GCC medical glove industry for Remarkable Growth, Expected to Reach USD 213.7 Million by 2034 at a 2.3% of CAGR

GCC medical glove industry

The GCC medical glove industry is on track for significant advancements, with an estimated value of USD 170.3 million in 2024, according to the latest industry analysis report. Driven by a growing focus on hygiene practices in the healthcare sector, the demand for medical gloves is set to rise across the Gulf Cooperation Council region.

As healthcare providers emphasize the importance of adequate hygiene, the market is projected to expand at a steady Compound Annual Growth Rate (CAGR) of 2.3% over the next decade. By 2034, the GCC medical glove industry is expected to reach a value of nearly USD 213.7 million.

This growth underscores the critical role of medical gloves in safeguarding health and ensuring the safety of both healthcare professionals and patients. With continuous innovations and stringent hygiene standards, the industry is well-positioned to meet the increasing demand for high-quality medical gloves.

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This increase is mostly being caused by the GCC healthcare sector’s rising emphasis on maintaining high standards of cleanliness. Medical gloves are necessary to ensure the safety of patients and healthcare providers as well as to halt the spread of infections. Medical gloves are expected to be in demand in the future years due to rising awareness of hygiene standards, which will fuel the market’s growth

The GCC medical glove market is expected to benefit from several factors over the coming years, including:

• Growing awareness of hygiene protocols within the healthcare sector
• Increasing focus on patient safety
• Rise in medical procedures requiring glove use

While the projected growth rate is moderate, the overall market size is expected to expand steadily, reflecting the ongoing importance of medical gloves in the GCC healthcare landscape.

Key Takeaways:

• By raw material, the latex material segment is expected to hold 80.2% of the total market share in 2021, expanding at 7.9% CAGR during the forecast period.
• Based on product type, the examination gloves segment is projected to command 55.6% of total sales in 2021, expanding at 8.1% CAGR.
• By form, the powdered form segment is expected to hold 63.7% of the total market share in 2021, expanding at 8.0% CAGR.
• By type of use, sales of disposable gloves are anticipated to hold 90.5% of the total market share 2021, and are to projected to increase at a robust 8.0% CAGR over the forecast period.
• By end use, hospitals will account for 67.2% of total sales in 2021.
• By distribution channel, the direct selling channel will account for 55.1% of the total market share in 2021.
• Kingdom of Saudi Arabia (KSA) is anticipated to hold the largest share of 76.2% of the GCC medical gloves market in 2021.

Competitive Landscape for GCC Medical Glove Industry

The overall industry is currently moderately competitive as there are a few manufacturers operating at scale in different Gulf countries.

Companies operating in the medical gloves industry are aiming to strengthen their position through partnerships, collaborations, mergers & acquisitions, and agreements with established players, and other healthcare institutions. In addition to this, governments in GCC countries are increasing their investments in the expansion of the healthcare sector, which in turn is encouraging the emergence of new regional players.

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Recent Developments in the GCC Medical Glove Industry

In January 2021, Medline Industries announced a strategic partnership with the University of California, Davis / UC Davis. Students returning to the campus were provided custom PPE kits to be worn to avoid the spread of the COVID-19 virus. This way awareness and education among the peers were spread to reduce the strain on healthcare professionals.

Kimberly-Clark Corporation introduced the Kimtech Opal Nitrile Gloves in February 2022, with the purpose of guarding against microbiological and chemical splash dangers. These innovative gloves don’t include latex or vulcanizing chemicals, which reduces the possibility of skin responses related to Type I and Type IV allergies

Key Companies Profiled:

• 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 Indsutries, 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

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