Global Disposable Medical Gloves market to grow at a CAGR of 6.62% over the period 2013-2018.
Deerfield Beach, FL -- (SBWIRE) -- 08/26/2015 -- Global Disposable Medical Gloves market to grow at a CAGR of 6.62 percent over the period 2013-2018.
"The increasing prevalence of allergies and discomfort associated with the use of latex gloves has led to the development of disposable gloves from other polymeric materials. Synthetic materials such as nitrile butadiene rubber and polyvinyl chloride are some of the new materials being used in the production of disposable gloves. These materials provide excellent tactility, strength, and have less adverse effects on the skin. In fact, synthetic gloves are gaining popularity among users, and the Synthetic Gloves segment is the fastest growing segment in the Global Disposable Medical Gloves market, and it is expected to garner a major share during the forecast period. Indeed, synthetic gloves could potentially replace latex gloves.
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One of the key factors contributing to this market growth is the increasing prevalence of infections and bio-hazards. The Global Disposable Medical Gloves market has also been witnessing the increasing preference for synthetic gloves. However, the price fluctuations of raw materials could pose a challenge to the growth of this market.
Hence, the increasing demand and preference for synthetic disposable gloves is expected to boost the growth of the Global Disposable Medical Gloves market during the forecast period."
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According to the report, the increasing prevalence of infections and bio-hazards is one of the major drivers in this market. Threats from emerging epidemics and pandemics, owing to the avian influenza virus, SARS virus, and A H1N1 influenza virus, have raised concerns about healthcare regulations and practices. This has resulted in a high demand for disposable gloves for use as a protective barrier against the spread of infections.
Global Disposable Medical Gloves Market 2013-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Disposable Medical Gloves market landscape and its growth prospects in the coming years. The report also includes a discussion of the key
vendors operating in this market.
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Key vendors dominating this space are Ansell Healthcare LLC., Cardinal Health Inc., Hartalega Holdings Berhad, Medline Industries Inc., Top Glove Corp., and Supermax Corp.
Other vendors mentioned in the report are B. Braun Melsungen AG, Cypress Medical Products LLC., DASH Medical Gloves Inc., Dynarex Corp., Intco Medical Co. Ltd., Kimberly-Clark Worldwide Inc., Microflex Medical Corp., Molnlycke Health Care AB, Paul Hartmann AG Rubberex Corp. (M)Bhd., Semperit AG Holding, Shijiazhuang Hongray Group Co. Ltd. and Supermax Corporation Bhd.
Further, the report states that the fluctuations in the price of raw materials constitute one of the major challenges being faced by the vendors in this market. Fluctuations in the price of latex and the by-products of petroleum are increasing the price of the raw materials used in the supply chain. This is proving to be a challenge for glove manufacturers as it hinders their growth and revenue.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.