedures to help prevent cross-contamination between caregivers and
patients. These gloves are made from different types of polymer including nitrile
rubber, latex, vinyl, and neoprene. Medical gloves are available in powdered or
in non-powdered form.

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Different types of
medical gloves are available for different uses such as surgical gloves and
examination gloves

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Key Drivers of Global Medical Gloves Market

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Increase in incidence
of major chronic diseases, rise in awareness about safety & sanitation,
stringent regulations about the usage of personal protective equipment (PPE),
surge in number of hospitals in developing countries, and increase in incidence
of hospital-acquired infection are projected to drive the global medical gloves
market during the forecast period. An article published by the Global
Antibiotic Resistance Partnership (GARP) stated that more than 190,000 neonatal
deaths occur due to infections in India each year.

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Increase in number of
patients with coronavirus infection in countries such as the U.S., Italy,
Spain, and India propels demand for medical gloves. Currently, in the U.S.,
around 2.5 million patients have tested positive for coronavirus. In India,
around 474,587 people are suffering from coronavirus. These factors are
anticipated to boost the growth of the global medical gloves market.

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Latex Gloves to be Most Promising Segment

·        
In terms of material,
the global medical gloves market can be categorized into latex, nitrile, vinyl,
and others

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The latex segment
accounted for the largest share of the global medical gloves market in 2019.
The segment is expected to dominate the global market due to broad range of
products available in the market and advantages over other type of gloves.

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Examination Gloves Segment to Witness
Significant Growth

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Based on product type,
the global medical gloves market can be classified into examination gloves,
surgical gloves, and chemotherapy gloves

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The examination gloves
segment accounted for the largest share of the global market in terms of
revenue in 2019 and the trend is likely to continue during the forecast period.
This can be attributed to increase in the number of patients with infectious
diseases. According to the Centers for Disease Control (CDC), in the U.S.,
hospital-acquired infections account for an estimated 1.7 million infections
and 99,000 associated deaths each year.

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Powdered Form to be Most Attractive Segment

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In terms of form type,
the global medical gloves market can be bifurcated into powdered form and
non-powdered form. Powdered form was the largest segment in terms of revenue in
2019. The segment is projected to witness strong growth during the forecast
period, as it helps to avoid the gloves from sticking to each other.

Reusable Gloves to be Most Promising Segment

·        
Based on usage, the
global medical gloves market can be split into reusable and disposable.
Reusable was the largest segment in terms of revenue in 2019. The segment is
anticipated to witness strong growth during the forecast period due to
advantages such as better protection, cost efficiency, reduction in medical
waste, and increasing demand.

Hospitals to be Most Attractive Segment

·        
In terms of end-user,
the global medical gloves market can be divided into hospitals, clinics,
ambulatory surgical centers, diagnostics centers, and others. Hospitals was the
largest segment in terms of revenue in 2019. The segment is expected to witness
strong growth during the forecast period, as most of the surgical procedures
and disease examinations are carried out in hospital setting.

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North America to Dominate Global Medical
Gloves Market

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In terms of region,
the global medical gloves market can be segmented into North America, Europe,
Asia Pacific, Latin America, and Middle East & Africa

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North America
dominated the global medical gloves market in 2019 and the trend is likely to
continue during the forecast period. The region’s dominance can be attributed
to increase in hospital-acquired infection, presence of major players, and
well-established health care system.

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The medical gloves
market in Asia Pacific is anticipated to grow at a rapid pace during the
forecast period owing to increase in adoption of new products and rise in
demand for medical gloves in emerging countries such as India and China