The South and Central America disposable gloves market is expected to reach US$ 479.57 million by 2027 from US$ 185.89 million in 2019. The market is estimated to grow at a CAGR of 11.7% from 2020 to 2027.
The growth of the South and Central America disposable gloves market is driven by growing burden of healthcare-associated infections and increasing number of surgical procedures among population. However, the shortage of supplies of disposable gloves is restraining the market growth.
Disposable gloves are made of different materials such as latex, nitrile rubber, polyisoprene, polyvinyl, and neoprene. Healthcare-associated infections are the most frequent and adverse events in healthcare worldwide. According to a survey published by the International Journal of Infectious Diseases in September 2019, 1 out of 10 individuals surveyed had at least one healthcare-associated infection (HAI) in Latin America. Gloves are personal protective wear that create a barrier between germs and human body and prevent the spread of disease-causing germs in hospitals. Therefore, gloves play an important role in avoiding infections among patients and healthcare workers, thereby driving its demand in the healthcare sector. Also, an increasing number of surgical procedures in geriatric population is likely to drive the South and Central America market for surgical gloves during the forecast period.
The COVID-19 pandemic has positively impacted the disposable gloves market in South and Central America. Most of the PPE manufacturers are operating close to maximum capacity and prioritizing their orders to the countries with growing demand–supply gap and increasing COVID-19 cases.
The South and Central America disposable gloves market, by material, is segmented into natural rubber, nitrile, neoprene, polyethylene, and others. The natural rubber segment held the largest share of the market in 2019. However, the nitrile gloves segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on type, the South and Central America disposable gloves market is categorized into powdered and powder-free. The powder-free segment held a larger share of the market in 2019 and is estimated to register a higher CAGR during 2020–2027.
The South and Central America disposable gloves market, by application, is bifurcated into examination and surgical. The examination segment held a larger share of the market in 2019. However, the surgical segment is estimated to register a higher CAGR in the market during the forecast period.
Based on end user, the South and Central America disposable gloves market is segmented into hospitals and clinics, diagnostic centers, ambulatory surgery centers, home healthcare, and others. The hospitals and clinics segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR from 2020 to 2027.
A few of the primary and secondary sources referred to while preparing the report on the South and Central America disposable gloves market are Centers for Disease Control and Prevention (CDC), National Health Service (NHS), and World Health Organization (WHO).