Japan Medical Gloves Market, By Product Type (Examination, Surgical, Chemotherapy), By Form (Powdered, Powder-Free), By Usage (Disposable, Reusable), By Raw Material (Latex, Nitrile Rubber, Vinyl Rubber, Polyisoprene, Others), By End-User (Hospitals, Clin
Description
Japan Medical Gloves Market, By Product Type (Examination, Surgical, Chemotherapy), By Form (Powdered, Powder-Free), By Usage (Disposable, Reusable), By Raw Material (Latex, Nitrile Rubber, Vinyl Rubber, Polyisoprene, Others), By End-User (Hospitals, Clinics, Ambulatory Surgery Centers, Diagnostic Centers, Rehabilitation Centers, Others) Trend Analysis, Competitive Market Share & Forecast, 2018-2028
Japan Medical Gloves Market Registering Impressive Growth: Forecast to Grow at a CAGR of 16.4% by 2028
Japan medical gloves market is growing at a high CAGR because of the increasing burden of various infectious and chronic diseases in the country, along with increasing demand for surgical procedures, especially cosmetic surgery. Another factor propelling the market forward is the flourishing medical tourism industry.
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the Japan medical gloves market was worth USD 659.8 million in 2021. According to the study, the market is estimated to grow at a CAGR of 16.4%, earning revenue of around USD 1,907.1 million by the end of 2028. The Japan medical gloves market is growing at a high rate due to the strict guidelines the government has set for the use of personal protective equipment by healthcare workers post the COVID-19 outbreak to prevent cross-contamination and hospital-acquired infections (HAIs). Furthermore, the growing burden of various infectious and chronic diseases and rising demand for diagnostic tests and medical examination is anticipated to drive the market growth during the forecast period. However, growing concern towards medical waste generated through non-biodegradable medical gloves may act as a huge restraining factor for the market growth.
Growing Online Sales Channels May Provide Lucrative Growth Opportunities during the Forecast Period
The increasing penetration of smartphones and expanding online platforms are providing significant growth opportunities to the Japan medical gloves market. Many manufacturers are turning to popular websites such as Amazon.com and launching standalone websites in an effort to reach out to more consumers. Moreover, medical glove manufacturers, such as Top Glove, Nulife, Cardinal Health, Nipro, etc., provide a variety of products on their websites and accept bulk orders from healthcare facilities, which is expected to drive market growth.
Rising Demand for Nitrile Medical Gloves is Anticipated to Drive the Market Growth
Based on raw materials, Japan medical gloves market is segmented into latex, nitrile rubber, vinyl rubber, polyisoprene, and others. Nitrile medical gloves hold the largest share of the market due to their superior chemical resistance when compared to other materials. Additionally, they are highly puncture-resistant, frictionless, and durable, providing protection against pathogens, body fluids, and chemicals. However, the vinyl rubber segment also represents a substantial share of the market due to its lower cost and protection against skin allergies and reactions.
Japan Medical Gloves Market - By End-User
Based on end-users, the Japan medical gloves market is segmented into hospitals, clinics, ambulatory surgery centers, diagnostic centers, rehabilitation centers, and others. Among these, the hospital segment dominates the market because of the surging COVID-19 cases in these facilities and the rising demand for PPE kits, including medical gloves to protect the frontline workers from the transmission of the deadly coronavirus. However, the diagnostic centers are anticipated to witness the highest growth rate during the forecast period as the government is establishing new diagnostic centers for rapid COVID-19 testing to prevent further outbreaks in the country.
Impact of COVID-19 on Japan Medical Gloves Market
As a result of the COVID-19 pandemic outbreak in Japan, the medical gloves market in the country enjoyed lucrative growth opportunities. After the COVID-19 outbreak, the Japanese government made it mandatory for all healthcare professionals to wear medical gloves to prevent the spread of the virus, which significantly boosted the demand for medical gloves. Thus, the country witnessed a spike in sales of disposable medical gloves due to the fact that frontline healthcare workers widely used them to protect themselves from virus transmission. Currently, with the Omicron variant rearing its ugly head in Japan, the country’s medical gloves market may once again face a huge demand and supply gap.
