
1 minute read
Medical Gloves Market
The rigid prices by several market players for the same quality gloves have lowered the market value among the customers, thereby hindering their adoption rate, especially in emerging markets. On the other hand, exposure to COVID-19 drives the demand for medical gloves for several healthcare operations. This comes from adopting competitive evaluating strategies by several market players for customer acquisition.
COVID-19 boosted the Medical Gloves Industry
Advertisement
The COVID-19 pandemic has particularly impacted the medical gloves industry, as it has given rise to an unexpected surge in demand for medical supplies. As a result, the healthcare industry is generating a huge demand for personal protective equipment (PPE), like medical gloves, to keep safe patients and frontline health workers from the transmission of the virus during medical examinations and treatment. Besides, the expanding pool of patients has resulted in a significant rise in the number of suppliers of these products.