Canada Disposable Medical Gloves Market Size & Outlook
The disposable medical gloves market in Canada is expected to reach a projected revenue of US$ 383.8 million by 2030. A compound annual growth rate of 8% is expected of Canada disposable medical gloves market from 2024 to 2030.
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Canada disposable medical gloves market highlights
The Canada disposable medical gloves market generated a revenue of USD 224.1 million in 2023 and is expected to reach USD 383.8 million by 2030.
The Canada market is expected to grow at a CAGR of 8% from 2024 to 2030.
In terms of segment, natural rubber was the largest revenue generating material in 2023.
Nitrile is the most lucrative material segment registering the fastest growth during the forecast period.
Disposable medical gloves market data book summary
Market revenue in 2023
USD 224.1 million
Market revenue in 2030
USD 383.8 million
Growth rate
8% (CAGR from 2023 to 2030)
Largest segment
Natural rubber
Fastest growing segment
Nitrile
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, Other Material
Key market players worldwide
Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd, Kossan Rubber Industries Bhd, Cardinal Health Inc, Semperit AG Holding, RUBBEREX, Dynarex Corporation, B. Braun Medical
Other key industry trends
In terms of revenue, Canada accounted for 3.2% of the global disposable medical gloves market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. disposable medical gloves market is projected to lead the regional market in terms of revenue in 2030.
U.S. is the fastest growing regional market in North America and is projected to reach USD 4,173.7 million by 2030.
Several factors including rising geriatric population coupled with substantial investments in both public and private sectors are expected to drive the healthcare industry in the country, which, in turn, is anticipated to have a positive impact on the demand for disposable medical gloves over the forecast period.
Healthcare spending in Canada represents a significant portion of the country’s GDP. According to the Organization for Economic Co-operation and Development (OECD), the health spending in Canada stood at 11.5% of the country’s GDP in 2019. Moreover, healthcare spending in Canada is further expected to increase due to the growing as well as aging population.
Thus, the aging population is further expected to drive the demand for healthcare services, thereby benefitting the market growth of disposable medical gloves over the forecast period.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Disposable Medical Gloves Market Outlook will help companies and investors design strategic landscapes.
Natural Rubber was the largest segment with a revenue share of 37.48% in 2023.
Horizon Databook has segmented the Canada disposable medical gloves market based on natural rubber, nitrile, vinyl, neoprene, polyethylene, other material covering the revenue growth of each sub-segment from 2018 to 2030.
Several factors including rising geriatric population coupled with substantial investments in both public and private sectors are expected to drive the healthcare industry in the country, which, in turn, is anticipated to have a positive impact on the demand for disposable medical gloves over the forecast period.
Healthcare spending in Canada represents a significant portion of the country’s GDP. According to the Organization for Economic Co-operation and Development (OECD), the health spending in Canada stood at 11.5% of the country’s GDP in 2019. Moreover, healthcare spending in Canada is further expected to increase due to the growing as well as aging population.
Thus, the aging population is further expected to drive the demand for healthcare services, thereby benefitting the market growth of disposable medical gloves over the forecast period.
Canada Disposable Medical Gloves Market Material Outlook (Revenue, USD Million , 2018-2030)
Natural Rubber
Nitrile
Vinyl
Neoprene
Polyethylene
Other Material
Canada Disposable Medical Gloves Market Application Outlook (Revenue, USD Million , 2018-2030)
Examination
Surgical
Canada Disposable Medical Gloves Market End-use Outlook (Revenue, USD Million , 2018-2030)
Hospitals
Home Healthcare
Outpatient/Primary Care Facilities
Other end-use
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Disposable Medical Gloves Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Disposable Medical Gloves Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Disposable Medical Gloves Market, 2018-2030 (US$M)