The GCC medical gloves market is experiencing significant growth, driven by a heightened focus on hygiene and infection prevention in healthcare settings. Also opportunity for manufacturers and suppliers who focus on product innovation, quality, and compliance with stringent healthcare regulations.

NEWARK, DE / ACCESSWIRE / July 17, 2024 / The GCC Medical Glove Marketvalue in 2019 was USD 152.1 million and it witnessed a year-on-year growth rate of 1.9% in the following five years. The medical glove industry in GCC is estimated to be valued at around USD 170.3 million in 2024.

As per the new findings, medical disposable glove sales in GCC are projected to increase at 2.3% CAGR through 2034. Further analysis of the industry reveals the GCC medical glove industry value is expected to reach USD 213.7 million by 2034.

The significance of medical disposable gloves in preventing infections was highlighted during the pandemic years resulting in stockpiling and their higher usage in the Gulf countries. Further, the rising demand for disposable medical gloves in the Gulf Cooperation Council countries can be attributed to increased healthcare spending and the higher influx of medical tourists.

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Key Takeaways from the GCC Medical Glove Market Study Report

• The regional industry is expected to witness absolute growth opportunity of USD 43 million over the next ten years.

• The Kingdom of Saudi Arabia (KSA) is expected to remain a key region for medical gloves by expanding at a rate of 3.8% per year till 2034.

• Demand for medical gloves in the UAE is expected to rise at a lucrative CAGR of 4% through the projected years.

• The disposable examination gloves segment is estimated to account for 69% of the total industry share in 2024.

• In terms of end users, sales of medical gloves to hospitals in GCC is expected to account for 49% of the total industry share in 2024.

What are the Key Opportunities for in the GCC Medical Gloves Market?

Medical Tourism has been on the rise in the UAE for the past decade. As published by Duphat, medical tourism generated total revenue of US$ 3.29 Billion in 2018. Patients from the west are traveling to the UAE due to a lack of insurance coverage and ever-rising costs of procedures like dental, dermatology, orthopedic, etc.

The rise in allergic reactions due to the use of latex material used in gloves is compelling manufacturers to introduce new materials for better safety. These allergies happen due to the proteins present in the natural latex and can cause serious anaphylactic reactions apart from skin discomfort.

As a substitute to natural latex, applications of nitrile gloves have increased which are made from synthetically created latex. These non-latex gloves are made from materials like nitrile rubber, vinyl, and polyisoprene. This is expected to create opportunities for growth for market players in GCC countries.

In addition to this, governments in GCC countries are increasing their investments in the expansion of the healthcare sector, which in turn is boosting the market. For instance, in UAE, nationwide health policies are being drafted and regularly regulated by the authorities of the Northern Emirates.

The inclusion of overseas companies is encouraged by the Ministry of Health to assist the growth of the health industry.

Dubai has adopted a patient-centric model based on similar models used by other nations, where a plan of action is set for 10 years to enhance its existing system. The Saudi Arabian government is also encouraging the participation of private players.

"The GCC nations' governments have imposed stringent regulations and have increased investment in healthcare equipment industries to foster a safety-conscious culture. The inclusion of overseas companies is also encouraged by different national governments to assist the growth of the health industry," - Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Competitive Landscape for the GCC Medical Glove Industry Participants

The medical glove industry in the Gulf Cooperation Council (GCC) is moderately competitive. However, with the advancements in material science and manufacturing techniques, a rise in local medical glove manufacturers can be witnessed these days. Meanwhile, the established players are adopting new product designs to stay competitive in the present time. For instance, the curved finger shape and contoured palm of Ansell's Solvex® nitrile gloves provide a stable wet grip.

Recent Developments by the GCC Medical Glove Market Players

In June 2021, Hotpack Global, the world's largest producer of disposable food packaging goods, launched `Eco Store.' It was the company's first unique online retail location for eco-friendly food packaging products, including disposable gloves, in the United Arab Emirates. The firm also stated that there is a growing demand for green packaging goods globally due to increased environmental consciousness

In April 2023, Anshell Healthcare introduced its chemically Resistant Nitrile Gloves Ansell AlphaTec® 37-185. Strong and chemical resistance combine to provide an exceptional combination in the high-performance nitrile compound. These gloves provide better snag, puncture, and abrasion protection than rubber or neoprene gloves since they are latex-free and unlined. The firm claims it to be ideal for intensive cleaning tasks as the gloves won't deteriorate, bloat, or weaken.

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Key Players Profiled in the GCC Medical Glove Industry Report

• 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 Industries, 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

Authored by

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

Have a Look at the Related Report from the GCC Medical Glove Market:

Sales of syringes and needles in GCC are set to rise at a 5.40% CAGR through 2034. Demand outlook for syringes and needles in GCC indicates crossing USD 688.5 million in 2024.

The disposable gloves market is growing steadily, with a projected market size of USD 15.8 billion in 2024. By 2034, the market is expected to reach a value of USD 50.5 billion

The global Examination Gloves market is expected to witness a market value of USD 7.91 Billion in 2023 and is expected to accumulate a market value of USD 16.0 Billion by registering a CAGR of 7.3%

The hospital consumables market to reach a valuation of USD 383.8 million in 2022, up from US$ 346 million in 2021.

Global demand for medical protective equipment is expected to reach USD 52.8 billion in 2033, expanding at a CAGR of 9.5%

The hospital supplies market are estimated to reach a valuation of USD 29.5 Billion in 2022. According to the study, hospitals held a substantial share of 47.2% in 2021

The medical cleaning devices market is anticipated to flourish at a steady CAGR of 10.5% between 2023 and 2033. The market is expected to hold a market share of USD 62.99 billion by 2033

The global digital health market value is estimated to be USD 8,131.3 million in 2024. The overall market is predicted to grow at a promising CAGR of 7.4% during the forecast period.

The electronic medical record ecosystem highlights various opportunities and growth spots for the coming decade.

The global medical automation market is estimated to secure a valuation of USD 48,626.2 million in 2023 and reach up to USD 103,052.3 million by 2033.

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