In 2020, the GCC Medical Gloves Market was estimated to be worth US$ 145.0 million. The market is expected to reach US$ 340.3 million by 2031, growing at a 7.9% CAGR.
Request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gc-1943
With sales increasing at a healthy 7.9% CAGR, the market is expected to be worth US$ 340.3 million by 2031.
The modernization of lifestyles in GCC countries has resulted in an increase in elective surgeries, which are not necessary for survival but are more of a luxury.
Plastic surgery, liposuction, rhinoplasty, breast augmentation, breast reduction, blepharoplasty, and other elective procedures are becoming increasingly popular in Dubai and other Gulf countries.
These surgeries eventually necessitate a supply of necessary medical supplies, including medical gloves, raising their demand.
When performing any type of surgery, the risk of glove puncture is high when using a single set of gloves.
As a result, professionals wear two sets of gloves to avoid contamination of sterile surgical equipment.
These “double gloving” practises are expected to boost sales throughout the assessment period.
Contact our Market Research Specialist@ https://www.futuremarketinsights.com/ask-question/rep-gc-1943
Key Takeaways:
- The latex material segment is expected to account for 80.2% of the total market share in 2021, growing at a 7.9% CAGR during the forecast period.
- The examination gloves segment is expected to command 55.6% of total sales in 2021, expanding at an 8.1% CAGR.
- Powdered form is expected to account for 63.7% of total market share in 2021, expanding at an 8.0% CAGR.
- Disposable gloves are expected to account for 90.5% of total market share by 2021, with sales increasing at a robust 8.0% CAGR during the forecast period.
- In 2021, hospitals will account for 67.2% of total sales.
- In terms of distribution channel, direct selling will account for 55.1% of the total market share in 2021.
- The Kingdom of Saudi Arabia (KSA) is expected to hold the largest share of the GCC medical gloves market in 2021, accounting for 76.2%.
Who is winning?
Leading players operating in the market are investing in mergers, acquisitions and collaborations with existing players and healthcare institutes to gain a competitive edge. For instance:
In August 2020, Ansell Healthcare Products LLC collaborated with Nordic company ONeMEd with an aim to expand their customer base in the Nordic countries. Ansell is one of the global leaders in hand protection equipment.
Buy Now@ https://www.futuremarketinsights.com/checkout/1943
The key market players covered by FMI include Paul Hartmann AG, Hotpack Packaging Industries LLC, Falcon (Falcon Pack),Deeko Bahrain, Salalah Medical Supplies Mfg. Co. LLC,United Medical Industries, NAFA Enterprises Ltd.,Liberty Industries, Inc., Ansell Healthcare, Mckesson Corporation, Cardinal Health, Inc., Medline Indsutries, Inc., Dynarex Corporation, Top Glove Corporation Berhad, Kimberly-Clark Corporation, Semperit AG Holding
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
