Latex Medical Gloves Market - Forecast(2024 - 2030)

Report Code: HCR 49931 Report Format: PDF + Excel
Latex Medical Gloves Market size is $1.75 billion in 2019, growing at a CAGR of 8.5% during the forecast period 2020-2025. An increase in the prevalence of infections and a rise in the number of surgeries is driving the latex medical gloves market during the forecast period 2020-2025. Latex gloves acts as a barrier to reduce transmission of body fluids and pathogens from patients to hospital personnel and vice versa. They effectively remove contaminants from hands of health care workers or hospital staff from virus, infections and other contaminants. Also, rising importance of hygiene in hospitals as they deal with blood, mucus, sweat, and other bodily fluids from infected patients is further propelling the demand of Latex Medical Gloves Market during the forecast period 2020-2025. 

Key Takeaways
  • Medical gloves are of various types including latex gloves vinyl gloves, nitrile gloves and others based on the material of the gloves. However, latex gloves are the most commonly used ones owing to various advantages of this material over others. 
  • Examination Glove held the largest market in 2019 owing to the rise in the number of infectious and contagious disease.
  • In 2019, North America dominated the Latex Medical Gloves Market owing to the increased health concern among population here along with better health infrastructure.
  • Detailed analysis for the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Latex Medical Gloves Market report.

By Application - Segment Analysis 
By Application, the Examination Glove is forecast to be the fastest growing with a CAGR of 6% during the forecast period 2020-2025. This is owing to increase in the number of infectious and contagious diseases. A huge number of patients with infections and viral diseases significantly contribute to the growth of the segment. Also, diagnosis and treatment of different diseases contributes to the market for examination gloves. These gloves are either sterile or non-sterile and are used in examining patients and handling sensitive materials. Also, these gloves protect wearer from chemicals, biohazards and other potentially dangerous substances whether the user in a healthcare facilities or in any situation where there is a contamination hazards. Furthermore, it is used to protect patients from any cross contamination during medical procedures thereby increasing the demand of latex medical gloves market during the forecast period 2020-2025. 

By End-Use Industry- Segment Analysis
In 2019, Hospitals and Clinics dominated the Latex Medical Gloves Market owing to the increasing number of surgeries and diagnostic tests being performed by them. Besides, the frequency of use and duration of wearing latex gloves among hospital employees had increased with the rising prevalence of infectious diseases. Furthermore, the continual demand for gloves in hospitals, to prevent the spread of infections, is set to increase the market growth. Moreover, the use of Latex gloves in clinics had increased as well. Latex has advantages including elasticity, strength, biodegradability, comfort, flexibility, and fit that make it very commonly used as compared to other materials.  

Geography- Segment Analysis
North America accounts for 35% of the Latex Medical Gloves Market share in 2019. Increasing health concerns among the population along with a better healthcare structure is a major factor propelling its market growth. Furthermore, the presence of major players involved in medical gloves manufacturing and high prevalence of infectious disease coupled with the demand for latex gloves is contributing to its dominance. However, Asia-Pacific is projected to be the fastest growing during the forecast period 2020-2025 owing to rise in production of gloves in countries such as China and India. 

Drivers – Latex Medical Gloves Market

  • Rising awareness of hygiene and safety among health professional
The Rising awareness of hygiene and safety among health professional is a major factor driving the Latex Medical Gloves Market during the forecast period 2020-2025. An increase in the number of surgeries being performed annually and a rise in the number of patients is also contributing to the demand for latex medical gloves. Besides, medical professionals at all levels use disposable gloves commonly for various medical procedures. Also, manufacturing procedures of medical devices and drugs involve a high level of hygiene and handling to prevent contamination.  Thus, the rise in usage of latex gloves by healthcare professionals is said to increase the demand for latex gloves market.

  • Rise in the number of infectious disease
The rise in the number of infectious diseases is a major factor contributing to the growth of the latex medical gloves market during the forecast period 2020-2025. Also, throughout the healthcare industry latex glove use increased as it is considered to be an important control measure for protecting both patients and staff. Furthermore, according to the World Health Organization healthcare worker should either wash their hands or use an alcohol-based hand rub immediately after taking off their gloves and hand hygiene should be adhered to even with glove use to reduce the risk of spreading of germs.

Challenges – Latex Medical Gloves Market

  • Rise in Skin Allergy and Reaction
Rise in skin allergy and reaction with the use of latex gloves is a major factor restraining its market growth during the forecast period 2020-2025. Also, it offers little chemical protection when handling organic solvents. On 19 December 2016, the FDA had also issued a rule banning powdered gloves as they increased risk of illness or injury to those exposed to it. Thus the allergy to latex and resultant discomfort and irritation of these gloves are challenging the growth of the market.

