According to a new report published by Allied Market Research, titled, "Disposable Medical Gloves Market by Type, Form, and Application: Global Opportunity Analysis and Industry Forecast, 2018–2025," the global disposable medical gloves market size was valued at $4,047 million in 2017, and is projected to reach $8,444 million by 2025, growing at a CAGR of 9.5% from 2018 to 2025.
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Major Key Market Players Are -
Ansell Limited, B. Braun Melsungen AG, Cardinal Health, Inc., Dynarex Corporation, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd., Rubberex Corp. M Bhd., Semperit AG Holding, Supermax Corporation Berhad, Top Glove Corporation Berhad
Key Findings of the Disposable Medical Gloves Market:
- The nitrile gloves segment is expected to be the fastest growing segment during the forecast period both in terms of value and volume.
- In terms of volume, the non-powder form of gloves is expected to grow at a remarkable CAGR of 7.8% during the forecast period.
- The U.S. dominated the North America disposable medical gloves market share in 2017 and is projected to grow at a CAGR of 8.6% from 2018 to 2025.
- In terms of revenue, natural rubber gloves segment accounted for the highest revenue in 2017.
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Disposable medical gloves are an important part of maintaining hygienic conditions, patient and caregiver safety, and infection prevention. These are used during testing to ensure user safety. The use of gloves reduces the risk of infection due to increased blood, bacteria and other external factors. Acceptance of health insurance coverage is a requirement for universal health applications.
Based on type, the natural rubber insurance segment led the health insurance industry in 2018 as they interact with the environment. In addition, the cost of materials used to create these clothes is low. Another factor driving the growth of the sector is the complex process involved in the production of these gloves.
North America dominated the health insurance market in 2017 and is expected to remain so during the forecast period. The growth of the disposable health insurance market in the North American region is primarily a reflection of product innovation resulting from technological advancements.
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