Japan Medical Gloves Market Insights Forecasts to 2032
- The Japan Medical Gloves Market Size was valued at USD 773.2 Million in 2022.
- The Market Size is Growing at a CAGR of 15.5% from 2022 to 2032.
- The Japan Medical Gloves Market Size is expected to reach USD 3286.9 Million by 2032.
- Japan is expected to Grow the fastest during the forecast period.
Get more details on this report -
The Japan Medical Gloves Market Size is expected to reach USD 3286.9 Million by 2032, at a CAGR of 15.5% during the forecast period 2022 to 2032.
Medical gloves are a vital component of personal protection equipment that is regularly utilized in a variety of healthcare applications ranging from hospitals to research labs. These gloves are intended to act as a barrier, reducing pathogen transmission between the healthcare professional and the patient and lowering the risk of infection. This is especially crucial in preventing HAIs, which can have severe effects on patient health. Considering its technological achievements and emphasis on public health, Japan has always been a pioneer in the healthcare sector. Medical gloves, as a basic healthcare tool, have been used continuously in healthcare settings for decades. They can be found in a variety of medical environments, such as hospitals, clinics, and dentist offices. The major goal is to safeguard healthcare workers and minimize infection transmission during examinations, surgeries, and patient care. While Japan manufactures medical gloves on its own, it also imports a large number, mainly from Southeast Asian countries noted for their rubber output.
This research report categorizes the market for Japan Medical Gloves Market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan Medical Gloves Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan Medical Gloves Market.
Japan Medical Gloves Market Report Coverage
|Market Size in 2022:||USD 773.2 Million|
|Forecast Period 2022-2032 CAGR:||15.5%|
|2032 Value Projection:||USD 3286.9|
|Historical Data for:||2019-2021|
|No. of Pages:||200|
|Tables, Charts & Figures:||120|
|Segments covered:||COVID-19 Impact Analysis, By Type, By Raw Material, By End-Users|
|Companies Covered:||Motorix International Inc., Sansei Medical Instruments Co., Ltd., Nippon Chemical Screw Co., Ltd., Asahi Sangyo Co., Ltd., Green Drive Corporation, Urano Kogyo Co., Ltd., SHOWA GROUP, ICP Chemicals Co., Ltd., Happy Hands Latex Gloves Ltd., Sanko Chemical Industry Co. Ltd., Curex Mediwell LLC, Harada Corporation, Sumitomo Rubber Industries, Ltd., Utsunomiya Seisaku Co., LTD., and Other key venders|
|Pitfalls & Challenges:||COVID-19 Empact,Challenges, Future, Growth, & Analysis|
Get more details on this report -
The healthcare system in Japan is well-known for its rigorous standards, efficiency, and technological breakthroughs. As an important part of this system, the medical glove industry reflects these features, emphasizing quality, safety, and innovation. Japan has one of the highest proportions of old people in the world. Because age is a big component of healthcare needs, medical goods, especially gloves, are in high demand. Historically, Japan relied on imports for medical gloves, particularly from Malaysia, the world's largest producer of rubber gloves. However, given supply chain problems, particularly during the COVID-19 epidemic, there is renewed interest in increasing domestic manufacturing. Furthermore, Japan's Pharmaceuticals and Medical Devices Agency (PMDA) is critical in guaranteeing medical product quality and safety. Medical gloves must follow strict norms, and any imported gloves must also meet these requirements. Moreover, local companies and researchers are constantly striving to produce novel, high-quality, and environmentally friendly medical glove solutions, which is projected to grow the Japan medical gloves market even further.
- In 2022, the examination gloves segment accounted for the largest revenue share of more than 37.8% over the forecast period.
On the basis of type, the Japan Medical Gloves Market is segmented into examination and surgical. Among these, the examination gloves segment is dominating the market with the largest revenue share of 37.8% over the forecast period. This is due to the expanding prevalence of chronic and infectious diseases that are transmissible, as well as the increased need for diagnostic testing in the country. In addition, rising demand for these goods in hospitals, dental procedures for routine exams, and patient appointments is likely to propel the business forward. Examining gloves are used by doctors, nurses, and other healthcare professionals for non-invasive physical examinations, preventing cross-contamination between medical staff and recipients.
- In 2022, the latex segment is witnessing a higher growth rate over the forecast period.
Based on the raw material, the Japan Medical Gloves Market is segmented into latex, nitrile rubber, vinyl rubber, polyisoprene, and others. Among these, the latex segment is witnessing a higher growth rate over the forecast period. Natural rubber or latex medical gloves are intuitive and are utilized in applications such as medical operations and surgery. They are also flexible and comfortable to wear, making them ideal for working with water-based or biological materials. All of these factors are projected to increase demand during the forecast period.
- In 2022, the hospitals segment accounted for the largest revenue share of more than 34.2% over the forecast period.
On the basis of end-users, the Japan Medical Gloves Market is segmented into hospitals, clinics, ambulatory surgery centers, diagnostic centers, rehabilitation centers, and others. Among these, the electronics segment is dominating the market with the largest revenue share of 34.2% over the forecast period. The nation's fast-growing elderly population, combined with the increased prevalence of hospital-acquired and other illnesses such as hepatitis and infectious diseases, is expected to increase demand for these necessities. Additionally, the rising occurrence of Hospital-Acquired Infections (HAIs) such as as post-operative infection, pneumonia caused by ventilator use, and bloodstream infection is expected to increase the demand for products in the hospital end-user sector. Furthermore, the introduction of user-friendly and cost-effective medical gloves for application in hospitals is one of the key factors driving the market's growth in Japan.
The report offers the appropriate analysis of the key organizations/companies involved within the Japan Medical Gloves Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Motorix International Inc.
- Sansei Medical Instruments Co., Ltd.
- Nippon Chemical Screw Co., Ltd.
- Asahi Sangyo Co., Ltd.
- Green Drive Corporation
- Urano Kogyo Co., Ltd.
- SHOWA GROUP
- ICP Chemicals Co., Ltd.
- Happy Hands Latex Gloves Ltd.
- Sanko Chemical Industry Co. Ltd.
- Curex Mediwell LLC
- Harada Corporation
- Sumitomo Rubber Industries, Ltd.
- Utsunomiya Seisaku Co., LTD.
Key Target Audience
- Market Players
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
This study forecasts revenue at global, regional, and country levels from 2021 to 2032. Spherical Insights has segmented the Japan Medical Gloves Market based on the below-mentioned segments:
Japan Medical Gloves Market, By Type
Japan Medical Gloves Market, By Raw Material
- Nitrile Rubber
- Vinyl Rubber
Japan Medical Gloves Market, By End-Users
- Ambulatory Surgery Centers
- Diagnostic Centers
- Rehabilitation Centers
Need help to buy this report?