In 2019, the GCC medical glove market was valued at USD 152.1 million and experienced a year-on-year growth of 1.9% over the next five years, reaching an estimated USD 170.3 million in 2024.
According to recent data, sales of medical disposable gloves in the GCC are expected to grow at a 2.3% CAGR through 2034, with the market projected to reach USD 213.7 million by that year. The importance of disposable medical gloves in infection prevention was underscored during the pandemic, leading to increased usage in Gulf countries. Additionally, higher healthcare spending and a surge in medical tourism are contributing to the rising demand for medical gloves in the region.
Key Takeaways from the GCC Medical Glove Market 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.
What are the Key Opportunities for in the GCC Medical Gloves Market?
Medical Tourism has been on the rise in the UAE for the past decade. As published by Duphat, medical tourism generated total revenue of US$ 3.29 Billion in 2018. Patients from the west are traveling to the UAE due to a lack of insurance coverage and ever-rising costs of procedures like dental, dermatology, orthopedic, etc.
The rise in allergic reactions due to the use of latex material used in gloves is compelling manufacturers to introduce new materials for better safety. These allergies happen due to the proteins present in the natural latex and can cause serious anaphylactic reactions apart from skin discomfort.
As a substitute to natural latex, applications of nitrile gloves have increased which are made from synthetically created latex. These non-latex gloves are made from materials like nitrile rubber, vinyl, and polyisoprene. This is expected to create opportunities for growth for market players in GCC countries.
In addition to this, governments in GCC countries are increasing their investments in the expansion of the healthcare sector, which in turn is boosting the market. For instance, in UAE, nationwide health policies are being drafted and regularly regulated by the authorities of the Northern Emirates.
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.
Recent Developments by the GCC Medical Glove Market 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.
- 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
Report Preview: https://www.futuremarketinsights.com/reports/gcc-medical-gloves-market
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