Portland, OR, Feb. 04, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the Western Europe Sterile Gloves Market size was pegged at $1.13 billion in 2017 and is anticipated to garner $2.24 billion by 2025, with a CAGR of 3.9% from 2021 to 2025. The report provides an extensive analysis of the current and emerging market trends and dynamics.
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Growing number of end users, advancements in technology, and rise in concerns for safety and hygiene fuel the growth of the Western Europe sterile gloves market. At the same time, high price competition and toxic reaction to certain gloves restrain the growth to some extent. Nevertheless, developing economies and untapped market are projected to offer an array of opportunities for the market players in the approaching time.
Covid-19 scenario-
- The demand for sterile gloves have been skyrocketed during the initial phases of the covid-19 outbreak, as gloves play an important role in checking cross transmissions.
- In May 2020, the Centers for Disease Control and Prevention (CDC) recommended the use of gloves during food handling, cleaning, gardening, trades, and while in contact with blood, stool, or body fluids, such as saliva, mucus, vomit, and urine which in turn further augmented the demand for sterile gloves.
The sterile gloves product market is segmented on the basis of type and country. Based on type, the market is divided into surgical gloves, examination gloves, and cleanroom gloves. The examination segment accounted for the highest market share with more than half of the Western Europe sterile gloves market share in 2017, and would rule the roost by 2025. Furthermore, the segment is also anticipated to manifest the fastest CAGR of 4.6 % throughout the forecast period.
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Based on region, the market across Germany held the lion’s share in 2017, with nearly one-fourth of the Western Europe sterile gloves market. On the other hand, France is projected to exhibit the fastest CAGR of 4.6% from 2021 to 2025. Other regions studied in the report include Poland and Italy.
Key market players profiled in the market report include Ansell Limited, Berner International Gmbh, Cardinal Health, Inc, Kossan Rubber Industries Bhd, Meditrade Gmbh, Medline Industries, Supermax Corporation Berhad, Semperit Ag Holding, Shield Scientific, Top Glove Corporation Bhd
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We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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