Hand protection equipment is one of the most important equipment that the world needs right now, with a pandemic wreaking havoc across the globe. Millions of people have been infected and a large part of that has lost their lives and livelihoods. The pandemic has made people and institutions more careful of hand hygiene. This is set to drive the GCC medical gloves market forward.
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Another factor that will help the market grow at a prominent pace is increasing geriatric population. As membership in older age brackets grow, so do susceptibility to illnesses and need for admission into hospitals, clinics and so on. In turn, this drives up demand for medical gloves in a big way. Since healthcare infrastructure is improving in GCC and more and more people are seeking medical ad, demand for these gloves s growing, adding to revenue in the market.
A large number of people in the region are also experiencing illnesses that are chronic. These conditions are further driving the market on a higher growth curve. It is quite pertinent to note here that cancer cases in the region are particularly growing. In the year of 2018, KSA or Kingdom of Saudi Arabia alone has 24,486 cases recorded (new) and a large number of about 10,518 of these passed away, as per World Health Organization (WHO).
New opportunities are being seen in the market in a major way. The proactive players, well-known for their aggression and keen focus, are capturing new and innovative measures in their overall growth strategies. These are also helping the GCC medical gloves market grow and chart an impressive growth curve. Notable players in the GCC medical gloves market are NAFA Enterprises, Ltd, Salalah Medical Supplies Mfg. Co. LLC, Top Glove Corp Bhd., Hotpack Packaging Industries LLC, and United Medical Industries Co. Ltd, among others.
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