Latex Medical Gloves Market Industry Outlook
Latex Medical Gloves Market top 10 companies are Akonni Biosystems, Bio-Rad Laboratory, Biofire Defense, Bioneer Corp, General Biosystems, MO BIO Laboratory, Primerdesign.  Promega Corporation, Qiagen Inc, and Thermo Fisher Scientific Inc. Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Latex Medical Gloves Market.

Developments:
  • In March 2020, Food and Drugs Administration is collaborating with various manufacturers of medical gloves to facilitate Non-Powdered Latex Gloves for surgical applications to meet rising demand as glove shortages are faced owing to coronavirus pandemic.
  • In March 2020, Anshell acquired 50% share in Malaysian rubber gloves maker Careplus Group Berhad, for obtaining share of its surgical gloves business.

1. Latex Medical Gloves Market Overview
    1.1 Definitions and Scope
2. Latex Medical Gloves Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Product Sterility
    2.4 Key trends by Application
    2.5 Key trends by End-Use Industry
    2.6 Key trends by Distribution Channel
    2.7 Key trends by Geography
3. Latex Medical Gloves Market–Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis -Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Latex Medical Gloves Market - Startup companies Scenario Premium (Premium) 
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Latex Medical Gloves Market– Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Latex Medical Gloves Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Latex Medical Gloves Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Latex Medical Gloves Market– By Product Type(Market Size –$Million/$Billion)
    8.1 Powdered Glove
    8.2 Powder-Free Glove
9. Latex Medical Gloves Market– By Product Sterility(Market Size –$Million/$Billion)
    9.1 Sterile
    9.2 Non-Sterile
10. Latex Medical Gloves Market– By Application(Market Size –$Million/$Billion)
    10.1 Examination Glove
        10.1.1 Disposable
        10.1.2 Non-Disposable
    10.2 Surgical Glove
        10.2.1 Disposable
        10.2.2 Non-Disposable
11. Latex Medical Gloves Market – By End-Use Industry (Market Size –$Million/$Billion)
    11.1 Hospital & Clinics
    11.2 Dental Clinics
    11.3 Ambulatory Surgery Centers
    11.4 Diagnostics Centers
    11.5 Rehabilitation Centers
    11.6 Others
12. Latex Medical Gloves Market – By Distribution-Channel(Market Size –$Million/$Billion)
    12.1 Pharmacies
    12.2 Retailers
    12.3 Online
    12.4 Others
13. Latex Medical Gloves Market - By Geography (Market Size -$Million/$Billion)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 U.K.
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Rest of Europe
    13.3 Asia-Pacific
        13.3.1 China
        13.3.2 Japan
        13.3.3 South Korea
        13.3.4 India
        13.3.5 Australia & New Zealand
        13.3.6 Rest of APAC
    13.4 Rest of the World
        13.4.1 Middle East
        13.4.2 Africa
        13.4.3 South America
14. Latex Medical Gloves Market- Entropy
15. Latex Medical Gloves Market – Industry/Segment Competition Landscape (Premium) 
    15.1. Market Share Analysis
        15.1.1 Global Market Share – Key Companies
        15.1.2 Market Share by Region – Key companies
        15.1.3 Market Share by Country- Key companies
        15.1.4 Best Practices for Companies
16. Latex Medical Gloves Market – Key Company List by Country Premium (Premium)
17. Latex Medical Gloves Market Company Analysis
    17.1 Company Revenue, Products, M&A, Developments
    17.2 Company 1
    17.3 Company 2
    17.4 Company 3
    17.5 Company 4
    17.6 Company 5
    17.7 Company 6
    17.8 Company 7
    17.9 Company 8
    17.10 Company 9
    17.11 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Global Latex Medical Glove Market, By Type Market 2023-2030 ($M)
1.1 Examination Glove Market 2023-2030 ($M) - Global Industry Research
1.2 Surgical Glove Market 2023-2030 ($M) - Global Industry Research
2.Global Global Latex Medical Glove Market, By Form Market 2023-2030 ($M)
2.1 Powdered Form Glove Market 2023-2030 ($M) - Global Industry Research
2.2 Powder-Free Form Glove Market 2023-2030 ($M) - Global Industry Research
3.Global Hospital Use Market 2023-2030 ($M)
4.Global Global Latex Medical Glove Market, By Type Market 2023-2030 (Volume/Units)
4.1 Examination Glove Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Surgical Glove Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Global Latex Medical Glove Market, By Form Market 2023-2030 (Volume/Units)
5.1 Powdered Form Glove Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Powder-Free Form Glove Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Hospital Use Market 2023-2030 (Volume/Units)
7.North America Global Latex Medical Glove Market, By Type Market 2023-2030 ($M)
7.1 Examination Glove Market 2023-2030 ($M) - Regional Industry Research
7.2 Surgical Glove Market 2023-2030 ($M) - Regional Industry Research
8.North America Global Latex Medical Glove Market, By Form Market 2023-2030 ($M)
8.1 Powdered Form Glove Market 2023-2030 ($M) - Regional Industry Research
8.2 Powder-Free Form Glove Market 2023-2030 ($M) - Regional Industry Research
9.North America Hospital Use Market 2023-2030 ($M)
10.South America Global Latex Medical Glove Market, By Type Market 2023-2030 ($M)
10.1 Examination Glove Market 2023-2030 ($M) - Regional Industry Research
10.2 Surgical Glove Market 2023-2030 ($M) - Regional Industry Research
11.South America Global Latex Medical Glove Market, By Form Market 2023-2030 ($M)
11.1 Powdered Form Glove Market 2023-2030 ($M) - Regional Industry Research
11.2 Powder-Free Form Glove Market 2023-2030 ($M) - Regional Industry Research
12.South America Hospital Use Market 2023-2030 ($M)
13.Europe Global Latex Medical Glove Market, By Type Market 2023-2030 ($M)
13.1 Examination Glove Market 2023-2030 ($M) - Regional Industry Research
13.2 Surgical Glove Market 2023-2030 ($M) - Regional Industry Research
14.Europe Global Latex Medical Glove Market, By Form Market 2023-2030 ($M)
14.1 Powdered Form Glove Market 2023-2030 ($M) - Regional Industry Research
14.2 Powder-Free Form Glove Market 2023-2030 ($M) - Regional Industry Research
15.Europe Hospital Use Market 2023-2030 ($M)
16.APAC Global Latex Medical Glove Market, By Type Market 2023-2030 ($M)
16.1 Examination Glove Market 2023-2030 ($M) - Regional Industry Research
16.2 Surgical Glove Market 2023-2030 ($M) - Regional Industry Research
17.APAC Global Latex Medical Glove Market, By Form Market 2023-2030 ($M)
17.1 Powdered Form Glove Market 2023-2030 ($M) - Regional Industry Research
17.2 Powder-Free Form Glove Market 2023-2030 ($M) - Regional Industry Research
18.APAC Hospital Use Market 2023-2030 ($M)
19.MENA Global Latex Medical Glove Market, By Type Market 2023-2030 ($M)
19.1 Examination Glove Market 2023-2030 ($M) - Regional Industry Research
19.2 Surgical Glove Market 2023-2030 ($M) - Regional Industry Research
20.MENA Global Latex Medical Glove Market, By Form Market 2023-2030 ($M)
20.1 Powdered Form Glove Market 2023-2030 ($M) - Regional Industry Research
20.2 Powder-Free Form Glove Market 2023-2030 ($M) - Regional Industry Research
21.MENA Hospital Use Market 2023-2030 ($M)

