The GCC medical glove industry is on a steady growth trajectory, with its value estimated to reach USD 170.3 million in 2024, according to the latest industry analysis report. This growth is fueled by a heightened focus on adequate hygiene practices within the healthcare sector across the Gulf Cooperation Council (GCC) region.
Over the forecast period, the industry is projected to grow at a moderate compound annual growth rate (CAGR) of 2.3%, with the market share anticipated to hit nearly USD 213.7 million by 2034. This promising growth highlights the increasing demand for medical gloves, driven by the ongoing emphasis on hygiene and safety in medical settings.
As the healthcare sector continues to prioritize infection control and patient safety, the demand for high-quality medical gloves is expected to rise. This trend is reflective of broader efforts to improve healthcare standards and ensure the well-being of patients and medical professionals alike.
Get your PDF Sample Report:
https://www.futuremarketinsights.com/reports/sample/rep-gc-1943
This increase is mostly being caused by the GCC healthcare sector’s rising emphasis on maintaining high standards of cleanliness. Medical gloves are necessary to ensure the safety of patients and healthcare providers as well as to halt the spread of infections. Medical gloves are expected to be in demand in the future years due to rising awareness of hygiene standards, which will fuel the market’s growth
The GCC medical glove market is expected to benefit from several factors over the coming years, including:
- Growing awareness of hygiene protocols within the healthcare sector
- Increasing focus on patient safety
- Rise in medical procedures requiring glove use
While the projected growth rate is moderate, the overall market size is expected to expand steadily, reflecting the ongoing importance of medical gloves in the GCC healthcare landscape.
Key Takeaways:
- By raw material, the latex material segment is expected to hold 80.2% of the total market share in 2021, expanding at 7.9% CAGR during the forecast period.
- Based on product type, the examination gloves segment is projected to command 55.6% of total sales in 2021, expanding at 8.1% CAGR.
- By form, the powdered form segment is expected to hold 63.7% of the total market share in 2021, expanding at 8.0% CAGR.
- By type of use, sales of disposable gloves are anticipated to hold 90.5% of the total market share 2021, and are to projected to increase at a robust 8.0% CAGR over the forecast period.
- By end use, hospitals will account for 67.2% of total sales in 2021.
- By distribution channel, the direct selling channel will account for 55.1% of the total market share in 2021.
- Kingdom of Saudi Arabia (KSA) is anticipated to hold the largest share of 76.2% of the GCC medical gloves market in 2021.
Competitive Landscape for GCC Medical Glove Industry
The overall industry is currently moderately competitive as there are a few manufacturers operating at scale in different Gulf countries.
Companies operating in the medical gloves industry are aiming to strengthen their position through partnerships, collaborations, mergers & acquisitions, and agreements with established players, and other healthcare institutions. In addition to this, governments in GCC countries are increasing their investments in the expansion of the healthcare sector, which in turn is encouraging the emergence of new regional players.
Customization Available:
https://www.futuremarketinsights.com/customization-available/REP-GC-1943
Recent Developments in the GCC Medical Glove Industry
In January 2021, Medline Industries announced a strategic partnership with the University of California, Davis / UC Davis. Students returning to the campus were provided custom PPE kits to be worn to avoid the spread of the COVID-19 virus. This way awareness and education among the peers were spread to reduce the strain on healthcare professionals.
Kimberly-Clark Corporation introduced the Kimtech Opal Nitrile Gloves in February 2022, with the purpose of guarding against microbiological and chemical splash dangers. These innovative gloves don’t include latex or vulcanizing chemicals, which reduces the possibility of skin responses related to Type I and Type IV allergies
Key Companies Profiled:
- 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
Key Segments Covered by GCC Medical Glove Industry Survey Report:
By Raw Material:
- Latex
- Nitrile Rubber
- Vinyl Rubber
- Polyisoprene
- Other Materials
By Product Type:
- Examination
- Surgical
- Chemotherapy
By Form:
- Powdered form Gloves
- Powder-free form Gloves
By Type of Use:
- Disposable Gloves
- Re-usable Gloves
By End User:
- Hospital Use
- Clinic Use
- Ambulatory Surgery Centre Use
- Diagnostic Imaging Centre Use
- Rehabilitation Centre Use
By Distribution Channel:
- Direct Selling Channel
- Medical Store Channel
- E-Commerce Channel
- Other (Retail Store or Hypermarket) Channel
By Countries:
- Kingdom of Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Qatar
- Bahrain
- Oman
- Kuwait
Secure Your Market Analysis Now: Purchase Now to Access:
https://www.futuremarketinsights.com/checkout/1943
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
