Report Code: 12068 | Available Format: PDF | Pages: 240
The medical glove market generated revenue of USD 7,799.5 million in 2023, which is expected to grow at a CAGR of 7.4% during the forecast period (2024–2030), to reach USD 12,601.2 million by 2030. This is attributed to the increasing healthcare spending globally to ensure proper infection control among workers and patients.
The nitrile glove category, within the raw material segment, accounts for the largest market share. Nitrile gloves are latex-free, which help prevent both the general people and healthcare professionals from various latex allergies thus promoting hygiene.
Moreover, constant technological advancement in nitrile gloves is further shaping the industry, resulting in the development of enhanced nitrile glove products with improved finish and tactile sensitivity, further boosting their applications in varied sectors. Nitrile gloves are widely used in varied industries like food care and healthcare, automotive, chemicals, pharmaceuticals, and manufacturing.
The non-sterile glove category, within the sterility segment, accounted for a larger market share, of USD 4.6 billion, in 2023. This is because these gloves are generally made up of latex-free materials and therefore can be used for multiple uses, needing resistance to chemicals and protection against various bacteria.
Furthermore, non-sterile gloves are generally effective in maintaining hygiene and establishing barriers against potential risk. Thus, these factors make them an important part of personal protective equipment in various non-sterile environments, and their demand is rising in various prominent industries like healthcare laboratory and research, food service, and cleaning and maintenance.
Moreover, it has also been estimated that the non-sterile glove category is expected to witness faster growth in the upcoming period, due to the surging need to maintain sanitation and prevent the transmission of pathogenic elements.
Report Attribute | Details |
Market Size in 2023 |
USD 7,799.5 Million |
Market Size in 2024 |
USD 8,230.2 Million |
Revenue Forecast in 2030 |
USD 12,601.2 Million |
Growth Rate |
7.4% CAGR |
Historical Years |
2017-2023 |
Forecast Years |
2024-2030 |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Segments Covered |
By Raw Material; By Application; By Sterility; By Type; By Distribution Channel; By End User; By Region |
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Based on distribution channel, the direct category holds a higher revenue share in the medical glove market. This is because this channel allows manufacturers to directly sell their products to consumers without involving any intermediaries. In this type of distribution channel, there is a single line of distribution where manufacturers control all operations from customer interactions to brand distribution to modeling sales process.
Many glove manufacturers develop specific company websites to transport medical gloves with easy accessibility and cost-effective ways. Some may also engage in ethical practices of owning their specific stores to engage directly with the needs of customers and do the needful. Also, direct distribution channels help manufacturers build long-term relationships with customers avoiding additional costs by removing third-party distributors.
Moreover, indirect distribution channels hold significant shares in the market. These channels include wholesale distributors, retailers, group purchasing organizations (GPOs), and agents, which together form a supply chain system to make medical gloves available to the respective market. This distribution channel is quite expensive than the direct distribution pathway. However, accessibility to the market is generally higher for this category.
Hospitals, clinics, and diagnostic centers are dominating the market under the end-user segment, and the category is expected to witness the same trend in the coming years as well.
Whereas, the ambulatory surgical centers (ASCs) category is expected to witness significant growth in the coming years. This can be because these facilities offer highly precise outpatient surgical operations.
North America holds the largest market share, due to the rise in government expenditure on evolving healthcare facilities and increasing medical supplies, including medical gloves.
Whereas, the APAC (Asia Pacific) market is expected to witness the fastest growth during the forecast period. This can be due to the growing geriatric population, resulting in the mounting of a large number of diagnostic examinations and surgical procedures.
A high degree of integrity and collaboration among different participants is uplifting the market and shaping operations at different levels of the value chain. For example, Kossan Rubber Industries Bhd. and other top glove market players are highly integrated and involved in the production and distribution of medical gloves.
In addition, in January 2023, the Medicom Group announced to build a nitrile glove factory via its subsidiary Kolmi-Hopen, which specializes in the manufacture of single-use medical devices.
This report offers deep insights into the medical glove market, with size estimation for 2017 to 2030, the major drivers, restraints, trends and opportunities, and competitor analysis.
The industry for medical glove will reach USD 8,230.2 million in 2024.
The medical glove market value will reach USD 12,601.2 million in 2030.
The North American market for medical glove is the largest.
Increasing contagious ailments threat and rising consciousness of respiratory disorders are the major medical glove industry drivers.
Hospitals, clinics, and diagnostic centers hold the larger medical glove market share.
Direct distribution channels is the leading distribution channel in the medical glove industry.
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