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Medical gloves are a hand protection equipment, which are worn on the hands to prevent cross contamination between doctor or caregiver and patient during surgical procedure, medical examination and chemotherapy.
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GCC Medical Gloves Market Size Is Estimated to GCC Medical Gloves Market Size Is Estimated to Grow at a CAGR of 7.5% By 2027 Grow at a CAGR of 7.5% By 2027 Medical gloves are a hand protection equipment, which are worn on the hands to prevent cross contamination between doctor or caregiver and patient during surgical procedure, medical examination and chemotherapy. Apply Here For The Sample Copy Of The Report: Apply Here For The Sample Copy Of The Report: https://www.coherentmarketinsights.com/insight/request-sample/4116 https://www.coherentmarketinsights.com/insight/request-sample/4116 Statistics: Statistics: GCC medical gloves market is estimated to account for US$ 263.0 Mn end of 2027 2027. US$ 263.0 Mn in terms of value by the GCC Medical Gloves Market: Drivers GCC Medical Gloves Market: Drivers Increasing awareness regarding health and safety is expected to propel growth of GCC medical gloves market over the forecast period. Medical gloves are one part of an infection-control strategy. Medical gloves help to reduce the risk of contamination of health-care workers hands with blood and other body fluids and to reduce the risk of germ dissemination to the environment and of transmission from the health-care worker to the patient and vice versa, as well as from one patient to another. Moreover, increasing prevalence of chronic diseases is expected to boost demand for medical gloves. For instance, according to the World Health Organization, Saudi Arabia recorded 24,485 new cases of cancer and 10,518 deaths due to the disease in 2018. Statistics: Statistics: Saudi Arabia held dominant position in GCC medical gloves market in 2019, accounting for 76.1% 76.1% share in terms of Value, followed by UAE and Oman, respectively. GCC Medical Gloves Market: Restraints GCC Medical Gloves Market: Restraints
The GCC medical gloves market is more import oriented market with maximum presence of medical gloves traders and less of medical gloves manufacturers. GCC traders import medical gloves majorly from Malaysia, Thailand, and Indonesia, resulting in increase in transportation costs of medical gloves, which is limiting growth of GCC medical gloves market. Moreover, price-based competition due to emerging local or domestic players and allergic effects arising due to use of latex or natural rubber gloves is also expected to hinder growth of the market. GCC Medical Gloves Market: Opportunities GCC Medical Gloves Market: Opportunities Import-oriented GCC medical gloves market in expected to creates lucrative growth opportunities to set-up more gloves manufacturing industries. The number of medical gloves traders or importers is high in GCC (mainly importing gloves from Malaysia, Thailand, and Indonesia) as compared to gloves manufacturers, resulting in increase in transportation costs of medical gloves, which is expected to create opportunities to set-up more number of medical gloves manufacturing industries in this region. Moreover, rapidly growing lifestyle diseases and an ageing population is also expected to aid in growth of the market. Statistics: Statistics: GCC medical gloves market was valued at US$ 131.4 Mn in 2019 and is forecast to reach a value of US$ 263.0 Mn by 2027 at a CAGR of 7.5% between 2020 and 2027. Market Trends/Key Takeaways Market Trends/Key Takeaways Emergence of Covid-19 is expected to boost demand for disposable medical gloves. For instance, in Saudi Arabia, from March 2, 2020 to 7:24 pm CEST, 27 July 2020, there have been 266,941 confirmed cases of COVID-19 with 2,733 deaths, as reported to the World Health Organization. Although some of the treatments are expensive in Dubai, it is becoming a preferred destination due to relaxed processes, less waiting period and strategic geographic location. Dubai aims to attract over 500,000 medical tourists by 2020. However, the current Covid-19 pandemic has adversely impacted medical tourism in GCC. GCC Medical Gloves Market: Competitive Landscape GCC Medical Gloves Market: Competitive Landscape
Major players operating in GCC medical gloves market include, Paul Hartmann AG, Hotpack Packaging Industries, LLC, Falcon (Falcon Pack), Top Glove Corp Bhd., Deeko Bahrain, Salalah Medical Supplies Mfg. Co. LLC, United Medical Industries Co. Ltd., and NAFA (NAFA Enterprises, Ltd.). Report includes chapters which deeply display the following deliverable about industry : Report includes chapters which deeply display the following deliverable about industry : • GCC Medical Gloves Market Research Objective and Assumption • GCC Medical Gloves Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • GCC Medical Gloves Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global GCC Medical Gloves Market, By Regions • GCC Medical Gloves Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • GCC Medical Gloves Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • GCC Medical Gloves Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • GCC Medical Gloves Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Direct Purchase the Urinary Incontinence Treatment Drugs Market Report at Direct Purchase the Urinary Incontinence Treatment Drugs Market Report at https://www.coherentmarketinsights.com/insight/buy-now/4116 https://www.coherentmarketinsights.com/insight/buy-now/4116 GCC Medical Gloves Market: Key Developments GCC Medical Gloves Market: Key Developments
Major players in GCC Medical Gloves market are focused on adopting collaboration strategies to expand their product portfolio. For instance, in August 2019, Top Glove Corporation Bhd awarded the Top Glove Industrial Collaboration Grant to University Teknologi Malaysia to perform glove industry-related research About Coherent Market Insights About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com