Latin America Disposable Medical Gloves Market Size & Outlook
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- Disposable Medical Gloves Market Outlook
- Industrial Safety Products & Solutions
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Latin America disposable medical gloves market highlights
- The Latin America disposable medical gloves market generated a revenue of USD 547.8 million in 2023.
- The market is expected to grow at a CAGR of 7.9% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 547.8 million |
| Market revenue in 2030 | USD 935.7 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Natural rubber |
| Fastest growing segment | Nitrile |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 7.9% of the global disposable medical gloves market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,415.2 million by 2030.
The demand for healthcare services is on the rise owing to several factors including the aging population on account of longer life expectancy and lower birth rates coupled with rising instances of non-communicable and chronic diseases and expanding healthcare coverage. In addition, public-private partnerships are increasing in healthcare sector.
Thus, improving healthcare infrastructure coupled with the expanding healthcare industry is expected to benefit the growth of disposable medical gloves market in the region over the forecast period. The COVID-19 pandemic has affected several countries and regions across the globe and Central & South America is no exception. Moreover, the pandemic has created a shortage of PPE in the region and across the globe.
Thus, to tackle the shortage of PPE, organizations such as the United Nations Children's Fund (UNICEF) are supplying health and hygiene products to governments and families across various countries in the region. These locally procured and distributed supplies include soap, hand sanitizer, and PPE such as disposable medical gloves, masks, disposable face shields, gowns, coveralls, and goggles.
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Disposable Medical Gloves Market Scope
Disposable Medical Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cardinal Health Inc | View profile | 48,000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | www.cardinalhealth.com |
| Ansell Ltd | View profile | 14,414 | 678 Victoria Street, Level 3, Richmond, VIC, Australia, 3121 | www.ansell.com |
| Hartalega Holdings Bhd | View profile | 7,562 | C-G-9, Jalan Dataran SD1, Dataran SD, PJU9, Bandar Sri Damansara, Kuala Lumpur, SGR, Malaysia, 52200 | www.hartalega.com.my |
| Supermax Corp Bhd | View profile | 1,575 | Lot 38, Putra Industrial Park, Bukit Rahman Putra, Petaling Jaya, SGR, Malaysia, 40160 | www.supermax.com.my |
| Kossan Rubber Industries Bhd | View profile | 6,762 | Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, Malaysia, 42100 | www.kossan.com.my |
| Top Glove Corporation Bhd | View profile | 10001+ | Klang, Selangor, Malaysia, Asia | www.topglove.com |
| Semperit AG Holding | View profile | 4,285 | Am Belvedere 10, Vienna, Austria, 1100 | www.semperitgroup.com |
| RUBBEREX | View profile | 1001-5000 | Ipoh, Perak, Malaysia, Asia | www.rubberex.com.my/ |
| Dynarex Corporation | View profile | 51-100 | Orangeburg, New York, United States, North America | dynarex.com/ |
| B. Braun Medical | View profile | 10001+ | Bethlehem, Pennsylvania, United States, North America | www.bbraunusa.com |
Latin America Disposable Medical Gloves Market Outlook
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 36.35% in 2023.
Horizon Databook has segmented the Latin America 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.
The demand for healthcare services is on the rise owing to several factors including the aging population on account of longer life expectancy and lower birth rates coupled with rising instances of non-communicable and chronic diseases and expanding healthcare coverage. In addition, public-private partnerships are increasing in healthcare sector.
Thus, improving healthcare infrastructure coupled with the expanding healthcare industry is expected to benefit the growth of disposable medical gloves market in the region over the forecast period. The COVID-19 pandemic has affected several countries and regions across the globe and Central & South America is no exception. Moreover, the pandemic has created a shortage of PPE in the region and across the globe.
Thus, to tackle the shortage of PPE, organizations such as the United Nations Children's Fund (UNICEF) are supplying health and hygiene products to governments and families across various countries in the region. These locally procured and distributed supplies include soap, hand sanitizer, and PPE such as disposable medical gloves, masks, disposable face shields, gowns, coveralls, and goggles.
- Latin America Disposable Medical Gloves Market Material Outlook (Revenue, USD Million , 2018-2030)
- Natural Rubber
- Nitrile
- Vinyl
- Neoprene
- Polyethylene
- Other Material
- Latin America Disposable Medical Gloves Market Application Outlook (Revenue, USD Million , 2018-2030)
- Examination
- Surgical
- Latin America 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 continent-level data and insights on the Latin America Disposable Medical Gloves Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Disposable Medical Gloves Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Disposable Medical Gloves Market, 2018-2030 (US$M)
Latin America disposable medical gloves market statistics, by material, 2018-2030 (US$M)
