EXAM GLOVES MARKET REPORT OVERVIEW
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The global exam gloves market size was USD 7411.29 million in 2021 and is projected to touch USD 18016.54 million by 2031 at CAGR 9.29% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with exam gloves market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.
Exam gloves are disposable hand protection frequently used in the medical industry. Their main function is to reduce the possibility of cross-contamination during patient examinations, which could result in infection of either the patient or the caregiver. Latex, vinyl, nitrile, neoprene, and PVC are among the polymers commonly used to make exam gloves. Powdered and non-powdered exam gloves are available on the market as two variations for ease of use. Since exam gloves are only used for patient examination and not for surgery, which demands precision, they are typically less exact and clean than surgical gloves.
The market for exam gloves is expanding exponentially as people worldwide become more conscious of their personal cleanliness and health. The healthcare industry, which uses these gloves extensively, is significantly impacting the market. The pharmaceutical and chemical industries and other firms associated with the medical industry are connected to the market for exam gloves. The current state of the globe, which demands the utmost caution to prevent contamination from one person to another, contributes to the growth of the exam glove market. Exam-gloves have also been used in the automotive and oil and gas industries, accelerating market expansion.
COVID-19 Impact: Threat Of Infection During Pandemic Drives Market Value
The COVID-19 pandemic's negative consequences were evident in markets all across the world. Due to the partial or whole shutdown of activities, the firms experienced a loss of revenue. There was a global lockdown as a result of efforts by governments throughout the world to stop COVID-19 from spreading among the citizens of the globe. Despite the huge demand for items, the worldwide supply chain was interrupted as a result of the shutdown. Due to the risk of contact contamination from the fatal virus, the market for exam gloves experienced growth during the pandemic. Exam gloves were being utilized quickly to prevent contamination worldwide, which increased the market's strength throughout the pandemic.
Latest Trends
"Inclusion Of Non-Powdered Gloves Increase Product Demand"
Exam gloves market growth is anticipated to increase due to the rising adoption of powder-free exam-gloves. Latex gloves that have been powdered run the risk of increasing the prevalence of latex allergies among allergic people. Given the possibility of latex protein transferring to patients' skin, powdered gloves carry a certain risk. Non-powdered gloves have been introduced to the market to respond to the dangers that powdered gloves represent. Since powder-free or non-powdered gloves don't cause latex allergies and cater to people with sensitive skin, they are safer.
EXAM GLOVES MARKET SEGMENTATION
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- By Type Analysis
According to type, the market can be segmented into latex exam gloves, nitrile exam gloves, and vinyl exam gloves. Latex exam gloves will be leading the market by type segment during the forecast years.
- By Application Analysis
Based on application, the market can be divided into hospital & clinics, medical research, and other. Hospital & clinics segment is anticipated to drive the market by application during the aforementioned market years.
Driving Factors
"Implementation Of Safety Measures In Workplace Augments Market Expansion"
The industrial industry is also engaging in and driving the expansion of the market for exam-gloves, in addition to the healthcare sector, which is one of the market's major consumers. The market for exam-gloves is growing due to the possibility that workers would be exposed to hazardous situations, which may result in skin damage. Since gloves have become a crucial component of PPE kits utilized as a key preventative strategy for the COVID-19 virus, the market for exam-gloves is accelerating steady growth.
"Rapid Rise Of Contagious Diseases Exacerbates Market Demand "
Many infectious diseases such as COVID-19 were common before the pandemic and are still prevalent. One of the factors driving the market is the need to avoid infection among patients and caregivers by preventing dissemination. Medical examiners, nurses, and other healthcare workers are consuming exam-gloves as a safety measure while treating patients who might have contagious diseases.
Restraining Factors
"Risk Of Environmental Adulteration Restrain Product Utility"
Due to the fact that more people are using exam-gloves, which are causing environmental pollution, the market for exam gloves growth has become slow. Since most exam-gloves are disposable, they are thrown away everywhere in garbage dumps. Since the landfills are public spaces, there is a considerable chance that the gloves will contaminate the surrounding area. The main component of the gloves is rubber, which contributes to the environment's problem with disintegration. The market expansion for exam-gloves is anticipated to be further hampered by these issues.
EXAM GLOVES MARKET REGIONAL INSIGHTS
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"North America Champions Market As A Major Consumer"
The majority of the exam gloves market share is in the North American region, which is also where they are expected to expand more in the future. Exam or test gloves are widely used in the region as a safety and hygiene precaution, which accounts for the market success the area is seeing. Due to the region's rising incidence of infectious diseases over the past few years, the market for exam-gloves in the area is also expanding rapidly. North America's better healthcare infrastructure is fueling the region's market expansion.
The majority of the exam glove market shares are held by other regions, with Europe coming in second. As a result of prophylactic actions against spreading infectious diseases, the market in the European region is expanding. An additional element propelling the exam-gloves market in the area is the expanding sanitization market in numerous business, governmental, and residential structures.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Cardinal Health (U.S.)
- Semperit (Austria)
- Top Glove (Malaysia)
- Medline Industries (U.S.)
- Ansell Healthcare (Australia)
- Hutchinson (France)
- Kossan (Malaysia)
- Motex Group (Japan)
- Anhui Haojie Plastic and Rubber Products Co., Ltd. (China)
- Molnlycke Health Care (Sweden)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors such as segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 7411.29 Million in 2021 |
Market Size Value By |
US$ 18016.54 Million by 2031 |
Growth Rate |
CAGR of 9.29% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global exam gloves market expected to touch by 2031?
The global exam gloves market is expected to touch USD 18016.54 million by 2031.
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What CAGR is the exam gloves market expected to exhibit during 2024-2031?
The exam gloves market is expected to exhibit a CAGR of 9.29% over 2024-2031.
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Which are the driving factors of the exam gloves market?
Implementation of safety measures across the globe and rapid rise of various contagious diseases have been primarily driving the growth of the exam gloves market.
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Which are the top companies operating in the exam gloves market?
Some of the notable key players in the exam gloves market include, Cardinal Health (U.S.), Semperit (Austria), Top Glove (Malaysia), Medline Industries (U.S.), and Ansell Healthcare (Australia).