Japan Medical Gloves Market- Competitive Landscape
The leading players in the Japan medical gloves market are Motorix International Inc., Sansei Medical Instruments Co., Ltd., Nippon Chemical Screw Co., Ltd., Asahi Sangyo Co., Ltd., Green Drive Corporation, Urano Kogyo Co., Ltd., ICP Chemicals Co., Ltd., Happy Hands Latex Gloves Ltd., Sanko Chemical Industry Co. Ltd., Curex Mediwell LLC, and other prominent players.
Japan medical gloves market is highly fragmented due to the presence of several industry participants. The huge demand and supply gap for medical gloves in Japan is providing significant growth opportunities to the new entrants. Different market players offer a wide range of products made from a variety of materials and for a variety of end-user needs. They are also focusing on improving their distribution channel and shifting towards online platforms to boost their product penetration. Furthermore, the adoption of competitive strategies, such as mergers, acquisitions, collaborations, joint ventures, etc., is also prominent in this market.
Japan Medical Gloves Market Registering Impressive Growth: Forecast to Grow at a CAGR of 16.4% by 2028
Japan medical gloves market is growing at a high CAGR because of the increasing burden of various infectious and chronic diseases in the country, along with increasing demand for surgical procedures, especially cosmetic surgery. Another factor propelling the market forward is the flourishing medical tourism industry.
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the Japan medical gloves market was worth USD 659.8 million in 2021. According to the study, the market is estimated to grow at a CAGR of 16.4%, earning revenue of around USD 1,907.1 million by the end of 2028. The Japan medical gloves market is growing at a high rate due to the strict guidelines the government has set for the use of personal protective equipment by healthcare workers post the COVID-19 outbreak to prevent cross-contamination and hospital-acquired infections (HAIs). Furthermore, the growing burden of various infectious and chronic diseases and rising demand for diagnostic tests and medical examination is anticipated to drive the market growth during the forecast period. However, growing concern towards medical waste generated through non-biodegradable medical gloves may act as a huge restraining factor for the market growth.
Growing Online Sales Channels May Provide Lucrative Growth Opportunities during the Forecast Period
The increasing penetration of smartphones and expanding online platforms are providing significant growth opportunities to the Japan medical gloves market. Many manufacturers are turning to popular websites such as Amazon.com and launching standalone websites in an effort to reach out to more consumers. Moreover, medical glove manufacturers, such as Top Glove, Nulife, Cardinal Health, Nipro, etc., provide a variety of products on their websites and accept bulk orders from healthcare facilities, which is expected to drive market growth.
Rising Demand for Nitrile Medical Gloves is Anticipated to Drive the Market Growth
Based on raw materials, Japan medical gloves market is segmented into latex, nitrile rubber, vinyl rubber, polyisoprene, and others. Nitrile medical gloves hold the largest share of the market due to their superior chemical resistance when compared to other materials. Additionally, they are highly puncture-resistant, frictionless, and durable, providing protection against pathogens, body fluids, and chemicals. However, the vinyl rubber segment also represents a substantial share of the market due to its lower cost and protection against skin allergies and reactions.
Japan Medical Gloves Market - By End-User
Based on end-users, the Japan medical gloves market is segmented into hospitals, clinics, ambulatory surgery centers, diagnostic centers, rehabilitation centers, and others. Among these, the hospital segment dominates the market because of the surging COVID-19 cases in these facilities and the rising demand for PPE kits, including medical gloves to protect the frontline workers from the transmission of the deadly coronavirus. However, the diagnostic centers are anticipated to witness the highest growth rate during the forecast period as the government is establishing new diagnostic centers for rapid COVID-19 testing to prevent further outbreaks in the country.
