Disposable Medical Examination Gloves Market size is forecast to reach $5.32 billion by 2025, growing at a CAGR of 6.31% during the forecast period 2020-2025. There are various types of medical examinations in the healthcare sector, like auscultation, autopsy, biopsy, bronchoscopy, cardiac catheterization and colposcopy. In order to carry out a safe and hygienic test, medical examination gloves are essential. The gloves protect both the healthcare professionals and the patient from the spread of infection or illness during medical examinations. Hence, gloves are a part of the infection-control strategy. Disposable Medical Examination Gloves are used in most types of medical examinations owing to increasing incidences of viral infection transmission and hygiene regulations by the government. Demand of medical examinations for treatment of major diseases and recent outbreak of novel coronavirus (COVID-19) has resulted in a surge in demand of Disposable Medical Examination Gloves across the globe. Various types of disposable medical examination gloves, such as AMMEX powder free nitrile gloves, are FDA approved for medical use and provide excellent strength, durability, and barrier protection against blood-borne pathogens and other environmental contaminants. Major healthcare investments by big firms and product variation launches by key glove manufacturers like Ansell Limited are some other factors driving the growth of the market.
Material – Segment Analysis
Natural rubber gloves held the largest share in the material segment of Disposable Medical Examination Gloves Market in 2019 and is estimated to grow at a CAGR of 5.2% during the forecast period 2020-2025. There are certain advantages of natural rubber (latex) gloves which make them more favorable for use in various medical examinations. These advantages include better grip and fitting for hands, and smoother feel. Low costs have resulted in economic medical testing procedures, hence driving the demand of natural rubber gloves. Owing to rising prevalence of infectious diseases and coronavirus (COVID-19) in 2020, the demand of natural rubber gloves has seen a great surge across the healthcare market in almost every region of the gloves market. Nitrile segment secured the second largest share in 2019, owing to stronger barrier of protection and better chemical resistance of nitrile gloves. Nitrile rubber gloves are much more resistant than latex gloves to chemicals, oils and acids, and have superior strength. Vinyl Gloves maintained a steady growth in 2018-19. This is owing to several advantages of vinyl gloves, such as being allergies or reaction-proof and cost-effectiveness of the gloves. They are usually made from polyvinyl chloride (PVC). However, Nitrile gloves is set to be the fastest growing segment and is set to register the highest CAGR during the forecast period 2020-2025, owing to increase in its usage in clinical units and hospitals and other healthcare centers owing to lower costs and more reliability.
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End User – Segment Analysis
Hospitals hold the major share in the end user segment of Disposable Medical Examination Gloves Market in 2019. Improving healthcare infrastructure in developing countries like India and Malaysia have helped in financial growth of hospitals. As a result, there is a surge in medical examinations done in hospitals in recent years, which in turn has led to demand of disposable medical examination gloves in hospitals. This has driven the growth of the hospitals segment in Disposable Medical Examination Gloves Market. Clinics have accounted for the second largest market share in this segment in the year 2019, owing to establishments in providing better services of medical examinations and other outpatient care services. Hygienic requirements are also very well fulfilled in clinical units. Hospital segment is poised to continue dominating the market with the highest CAGR during the forecast period 2020-2025, owing to increasing investment in hygiene by hospitals and growing financial power for purchasing products of Disposable Medical Examinations Market.
Geography – Segment Analysis
North America dominates the Disposable Medical Examination Gloves Market 2019, with a share of more than 41.7% in 2019, followed by Europe. Growing awareness about prevention of healthcare associated infections, rising demand for medical examinations before surgeries and presence of large number of glove suppliers and distributors in the region have fuelled the market growth in this region. Growing concerns on fighting the global pandemic COVID-19 and higher number of affected cases have led to a sudden demand of Disposable Medical Examination Gloves in the healthcare sector. As of 2019, there is a large section of the geriatric population in the U.S. whose healthcare depends on medical tests and checkups. This has further helped in the growth of Disposable Medical Examination Gloves Market infrastructure. Europe held the second largest share in 2019, owing to presence of a well-developed healthcare sector and sudden requirement of hygienic and infection less healthcare services amidst the rapid growth of COVID-19 pandemic.
