Medical Gloves Market to reach more in coming year according to key playe

Posted by Vinit on January 14th, 2021

Medical Gloves Market Outlook

Rising cases of infectious diseases and initiatives by governments and reputed healthcare organizations are expected to favor market growth. The surge in the number of surgeries and the large geriatric populace being admitted in emergency wards can warrant the use of medical gloves.

The global medical gloves market size was estimated at USD 8,638.19 million in 2019 and is expected to reach USD 17,399.81 million by the end of 2027. It is predicted to grow at a CAGR of 8.73% over the forecast period.

It can face a huge demand during the forecast period owing to the outbreak of the COVID-19 pandemic. The unknown transmission route of the virus can lead to mass procurement among the mass populace and medical staff as well. They can act as a barrier between bacteria and hands and halt its transmission. Concerns of safety and hygiene among workers across industries and the common populace are likely to trigger the demand for medical gloves.

Medical gloves are used as personal protective equipment during medical examinations or surgical procedures. They are used as a precautionary measure against the spread of infections and illnesses. The global medical gloves market report by Market Research Future (MRFR) takes a look at the improvements in such gears and its response to the COVID-19 pandemic. The report contains drivers, challenges, trends, opportunities, and threats for the period of 2020 to 2027 (forecast period).

Medical Gloves Market Segmentation

The global medical gloves market is segmented by product type, usage, raw material, form, and end-user.

By product type, it is segmented into chemotherapy, surgical, and examination. Surgical gloves are expected to control a major share of the market. This can be attributed to its use by surgeons and healthcare staff to prevent the chances of transmission of bacteria and other germs. However, examination gloves are deemed to command a large demand share during the forecast period due to their need in non-invasive examinations.