South and Central America Disposable Glove Market to Grow at a CAGR of 11.2% to reach US$ 537.05 Million from 2021 to 2028

South and Central America Disposable Glove Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Natural Rubber, Nitrile, Neoprene, Polyethylene, and Others), Type (Powdered and Powder Free), Application (Examination and Surgical), and End User (Hospital and Clinics, Diagnostic Centers, Ambulatory Surgery Centers, Home Healthcare, and Others) and Country

Publication Month : Nov 2021

  • Report Code : TIPRE00026006
  • Category : Consumer Goods
  • Status : Published
  • No. of Pages : 108
Inquire Before Buy

PRICING

$3000

$1800

The South and Central America disposable gloves market is projected to reach US$ 537.05 million by 2028 from US$ 256.04 million in 2021; it is expected to register a CAGR of 11.2% from 2021 to 2028.

Healthcare-associated infections (HAIs) are among the most frequent and adverse events in the global healthcare sector. They affect millions of patients every year, resulting in elevated rates of morbidity and mortality as well as a significant financial loss for healthcare systems. According to a survey published in the International Journal of Infectious Diseases in September 2019, 1 out of 10 individuals surveyed had at least 1 healthcare-associated infection in Latin America. Hence, the longer the patients stay in ICUs, the more are they likely to get an infection. The average rate of infection among high-risk adult patients is 17.0 episodes per 10,00 patient days.

The use of invasive devices, such as central lines, urinary catheters, and ventilators, is linked to the high frequency of infection. Gloves are personal protective gears that create a barrier between germs and the human body, and prevent the spread of disease-causing germs in hospitals. Gloves help in keeping the hands clean and reduce the chance of germ spread that can make patients or healthcare professionals sick. As a part of good clinical practices (GCP), healthcare professionals must wear gloves while touching blood, bodily fluids, bodily tissues, mucous membranes, or broken skin, even if a patient seems healthy and has no signs of infection. Therefore, gloves play a pivotal role in avoiding infections among patients as well as healthcare staff, which is a prime reason that drives their demand in the healthcare sector.

Market Insights

Managing health conditions such as obstructed labor, malignancy, injuries, infections, and cardiovascular disease requires surgical care. Moreover, hernia repair, hip and knee replacement, and gall bladder removal are among the most common ailments that require surgical procedures for treatment. The Organization for Economic Co-operation and Development (OECD) reported the higher number of hip and knee replacements surgeries in Chile an in 2019, i.e., ~154.3 per 100,000 surgeries. The continuously growing geriatric population is another major factor leading to a high number of surgical procedures. Disposable gloves are used in surgeries to avoid the direct contact of blood and other body fluids with medical staff as well as other patients, thus reducing the risk of germ spreading to the atmosphere. Thus, an increasing number of surgical procedures is propelling the disposable gloves market in South and Central America.

South and Central America Disposable Glove Market, by Material– 2021 and 2028

South and Central America Disposable Glove Market, by Material– 2021 and 2028
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Type: Insights

Based on type, the global South and Central America Disposable Glove market is segmented into powdered and powder free. The powder free segment is expected to hold a larger share of the market in 2021 and is expected to register a higher CAGR in the market during the forecast period. The production of powder-free gloves grew after the ban was proposed in various countries for powdered gloves. Powder-free disposable gloves contain fewer chemicals and endotoxins. They are made from natural rubber and have fewer protein content, which makes them less allergenic and more skin tolerable. Ansell, Abena UK Ltd, Unigloves (UK) Limited, and Cardinal Health, among others, offer powdered-free disposable gloves in the market.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

South and Central America Disposable Glove Market: Strategic Insights

south-and-central-america-disposable-glove-market
Analyst Image

Shejal

Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Collaborations, product innovations, technology partnerships, and other business strategies by the players in the South and Central America disposable glove market to bridge the demand–supply gap.

By Material

  • Natural Rubber
  • Nitrile
  • Neoprene
  • Polyethylene
  • Others

By Type

  • Powdered
  • Powder Free

By Application

  • Examination
  • Surgical

By End User

  • Hospital and Clinics
  • Diagnostic Centers
  • Ambulatory Surgery Centers
  • Home Healthcare
  • Others

By Country

  • Brazil
  • Argentina
  • Dominican Republic
  • Puerto Rico
  • Chile
  • Colombia
  • Peru
  • Ecuador
  • Mexico
  • Rest of South and Central America

Company Profiles

  • B. Braun
  • Melsungen AG
  • RUBBEREX
  • Cardinal Health Inc
  • Kossan Rubber Industries Bhd
  • Supermax Corporation Berhad
  • Hartalega Holdings Berhad
  • Top Glove Corporation Bhd
  • Ansell Limited
  • Mölnlycke Health Care AB
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

The List of Companies - South and Central America Disposable Gloves Market

  1. B. Braun
  2. Melsungen AG
  3. RUBBEREX
  4. Cardinal Health Inc
  5. Kossan Rubber Industries Bhd
  6. Supermax Corporation Berhad
  7. Hartalega Holdings Berhad
  8. Top Glove Corporation Bhd
  9. Ansell Limited
  10. Mölnlycke Health Care AB

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to South and Central America Disposable Glove Market