Global Latex Examination Glove Market, By Product (Sterile and Non-sterile), Form (Powdered and Powder-Free), End User (Hospital, Clinic, Ambulatory Surgery Center, Diagnostic Imaging Center, Rehabilitation Center and Others) – Industry Trends and Forecast to 2031.
Latex Examination Glove Market Analysis and Size
Latex examination glove market continues to advance with the latest methods and technologies, driving growth. Innovations in manufacturing processes enhance quality and durability, meeting stringent regulatory standards. Increased use in healthcare settings underscores its critical role in infection control. Market expansion is fueled by rising healthcare awareness globally, amplifying demand for reliable protective gear.
The global latex examination glove market size was valued at USD 1.27 billion in 2023 and is projected to reach USD 2.13 billion by 2031, with a CAGR of 6.71% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (Sterile and Non-sterile), Form (Powdered and Powder-Free), End User (Hospital, Clinic, Ambulatory Surgery Center, Diagnostic Imaging Center, Rehabilitation Center and Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Top Glove Corporation Bhd (Malaysia), Sri Trang Agro-Industry Plc (Thailand), ANSELL LTD. (Australia), Kossan Rubber Industries Bhd (Malaysia), INTCOMEDICAL (China), Cardinal Health (U.S.), Supermax Corporation Berhad (Malaysia), Clean Q Grip (U.S.), SHIELD Scientific (U.K.), UG Healthcare Corporation Limited (Singapore), Rubberex Corporation (M) Berhad (Malaysia), Valutek Inc. (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Latex examination gloves are disposable gloves made from natural rubber latex. They are commonly used in medical and laboratory settings for their elasticity, durability, and barrier protection against biological substances. Latex gloves provide a snug fit and tactile sensitivity, making them ideal for tasks requiring precision. However, some individuals may have latex allergies, prompting the use of alternative materials such as nitrile or vinyl.
Latex Examination Glove Market Dynamics
Drivers
- Increasing Demand in Healthcare
The surge in healthcare demand, encompassing surgeries, examinations, and routine medical procedures, is a pivotal driver for the latex examination glove market. For instance, during the COVID-19 pandemic, hospitals worldwide experienced unprecedented demand for gloves to ensure infection control protocols. This constant need underscores the critical role of latex gloves in maintaining hygiene standards, driving market growth significantly.
- Growing Geriatric Population
The growing geriatric population necessitates frequent medical care, driving sustained demand for latex examination gloves in settings such as nursing homes and assisted living facilities. For instance, as elderly individuals require more assistance with daily activities and medical treatments, the usage of latex gloves remains essential to ensure hygiene and infection control standards are met, thereby boosting market growth.
Opportunities
- Stringent Safety Regulations
Stringent safety regulations mandating the use of latex gloves in healthcare settings drive market growth by ensuring compliance with infection control standards and disposable latex examination gloves for sustainability. For instance, guidelines from organizations such as the FDA and CDC in the United States emphasize latex glove use to prevent cross-contamination and protect healthcare workers and patients, thereby increasing demand for these gloves in medical facilities worldwide.
- Rising Awareness regarding Hygiene
Heightened awareness of hygiene and infection control practices, particularly in industries such as food service and hospitality, significantly drives the demand for latex gloves. For instance, stringent sanitation protocols in restaurants and hotels require staff to wear gloves to prevent cross-contamination, thereby increasing the adoption of latex examination gloves in these sectors and contributing to market growth.
Restraints/Challenges
- Latex Allergies among Patient
Latex allergies, varying from mild irritation to severe reactions, significantly restrict the latex examination glove market. Healthcare facilities and individuals increasingly favor alternative materials such as nitrile or vinyl gloves due to safety concerns. This shift away from latex limits market growth and poses ongoing challenges for manufacturers reliant on latex as a primary glove material.
- Competition from Alternatives
Competition from alternatives such as nitrile and vinyl gloves, driven by latex allergies, cost-effectiveness, and specific performance advantages, poses a significant hurdle for the latex examination glove market. This intensifying competition diminishes market share and challenges the longstanding dominance of latex gloves in various applications, impacting sales and market stability negatively.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In October 2022, MI Americas launched production of latex gloves and other medical supplies at the former Ameritex Corporation facility in Alabama. This initiative expands their manufacturing capacity in North America, aiming to meet the growing demand for medical goods
- In April 2022, Kyrgyzstan commenced production of surgical latex gloves in collaboration with the Agency for Development of the Pharmaceutical Industry under Uzbekistan's Ministry of Health and Ayu Pharm LLC. This partnership aims to strengthen regional healthcare capabilities
- In March 2020, The FDA partnered with multiple medical glove manufacturers to expedite the production of non-powdered latex gloves for surgical use amid increasing demand during the COVID-19 pandemic, addressing global shortages
- In March 2020, Ansell acquired a 50% stake in Careplus Group Berhad, a Malaysian rubber glove manufacturer, to bolster its surgical gloves business and enhance its market presence in the healthcare sector
Latex Examination Glove Market Scope
The market is segmented on the basis of product, form, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Sterile
- Non-sterile
Form
- Powdered
- Powder-Free
End User
- Hospital
- Clinic
- Ambulatory Surgery Center
- Diagnostic Imaging Center
- Rehabilitation Center
- Others
Latex Examination Glove Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, product, form, and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the latex examination glove market due to its developed healthcare industry and high public awareness of health and sanitization. These factors contribute to a robust demand for latex examination gloves, positioning the region as a leader in market growth and adoption.
Asia-Pacific region is emerging as the highest growing market in the latex examination glove market. This growth is fueled by rising awareness, increasing demand for latex examination gloves powder free, increasing patient population, and developing healthcare infrastructure. These factors position the region for significant expansion within the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for historic period 2016-2021.
Competitive Landscape and Latex Examination Glove Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Top Glove Corporation Bhd (Malaysia)
- Sri Trang Agro-Industry Plc. (Thailand)
- ANSELL LTD. (Australia)
- Kossan Rubber Industries Bhd (Malaysia)
- INTCOMEDICAL (China)
- Cardinal Health (U.S.)
- Supermax Corporation Berhad (Malaysia)
- Clean Q Grip (U.S.)
- SHIELD Scientific (U.K.)
- UG Healthcare Corporation Limited (Singapore)
- Rubberex Corporation (M) Berhad (Malaysia)
- Valutek Inc. (U.S.)
- Bangkok Synthetics Co., Ltd. (Thailand)
SKU-