Market revenue in 2023 | USD 132.6 million |
Market revenue in 2030 | USD 224.0 million |
Growth rate | 7.8% (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 |
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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 will help companies and investors design strategic landscapes.
Natural rubber was the largest segment with a revenue share of 43.82% in 2023. Horizon Databook has segmented the South Africa 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.
Achieving universal health coverage remains a priority for the government of South Africa. As a result, South Africa spent 9% of its GDP on the healthcare industry in 2018, which was around 4% higher than WHO’s guidelines for healthcare spending, according to the Statistics South Africa. There were approximately 43,425 physicians, 6,147 dentists, 13,878 pharmacists, and 287,458 nurses working in more than 1429 hospitals in South Africa in 2016, according to Africa’s Medical Media Digest.
Growing medical and healthcare industry in the country expected to have a positive impact on disposable medical gloves market over the forecast period. An increase in the number of cases of Ebola and HIV in the past few years has contributed to the expansion of healthcare sector, which has, in turn, resulted in escalated demand for surgical disposable gloves. South Africa is witnessing exponential growth of COVID-19 cases.
As a result, South African government has pumped up its procurement drive for PPE to ensure a steady supply of these devices for the medical sector. In addition, the country also received a donation of 50,000 surgical disposable masks, 10,000 disposable medical gloves, and N95 masks, along with 2,000 goggles and protective gowns from China to fight the COVID-19.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa disposable medical gloves market , including forecasts for subscribers. This country databook contains high-level insights into South Africa disposable medical gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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