Latex Medical Disposables Market Research Report and Forecast Latex Medical Disposables Market - Global Industry

Latex Medical Disposables Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2016 - 2024
Global Latex Medical Disposables Market: Snapshot
Latex medical disposables such as latex gloves are used during surgeries and
check-ups. The demand for latex medical disposables is therefore quite high among
doctors, surgeons, and dentists across the globe. Primarily, there are two types of
latex gloves available in the market. These are powdered and non-powdered latex
gloves. The non-powdered gloves might witness relatively more demand when
compared with powdered gloves, as powdered gloves were found to be hindering
the healing process of patients.
The market might encounter obstacles owing to the prevalence of latex allergies
that induce several healthcare professionals to use non-latex products instead.
Moreover, with the intensifying competition, the market players might have to bring
down the prices of their products. As a result, sluggish growth in revenue might
restrict the growth of the global market for latex medical disposables. However, the
impact of these restraints will be negated by the emergence of novel technologies.
The global market for latex medical disposables was pegged at US$4.1bn in 2015,
and is expected to rise up to achieve US$6.4bn by the end of 2024, expanding at a
CAGR of 4.9%.
View Report @ http://www.transparencymarketresearch.com/latex-
medical-disposables-market.html
Rising Demand from Countries in Asia Pacific to Accelerate Growth
Based on geography, the global latex medical disposables market has been
segmented into Europe, Asia pacific, Latin America, the Middle East and Africa, and
North America. The global latex medical disposables market is presently dominated
by North America, which accounted for a 33% share of the global market during
2016, with Europe close-by at its heels. The increasing concerns about safety,
growing awareness about health and the spread of contagious diseases, and
increasing measures for preventing the spread of these diseases are some of the
major factors driving the the market in Europe and North America.
Asia Pacific is also slated for substantial growth during the forecast period,
expanding at a promising CAGR of 5.8% between 2016 and 2024. The countries in
Asia Pacific such as India, Japan, Singapore, China, Australia, and Thailand are likely