LIST OF FIGURES

1.US Latex Medical Gloves Market Revenue, 2023-2030 ($M)
2.Canada Latex Medical Gloves Market Revenue, 2023-2030 ($M)
3.Mexico Latex Medical Gloves Market Revenue, 2023-2030 ($M)
4.Brazil Latex Medical Gloves Market Revenue, 2023-2030 ($M)
5.Argentina Latex Medical Gloves Market Revenue, 2023-2030 ($M)
6.Peru Latex Medical Gloves Market Revenue, 2023-2030 ($M)
7.Colombia Latex Medical Gloves Market Revenue, 2023-2030 ($M)
8.Chile Latex Medical Gloves Market Revenue, 2023-2030 ($M)
9.Rest of South America Latex Medical Gloves Market Revenue, 2023-2030 ($M)
10.UK Latex Medical Gloves Market Revenue, 2023-2030 ($M)
11.Germany Latex Medical Gloves Market Revenue, 2023-2030 ($M)
12.France Latex Medical Gloves Market Revenue, 2023-2030 ($M)
13.Italy Latex Medical Gloves Market Revenue, 2023-2030 ($M)
14.Spain Latex Medical Gloves Market Revenue, 2023-2030 ($M)
15.Rest of Europe Latex Medical Gloves Market Revenue, 2023-2030 ($M)
16.China Latex Medical Gloves Market Revenue, 2023-2030 ($M)
17.India Latex Medical Gloves Market Revenue, 2023-2030 ($M)
18.Japan Latex Medical Gloves Market Revenue, 2023-2030 ($M)
19.South Korea Latex Medical Gloves Market Revenue, 2023-2030 ($M)
20.South Africa Latex Medical Gloves Market Revenue, 2023-2030 ($M)
21.North America Latex Medical Gloves By Application
22.South America Latex Medical Gloves By Application
23.Europe Latex Medical Gloves By Application
24.APAC Latex Medical Gloves By Application
25.MENA Latex Medical Gloves By Application
26.Thermo Fisher Scientific Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Promega Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Primerdesign, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Bioneer Corp, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.General Biosystems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Biofire Defense, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Mo Bio Laboratory, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Bio-Rad Laboratory, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Akonni Biosystems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Qiagen Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)