Market revenue in 2023 | USD 438.4 million |
Market revenue in 2030 | USD 820.9 million |
Growth rate | 9.4% (CAGR from 2023 to 2030) |
Largest segment | Natural rubber |
Fastest growing segment | Nitrile |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, Other Material |
Key market players worldwide | Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd, Kossan Rubber Industries Bhd, Cardinal Health Inc, Semperit AG Holding, RUBBEREX, Dynarex Corporation, B. Braun Medical |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to disposable medical gloves market will help companies and investors design strategic landscapes.
Natural rubber was the largest segment with a revenue share of 36.11% in 2023. Horizon Databook has segmented the China disposable medical gloves market based on natural rubber, nitrile, vinyl, neoprene, polyethylene, other material covering the revenue growth of each sub-segment from 2018 to 2030.
Medical & healthcare industry in China is expected to grow at a rapid pace owing to several factors including aging population, urbanization, improving standard of living, and expanding healthcare infrastructure. Rising healthcare expenditure is expected to contribute to the growth of healthcare sector in the country.
These factors are expected to have a positive impact on the growth of the disposable medical gloves market over the forecast period. For instance, in April 2020, the Asian Infrastructure Investment Bank (AIIB) approved a loan worth USD 352.2 million to support public healthcare infrastructure in China post the COVID-19 pandemic.
In addition, UPMC International partnered with Wanda Group for a project worth USD 2 billion to build at least five hospitals in five major cities in China. As a part of this project, in November 2019, UPMC International and the Wanda Group broke the ground for the construction of a hospital in Chengdu, Sichuan, China.
Horizon Databook provides a detailed overview of country-level data and insights on the China disposable medical gloves market , including forecasts for subscribers. This country databook contains high-level insights into China disposable medical gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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