Due to growing safety and hygiene concerns, disposable medical gloves have become more and more popular. Additionally, the expansion of end users in the healthcare sector and technological advances both support the growth of the PVC medical glove market. The market for PVC medical gloves is expected to grow significantly in the coming years due to the major rise in the frequency of epidemics and pandemics worldwide. The market for PVC medical gloves is growing, but barriers to its expansion include hazardous reactions brought on by the gloves and intense price competition from regional producers. Furthermore, introducing PVC medical gloves into undeveloped economies is anticipated to open up profitable market potential.
COVID-19 IMPACT
Rising hygienic and HAI safety concerns are driving the market. Additionally, the market for PVC medical gloves is anticipated to rise due to the growing preference for powder-free gloves. The PVC medical gloves market will advance significantly due to growing worries about cleanliness and HAI safety. The use of hospitals, nursing homes, long-term care institutions, home care, and ambulatory care centers has all increased. Those who are at risk from HAIs are in danger. Rising morbidity and death rates, the proliferation of microorganisms that are resistant to drugs, prolonged hospital stays, illness outbreaks, and the predominance of subpar infection-control procedures are the main causes of this.
DRIVING FACTORS
Growing Awareness of Safety and Hygiene to Drive the Market Growth
The market share of PVC medical gloves will increase due to a rise in the knowledge of medical professionals in various healthcare settings regarding the significance of hygiene and safety regarding health effects. PVC medical gloves are now much more in demand due to the COVID-19 pandemic, which has substantially impacted product uptake and raised safety and preventive measures for patients and medical professionals. Several healthcare authorities encouraged PPE like medical gloves for surgical and non-surgical purposes and prioritized changing hospital standard operating procedures. The need for PVC medical gloves will increase due to the rising prevalence of hospital-acquired illnesses and cross-contaminations brought on by unsanitary environments, especially in emerging economies.
RESTRAINING FACTORS
Market Susceptible to Supply Chain Disruption Due to Highly Concentrated Raw Material Sources
Asia-based nations like Malaysia and China provide most of the raw ingredients, including latex, utilized in manufacturing PVC medical gloves. A disturbance at the source of the highly concentrated raw materials might have a major impact on practically all stakeholders along the value chain. For instance, in November 2020, Top Glove, one of the largest glove manufacturers with 28 locations and headquarters in Malaysia, had to halt manufacturing. Given that Top Glove is a big maker of gloves, this action resulted in longer lead times for orders and further shipment delays, which will impact a sizeable number of customers. A market's growth can be hampered by such situations, which can severely affect worldwide demand.
SEGMENTATION
By Form
Based on form, the PVC medical gloves market is segmented into Powder-free Gloves and Powdered Gloves. The powder-free gloves category dominated the market in 2022. This is ascribed to the FDA's December 2016 prohibition on powdered disposable medical gloves due to the gloves' disproportionately high risk of exposure-related disease or harm. Disposable medical gloves cannot be used during surgery or for examinations in many other developed nations, including Germany, the UK, and others.
By Application
Based on application, the PVC medical gloves market is segmented into examination gloves and surgical gloves. The examination gloves category dominated the market in 2022 due to increased hospital inpatient admissions and physician visits for health checks. Because of the increasing prevalence of bacterial, viral, and other infectious diseases, there has been an increase in medical examinations for diagnosis and treatment.
By Usage
Based on usage, the PVC medical gloves market is segmented into disposable and reusable gloves. The disposable gloves category dominated the market in 2022. The rising number of patient diagnoses and surgical procedures for chronic, bacterial, and viral disorders drives demand for disposable gloves. These gloves are extremely pliable and tear-resistant and are a barrier against biohazards, pathogens, and other hazardous chemicals.
By Sterility
Based on sterility, the PVC medical gloves market is segmented into sterile gloves and non-sterile gloves. The non-sterile gloves category dominated the market in 2022 because of the widespread use of non-sterile gloves for a variety of treatment and examination purposes in hospitals, clinics, ambulatory surgical centers, and so on. Non-sterile gloves are inexpensive and pose little risk of infection during non-surgical procedures.
By Distribution Channel
Based on the distribution channel, the PVC medical gloves market is segmented into brick and mortar and e-commerce. The brick-and-mortar category dominated the market in 2022. Brick-and-mortar stores are more convenient and provide better customer service in remote areas worldwide. These stores' extensive distribution network enables them to reach a diverse customer base and boost the PVC medical gloves market revenue.
By End-Use
Based on end-use, the PVC medical gloves market is segmented into hospitals, clinics, ambulatory surgical and diagnostic centers. The hospital's category dominated the market in 2022 due to increased patient preference for hospitals that provide high-quality care at a reasonable price. The availability of various surgical treatments, medical examinations for various disorders, and proper sanitation and hygienic conditions, including medical gloves to keep patients safe, also drives the PVC medical gloves market.
REGIONAL INSIGHTS
North America is projected to hold the largest share of the PVC medical gloves market over the forecast period due to a variety of factors, including an increase in the number of surgical procedures, an increase in the prevalence of infectious diseases, increased awareness of safety and hygiene, and the presence of major industry players in the country, among others. The high prevalence of surgical interventions due to chronic disease prevalence, road accidents, and other factors is expected to increase product acceptance among hospitals, clinics, diagnostics centers, and others. On the other hand, the Asia Pacific PVC medical gloves market is anticipated to grow significantly over the forecast period due to the rapid spread of coronavirus across various countries, including India, Japan, and Indonesia. Furthermore, improving hygiene and safety standards across various healthcare settings in developing countries, as well as rapid industrialization, are expected to have a positive impact on industry growth.
LIST OF KEY COMPANIES PROFILED:
- Supermax Corporation Berhad
- Top Glove Corporation Berhad
- Cardinal Health, Inc.
- Semperit AG Holding
- Ansell Limited
- SHEILD Scientific
- Berner International GmbH
| Attributes | Details |
| Study Period | 2016-2030 |
| Base Year | 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2023-2030 |
| Historical Period | 2016-2021 |
| Unit | Revenue (USD Million) and Volume (Kilo Tons) |
| Segmentation | By Form, By Application, By Usage, By Sterility, By Distribution Channel, By End-Use and By Geography |
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| By Usage |
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| By Sterility |
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| By Distribution Channel |
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