Europe Latex Medical Disposables Market

Europe Latex Medical Disposables Market Size (2024 to 2029)

The latex medical disposables market size in Europe was around USD 1.06 billion in 2023. The regional market size is further expected to grow at a CAGR of 5.1% from 2024 to 2029 and be valued at USD 1.11 billion in 2024 and USD 1.43 billion by 2029. It captures 30% of the global market.

MARKET DRIVERS

The growing population suffering from urological problems across Europe is majorly propelling the growth of the Europe latex medical disposables market.

The prevalence of urological problems and the adoption of latex nitrile disposable gloves among surgeons, doctors, dentists, and other professionals has been increasing gradually over the last few years and resulting in the increasing demand for latex medical disposables. In addition, the expanding number of elderly patients and the rising frequency of chronic diseases in all patients, regardless of age, are also driving the market forward. Other factors driving the growth of the latex medical disposables market include an increase in the number of surgeries performed, an increase in people's worries about hygiene and cleanliness, and the steady entrance of improved goods into the market.

The market participants in Europe have been constantly working to boost market growth by developing innovative products and techniques and forming strategic partnerships, all likely to create multiple growth opportunities for stakeholders, dealers, and other key players in the latex medical disposables market. Increased acceptance of latex urine bags by patients and the rising frequency of various chronic diseases are likely to enhance demand for latex medical disposable items such as Foley catheters, which are used in surgeries performed on patients diagnosed with chronic kidney disease. In addition, expanding healthcare and improving healthcare infrastructure in emerging countries certainly create new opportunities for market players in those countries.

MARKET RESTRAINTS

The adverse effects connected with the use of latex-like skin irritation and allergy are major restraints for Europe latex medical disposables market.

In addition, the rising number of people with latex allergies is prompting medical organizations to explore non-latex alternatives, which is likely to impede the growth of the latex medical disposables market throughout the forecast period. Another essential difficulty for market participants is to minimize product costs and profit margins to compete with rivals, particularly in regional markets. These factors are restraining the Europe Latex Medical Disposables market during the forecast period.

This research report on the European latex medical disposables market has been segmented and sub-segmented into the following categories.

By Product Type

• Latex Gloves          
• Latex Foley Catheters        
• Latex Probe Covers             
• Urine Bags               
• Others

By End User

• Hospitals  
  • Public
  • Private
• Ambulatory Surgical Centers           
• Clinics        
• Diagnostic Centers               
• Others     

By Country

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

Europe is forecasted to account for a significant share of the global market during the forecast period.

Rising safety concerns, more knowledge of health and the transmission of contagious diseases, and increased steps to prevent the spread of these diseases are only a few of the primary reasons driving the European market. As a result, the government and regulatory agencies are working to stop the disease from spreading further. Likewise, many businesses are ramping up production in response to the unexpected surge in demand. In addition, due to well-established healthcare infrastructure, increased adoption rates of modern technologies, and growing awareness of the impacts of cross-contamination and infection control measures in healthcare facilities.

The UK is expected to dominate the latex medical disposables market in Europe during the forecast period.

Latex medical gloves are becoming more popular in the UK as the frequency of hospital visits rises. The frequency of visits to the accident and emergency department (A&E) in England, for example, has steadily climbed over time. The attendance climbed from 59,396 in 2013 to 70,230 in 2019, according to the National Health Service's 2020 report.

Germany is predicted to play a significant role in the European market.

Technological advancements in the healthcare industry fuel the German market's growth. Key market players are investing in innovative technologies and developing new products that will aid in the reduction of infections and hazards, which will assist in growing demand in this market.

KEY PLAYERS IN EUROPE LATEX MEDICAL DISPOSABLES MARKET

Companies playing an influential role in the European latex medical disposables market profiled in this report are B. Braun Melsungen, C.R. Bard, Ansell, Top Glove Corporation, Hartalega Holdings Bhd., Supermax Corporation Berhad, Dynarex Corporation, and Medtronic plc.