North America Medical Gloves Market to grow at 10.1% CAGR from 2020 to 2026: Graphical Research North America Medical Gloves Market Size is estimated to hit USD 5.0 Billion By 2026. Increasing number of surgical procedures and growing awareness pertaining to safety and hygiene in the region will augment the North America medical gloves market growth. Growing awareness regarding safety and hygiene will uplift the demand for medical gloves across North America region. Several healthcare organizations are engaged in organizing and promoting the awareness regarding patient safety and hygiene in the region. For instance, the North America Occupational and Safety of Health (NAOSH) organized a safety and health week in 2020 to ensure safety of healthcare professionals against exposure to infections. The Canadian Center for Occupational Health and Safety (CCOHS) is also engaged in promoting hygiene and safety programs. These programs have raised awareness among the medical professionals that has augmented the demand for medical gloves across the region. Hence, the above-mentioned factors will significantly foster the market growth in the coming years. However, health effects caused due to nitrile gloves including skin allergy and competitive pricing by local manufacturers are the major factors restraining the market growth.
Based on product, the market is segmented as latex gloves, nitrile gloves, vinyl gloves, neoprene gloves and others. Neoprene gloves segment is forecasted to expand at 18.4% CAGR from 2020 to 2026. The higher growth of the segment is owing to high strength and resistance as compared to other gloves along with safety provided by neoprene gloves from chemicals, hazardous materials and oils. These factors are potentially augmenting the demand for neoprene gloves. Moreover, neoprene gloves have higher puncture & chemical resistance and can maintain flexibility at high-temperature ranges. Furthermore, the utilization of these gloves across the healthcare industry is also considered safer as they offer extra protection to the healthcare professionals and the patients by reducing the risk of allergic reactions caused by chemical accelerators and latex. Hence, the above-mentioned factors will significantly foster the market growth in the coming years. Based on application, the market is bifurcated as examination gloves and surgical gloves. Examination gloves segment held the largest revenue in 2019 and was valued at around USD 1,745 million. The larger share of the segment is owing to increasing number of diagnostic procedures for infectious diseases. The increased need to combat the prevalence of fatal infectious diseases has led to increase in routine check-ups, thereby augmenting the demand for examination gloves. Additionally, examination gloves are used for emergency medical services, general medical exams and laboratory applications.
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