However, Asia-Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025. This is owing to rising prevalence of the viral diseases, growing incidences of global pandemic COVID-19 and increasing healthcare infrastructure in developing countries like China and India.
Drivers – Disposable Medical Examination Gloves Market
Growing prevalence of viral transmission and global pandemic COVID-19
Since January 2020, 25 million affected cases of the novel coronavirus have been found and tested worldwide, with total fatality rate of 171,000. Rapidly spreading viral infections need to be combated with proper healthcare awareness and safety. Since medical examinations are required for coronavirus testing as well as other health disorders, there is a sudden increase in demand of medical examination gloves. Disposable medical examination gloves are of top preference, owing to concerns on virus transmission. This has put a pressure on the governments and state funds for investing in more hygienic healthcare facilities, which also included Disposable Medical Examination Gloves which are required during testing of COVID-19.
Key product launches by major market players
There has been a variety of product launches by key market players in recent years. Ansell announced the launch of MICROFLEX MidKnight XTRA, a nitrile exam glove that had been tested against both fentanyl and gastric acid to simulate real-world overdose situations. Semperit Group launched Sempercare nitrile skin², Sempermed classic and Sempercare nitrile sterile, a group of varietal usage medical examination gloves. These launches are attributed to the growing demand of medical examination gloves, and are set to drive the market growth during the forecast period 2020-2025.
Challenges – Disposable Medical Examination Gloves Market
Rise in unauthorized medical testing
In recent years, there has been a substantial rise in number of unauthorized healthcare units. In March 2020, counterfeit facemasks, substandard hand sanitizers and unauthorized antiviral medication were all seized under Operation Pangea XIII, in which police, customs and health regulatory authorities from 90 countries took part in collective action against the illicit online sale of medicines and medical products. Also, unnecessary tests, scans, procedures and surgeries are affecting patients and hamper the growth of Disposable Medical Examination Gloves Market during the forecast period 2020-2025.
Disposable Medical Examination Gloves Market Outlook
Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Disposable Medical Examination Gloves Market. In 2019, Disposable Medical Examination Gloves Market share is consolidated by the top players present in the market. Disposable Medical Examination Gloves Market top 10 companies are Ansell Ltd, Cardinal Health, Inc, Dynarex Corporation, Hartalega Holding Bhd, Kossan Rubber Industry Ltd, Rubberex Corporation Bhd, Semperit Ag Holding, Top Glove Corporation Bhd and Supermax Corporation Bhd among others.
In March 2020, Ansell and Modjoul joined forces to develop data-driven safety equipment. This would primarily focus on workplace safety, to develop hand protection solutions addressing motion-ergonomics.
In March 2019, Ansell announced the launch of MICROFLEX MidKnight XTRA, a nitrile exam glove that had been tested against both fentanyl and gastric acid to simulate real-world overdose situations.
In June 2018, Semperit Group launched Sempercare nitrile skin, Sempermed classic and Sempercare nitrile sterile.
In January 2018, Top Glove acquired Adventa Capital unit for $345 Million. This would help Top Glove in expanding its market.
North America dominated the Disposable Medical Examination Gloves Market in the year 2019 owing to growing prevalence of viral infections, presence of well-developed healthcare infrastructure and increasing medical examinations in the healthcare sector. The Disposable Medical Examination Gloves Market scope for different regions will be provided in the final report.
Rapidly spreading cases of COVID-19 global pandemic, rising prevalence of viral infections and more stress on hygienic medical tests have helped in significant growth of Disposable Medical Examination Gloves Market.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Disposable Medical Examination Gloves Market Research report.
Lack of hygiene awareness and unauthorized medical practices in less developed countries are anticipated to hamper the market growth of the Disposable Medical Examination Gloves Industry.
A. Healthcare Supplies Market
B. Disposable Medical Gloves Market
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