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Medical glove market forecast with a CAGR of 15 percent through 2025

  5/22/2020 - Chicago, IL - The medical gloves market size is expected to grow at a CAGR of over 15 percent during the period 2019–2025, according to Arizton.com. In-depth analysis and data-driven insights on the impact of COVID-19 are included in this global medical gloves market report. The global medical gloves market is growing at a healthy rate. The growth can be attributed to the growing demand for safety and hygiene standards to prevent the risk of contamination and infections in healthcare settings during medical and treatment measures. The growth in surgical procedures for several diseases and potential risk reduction for surgical site infection (SSI) is likely to fuel the market growth. The nitrile segment is expected to witness an incremental growth of over $6 billion by 2025. This is due to the growing number of latex allergies among patients and HCPs, which trigger an ongoing shift from latex to nitrile gloves. The examination segment is likely to grow at the highest CAGR during the forecast period on account of the high application of examination gloves to prevent contamination from chemical, biohazards and other potentially dangerous substances. The revenue share of the non-powdered gloves segment is projected to reach over $15 billion by 2025 on account of restrictions imposed on the application of the powdered ones. The medical gloves market size in India is expected to grow at CAGR of over 19 percent during the period 2019­–2025. The growth is due to the high prevalence of coronary artery diseases and cardiac diseases, which require surgical interventions. Health care professionals will continue to demand the latest medical gloves to treat acute and chronic diseases, which will promote safe and effective treatment outcomes. The emergence of new pandemic challenges such as COVID-19 will drive the future growth of the market. A strong preference for non-powdered medical gloves is also likely to drive future market growth. The North American market is expected to grow at a CAGR of over 15 percent during the period 2019­–2025. The region is characterized by high penetration of advanced treatment solutions for chronic and acute diseases, and advancements in material such as latex-free non-allergic gloves. Favorable government financial support for several surgical procedures results in the higher uptake of surgeries as well as surgical gloves. North America offers tremendous growth opportunities; therefore, the market is expected to continue to grow during the upcoming period. The U.S. is the major revenue contributor to the global market. The country holds the highest value due to better healthcare facilities and medical coverage and spending. The U.S. medical gloves market is growing at a significant rate and is likely to grow during the forecast period. The global medical gloves market share is very fragmented and is highly competitive, and characterized by the presence of many global, regional and local vendors. The vendors are offering a diverse range of medical gloves for both examination and surgical applications. Large and diversified companies account for major shares. Also, most key players such as Top Glove, Ansell, Kossan Rubber Industries, Hartalega Holdings and Supermax have demonstrated consistent growth over the last few years.

Wednesday, June 3, 2020

Rubber Division, ACS, announces June course and webinar schedule - click to expand

Arkema finalizes divestment of Functional Polyolefins business - click to expand

Engel and Hack Formenbau collaborate against COVID-19 - click to expand

Global automotive tire market forecast with a CAGR of 4.1 percent through 2027 - click to expand

PolymaxTPE announces laboratory line expansion - click to expand

Tuesday, June 2, 2020

GRI puts safety at the fore in Sri Lanka production plants - click to expand

Pirelli introduces Cinturato P7 tire with intelligent compound - click to expand

European all season tire market forecast with a CAGR of 9 percent through 2024 - click to expand

Cooper Tire to restart production at El Salto, Mexico, tire manufacturing facility - click to expand

JK Tyre begins operations in the U.S. as Western Tires, Inc. - click to expand

Orion Engineered Carbons breaks ground on logistics center in Germany - click to expand

Monday, June 1, 2020

Goodyear and Enovos will build two photovoltaic power stations in Luxembourg - click to expand

Active Minerals announces completion of Gordon, GA, facility expansion - click to expand

Thermoplastic and Silicone Elastomers U.S. 2020 Summit takes place virtually - click to expand

Lubrizol presents webinar on Estane thermoplastic polyurethane - click to expand

Yokohama's Virginia tire plant reopens - click to expand

Rubber Division, ACS, 197th Technical Meeting presentations available - click to expand

Friday, May 29, 2020

Global elastomeric coatings market forecast with a CAGR of 15 percent through 2026 - click to expand

Book of the Day: Chemical Resistance Guide for Elastomers IV - click to expand

Swan Chemical named North American distribution partner for Bolder Industries’ BolderBlack - click to expand

CCSi announces expanded capabilities and price matching policy - click to expand

Goodyear blimp returns to Europe - click to expand

Global thermoplastic polyurethane market expected to rise at a steady 6.8 percent CAGR through 2024 - click to expand

Thursday, May 28, 2020

Sibur creates sustainable development committee - click to expand

Global structural adhesives market to surpass $7 billion by 2024 - click to expand

Goodyear to donate the cost equivalency of 100 meals to Feeding America for every tire sold - click to expand

EMT technology available in North America through 2BA North America - click to expand

Disposable medical gloves market size forecast to reach $8.73 billion by 2025 - click to expand

Energy Estate and InfraCo partner to help solve waste tire mountains in Australia and New Zealand - click to expand

Wednesday, May 27, 2020

Borealis discontinues world scale polyethylene project in Kazakhstan - click to expand

Birla Carbon is first carbon black multinational to receive IATF certification across all manufacturing plants - click to expand

Huntsman brands spray polyurethane foam business as Huntsman Building Solutions - click to expand

Ashland board declares quarterly dividend - click to expand

Bridgestone announces release of Firestone FD692 drive tire - click to expand

Global sealants market projected to grow by $4.9 billion - click to expand

Market Reports

Aircraft interior elastomers market forecast at $45.5 million in 2025 - click to expand

Global automotive tire market forecast with a CAGR of 4.1 percent through 2027 - click to expand

European all-season tire market forecast with a CAGR of 9 percent through 2024 - click to expand

Global elastomeric coatings market forecast with a CAGR of 15 percent through 2026 - click to expand

Disposable Medical Gloves Market size is forecast to reach $8.73 billion by 2025 - click to expand

Global thermoplastics polyurethane market is expected to rise at a steady 6.8% CAGR through 2024 - click to expand

Global structural adhesives market to surpass $7 billion by 2024 - click to expand

Sealants market worldwide is projected to grow by $4.9 billion - click to expand

Global silicone market is estimated to register a CAGR of 5.65 percent through 2023 - click to expand

Medical glove market forecast with a CAGR of 15 percent through 2025 - click to expand

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