Market Forecast By Product (Latex Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves, Others), By Form (Powder-free Gloves, Powdered Gloves), By Application (Examination Gloves, Surgical Gloves), By Usage (Disposable Gloves, Reusable Gloves), By Sterility (Sterile Gloves, Non-sterile Gloves), By Distribution Channel (Brick and Mortar, E-commerce), By End-use (Hospitals, Clinics, Ambulatory Surgical Centers, Diagnostics Centers, Others) And Competitive Landscape
Product Code: ETC332402 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Medical Gloves market currently, in 2023, has witnessed an HHI of 3628, Which has decreased moderately as compared to the HHI of 6297 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Brazil Medical Gloves Market Report thoroughly covers the market by Product, Form, Application, Usage, Sterility, Distribution Channel and End-Use. The Brazil Medical Gloves Market Outlook report provides an unbiased and detailed analysis of the ongoing Brazil Medical Gloves Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Brazil Medical Gloves Market is witnessing prominent growth and is expected to grow more in the future. This growth can be attributed to the growing healthcare industry. Along with this the rising awareness about infection control, advancements in technology, increasing awareness about Personal Protective Equipment (PPE) and government initiatives also lead to the growth of Brazil Medical Gloves Market.
According to 6Wresearch, Brazil Medical Gloves Market is anticipated to rise at a CAGR of 7.4% during the period of 2024-2030. One of the major drivers in the growth of Brazil Medical Gloves Market is the growing healthcare industry which is due to the increasing number of hospitals, clinics, and other healthcare facilities being established which drives demand for medical gloves to ensure the safety of healthcare workers and patients. Additionally, growing awareness of infection control, driven by rising infectious diseases, has fuelled demand for medical gloves which in turn fuels the growth of the market. Furthermore, Medical glove market growth in Brazil is driven by advanced, protective gloves developed through technological innovation that offer better protection and comfort to healthcare workers.
However, there are also some challenges faced by the Brazil Medical Gloves Market, such as the high competition in the market, with both domestic and international players vying for a share of the market. This makes it challenging for smaller companies to enter and establish themselves and in which in turn hampers the market growth. Additionally, there is a lack of quality control due to which there have been instances of low-quality or counterfeit medical gloves being sold in the market which poses a risk to healthcare workers and patients, leading to a need for better quality control measures. This can hinder the growth of the market. Furthermore, most medical gloves used in Brazil are imported, making the market highly dependent on foreign suppliers.
Some Key Players in the Brazil Medical Gloves Market include names like Ansell Ltd., Cardinal Health Inc., Supermax Corporation Berhad, Top Glove Corporation Bhd, Semperit AG Holding. These companies have a strong presence in the country and offer a wide range of medical gloves, catering to different needs and preferences of consumers. These companies are also constantly innovating and expanding their product portfolios to cater to the growing demand for medical gloves in the country.
The government initiatives such as providing tax incentives and subsidies for companies that produce medical gloves domestically, to reduce dependence on imports and boost the country's economy which in turn fuels the growth of the market. Additionally, the government through The National Health Surveillance Agency (ANVISA) has set guidelines for manufacturing, importing, and distributing medical gloves in Brazil which in turn propels the growth of the market. Furthermore, the government through The Ministry of Health organizes training programs on the proper use of medical gloves and other personal protective equipment (PPE) in healthcare settings, to ensure the safety of both patients and healthcare workers, drives the growth of the market.
Brazil Medical Gloves Market is witnessing significant growth which can be attributed to the growing healthcare industry. Along with this the rising awareness about infection control, advancements in technology, increasing Awareness about Personal Protective Equipment (PPE) and the government initiatives such as providing tax incentives and subsidies for companies that produce medical gloves domestically, to reduce dependence on imports and boost the country's economy, will lead to the growth of the Brazil Medical Gloves Market in coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the Nitrile gloves segment is the dominant segment in the industry and will continue to grow in the coming years due to its superior properties such as high puncture resistance, chemical resistance, and durability compared to other types of gloves. Moreover, Nitrile gloves are also latex-free, making them a safer option for individuals with latex allergies which will further boost the growth of this segment.
Based on Form, the powder-free gloves segment is the dominant segment in the industry and will continue to grow in the coming years due to the increasing awareness about potential side effects of using powdered gloves, such as allergic reactions and infections from powder particles entering wounds or mucous membranes. Moreover, many healthcare facilities are switching to powder-free gloves due to their ease of use and reduced risk of contamination which will further lead to the growth of this segment.
Based on Application, the examination gloves segment is the dominant segment in the industry and will continue to grow in the coming years due to the increasing number of routine medical check-ups, diagnostic tests, and outpatient procedures being performed, which require the use of examination gloves. Moreover, with the ongoing COVID-19 pandemic, there has been a surge in demand for these gloves for regular use in public places to prevent the spread of the virus.
Based on Usage, the disposable gloves segment is the dominant segment in the industry and will continue to grow in the coming years due to the convenience, cost-effectiveness, and reduced risk of cross-contamination associated with disposable gloves. Moreover, with the increasing emphasis on infection control measures and hygiene standards in healthcare settings, the demand for disposable gloves is expected to remain high and will lead to the growth of this segment.
Based on Sterility, the sterile gloves segment is the dominant segment in the industry and will continue to grow in the coming years due to the strict guidelines and regulations for sterility in surgical procedures and infection control measures as sterile gloves provide a higher level of protection against potential contaminants compared to non-sterile gloves, making them essential for surgeries and other invasive procedures.
