Global disposable medical gloves market expected to reach USD 15.50 billion by 2032 with 9.22% CAGR
From GlobeNewswire: 2025-01-20 07:12:00
The Disposable Medical Gloves Market was valued at USD 7.02 Billion in 2023 and is projected to reach USD 15.50 Billion by 2032, with a CAGR of 9.22% from 2024-2032. The growing aging population and increased focus on infection control are driving demand for disposable gloves worldwide.
Nitrile gloves dominated the market in 2023, holding a 45% market share due to their better puncture and chemical resistance, making them ideal for healthcare settings. Powder-free gloves accounted for 75% of the market in 2023, driven by health concerns associated with powdered gloves like allergies and respiratory issues.
North America led the disposable medical gloves market in 2023 due to advanced healthcare infrastructure and strict regulatory requirements. Europe is witnessing a surge in demand for green and biodegradable gloves, driven by consumer demand for sustainable products. The Asia-Pacific region is expected to experience the fastest market growth due to industrialization and healthcare advancements. American Nitrile secures a USD 105 million partnership with Orion Infrastructure Capital to boost disposable glove production to 3.6 billion annually in response to rising demand for PPE. The move aims to address resource efficiency in healthcare and meet the needs of aging populations and infectious diseases. For more information, access the full report here: https://www.snsinsider.com/reports/disposable-medical-gloves-market-2899.
Read more at GlobeNewswire: Global Disposable Medical Gloves Market Size to Hit USD