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 – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global latex medical disposables market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024.
Market Outline: Global Latex Medical Disposables Market
Latex medical disposables 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.
Market Dynamics: Global 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 global latex medical disposables 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 latex medical disposables market.
Market Scope: Global Latex Medical Disposables Market
Global latex medical disposables market is segmented based on product type and end user
Based on product type, market is segmented into the following:
- Latex Foley Catheters
- Latex Gloves
- Latex Probe Covers
- Urine Bags
Based on the end users, the market is segmented into the following:
- Ambulatory Surgical Centers (ASCs)
Regional Analysis: Global 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 latex medical disposables 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 latex medical disposables 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.
Competition Assessment: Global Latex Medical Disposables Market
Some of the players in the global latex medical disposables market include:
- 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.)