Global Disposable Medical Gloves Market to Reach US$3.4 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on the Disposable Medical Gloves markets. The global market for Disposable Medical Gloves is projected to reach US$3.4 billion by the year 2015. Factors contributing to the rise in consumption levels include healthcare reforms in several countries, and rising emphasis on health, occupational safety and hygiene among end-users in medical, dental and service industries.

Disposable Medical Gloves: A Global Strategic Business Report

Though the healthcare industry felt the lingering effects of adverse economic conditions in recent times largely due to rising capital costs and unfavorable reimbursement scenario, the disposable medical gloves market however survived the crisis primarily attributed to the indispensable use of gloves in the healthcare industry. The year 2009, witnessed a significant increase in disposable gloves sales on account of the H1N1 pandemic. Further, rise in personal and occupational hygiene standards amid outbreak of various infections such as avian flu, SARS and HIV continued to sustain market growth in recent years. The deceptively simple looking rubber medical gloves masks a century of technology refinement, and development. Far from being just a rubber based hand protective solution, medical gloves have evolved from a simple clinical accessory made from intestines of sheep, in early 18th century, to present day technology ingrained hi-tech gloves designed to safeguard users against biological warfare, and bacterial contamination. Today, myriad types of medical gloves are made available to the medical community, ranging from sterile, non-sterile, to coated and hypoallergenic variants. There exists immense opportunities for growth in the global medical gloves market given the fact that dozens of pairs of medical gloves are utilized in a single day in hospitals and laboratorial settings, and the inherent intrinsic indispensability of the product among surgeons, practitioners, and healthcare workers.

The US and Europe dominate the global Disposable Medical Gloves market, as stated by the new market research report on Disposable Medical Gloves market. Driven by improvements in healthcare sector, Asia Pacific is poised to register the fastest CAGR of 5.8% over the analysis period. The Asian medical gloves landscape is currently speckled with manufacturing upgradation initiatives. The rising standard of living together with the increasing importance of controlling cross contamination and infections in hospitals and clinics have led to increased demand for latex surgical gloves in markets such as China and India.

Examination gloves that primarily aid in the prevention of microbial contamination of hands of the health care workers during various routine hospital procedures, represents the largest product segment. Currently, the growing awareness of latex induced side effects in surgical patients, and allergy in regular users have led to a major market shift from powdered latex to powder free latex, and synthetic medical gloves. Surgical gloves form the fastest growing product category.

Competition in the disposable gloves market continues to remain intense in light of competitive factors including customer and distributor relationship management, product innovations, competitive pricing, and the ability to maintain costs on a tight leash. The examination gloves market is comparatively fragmented and polarized in nature unlike the surgical gloves market, which is dominated by handful of players. The relatively complex, and capital-intensive manufacturing technologies required by surgical gloves is the major reason for the segment’s dominance by a handful of companies. Select players profiled in the report include Ansell Healthcare, B. Braun Melsungen AG, Cardinal Health, Inc., Cypress Medical Products, Dynarex Corporation, Kimberly-Clark Worldwide, Medline Industries, Molnlycke Health Care, Microflex Medical Corp, Paul Hartmann AG, Siam Sempermed Corporation Ltd, Semperit AG Holding, Supermax Corporation Berhad, among others.

The research report titled “Disposable Medical Gloves: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of the Disposable Medical Gloves industries, key market trends, recent product launches, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections for Disposable Medical Gloves market for the years 2007 through 2015, and 2001 to 2006 by the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key segments and sub-segments analyzed include Examination Gloves (Powdered and Powder Free) and Surgical Gloves (Powdered and Powder Free).

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Disposable_Medical_Gloves_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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