Disposable Medical Gloves Procurement Intelligence anticipated to grow at a CAGR of 3.0% from 2023 to 2030
Disposable Medical Gloves Procurement Intelligence The disposable medical gloves category is anticipated to grow at a CAGR of 3.0% from 2023 to 2030. In 2022, North America accounted for 37.1% of the market share followed by Asia Pacific and Europe. Asia Pacific’s fastest growth is attributed to the continuous development of healthcare infrastructure. In addition, India is registering higher investments in the healthcare sector by both private and public players, which is contributing to the regional growth, supplementing demand in the global category. Glove products are currently at a tipping point in terms of demand & supply, price, and quantity. Distributors must deal with glove inventory in their warehouses, and manufacturers that have increased production capacity now have difficulty precisely estimating demand. A complicated interplay of supply chain modifications and price mechanisms has resulted from this uncertainty. Prices, which earlier spiked beca...