Health

Disposable Gloves Market to Witness Enhanced Growth During 2018-2026

Press Release

Medical gloves are disposable gloves used during medical procedures, such as diagnosis, surgery and handling of chemotherapy agents. Disposable gloves are recommended in medical application to reduce the risk of contamination with blood and other body fluids. Also, it is used to avoid the transmission of infections from the healthcare professionals to patients and vice-versa. Non-powdered disposable gloves are primarily recommended in the medical and healthcare facility to avoid reactions with alcohol-based hand rub. Increasing demand for non-powdered disposable gloves is attributed to increasing adaption of non-powdered disposable gloves by people who are sensitive to latex gloves, which in turn is driving growth of the disposable gloves market. Due to the various application of disposable gloves in the medical, food and beverages industry, Food and Drug Administration (FDA), implemented the regulations mandating disposable glove manufacturers to disclose the level of allergy-related proteins and amount of powder in the glove. Moreover, FDA also classified the medical gloves to Class I devices, which mandates gloves to be manufactured under strict conditions and manufacturers would be required to submit additional documentation to the FDA in order to receive the final product review.

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The global disposable gloves market is estimated to be valued at US$ 6,155.4 million in 2017 and is expected to witness a CAGR of 7.8% over the forecast period (2018 – 2026)

Increasing number of product development and new product launches are expected to augment growth of the disposable gloves market    

Key players in the manufacturing of disposable gloves market are engaged in the continuous development to introduce the gloves, which eliminates the potential transmission of bacteria and other hand/glove transmitted pathogens. For instance, in February 2018, Eagle Protect introduced a new formulation of nitrile gloves similar to the Teflon, which was resistant to bacteria and micro-organisms, thereby reducing the risk of potential cross-contamination in ready-to-eat-foods. In February 2013, Ferraris Piston Service Limited launched a black nitrile disposable gloves product range. These powder-free gloves are indicated to use in both mechanical and industrial environments.

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Market Dynamics

Increasing awareness regarding hygiene among healthcare service providers and food service industry is fueling growth of disposable gloves market. For instance, in December 2016, U.S. Food and Drug Administration (FDA), banned the powdered surgeon gloves, powdered patient examination gloves, and absorbable powder gloves, as they cause the substantial risk of illness or injury to the healthcare professionals and care givers. In November 2016, the Nestle India, Food and Drugs Administration, Goa and National Association of Street Food Vendors of India (NASVI), trained around 500 street vendors. The training of street vendors conducted by NASVI includes the effectiveness and application of disposable gloves in health, hygiene, food handling and proper waste disposal operations. According to the Malaysian Rubber Gloves Manufacturers Association (MARGMA): January 2017 findings, the demand for healthcare gloves are growing to increase by 8-10% in 2017, moreover the demand for nitrile gloves is expected to exceed over the latex gloves in coming years.

Key companies covered as a part of this study include Ansell Healthcare Products LLC, Adventa Berhad, Cardinal Health, Inc., Dynarex Corporation, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, MRK Healthcare Private Limited, Rubberex Corporation Bhd., Semperit AG Holding, Shield Scientific B.V., Supermax Corporation Berhad, and Top Glove Corporation Bhd.

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This post was originally published on The Market Plan