Latex Medical Disposables Market :Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Latex Medical Disposables Market: By Product Type (Latex Foley Catheters, Latex Gloves, Latex Probe Covers, Urine Bags, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs), Others), and Geography

 

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Report

Description

Global latex medical disposables market was projected to grow at a CAGR of 4.8% during the forecast period 2021 to 2027. Latex medical disposables market are made up of latex and used in various medical interventions. Most commonly used latex medical disposables include urethral catheters, gloves, latex probe covers among others. These are used in the diagnostic and surgical procedures to avoid the direct contact from infected persons or samples and unsafe drug. The rising prevalence of lifestyle-related and other chronic conditions, as well as the expanding number of baby boomers, are some of the reasons driving the latex medical disposables market. According to the World Health Organization, chronic disease is the largest cause of death and disability in the United States, accounting for USD 3.5 trillion in annual health-care spending. Furthermore, according to World Health Organization estimates from 2018, there were an estimated 18.1 million new cancer cases worldwide in 2018, with this number likely to rise during the projection year. Furthermore, the need for medical disposables has risen fast all across the world. Initially, however, supply chain difficulties were noticed. Several obstacles have impacted supply availability, including export and travel restrictions imposed by some producing countries, as well as lockdowns that caused providers to (temporarily) shut down. Manufacturers, on the other hand, have boosted production to satisfy the rising demand for basics. Top Glove Corporation expanded its medical glove manufacturing and sales in March 2020.


Latex Medical Disposables Market

MARKET SUMMARY
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4.8% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 4.8%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Latex Medical Disposables Market

  • The report on global Latex Medical Disposables Market gives historical, current, and future market sizes (US$ Bn) on the basis of product type, end user and geography.
  • Latex Medical Disposables Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Braun Melsungen AG (Germany)
  • Hartalega Holdings Bhd. (Malaysia)
  • Rubberex (Malaysia)
  • Dynarex Corporation (U.S.)
  • Supermax Corporation Berhad (Malaysia)
Dynamics

Latex Medical Disposables Market

Increase in the prevalence of infectious diseases coupled with rise in number of hospital admissions surge the global latex medical disposables market over the forecast years. Moreover, rise in R&D activities for the development of newer products, grow in awareness about the various types of infections among the people, rise in number of surgical procedures, increase in the urological infections, and rise in disposable income are anticipated to fuel the market. However, alternatives for the latex medical disposables, risk with latex gloves such as latex allergies, and grow in demand for the reusable products are hinder the global market.


North-America got significant share

Latex Medical Disposables Market

Geographically, global latex medical disposables market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America market is poised to grow due to rise in number of surgical procedures, development of newer latex medical disposable products, and rise in disposable income are bolster the market. Europe latex medical disposables market is driving by increase in the geriatric population, rise in prevalence of infectious diseases and hospital admissions, and rise in health awareness among the people are surge the market. Asia Pacific market has prominent share attributed to increase in the medical tourism in Asia Pacific countries, rise in number of hospitals and diagnostic centers in India, China, and Japan, grow in aging population are surge the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, country market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Latex Medical Disposables Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Braun Melsungen AG (Germany)
  • Hartalega Holdings Bhd. (Malaysia)
  • Rubberex (Malaysia)
  • Dynarex Corporation (U.S.)
  • Supermax Corporation Berhad (Malaysia)
  • Ansell Healthcare (U.S.)
  • Top Glove Corporation Bhd (Malaysia)
  • R. Bard Inc. (U.S.)

Description

Global latex medical disposables market was projected to grow at a CAGR of 4.8% during the forecast period 2021 to 2027. Latex medical disposables market are made up of latex and used in various medical interventions. Most commonly used latex medical disposables include urethral catheters, gloves, latex probe covers among others. These are used in the diagnostic and surgical procedures to avoid the direct contact from infected persons or samples and unsafe drug. The rising prevalence of lifestyle-related and other chronic conditions, as well as the expanding number of baby boomers, are some of the reasons driving the latex medical disposables market. According to the World Health Organization, chronic disease is the largest cause of death and disability in the United States, accounting for USD 3.5 trillion in annual health-care spending. Furthermore, according to World Health Organization estimates from 2018, there were an estimated 18.1 million new cancer cases worldwide in 2018, with this number likely to rise during the projection year. Furthermore, the need for medical disposables has risen fast all across the world. Initially, however, supply chain difficulties were noticed. Several obstacles have impacted supply availability, including export and travel restrictions imposed by some producing countries, as well as lockdowns that caused providers to (temporarily) shut down. Manufacturers, on the other hand, have boosted production to satisfy the rising demand for basics. Top Glove Corporation expanded its medical glove manufacturing and sales in March 2020.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX