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Canada Medical Gloves Market Trends

Report ID: GMI12176
Published Date: Nov 2024
Report Format: PDF

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Canada Medical Gloves Market Trends

The market is strongly influenced by the rapid rise in surgical procedures, driven by factors such as an aging population and increasing prevalence of chronic diseases necessitating surgical interventions.

Conditions like cardiovascular diseases, orthopedic disorders, and cancers contribute significantly to the growing number of surgeries. For instance, according to the National Heart, Lung, and Blood Institute (NHLBI), each year, more than 2 million people have open-heart surgery to treat various heart problems.
Further, over 2.3 million orthopedic procedures were performed in 2022 in Canada, reflecting a substantial demand for surgical gloves. Moreover, with over 220,000 new cancer cases diagnosed annually in the country, surgeries for cancers like breast, lung, prostate, and colorectal are further driving the product demand.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The Canada medical gloves industry was valued at USD 148.2 million in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2032, driven by rising incidences of acute and chronic diseases and increased safety and sanitation concerns.

The nitrile gloves segment dominated the market with a 48.9% share in 2023 due to their lower allergenic potential and superior chemical and puncture resistance compared to latex gloves.

The medical facilities segment is expected to reach USD 273.4 million by 2032, driven by heightened awareness of infection control and the critical need for personal protective equipment (PPE) in hospitals.

Key players in the market include Ansell, Cardinal Health, Evergreen Latex, Hartalega, Kossan Rubber, Medline Industries, Semperit, Supermax Corporation Berhad, and Top Glove.