Latex Medical Disposables Market Value Share Forecast Report 2024
Added: (Fri Jul 19 2019)
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Market Overview
Latex allergies occurring by the continuous use of gloves is the primary restraint of the market. Furthermore, rising competition does not augur well for robust pricing. Therefore, sluggish growth in revenue might hinder market growth. But still, the impact of these restraints will be offset by the advent of novel technologies. Latex Medical Disposables market size was around USD 4.99 billion in 2019. It is expected to grow at a CAGR of 5.1% to reach USD 6.4 billion by 2024. Latex medical disposables like latex gloves are utilized for surgeries and check-ups. Their demand is high among doctors, surgeons, and dentists worldwide. Majorly, there are two types of latex gloves namely powdered and non-powdered. The non-powdered gloves are more in demand since the other ones hinder the healing process of patients. Latex allergies happening by the constant use of gloves is the primary restraint of the market. Furthermore, increasing competition does not augur well for robust pricing. Therefore, sluggish development in revenue might hamper market development.
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Report segmented as:
By Product:
• Latex gloves
• Urine bags
• Latex
• Foley catheters
• Latex probe covers
By End-user:
• Ambulatory surgical centers
• Hospitals
• Clinics
• Diagnostic centers
• Others
Geographical Segmentation:
Based on geography, the market divided under many countries namely, North America, Asia-Pacific, Europe, Latin America and the Middle East and Africa. North America and Europe have to lead the Latex Medical Disposables Market, and Asia-Pacific has estimated to reach the highest rate.
Key market players:
• Medtronic
• Ansell
• Hartalega Holdings Berhad
• B. Braun Melsungen
• Supermax Corporation Berhad
• Dynarex Corporation
• C. R. Bard
• Top Glove Corporation
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with colossal growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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