Latex Medical Disposables Market By Product (Latex Gloves, Latex Urethral Catheters, Latex Foley Tray, Latex Probe Cover), By End- User Type (Hospital, Private Clinics, Ambulatory Surgical Centers (ASCS), Diagnostic Centers) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Latex medical disposables products such as gloves, probe covers, urethral catheter etc. are made from natural rubber. Latex gloves provide better comfort and durability and are used for surgical and examination purposes. Due to the tactile sensitivity and appropriate fit to the hand, latex disposable gloves have been in huge demand. However due to the allergies caused by latex, the demand of latex disposable gloves is presently in declining trend. This high risk associated with latex gloves although has been reduced after the introduction of powder-free gloves.

The urethral catheter market is growing on the account of rising urinary disorders along with increasing surgical procedures. Among all the urethral catheter types, foley catheter segment is moderately growing and expected to grow more over upcoming years. Increasing outbreak of infectious or contagious diseases has augmented the usage of latex gloves, which in turn drives the global latex medical disposable market. Few major driving forces of the latex medical disposable market are growing geriatric population, increasing chronic diseases and surgical intervention. Rising health awareness among public also fuels the growth of latex medical disposable market. Various initiatives have been undertaken by organizations like WHO, CDC for hand hygiene and other safety purposes; drive the growth of global latex medical disposable market.

The tactility and cost-effectiveness made the latex gloves preferable before the alternative products came into the market and the latex gloves market started to dwindle. Allergies or skin dermatitis caused from the usage of latex medical disposable is the major restraining factor of the latex medical disposable market. Therefore, the emerging popularity of alternatives made up of synthetic material pose challenges on the growth of latex medical disposables market.

The purpose of this research study titled ‘Latex Medical Disposables Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global latex medical disposables market. This report presents and analyzes the major trends prevalent in the global latex medical disposables market and the market size and forecast.

This report categorizes the global latex medical disposable market in terms of product type, end-user and geographical distribution. Depending on the product type, the latex medical disposable market is classified as follows:

  • Latex Gloves
  • Latex Urethral Catheters
  • Latex Foley Tray
  • Latex Probe Cover
  • Others

Based upon the type of end users the latex medical disposable market is categorized as:

  • Hospitals
  • Private Clinics
  • Ambulatory Surgical Centers (ASCs)
  • Diagnostic Centers
  • Others

Geographically, the latex medical disposables market is best understood by segmenting the market into five major regions and chief region level markets as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America Middle East and Africa
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Afric
    • GCC
    • Rest of Middle East and Africa

The market size and forecast of each considered geographical market is presented for the period 2015-2025 along with CAGRs for the forecast period 2017-2025 in this study and are further cross-sectional presented in terms of type of products, type of end users and constituent region/country level markets.

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global latex medical disposables market. Competition assessment tools such as, major agreements, partnerships and collaborations, market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the latex medical disposables market. The major players profiled in this report are C.R. Bard, Ansell, Top Glove Corporation, Dynarex Corporation, Hartalega Holdings Bhd., Supermax Corporation Berhad, B. Braun Melsungen, and Medtronic plc.

Latex Medical Disposables Market

On the basis of end-user the latex medical disposables market is categorized as below:

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Clinics
  • Diagnostic Centers

The hospital is predicted to dominate the latex medical disposable market due to the increasing number of surgical procedures and routine examination. As per the estimation of Centers for Disease Control and Prevention (CDC), the burden healthcare-associated infection is around 722,000 patients in U.S. only and 75,000 patients die each year due to the same. These statistics bring about a consciousness among public and the usage of hand gloves is increasing and therefore growth of latex gloves market. Increase in surgical procedures for treating urinary diseases is being witnessed and the major procedures are performed in hospitals followed by ASCs. Diagnostic centers will also witness significant growth over upcoming years due to increasing health awareness among public as this in turn augment the volume of routine examination and diagnostic procedures.

Latex Medical Disposables Market

By geography, the global latex medical disposables market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Latex Medical Disposables Market

Geographically, North America holds the major share of the global latex medical disposables market. The developed economy of this region and healthcare expenditure in R&D for production of new and innovative product boosts the growth of latex medical disposables market. Increasing adoption of new and advanced technologies and health consciousness among public drive European region to witness the rapid growth in demand for latex medical disposables. Rising health awareness among consumer and safety measurement followed are the major growth factors of latex medical disposables market. Clean hand initiatives taken by World Health Organizations (WHO) and Centers for Disease Control and Prevention (CDC) for the improvement of patient safety propels the growth in demand for latex medical disposables. The continuous evolution of medical gloves from multiple manufacturers around the world to meet the rising demands also contribute to the growth of the latex medical disposables market.

The increasing rate of urinary disorders along with rising trend of urinary bladder diseases fuel the growth of the latex medical disposable catheters. Asia Pacific is predicted to face rapid growth as it is the hub of natural rubber resources and on the account of strong government support.

The detailed regional classification of the global latex medical disposables market is as follows:

  • North America (U.S. & Canada)
  • Europe (Germany, U.K., France, Spain, Italy and Rest of Europe)
  • Asia Pacific (China, India, Japan and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (GCC and Rest of Middle East and Africa)
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Published Date:  Oct 2017
Category:  Medical Devices
Report ID:   58723
Report Format:   PDF
Pages:   120
Rating:    4.3 (65)
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