DISPOSABLE MEDICAL GLOVES MARKET ANALYSIS

Global Disposable Medical Gloves Market: Regional Insights

Based on region, the global disposable medical gloves market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, North America is expected to gain highest share in the market during the forecast period owing to the increasing prevalence of chronic disease, rising number of surgical procedures, outbreak of COVID-19 and increasing demand for disposable medical gloves in this region. For instance, rise in burden of COVID-19 in the United States increased the use of PPE kits, disposable gloves, and disposable face masks to curb the spread of the virus. According to the World Health Organization (WHO), in United States of America, from 3 January 2020 to 8:20am CEST, 19 July 2023, there have been 103,436,829 confirmed cases of COVID-19 with 1,127,152 deaths.

Europe and Asia Pacific is also expected to witness robust growth in the global disposable medical gloves  market due to the rise in burden of chronic disease, the outbreak of COVID-19, increasing number of surgical procedures, and increasing demand for disposable gloves in these regions. For instance, owing to such a high burden of chronic diseases, the number of surgical procedures is on the rise and this in turn is expected to increase demand for disposable medical gloves. According to WHO, Chronic diseases are the leading cause of mortality and morbidity in Europe, accounting for 86% of total premature deaths, and the burden is likely to grow

Global Disposable Medical Gloves Market Drivers:

High prevalence of chronic diseases to propel market growth

One of the key factors expected to augment growth of the global disposable medical gloves  market during the forecast period is the increasing prevalence of chronic diseases across the world. Such a high burden of chronic diseases (such as cardiovascular diseases and cancer) leads to an increased number of surgical procedures and is expected to augment the growth of the market. According to the U.S. Centers for Disease Control and Prevention (CDC), chronic diseases such as heart disease, cancer, and diabetes are the leading causes of death and disability in the United States. This in turn is expected to increase demand for disposable medical gloves in the region

Increasing number of surgical procedures to drive market growth

Another factor which is driving the growth of the global disposable medical gloves  market is the increasing number of surgical procedures  across the globe. For instance, with the rising number of surgical procedures, the use or demand for disposable medical gloves is also increasing with rapid pace. According to the National Center for Biotechnology Information (NCBI), worldwide, around 310 million major surgeries are performed each year; around 40 to 50 million in the United States and over 20 million in Europe. The volume of surgical procedures is rising worldwide, positively impacting the growth of the global disposable medical gloves  market

Global Disposable Medical Gloves Market Opportunities:

The outbreak of COVID-19 (global pandemic) is expected to offer significant growth opportunities for players in the global disposable medical gloves  market. For instance, huge number of COVID-19-affected people across the globe increased the usage of disposable gloves to curb the spread of the coronavirus (COVID-19). According to the World Health Organization (WHO), globally, as of 8:20am CEST, 19 July 2023, there have been around 768,237,788 confirmed cases of COVID-19, including 6,951,677 deaths. Moreover, the pandemic increased the cases of hospital-acquired infections, which in turn increased the use of disposable medical gloves

Increasing demand for disposable medical gloves  across the world is expected to offer significant growth opportunities for players in the global disposable medical gloves  market. For instance, with the rise in burden of chronic disease and increasing number of surgical procedures, the demand for disposable medical gloves is also increasing rapidly. In May 2022, Globus Group announced the launch of the ultimate range of single-use gloves. With a strong heritage in producing high-quality hand protection, Globus Group has introduced these premium, 100% nitrile gloves for users across industries, synonymous with quality, innovation, and value

Global Disposable Medical Gloves  Market Trends:

High demand for biodegradable gloves is a recent trend

Each year, over 1.4 billion tonnes of disposable gloves are used worldwide in the healthcare sector, food industry and by the general consumer. The gloves are used only once and cannot be degraded, which in turn contribute to environmental pollution. Biodegradable gloves are the biodegradable alternative to a traditional disposable glove, while meeting all the required quality and certification parameters. Hence, there is an increasing demand for biodegradable gloves around the world and this trend is expected continue over the forecast period

Introduction of novel products is another trend

Market players are focusing on developing and launching novel products in the market to meet the increasing demand for disposable medical gloves. In June 2022, Eastwest Medico ApS announced the launch of first biodegradable disposable gloves. PROSENSO Biodegradable Nitrile Gloves is a brand new and revolutionary nitrile glove product. The gloves are made from a new and unique NBR (Nitrile Butadiene Rubber) formula that allows gloves to degrade during a microbial process in aerobic and anaerobic environments at landfills