The GCC medical glove industry value in 2019 was USD 152.1 million and it witnessed a year-on-year growth rate of 1.9% in the following five years. The medical glove industry in GCC is estimated to be valued at around USD 170.3 million in 2024.
As per the new findings, medical disposable glove sales in GCC are projected to increase at 2.3% CAGR through 2034. Further analysis of the industry reveals the GCC medical glove industry value is expected to reach USD 213.7 million by 2034.
The significance of medical disposable gloves in preventing infections was highlighted during the pandemic years resulting in stockpiling and their higher usage in the Gulf countries. Further, the rising demand for disposable medical gloves in the Gulf Cooperation Council countries can be attributed to increased healthcare spending and the higher influx of medical tourists.
Key Takeaways from the GCC Medical Glove Industry Study Report:
- The regional industry is expected to witness absolute growth opportunity of USD 43 million over the next ten years.
- The Kingdom of Saudi Arabia (KSA) is expected to remain a key region for medical gloves by expanding at a rate of 3.8% per year till 2034.
- Demand for medical gloves in the UAE is expected to rise at a lucrative CAGR of 4% through the projected years.
- The disposable examination gloves segment is estimated to account for 69% of the total industry share in 2024.
- In terms of end users, sales of medical gloves to hospitals in GCC is expected to account for 49% of the total industry share in 2024.
Competitive Landscape for the GCC Medical Glove Industry Participants:
The medical glove industry in the Gulf Cooperation Council (GCC) is moderately competitive. However, with the advancements in material science and manufacturing techniques, a rise in local medical glove manufacturers can be witnessed these days. Meanwhile, the established players are adopting new product designs to stay competitive in the present time. For instance, the curved finger shape and contoured palm of Ansell’s Solvex® nitrile gloves provide a stable wet grip.
“The GCC nations’ governments have imposed stringent regulations and have increased investment in healthcare equipment industries to foster a safety-conscious culture. The inclusion of overseas companies is also encouraged by different national governments to assist the growth of the health industry,” – says a lead analyst at FMI
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Recent Developments by the GCC Medical Glove Industry Players:
In June 2021, Hotpack Global, the world’s largest producer of disposable food packaging goods, launched `Eco Store.’ It was the company’s first unique online retail location for eco-friendly food packaging products, including disposable gloves, in the United Arab Emirates. The firm also stated that there is a growing demand for green packaging goods globally due to increased environmental consciousness
In April 2023, Anshell Healthcare introduced its chemically Resistant Nitrile Gloves Ansell AlphaTec® 37-185. Strong and chemical resistance combine to provide an exceptional combination in the high-performance nitrile compound. These gloves provide better snag, puncture, and abrasion protection than rubber or neoprene gloves since they are latex-free and unlined. The firm claims it to be ideal for intensive cleaning tasks as the gloves won’t deteriorate, bloat, or weaken.
Key Players Profiled in the GCC Medical Glove Industry Report:
- 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 Industries, Inc.
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
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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