Assessment of COVID-19’s Effect on Medical Disposable Gloves Market 2020–2024 | Increasing Preference for Powder-Free Gloves to Augment Growth | Technavio
Technavio has been monitoring the medical disposable gloves market and it is poised to grow by USD 2.64 billion during 2020–2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ansell Ltd., B. Braun Melsungen AG, Cardinal Health Inc., Hartalega Holdings Berhad, Kossan Rubber Industries Bhd, Mölnlycke Health Care AB, Owens & Minor Inc., Supermax Corp. Berhad, Thermo Fisher Scientific Inc., and Top Glove Corp. Bhd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing preference for powder-free gloves has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/medical-disposable-gloves-market-industry-analysis
Medical Disposable Gloves Market 2020–2024: Segmentation
Medical Disposable Gloves Market is segmented as below:
- Product
- Geographic Landscape
- Synthetic Gloves
- Natural Rubber Gloves
- Asia
- Europe
- North America
- ROW
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40758
Medical Disposable Gloves Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The medical disposable gloves market report covers the following areas:
- Medical Disposable Gloves Market Size
- Medical Disposable Gloves Market Trends
- Medical Disposable Gloves Market Analysis
This study identifies an increasing focus on the development of non-leaching antimicrobial gloves as one of the prime reasons driving the medical disposable gloves market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
