China Disposable Medical Gloves Market Size & Outlook
The disposable medical gloves market in China is expected to reach a projected revenue of US$ 820.9 million by 2030. A compound annual growth rate of 9.4% is expected of China disposable medical gloves market from 2024 to 2030.
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China disposable medical gloves market highlights
The China disposable medical gloves market generated a revenue of USD 438.4 million in 2023 and is expected to reach USD 820.9 million by 2030.
The China market is expected to grow at a CAGR of 9.4% 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 438.4 million
Market revenue in 2030
USD 820.9 million
Growth rate
9.4% (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, China accounted for 6.3% 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 Asia Pacific, China disposable medical gloves market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 388.8 million by 2030.
Medical & healthcare industry in China is expected to grow at a rapid pace owing to several factors including aging population, urbanization, improving standard of living, and expanding healthcare infrastructure. Rising healthcare expenditure is expected to contribute to the growth of healthcare sector in the country.
These factors are expected to have a positive impact on the growth of the disposable medical gloves market over the forecast period. For instance, in April 2020, the Asian Infrastructure Investment Bank (AIIB) approved a loan worth USD 352.2 million to support public healthcare infrastructure in China post the COVID-19 pandemic.
In addition, UPMC International partnered with Wanda Group for a project worth USD 2 billion to build at least five hospitals in five major cities in China. As a part of this project, in November 2019, UPMC International and the Wanda Group broke the ground for the construction of a hospital in Chengdu, Sichuan, China.
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 36.11% in 2023.
Horizon Databook has segmented the China 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.
Medical & healthcare industry in China is expected to grow at a rapid pace owing to several factors including aging population, urbanization, improving standard of living, and expanding healthcare infrastructure. Rising healthcare expenditure is expected to contribute to the growth of healthcare sector in the country.
These factors are expected to have a positive impact on the growth of the disposable medical gloves market over the forecast period. For instance, in April 2020, the Asian Infrastructure Investment Bank (AIIB) approved a loan worth USD 352.2 million to support public healthcare infrastructure in China post the COVID-19 pandemic.
In addition, UPMC International partnered with Wanda Group for a project worth USD 2 billion to build at least five hospitals in five major cities in China. As a part of this project, in November 2019, UPMC International and the Wanda Group broke the ground for the construction of a hospital in Chengdu, Sichuan, China.
China Disposable Medical Gloves Market Material Outlook (Revenue, USD Million , 2018-2030)
Natural Rubber
Nitrile
Vinyl
Neoprene
Polyethylene
Other Material
China Disposable Medical Gloves Market Application Outlook (Revenue, USD Million , 2018-2030)
Examination
Surgical
China 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 China Disposable Medical Gloves Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Disposable Medical Gloves Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Disposable Medical Gloves Market, 2018-2030 (US$M)