Arthritis Gloves Market REPORT OVERVIEW
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The global arthritis gloves market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.
Arthritis gloves are used by people in order to keep their hands warm. These gloves are very thin, and are also fingerless. They are made up of materials such as lycra or nylon. When they are wrapped around the palm, they add pressure on to our hands. These gloves are suitable to be used even during the day time as well as during the night time. They are very effective in relieving pain.
These gloves are considered to be a highly effective solution for reducing hand pain, swelling (extracellular fluid), and stiffness. This has been identified as the latest trend in the market.
Recently the number of people who are suffering from rheumatoid arthritis (RA) and undifferentiated inflammatory arthritis have increased. This has increased the demand for such gloves. They also provide thermal effect while wearing. These act as the factors driving the arthritis gloves market growth.
COVID-19 Impact: Tremendous Growth of E-commerce Platforms During Pandemic Increased Market Share
The pandemic of COVID-19 was a health crisis that also created financial instability throughout the world. Along with increasing the death rates, it also created several other problems like recession, and unemployment. Many strict rules and regulations were imposed regarding social distancing and lockdowns.
As people had to stay at their homes, operation of many industries became stagnant. They also faced other challenges like disruption in supply chain and logistics, unavailability of raw materials, and skilled workforce. However, online websites and e-commerce platforms experienced tremendous growth during this time. People were able to buy everything without having to go out. This increased the share of arthritis gloves during the pandemic of COVID-19.
LATEST TRENDS
"Effectiveness of Arthritis Gloves in Reducing Hand pain to Accelerate Market Growth"
Arthritis gloves are usually worn around the palm region of the hand. The main purpose of using these gloves is to reduce hand pain. The gloves exert pressure on the hand of the person wearing them. The gloves will have to be worn for a certain period of time to see the results.
These gloves are considered to be better than medications as they do not produce any side effects. Once these gloves are purchased, they can be used for a long period as they are made up of strong materials like nylon, and lycra. There are highly affordable as well. All of these factors have increased the scope of market growth.
Arthritis Gloves Market SEGMENTATION
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- By Type:
Under type the market is segmented by product and by system.
Winter gloves, and, compression gloves. The winter gloves segment is anticipated to dominate the market during the forecast period.
- By Application:
Based on application, the market share is bifurcated into the following segments:
Middle-aged, and, elderly. The middle-aged segment is expected to dominate the market during the forecast period.
DRIVING FACTORS
"Increasing Cases of UIA Among People to Amplify Market Growth"
It has been observed that, the number of people suffering from UIA or Undifferentiated inflammatory Arthritis has increased. Usually, people who are suffering from diseases like RA and UIA experience hand pains. In order to prevent the frequent occurrence of such severe hand pains they wear these gloves, which are scientifically manufactured to exert pressure and reduce pain. Arthritis gloves are fingerless and cover only the palm region of the hand.
Occupational therapists from the rheumatology departments always prescribe their patients to use these gloves if they are dealing with RA and UIA. When these gloves are worn during the day time, they help in increasing the efficiency of hand function. Whereas, when they are worn during the night time they help in decreasing the stiffness of hand which is felt during the day time and also improves sleep. These factors are driving the market growth and development.
"Introduction of Thermal Gloves in the Market to Impede Market Growth"
Many new innovations are being introduced in the market. One such development that can be witnessed is the introduction of thermal arthritis gloves. Some gloves have thermal qualities which will enable them to produce heat and keep the hands warm apart from reducing the pain.
These gloves mainly work on the mechanism of compression. When they are wrapped tightly around the patient’s hand, they exert pressure and compress the hand. This helps in removing the extracellular fluid which is also called as swelling. This is expected to drive the arthritis gloves market share.
RESTRAINING FACTOR
"Difficulty in Wearing These Gloves During Day Time to Bring Down Market Share"
Arthritis gloves when worn during the day can pose a few problems. When a person is doing some tasks and has his gloves on, it can be very uncomfortable. It would have to removed over and over again. There are chances that the gloves can also get wet. Therefore, it is not comfortable to wear these gloves during day time.
Other disadvantages of wearing these gloves are that they make the patients feel numb. When they are worn for a very long period of time it feels like sensations of needles, pins, itchy and hot. All of these factors can bring down the market growth.
Arthritis Gloves Market Regional Insights
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"North America to Dominate Market Share in Upcoming Years "
North America is predicted to dominate the market in the upcoming years. Many reasons have favored the market growth. These include increasing prevalence of arthritis and other related diseases in this region. Therefore, the demand for this product has increased.
Arthritis gloves are neither costly nor difficult to use. They also provide relief to people who are suffering from joint pain due to rheumatoid arthritis. Many new kinds of gloves are being developed to attract customers into the market. Besides reducing swelling, and pain they also, provide thermal effects. These factors have positively affected the market in North America.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
"List of Market Players Profiled "
- Brown med (U.S.)
- Comfy Brace (U.S.)
- Copper Compression (U.S.)
- Copper Fit (U.S.)
- DISUPPO (Italy)
- Dr. Arthritis (U.K.)
- Duerer (Germany)
- Vive (Taiwan)
Report Coverage
The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. On reading the report the user will be able to understand and interpret all the aspects of the market.
Frequently Asked Questions
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Which are the driving factors of the arthritis gloves market?
Recently the number of people who are suffering from rheumatoid arthritis (RA) and undifferentiated inflammatory arthritis have increased. This has increased the demand for such gloves. They also provide thermal effect while wearing.
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Which is the leading region in the arthritis gloves market?
North America is the leading region in the arthritis gloves market.
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Which are the top companies operating in the arthritis gloves market?
Brownmed, ComfyBrace, Copper Compression, Copper Fit, DISUPPO, and, Dr. Arthritis are the top companies that are operating in the arthritis gloves market.