Based on Distribution Channel, the brick & mortar segment is the dominant segment in the industry due to the traditional preference for purchasing medical supplies from physical stores, especially in rural areas with limited access to online shopping. Moreover, brick and mortar retailers often offer bulk discounts and have a wider range of products available for purchase. However, the segment that will grow in the coming years is the e-commerce segment which is due to the increasing popularity of e-commerce platforms and their convenience for purchasing medical supplies.
Based on End-Use, the hospital segment is the dominant segment in the industry and will continue to grow in the coming years due to the increasing number of hospital admissions and surgeries, which require a large quantity of medical gloves for various procedures. Moreover, the ongoing pandemic and rising healthcare spending will lead to the growth of this segment.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Medical Gloves Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Medical Gloves Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Medical Gloves Market - Industry Life Cycle |
3.4 Brazil Medical Gloves Market - Porter's Five Forces |
3.5 Brazil Medical Gloves Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Brazil Medical Gloves Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.7 Brazil Medical Gloves Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.8 Brazil Medical Gloves Market Revenues & Volume Share, By Usage, 2020 & 2030F |
3.9 Brazil Medical Gloves Market Revenues & Volume Share, By Sterility, 2020 & 2030F |
3.10 Brazil Medical Gloves Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
3.11 Brazil Medical Gloves Market Revenues & Volume Share, By End-use, 2020 & 2030F |
4 Brazil Medical Gloves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Medical Gloves Market Trends |
6 Brazil Medical Gloves Market, By Types |
6.1 Brazil Medical Gloves Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Brazil Medical Gloves Market Revenues & Volume, By Product, 2020 - 2030F |
6.1.3 Brazil Medical Gloves Market Revenues & Volume, By Latex Gloves, 2020 - 2030F |
6.1.4 Brazil Medical Gloves Market Revenues & Volume, By Nitrile Gloves, 2020 - 2030F |
6.1.5 Brazil Medical Gloves Market Revenues & Volume, By Vinyl Gloves, 2020 - 2030F |
6.1.6 Brazil Medical Gloves Market Revenues & Volume, By Neoprene Gloves, 2020 - 2030F |
6.1.7 Brazil Medical Gloves Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 Brazil Medical Gloves Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Brazil Medical Gloves Market Revenues & Volume, By Powder-free Gloves, 2020 - 2030F |
6.2.3 Brazil Medical Gloves Market Revenues & Volume, By Powdered Gloves, 2020 - 2030F |
6.3 Brazil Medical Gloves Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Brazil Medical Gloves Market Revenues & Volume, By Examination Gloves, 2020 - 2030F |
6.3.3 Brazil Medical Gloves Market Revenues & Volume, By Surgical Gloves, 2020 - 2030F |
6.4 Brazil Medical Gloves Market, By Usage |
6.4.1 Overview and Analysis |
6.4.2 Brazil Medical Gloves Market Revenues & Volume, By Disposable Gloves, 2020 - 2030F |
6.4.3 Brazil Medical Gloves Market Revenues & Volume, By Reusable Gloves, 2020 - 2030F |
6.5 Brazil Medical Gloves Market, By Sterility |
6.5.1 Overview and Analysis |
6.5.2 Brazil Medical Gloves Market Revenues & Volume, By Sterile Gloves, 2020 - 2030F |
6.5.3 Brazil Medical Gloves Market Revenues & Volume, By Non-sterile Gloves, 2020 - 2030F |
6.6 Brazil Medical Gloves Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Brazil Medical Gloves Market Revenues & Volume, By Brick and Mortar, 2020 - 2030F |
6.6.3 Brazil Medical Gloves Market Revenues & Volume, By E-commerce, 2020 - 2030F |
6.7 Brazil Medical Gloves Market, By End-use |
6.7.1 Overview and Analysis |
6.7.2 Brazil Medical Gloves Market Revenues & Volume, By Hospitals, 2020 - 2030F |
6.7.3 Brazil Medical Gloves Market Revenues & Volume, By Clinics, 2020 - 2030F |
6.7.4 Brazil Medical Gloves Market Revenues & Volume, By Diagnostics Centers, 2020 - 2030F |
6.7.5 Brazil Medical Gloves Market Revenues & Volume, By Diagnostics Centers, 2020 - 2030F |
6.7.6 Brazil Medical Gloves Market Revenues & Volume, By Others, 2020 - 2030F |
7 Brazil Medical Gloves Market Import-Export Trade Statistics |
7.1 Brazil Medical Gloves Market Export to Major Countries |
7.2 Brazil Medical Gloves Market Imports from Major Countries |
8 Brazil Medical Gloves Market Key Performance Indicators |
9 Brazil Medical Gloves Market - Opportunity Assessment |
9.1 Brazil Medical Gloves Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Brazil Medical Gloves Market Opportunity Assessment, By Form, 2020 & 2030F |
9.3 Brazil Medical Gloves Market Opportunity Assessment, By Application, 2020 & 2030F |
9.4 Brazil Medical Gloves Market Opportunity Assessment, By Usage, 2020 & 2030F |
9.5 Brazil Medical Gloves Market Opportunity Assessment, By Sterility, 2020 & 2030F |
9.6 Brazil Medical Gloves Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
9.7 Brazil Medical Gloves Market Opportunity Assessment, By End-use, 2020 & 2030F |
10 Brazil Medical Gloves Market - Competitive Landscape |
10.1 Brazil Medical Gloves Market Revenue Share, By Companies, 2023 |
10.2 Brazil Medical Gloves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |