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North America Latex Medical Disposables Market -By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2017–2022)


(EMAILWIRE.COM, March 06, 2018 ) The North America Latex Medical Disposables market size was around USD 1.58 billion in 2017. It is expected to grow at a CAGR of 5% to reach USD 2.02 billion by 2022. It captures 35% of the global market.

Latex medical disposables like latex gloves are utilized for surgeries and check-ups. Their demand is high among doctors, surgeons, and dentists worldwide. Majorly, there are two types of latex gloves namely powdered and non-powdered. The non-powdered gloves are more in demand since the other ones hinder the healing process of patients.

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Latex allergies occurring by the continuous use of gloves is the primary restraint of the market. Furthermore, rising competition does not augur well for robust pricing. Therefore, sluggish growth in revenue might hinder market growth. But still, the impact of these restraints will be offset by the advent of novel technologies. The market is segmented by product and by end user. By product, the market is categorized into latex gloves, urine bags, latex, Foley catheters, latex probe covers, and others. By end user the market is categorized into ambulatory surgical centres, Hospitals, clinics, diagnostic centres, and others. Latex gloves have been the fastest growing segment. By revenue, this product category captured 60.4% of the market during 2015.

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This category might continue to hold the front position since these gloves are an easy and effective in protecting the hands of patients and doctors from infection. By end user, the hospitals category led the market in terms of revenue in 2015. The growing number of surgical procedures in hospitals, conjoined with set-up of new clinics and hospitals is attributable for the dominance of this category. The diagnostic centres category is likely to hold the second-most position over the aforementioned forecast period.

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By geography the market is segmented into US and Canada. North America is the market leader which commanded a 35% share of the market in 2016. The rising concerns regarding safety, increasing awareness regarding health and the spread of contagious diseases, and growing measures for preventing the spread of these diseases are few major factors propelling the market in North America. Key players in the market include B. Braun Melsungen, C.R. Bard, Ansell, Top Glove Corporation, Hartalega Holdings Bhd., Supermax Corporation Berhad, Dynarex Corporation, and Medtronic plc.

Market Segmentation
Product type
Latex Gloves
Latex Foley Catheters
Latex Probe Covers
Urine Bags
End User
Ambulatory Surgical Centers
Diagnostic Centers

The scope of the report provides:

• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.

Market Data Forecast.

Abhishek Shukla


Source: EmailWire.Com

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