Impact of COVID-19 on Japan Medical Gloves Market
As a result of the COVID-19 pandemic outbreak in Japan, the medical gloves market in the country enjoyed lucrative growth opportunities. After the COVID-19 outbreak, the Japanese government made it mandatory for all healthcare professionals to wear medical gloves to prevent the spread of the virus, which significantly boosted the demand for medical gloves. Thus, the country witnessed a spike in sales of disposable medical gloves due to the fact that frontline healthcare workers widely used them to protect themselves from virus transmission. Currently, with the Omicron variant rearing its ugly head in Japan, the country’s medical gloves market may once again face a huge demand and supply gap.
Japan Medical Gloves Market- Competitive Landscape
The leading players in the Japan medical gloves market are Motorix International Inc., Sansei Medical Instruments Co., Ltd., Nippon Chemical Screw Co., Ltd., Asahi Sangyo Co., Ltd., Green Drive Corporation, Urano Kogyo Co., Ltd., ICP Chemicals Co., Ltd., Happy Hands Latex Gloves Ltd., Sanko Chemical Industry Co. Ltd., Curex Mediwell LLC, and other prominent players.
Japan medical gloves market is highly fragmented due to the presence of several industry participants. The huge demand and supply gap for medical gloves in Japan is providing significant growth opportunities to the new entrants. Different market players offer a wide range of products made from a variety of materials and for a variety of end-user needs. They are also focusing on improving their distribution channel and shifting towards online platforms to boost their product penetration. Furthermore, the adoption of competitive strategies, such as mergers, acquisitions, collaborations, joint ventures, etc., is also prominent in this market.
Table of Contents
118 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Key Market Segments
- 2. Research Methodology
- 2.1. Qualitative Research
- 2.2. Methodology
- 2.3. Regional Split of Primary & Secondary Research
- 2.4. Secondary Research
- 2.5. Primary Research
- 2.5.1. Breakdown of Primary Research Respondents, By Region
- 2.5.2. Breakdown of Primary Research Respondents, By Industry Participants
- 2.6. Market Size Estimation
- 2.7. Assumptions for the Study
- 2.8. Market Breakdown & Data Triangulation
- 3. Executive Summary
- 4. Industry Insight and Growth Strategy
- 4.1. Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Market Drivers
- 4.2.1.1. Increasing Burden Of Infectious And Chronic Diseases
- 4.2.1.2. Flourishing Medical Tourism
- 4.2.2. Market Restraints
- 4.2.2.1. Growing Concern Towards Medical Waste
- 4.2.3. Market Challenges
- 4.2.3.1. Huge Demand and Supply Gap
- 4.2.4. Market Opportunity
- 4.2.4.1. Expanding Online Sales Channels
- 4.2.4.2. Rising Demand for Nitrile Medical Gloves
- 4.3. Recent Developments
- 4.4. Porter’s Five Forces Analysis
- 4.4.1. Bargaining Power of Buyers
- 4.4.2. Bargaining Power of Suppliers
- 4.4.3. Intensity of Rivalry
- 4.4.4. Threat of New Entrants
- 4.4.5. Threat of Substitutes
- 5. Japan Medical Gloves Market Overview
- 5.1. Market Size & Forecast by Value, 2018-2028
- 5.2. Market Size and Forecast, By Segment
- 5.2.1. By Product Type
- 5.2.1.1. Examination
- 5.2.1.2. Surgical
- 5.2.1.3. Chemotherapy
- 5.2.2. By Form
- 5.2.2.1. Powdered
- 5.2.2.2. Powder-Free
- 5.2.3. By Usage
- 5.2.3.1. Disposable
- 5.2.3.2. Reusable
- 5.2.4. By Raw Material
- 5.2.4.1. Latex
- 5.2.4.2. Nitrile Rubber
- 5.2.4.3. Vinyl Rubber
- 5.2.4.4. Polyisoprene
- 5.2.4.5. Others
- 5.2.5. By End-User
- 5.2.5.1. Hospitals
- 5.2.5.2. Clinics
- 5.2.5.3. Ambulatory Surgery Centers
- 5.2.5.4. Diagnostic Centers
- 5.2.5.5. Rehabilitation Centers
- 5.2.5.6. Others
- 6. Competitive Landscape
- 6.1. List of Key Players and Their Offerings
- 6.2. Market Share Analysis (2021)
- 6.3. Competitive Benchmarking by Operating Parameters
- 7. Impact of COVID-19 on Japan Medical Gloves Market
- 8. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- 8.1. Motorix International Inc.
