Medical Gloves Market forecasts on regional growth, industry players and more

1. Medical Gloves Market outlook with industry review and forecasts Fuel Cell Market size worth $25.5bn by 2024

2. KeyInsights from Medical Gloves Market : • Globally, the medical gloves market forecast is expected to be driven by regulatory mandates for hygienic practices to prevent any cross-contamination between the healthcare personnel and patients. Increase in number of contagious diseases is another key factor fueling the adoption of medical gloves. Rapid growth in the number of surgeries will be a major factor in enhancing the product manufacturing efforts. • Major surgeries such as cardiac operations, transplant procedures and reconstructive surgeries, that are critical and can lead to spread of infections in case of negligence, are witnessing a gradual increase. Surgical gloves play a vital role in prevention of infection transmission. According to World Health Organization, over 234 million major surgical procedures are undertaken annually across the globe.

3. Continued... • Rising number of surgical procedures in healthcare facilities will in turn trigger the demand for medical clothing and equipment. Moreover, growing awareness regarding hygiene and safety practices will further contribute towards the product sales in the coming years. Medical gloves market size is forecast to surpass USD 13.5 billion I value by 2026, worldwide. • Contagious diseases are generally detected and diagnosed with the help of a medical test. Expanding number of infectious disease cases, like tuberculosis, is resulting in large-scale medical testing requirement. As per the National Centre for Health Statistics, in 2017 the number of new TB cases in the U.S. was 9,105. The rising number in turn will bolster the demand for examination gloves to prevent cross contamination between doctors and patients. • Currently, the detection and diagnosis of various diseases is widely done using examination gloves. Strict norms regarding the hygiene while examining patients may fuel the product penetration. With nearly 71.4% share in 2019, examination gloves segment dominated the overall medical gloves market.

4. Continued... • Disposable gloves are made up of a very thin but durable material and can be simply removed. In 2019, sterile gloves segment generated a revenue of over USD 2.9 billion for the industry. These gloves are primarily used for surgeries due to beneficial characteristics including strict packaging standards and high quality. Rising number of surgeries across the globe will stimulate sterile gloves adoption. • Hospitals, as a key end user of medical gloves, dominated the industry with a revenue of over USD 2.7 billion in 2019. As the number of diseases are on rise, so are the number of healthcare professionals and hospitals to tackle them. This has triggered the adoption of medical gloves in facilities across the globe. Additionally, increasing occurrence of surgeries in hospitals will certainly bolster product demand.

5. Continued... • Malaysia medical gloves market size is likely to exhibit a CAGR of 16.6% over the projected timeframe. Such high growth rate can be attributed to various factors including rise in healthcare expenditure, rising demand for quality healthcare as well as presence of global market players. For instance, Top Glove, a major glove manufacturing company, has one of its units in Malaysia. Moreover, growing consumption of gloves in public hospitals across the region will supplement industry outlook.

6. Browse Full Market Research Report On Medical Gloves Market @ https://bit.ly/35fbkQ1 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/4593

7. Stay In Touch Website: www.gminsights.com Social Media: