The demand for PPE like examination gloves has grown dramatically over the last two months. Due to this unusual global increase in PPE demand, hospitals, primary healthcare facilities, quarantine centers, and other facilities are severely short on examination gloves.
The majority of the major industrial sectors in the world are currently paralyzed by the COVID-19 virus, which has infected people in more than 185 countries. On the other hand, businesses in the personal protective equipment (PPE) industry are under increasing pressure to increase production, while several industrial sectors continue to limit their production cycles.
WHO Urges Personal Protective Equipment Manufacturers to Ramp up Production Amidst Supply Crunch
The onset of COVID-19 is anticipated to significantly tax healthcare systems around the world. Since the safety of healthcare workers who interact frequently with confirmed and potential COVID-19 patients has come under scrutiny over the past few months, new guidelines for the use of personal protective equipment (PPE), such as face shields, protective goggles, examination gloves, protective gowns, and more, are being developed by individual nations.
The lockdown policies imposed by government agencies present a challenge to market participants operating in the current examination glove market, even though they are expected to increase the production of examination gloves to meet the demand for the same.
The World Health Organization (WHO) has urged the governments of the major producers and exporters of personal protective equipment to significantly increase production, so market participants should experience some relief over the next few days.
Shortages across Hospitals Worldwide – Companies Expected to CapitalizeExam gloves are in dire need worldwide due to the unanticipated COVID-19 pandemic as countries struggle to keep the deadly coronavirus under control. Manufacturers of examination gloves, who are currently facing significant production difficulties, have been caught off guard by the abnormal growth in demand for these gloves.
One of the top producers and exporters of examination gloves in Malaysia. Because businesses were forced to reduce their staff due to the extensive lockdown imposed by the Malaysian government, the production of PPE has significantly decreased.
The largest manufacturer of examination gloves, Top Glove Corp. Bhd, recently disclosed that manufacturers are under a lot of pressure because demand from the U.S. and Europe continues to outpace available production capacity.
Some of the top producers of examination gloves in Malaysia are banding together to win the trade ministry’s blessing for running their production lines at full capacity. To operate at full capacity in the current market environment, it is anticipated that the majority of major companies will concentrate on developing new strategies to increase their production volume.
Companies operating in the current market for examination gloves are expected to take advantage of the fact that governments around the world are still pursuing essential personal protective equipment, such as examination gloves, by streamlining their production capabilities and enlisting local governments’ assistance.
The supply of PPE will continue to be insufficient despite reaching full production capacity, according to market trends for examination gloves. However, to combat the COVID-19 virus, businesses should concentrate on closing the supply-demand gap. To close the gap, several examination glove producers, particularly in the Asia Pacific region, are operating 24-hour shifts on the production floor.
Healthcare Worker Safety Remains Critical in the Fight against COVID-19 – WHOProtecting healthcare workers will continue to be one of the biggest obstacles in the fight against COVID-19, the World Health Organization continues to emphasize. Exam glove supply disruptions over the past few weeks have been largely caused by several important factors, including product misuse, hoarding, and panic buying.
According to the WHO, the lack of PPE such as examination gloves, masks, gowns, and more will increase the number of under-equipped healthcare workers, which will have an impact on the standard of patient care.
Concerned about the global demand for examination gloves, the WHO has issued an urgent call to manufacturers and governments around the world to increase total manufacturing capacity by about 40%. The WHO has also asked governments around the world to loosen export restrictions and develop effective plans to stop hoarding and speculation to ensure a secure and stable supply chain.
According to the WHO, approximately 89 million medical masks, 1.6 million goggles, and roughly 76 million examination gloves will be needed each month during this stage of the pandemic and the following months. This will provide manufacturers in the examination market with plenty of opportunities to establish their dominance. Another discernible pattern that has emerged is the remarkable surge in the prices of PPE since the COVID-19 outbreak.
Despite a nearly six-fold increase in price for surgical masks, other personal protective equipment costs, such as those for examination gloves, have been on the rise and are expected to continue to do so in the coming weeks due to the magnitude of demand and supply constraints.
Government agencies are coming under increasing pressure to provide incentives to examination glove manufacturers to increase production. To take advantage of opportunities across different regions, businesses should also collaborate with local authorities to streamline their distribution channels.
To comprehend and address the numerous issues relating to the supply of examination gloves, the U.S. Food and Drug Association is currently working with manufacturers of examination gloves. In the coming weeks, manufacturers should anticipate a rise in sales orders as the number of COVID-19 cases continues to rise steadily around the world.
The major players covered in Examination Gloves are Ansell, Halyard Health, Sri Trang Group, Top Glove, Kossan Rubber, Bluesail, INTCO Medical, Cardinal Health, Molnlycke Health Care, Motex Group, Supermax and Other
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