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Global Market for Disposable Medical Supplies To Reach Nearly $200 Billion in 2016
Date:11/15/2012

FARMINGTON, Conn., Nov. 15, 2012 /PRNewswire-iReach/ -- A combination of upgrading and enforcement of infection prevention standards coupled with an expanding volume of hospital, surgical and outpatient procedures will promote overall gains in the global market for disposable medical supplies. Disposable medical gloves, a segment of this market, will continue to flourish despite increasing raw material costs and severe cost-cutting measures in the largest healthcare markets.

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What will the market size of the medical disposables market look like in 2015? What are the key trends affecting this market? Who are the key vendors? What opportunities and threats do vendors operating in this sphere face? Global Information Inc (GII) recommends three noteworthy reports examining the global market for disposable medical supplies from our premium market research partners.

Disposable Medical Gloves (Surgical & Exam) Markets Worldwide

The global market for disposable medical gloves was estimated to generate $3 billion in revenues in 2011. Marketstrat forecasts that this market will continue to expand at a compound annual growth of 4.9% exceeding $4.3 billion by 2018. Key market and technology drivers include concern over barrier protection, latex allergies, ease of use, tactility and comfort.

Glove manufacturers are finding new opportunities and more shelf-space to fill in the blossoming economies of Latin America and Asia which are implementing stricter infection control standards. Awareness of hygiene requirements for protection of both the patient and the healthcare provider is improving in these regions. Latin America is maintaining a lead in this race, followed by China and India. Marketstrat predicts the high
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SOURCE Global Information, Inc.
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