Top Key-Players To Strategize Growth For The Nitrile Gloves Market

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Nitrile Gloves Market
Report Id PMRREP31892 Category Life Science
Healthcare
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Top Key-Players To Strategize Growth For The
Nitrile Gloves Market

• The growing pandemic of community infections
  owing to the emergence of new pathogens is
  expected to increase the demand for nitrile
  gloves across the world. The need to quell
  community and hospital-acquired infections is
  expected to drive the growth of the
  global nitrile gloves market.
• Key product manufacturers operating in the market
  offer a wide range of products, such as
  disposable and reusable nitrile gloves. Owing to
  the non-availability of treatment for new
  pathogen infections and significant lag phase
  between the emergence of new pathogens and
  development of effective treatment and vaccines,
  there has been increasing need for nitrile gloves
  as a preventive measure.
• Persistence Market Research predicts that the
  global nitrile gloves market will exhibit an
  impressive CAGR of 24 during the forecast period
  (20202030), to be valued at US 26.7
  Bn by 2030-end.

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Key Takeaways from Nitrile Gloves Market Study
By product type, powder-free gloves are expected
to gain traction in the global nitrile gloves
market during the forecast period. Owing to the
use of powder-free gloves for the prevention of
primary infections and allergic side-effects, and
to perform surgical procedures, the powder-free
segment is the most dominating product type in
North America and Europe nitrile gloves
markets. In terms of usage, disposable gloves are
expected to gain more than 1/3 share in the
nitrile gloves market share by 2030. By
sterility, sterile gloves are expected to hold
more than 1/3 revenue share in the global nitrile
gloves market by 2030, owing to high standard
regulatory compliance requirements for medical
nitrile gloves. Under the end user segmentation,
hospitals and ambulatory surgical centers
segments are expected to collectively gain more
than 2/3 market share in the nitrile gloves
market by 2030. Disruptive unmet demand for
medical gloves with 10X rise of average selling
price, and WHO pushing for effective COVID-19
prevention, are expected to propel the growth of
the global nitrile gloves market, says a PMR
analyst.
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