LONDON–(BUSINESS WIRE)–The sterile gloves market in APAC is expected to grow by USD 212.42 million as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. Steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 10%.
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The incidence of COVID-19 has increased in India, Japan, Malaysia, South Korea, Thailand, and other APAC countries. This has significantly increased the demand for medical gloves for handling patients suspected or confirmed with COVID-19 in healthcare facilities in APAC. Besides, the strong presence of global and local vendors in these countries is fueling the growth of the sterile gloves market in APAC.
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The market is driven by the increasing incidence of infectious and contagious diseases. In addition, technological advances are anticipated to boost the growth of the sterile gloves market.
Contagious diseases such as influenza, common flu, severe acute respiratory syndrome (SARS), tuberculosis, and Coronavirus Disease (COVID-19) have been increasing significantly across APAC. The confirmed cases of coronavirus patients are also increasing exponentially in Australia, Pakistan, India, Indonesia, Taiwan, and other countries. The rising incidence of COVID-19 cases has increased the demand for diagnostic tests to provide necessary treatment to patients. This has increased the demand for personal protective equipment (PPE) to prevent healthcare professionals from getting infected with the virus. Sterile gloves form a crucial part of PPE worn by healthcare professionals. Therefore, the rising incidence of infectious and contagious diseases is expected to foster the growth of the sterile gloves market in APAC during the forecast period.
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Major Five Sterile Gloves Companies in APAC:
Ansell Ltd.
Ansell Ltd. operates its business through segments such as Industrial and Healthcare. The company offers sterile gloves under the brands, GAMMEX and MICRO-TOUCH DermaClean Sterile.
B. Braun Melsungen AG
B. Braun Melsungen AG operates its business through segments such as B. Braun Hospital Care, B. Braun Aesculap, B. Braun Out Patient Market, and B. Braun Avitum. The company offers sterile gloves under the brand, Vasco OP Sensitive.
Cardinal Health Inc.
Cardinal Health Inc. operates its business through segments such as Pharmaceutical and Medical. The company offers sterile gloves under the brand, Protexis.
Dynarex Corp.
Dynarex Corp. operates its business through segments such as Disposable medical products and Durable medical equipment. The company offers sterile gloves under the brand, Dynarex.
Kimberly-Clark Corp.
Kimberly-Clark Corp. operates its business through segments such as Personal Care, Consumer Tissue, and K-C Professional (KCP). The company offers sterile gloves under the brand, KIMTECH PURE.
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Sterile Gloves Market in APAC Material Outlook (Revenue, USD Million, 2020-2024)
- Synthetic gloves
- Natural rubber gloves
Sterile Gloves Market in APAC Regional Outlook (Revenue, USD Million, 2020-2024)
- Japan
- China
- Australia
- India
- Rest of APAC
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