Kenneth Research recently added a report on ‘Medical Gloves Market’ in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Medical Gloves Market, along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Medical Gloves Market products.
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According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Medical Gloves Market by Product Type (Surgical, Examination, Others), By Raw Material Type (Latex, Nitrile, Vinyl ,Others),By Form(Powdered, Non powdered), By End Users (Hospitals & Clinics , Ambulatory Surgical Centers, Diagnostic Centers, Others), By Region (North America, Europe, Asia Pacific, Rest of the world) and By Country (U.S., Canada, Germany, France, United Kingdom, India, Japan China, Brazil, Saudi Arabia)
According to research report “Global Medical Gloves Market by Product Type (Surgical, Examination, Others), By Raw Material Type (Latex, Nitrile, Vinyl, Others), By Form (Powdered, Non powdered), By End Users (Hospitals & Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Others) – By Region, By Country (2018 Edition) – Forecast to 2023)” global market is projected to display a robust growth represented by a CAGR of 7.92 % during 2018 – 2023.
The segment of Examination medical Gloves witnessed growth at a noteworthy rate over the past few years and is expected to grow in the forecast period on the back of rising awareness regarding healthcare associated infections, rising healthcare expenditures along with rising number of hospitals. Amongst the regions, North America accounts for the largest regional share in the global medical gloves market in 2018. Key factors driving the robust growth rate of North America region include Well developed healthcare infrastructure, stringent policy and regulation regarding personal protective equipment, rising number of surgical procedures in the region.
The report titled “Global Medical Glove Market by Product Type (Surgical, Examination, Others), By Raw Material Type (Latex, Nitrile, Vinyl, Others), By Form (Powdered, Non- Powdered), By End Users (Hospitals & Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Others)– By Region, By Country (2018 Edition) – Forecast to 2023)” has covered and analyzed the potential of Global Medical Gloves Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global medical gloves. Additionally, the report also highlights market entry strategies for various companies across the globe.
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Global Medical Gloves Market (Actual Period: 2013-2017, Forecast Period: 2018-2023
- Global Medical Gloves Market – Size and Growth
- By Product Type – Surgical, Examinations, Others
- By Raw Material Type – Latex, Nitrile, Vinyl, Others
- By Form – Powdered, Non-Powdered
- By End Users – Ophthalmology Center, Ophthalmic Centre & Optometrist Offices, Others
Regional Markets – North America, Europe, APAC and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
- Medical Gloves Market – Size and Growth
- By Product Type – Surgical, Examinations, Others
- By Raw Material Type – Latex, Nitrile, Vinyl, Others
- By Form – Powdered, Non-Powdered
- By End Users – Ophthalmology Center, Ophthalmic Centre & Optometrist Offices, Others
Country Analysis – U.S., Canada, Germany, France, United Kingdom, India, Japan China, Brazil, Saudi Arabia (Actual Period: 2013-2017, Forecast Period: 2018-2023)
- Medical Gloves Market – Size and Growth
- By Product Type – Surgical, Examinations, Others
- By End Users – Ophthalmology Center, Ophthalmic Centre & Optometrist Offices, Others
Other Report Highlights
- Market Dynamics – Drivers and Restraints
- Market Trends
- Porter Five Force Analysis
- Policy and Regulatory Landscape
- Company Analysis – Ansell, Cardinal Health, Top Glove Corporation, Hartalega, Supermax corporation, Cypress Medical. Halyard Health
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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