Latex Medical Disposables Market Research Report and Forecast Latex Medical Disposables Market - Global Industry | Page 2

to represent a significant portion of the global market for latex medical disposables
over the coming years. The growth of these regions can be attributed to the growing
awareness about the safety of patients and healthcare professionals, rising per
capita incomes of people, increasing healthcare expenditures of governments, and
flourishing medical and pharmaceutical sectors in these regions.
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Latex Gloves Emerge as Dominant Product Segment
By product, the global market for latex medical disposables has been segmented
into latex, foley catheters, latex gloves, urine bags, latex probe covers, and others.
Hospitals, clinics, ambulatory surgical centers, diagnostic centers, and others are
the key segments by end user. Of these, latex gloves have been witnessing
increasing demand over the past few years. As a result, these products have been
dominating the global market. In terms of revenue, this product segment accounted
for nearly 60.4% of the global market for latex medical disposables during 2015.
Latex gloves might continue to hold the foremost position as these gloves are an
easy and effective way of protecting the hands of patients and healthcare providers
from the risk of infection.
By end user, the hospitals segment dominated the global market for latex medical
disposables in terms of revenue during 2015. The increasing number of surgical
procedures and check-ups in hospitals, coupled with establishment of new clinics
and hospitals is responsible for the dominance of this segment. This segment is
slated to contribute 28.7% to the global market for latex medical disposables by the
end of 2024. The diagnostic centers segment might hold the second-most position
over the forecast period.
Some of the major companies operating in the global market for latex medical
disposables are Hartalega Holdings Bhd., Supermax Corporation Berhad, B. Braun
Melsungen, C.R. Bard, Ansell, Top Glove Corporation, Dynarex Corporation, and
Medtronic plc.
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