GIA announces the release of a comprehensive global report on Disposable Medical Gloves markets. Global market for Disposable Medical Gloves is forecast to reach US$5.5 billion by 2020, buoyed by the adoption of strict infection control practices in hospitals worldwide, increasing shift towards superior glove materials, and rising healthcare expenditure in developing countries.
San Jose, CA (PRWEB) May 06, 2014
Follow us on LinkedIn – Given the critical role they play in protecting healthcare personnel as well as patients from infections, gloves have emerged as vital protective wear in the healthcare arena. Growing concerns over cross-infections in healthcare centers and growing awareness of the role played by gloves in offering a protective barrier against deadly diseases are together encouraging adoption of medical gloves. Further, growing body of evidence highlighting the effectiveness of gloves as compared to other protective gear in combating infection is benefiting demand. Implementation of the double gloving practice is also spurring opportunities for growth, as it necessitates wearing more than one pair of gloves to reduce the risk of infection.
With demand for medical gloves largely reliant on the level of healthcare spending, increasing healthcare expenditure especially in developing countries such as China, Brazil and India bodes well for the market. Moreover, growing focus on reducing hospital stays in a bid to contain surging healthcare costs aids market growth. Similarly, growing incidence of hospital acquired infections is leading to increased adoption of gloves in healthcare centers. With growing concerns of health risks posed by glove powder, powdered gloves are increasingly losing their lead to powder-free gloves.
While natural rubber latex gloves have been the product of choice for several decades, allergies associated with their usage have led to shift towards to synthetic gloves. Synthetic gloves have been successfully gaining share, thanks to the advancements in glove technology and manufacturing techniques that have enabled manufacturers to develop lighter and comfortable gloves. Given their better performance and cost effectiveness, nitrile gloves have emerged as an effective alternative to natural rubber latex gloves. The trend towards nitrile gloves is expected to continue to gain traction due to the anti-latex policies in place in hospitals in various developed countries. Also demand for polyisoprene surgical gloves is on rise driven by attributes such as superior strength, puncture resistance and tactility similar to latex gloves.
As stated by the new market research report on Disposable Medical Gloves, the United States represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 7.7% over the analysis period. Growth in the region is led by the rapidly evolving healthcare sector in developing Asian countries, implementation of stringent infection control standards, and growing emphasis on high quality medical services. Steady rise in medical tourism, which necessitates the provision of superior healthcare services, is also buoying demand for medical gloves in the region.
Major players covered in the report include Ansell Healthcare, B. Braun Melsungen AG, Cardinal Health, Cypress Medical Products, Hartalega Holdings Bhd, Kimberly-Clark, Kossan Rubber Industries, Microflex Medical Corp, Molnlycke Health Care, Paul Hartmann AG, RUBBEREX, Supermax Corporation Berhad, Semperit AG Holding and Top Glove Corporation Berhad, among others.
The research report titled “Disposable Medical Gloves: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, issues, challenges, mergers, acquisitions, and other strategic industry activities of major global and regional players. The report provides market estimates and projections for all major geographic markets, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World markets. Product segments analyzed include Examination Gloves (Powdered and Powder Free), and Surgical Gloves (Powdered and Powder Free).
For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Disposable_Medical_Gloves_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/ Reported by PRWeb 9 hours ago.
San Jose, CA (PRWEB) May 06, 2014
Follow us on LinkedIn – Given the critical role they play in protecting healthcare personnel as well as patients from infections, gloves have emerged as vital protective wear in the healthcare arena. Growing concerns over cross-infections in healthcare centers and growing awareness of the role played by gloves in offering a protective barrier against deadly diseases are together encouraging adoption of medical gloves. Further, growing body of evidence highlighting the effectiveness of gloves as compared to other protective gear in combating infection is benefiting demand. Implementation of the double gloving practice is also spurring opportunities for growth, as it necessitates wearing more than one pair of gloves to reduce the risk of infection.
With demand for medical gloves largely reliant on the level of healthcare spending, increasing healthcare expenditure especially in developing countries such as China, Brazil and India bodes well for the market. Moreover, growing focus on reducing hospital stays in a bid to contain surging healthcare costs aids market growth. Similarly, growing incidence of hospital acquired infections is leading to increased adoption of gloves in healthcare centers. With growing concerns of health risks posed by glove powder, powdered gloves are increasingly losing their lead to powder-free gloves.
While natural rubber latex gloves have been the product of choice for several decades, allergies associated with their usage have led to shift towards to synthetic gloves. Synthetic gloves have been successfully gaining share, thanks to the advancements in glove technology and manufacturing techniques that have enabled manufacturers to develop lighter and comfortable gloves. Given their better performance and cost effectiveness, nitrile gloves have emerged as an effective alternative to natural rubber latex gloves. The trend towards nitrile gloves is expected to continue to gain traction due to the anti-latex policies in place in hospitals in various developed countries. Also demand for polyisoprene surgical gloves is on rise driven by attributes such as superior strength, puncture resistance and tactility similar to latex gloves.
As stated by the new market research report on Disposable Medical Gloves, the United States represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 7.7% over the analysis period. Growth in the region is led by the rapidly evolving healthcare sector in developing Asian countries, implementation of stringent infection control standards, and growing emphasis on high quality medical services. Steady rise in medical tourism, which necessitates the provision of superior healthcare services, is also buoying demand for medical gloves in the region.
Major players covered in the report include Ansell Healthcare, B. Braun Melsungen AG, Cardinal Health, Cypress Medical Products, Hartalega Holdings Bhd, Kimberly-Clark, Kossan Rubber Industries, Microflex Medical Corp, Molnlycke Health Care, Paul Hartmann AG, RUBBEREX, Supermax Corporation Berhad, Semperit AG Holding and Top Glove Corporation Berhad, among others.
The research report titled “Disposable Medical Gloves: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, issues, challenges, mergers, acquisitions, and other strategic industry activities of major global and regional players. The report provides market estimates and projections for all major geographic markets, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World markets. Product segments analyzed include Examination Gloves (Powdered and Powder Free), and Surgical Gloves (Powdered and Powder Free).
For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Disposable_Medical_Gloves_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/ Reported by PRWeb 9 hours ago.