Global demand for Disposable Medical Gloves will grow with a high CAGR from 2019 to 2024. The growth in healthcare industry will drive the global demand for disposable gloves, which are becoming increasingly popular among doctors and other health-care professionals. Rising awareness about infection prevention will continue to fuel the market in North America. In addition, the stringent regulations to control infections are expected to boost the growth of this market.
As the number of procedures and illnesses continue to rise, the disposable medical glove market will continue to increase. With the increasing prevalence of chronic diseases and increased healthcare spending, surgical care will become increasingly prevalent in the future. According to the American Society of Plastic Surgeons, there were more than 20 million surgical procedures performed globally in 2014. Of these, 52% of those surgeries were minimally invasive. The American Congress of Obstetricians and Gynecologists reported that the number of minimally invasive hysterectomy procedures in the U.S. increased from 2004 to 2013.
The global disposable medical gloves market will be impacted by an increasing number of doctors and procedures. The number of children and adults undergoing dental surgical procedures is estimated to be 64.4%. Moreover, an increasing number of ophthalmologists and cataract surgeries will add impetus to the market. Further, disposable medical gloves are used in many areas of the healthcare industry, including emergency care and surgery. This will drive a growing demand for disposable medical gloves.
The demand for disposable medical gloves is expected to continue to grow with an aging population. This demographic will affect the quality of healthcare services in developed countries. It will also increase the incidence of various diseases. This will lead to a greater need for medical professionals to use disposable medical gloves. For example, the growth of the geriatric population will result in an increased need for disposable medical gloves. As a result, the global disposable medical gloves market is expected to grow at an annual CAGR of 8-10%.
The global medical glove market is anticipated to grow at a CAGR of 9.8% through 2024. The market is predicted to witness a CAGR of 5.51% in 2019. The growth of medical gloves is attributed to an increasing number of doctors and medical procedures. Currently, 84.6% of children and 64.4% of adults undergo dental surgical procedures. In addition, the growing population of ophthalmologists and cataract surgeons is likely to provide a significant impetus for the market.
The market for disposable medical gloves is primarily driven by the geriatric population. This aging population will result in an increase in the incidence of various diseases. As a result, the global market for disposable medical gloves is projected to grow by nearly 20% by 2050. If the trend continues, the global market is likely to expand exponentially. The demand for disposable medical gloves is expected to increase through the 2020s, with more geriatrics expected to increase to 2.1 billion by 2050.