Medical gloves market forecast at $19.3 billion by 2027
Chicago, IL – The global medical gloves market, valued at USD 11.09 billion in 2021, is expected to grow at a CAGR of 9.69% to reach USD 19.32 billion by 2027 according to Arizton. Medical gloves are essential to personal protective equipment (PPE) kits that protect against harmful bacteria and viruses. Thus, the global medical gloves market is expected to grow as healthcare facilities, such as hospitals, diagnostics labs, clinics, and others, support the growth. As it helps health professionals and patients prevent contamination, thereby reducing the spread of infections and disease transmission. The global medical gloves market shipments are expected to reach 524.41 billion units by 2027.
The World Health Organization (WHO) endorses that gloves should be used to reduce the risk of contamination with blood and other body fluids and decrease the spread and transmission of germs from a health professional to patients and vice versa. In addition, the medical gloves market is expected to grow as they protect against chemical and biological agents, good structural stability, mechanical strength, and resistance. They guarantee durability and multifunctionality in a diversified environment.
In 2022, the Monkeypox disease spread in many countries. One of the preventive measures includes the usage of medical gloves among healthcare professionals. Such factors are contributing to the consistent medical gloves market growth. The WHO issued guidelines to support surveillance, laboratory work, clinical care, infection prevention and control, risk communication, and community engagement to educate vulnerable communities and the public about monkeypox. Recommended personal protective equipment (PPE) includes medical gloves, gown, medical mask, and eye protection – goggles or face shield. This expects to increase the demand for medical gloves among healthcare facilities.