South East Asia Medical Gloves Market to Hit $373.7Mn by 2027; Heightening Demand for Protective Medical Clothing to Aid

South East Asia Medical Gloves Market Worth $373.7Mn at 10.5% CAGR; Leading Players Such as Top Glove and Hartalega to Focus on Strengthening Regional Brand Presence: Fortune Business Insights™

The ”South East Asia medical gloves industry“ size is projected to reach USD 373.7 million by 2027, exhibiting a CAGR of 10.5% during the forecast period. Rising number of COVID-19 cases in major Southeast Asian economies is expected to spike the demand for medical gloves in the region, finds Fortune Business Insights™ in its report, titled “South East Asia Medical Gloves Market Size, Share Industry Analysis, By Application (Surgical and Examination); By Material {Surgical (Latex and Synthetic) and Examination (Latex and Synthetic)}; By Category {Surgical (Powdered and Powder-free) and Examination (Powdered and Powder-free)} By End User {Surgical (Hospitals Clinics, Diagnostic and Pathology Labs, Dental Clinics, and Others) and Examination (Hospitals Clinics, Diagnostic and Pathology Labs, Dental Clinics, and Others)} and Country Forecast, 2020-2027”.

The coronavirus pandemic has hit several Southeast economies. According to the World Health Organization (WHO), in December 2020, confirmed COVID-19 cases in Myanmar stood at 100,431, with 2,132 deaths, while in the Philippines there are 442,785 confirmed cases, with 8,670 deaths. Vietnam, Thailand, Laos, and Cambodia have been exceptionally efficient at containing the spread of the virus, as per WHO data. In September 2020, Southeast Asian countries signed a declaration in Bangkok to collectively fight the coronavirus by augmenting the healthcare systems in the region. This initiative will favor the adoption disposable medical gloves in Southeast Asia as hospital admissions spike and the need for high-quality healthcare heightens in the region.

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Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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saurabh jadhav

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