- 8.2. Sansei Medical Instruments Co., Ltd.
- 8.3. Nippon Chemical Screw Co., Ltd.
- 8.4. Asahi Sangyo Co., Ltd.
- 8.5. Green Drive Corporation
- 8.6. Urano Kogyo Co., Ltd.
- 8.7. ICP Chemicals Co., Ltd.
- 8.8. Happy Hands Latex Gloves Ltd.
- 8.9. Sanko Chemical Industry Co. Ltd.
- 8.10. Curex Mediwell LLC
- 8.11. Other Prominent Players
- 9. Key Strategic Recommendations
- List of Figures
- Figure 1: Japan Medical Gloves Market Segmentation
- Figure 2: Japan Medical Gloves Market Value Chain Analysis,
- Figure 3: Company Market Share Analysis, 2021
- Figure 4: Japan Medical Gloves Market Size, By Value (USD Million), 2018-2028
- Figure 5: Japan Medical Gloves Market Share (%), By Product Type, By Value, 2018-2028
- Figure 6: Japan Medical Gloves Market Share (%), By Form, By Value, 2018-2028
- Figure 7: Japan Medical Gloves Market Share (%), By Usage, By Value, 2018-2028
- Figure 8: Japan Medical Gloves Market Share (%), By Raw Materials, By Value, 2018-2028
- Figure 9: Japan Medical Gloves Market Share (%), By End-User, By Value, 2018-2028
- List of Tables
- Table 1: Japan Medical Gloves Market Size, By Product Type, By Value, 2018-2028
- Table 2: Japan Medical Gloves Market Size, By Form, By Value, 2018-2028
- Table 3: Japan Medical Gloves Market Size, By Usage, By Value, 2018-2028
- Table 4: Japan Medical Gloves Market Size, By Raw Materials, By Value (USD Million), 2018-2028
- Table 5: Japan Medical Gloves Market Size, By End-User, By Value (USD Million), 2018-2028
- Table 6: Motorix International Inc. Financial Analysis
- Table 7: Motorix International Inc. Business Overview
- Table 8: Sansei Medical Instruments Co., Ltd. Financial Analysis
- Table 9: Sansei Medical Instruments Co., Ltd. Business Overview
- Table 10: Nippon Chemical Screw Co., Ltd. Financial Analysis
- Table 11: Nippon Chemical Screw Co., Ltd. Business Overview
- Table 12: Asahi Sangyo Co., Ltd. Financial Analysis
- Table 13: Asahi Sangyo Co., Ltd. Business Overview
- Table 14: Green Drive Corporation Financial Analysis
- Table 15: Green Drive Corporation Business Overview
- Table 16: Urano Kogyo Co., Ltd. Financial Analysis
- Table 17: Urano Kogyo Co., Ltd. Business Overview
- Table 18: ICP Chemicals Co., Ltd. Financial Analysis
- Table 19: ICP Chemicals Co., Ltd. Business Overview
- Table 20: Happy Hands Latex Gloves Ltd. Financial Analysis
- Table 21: Happy Hands Latex Gloves Ltd. Business Overview
- Table 22: Sanko Chemical Industry Co. Ltd. Financial Analysis
- Table 23: Sanko Chemical Industry Co. Ltd. Business Overview
- Table 24: Curex Mediwell LLC Financial Analysis
- Table 25: Curex Mediwell LLC Business Overview
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