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(Medical-NewsWire.com, August 20, 2018 ) In the year 2018 Global Latex Medical Disposables Market was valued at USD 4.99 billion. By the year 2023, it is predicted to reach USD 6.4 billion with pace of 5.1% CAGR.
Latex medical disposables are used as primary wearable for safety and precaution while performing medical procedures such as surgeries, check-ups, and diagnostic tests in the hospitals, clinics, and laboratory centers. The latex medical disposables products are gloves, probe covers, urethral catheter which are made from natural rubber. These latex gloves are classified into two types namely powdered and non-powdered.
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Factors affecting market growth:
· Rising prevalence of urological disorders and other chronic diseases. (+)
· Increasing aging population across the globe. (+)
· Growing health awareness, cleanliness and hygiene atmosphere among the global population. (+)
· Increasing number of surgical interventions. (+)
· Rising healthcare expenditure. (+)
· Increasing investments for R&D activities. (+)
· Introduction of natural latex products. (+)
· Stringent government policies. (-)
· Risk of allergies and skin irritation caused by latex. (-)
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Market Segmentation
The Global Latex Medical Disposables Market is geographically segmented into
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East and Africa
North America holds a dominant position in the global latex medical disposables market, followed by Europe, owing to the increasing concern towards safety while performing medical procedures, and implementing safety measures to prevent contagious diseases.
Asia-Pacific is fast growing region due to rapid developments in healthcare infrastructure, increasing number of surgeries, growing healthcare expenditures, and rising awareness regarding the safety of patients and healthcare professionals are the driving the latex medical disposables market which is expected to contribute high growth rate in this region during the forecast period.
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Key players:
Leading companies for Global Latex Medical Disposables Market are Supermax Corporation Berhad, Dynarex Corporation, Medtronic plc, B. Braun Melsungen, C.R. Bard, Ansell, Top Glove Corporation, and Hartalega Holdings Bhd.
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Source: EmailWire.Com 
Source: EmailWire.com
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