Healthcare Personal Protection Equipment Market Size, Opportunities, Trends, Products, Revenue Analysis Till 2027
Registering a CAGR of 9.17%, the Global Healthcare Personal Protection Equipment Market is expected to reach USD 10.116 Billion by 2027.
As the
Coronavirus (COVID-19) virus continues to spread across the world, many
healthcare companies such as 3M and DuPont are focused on increasing the
production of personal protective equipment and other medical supplies to help
with prevention and control of global pandemic. For instance, in April 2020,
DuPont, US-based healthcare company, launched a new program, Tyvek Together, to
increase the overall availability of Tyvek personal protective garments to help
combat the spread of COVID-19 and protect health care workers.
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Regional
Analysis
On a
regional basis, the Americas is anticipated to dominate the global healthcare
personal protection equipment market owing to the presence of a favorable
regulatory scenario to increase the safety and security of healthcare
professional. Additionally, the US Food and Drug Administration (FDA) is
collaborating with manufacturers of personal protective equipment (PPE) to help
facilitate mitigation strategies related to the COVID-19 outbreak. Europe is
expected to hold the second-largest position in the global healthcare personal
protection equipment market owing to the presence of a robust healthcare
infrastructure and well-established market players. Furthermore, the rapid
spread of COVID-19 pandemic in Italy, France, Spain, the UK, Germany, and other
countries is increasing the adoption of personal protective equipment.
Asia-Pacific
is anticipated to be the fastest-growing region is due to the rising demand of
PPEs on the account of COVID-19 outbreak, technological advancements, favorable
regulatory scenario, and the rising importance of safety & security among
the healthcare industry. The growth of the Middle East & Africa is
attributed to the technological development in the field of medical and
healthcare industry, high penetration of PPEs in developed healthcare economies
such as Saudi Arabia and UAE.
Segmentation
The global
healthcare personal protection equipment market has been segmented into product
and end-use.
By product,
the market has been segregated into protective clothing, respiratory
protection, head, eye and face protection, protective footwear, hand
protection, and others. The protective clothing is further segmented into
coveralls, gowns, and others. Respiratory protection is bifurcated into
surgical masks, respirator masks, and others. Hand protection is further
sub-segmented into general-purpose, chemical handling, sterile gloves, and
surgical. The respiratory segment is expected to witness the highest CAGR
during the forecast period owing to the rising demand for surgical masks and
respirators for protecting the hospital staff against pathogens and
contaminants.
On the
basis of end-use, the global healthcare personal protection equipment market
has been classified as hospitals & clinics, ambulatory surgical centers,
academic & research institutes, diagnostic laboratories, and others. The
hospitals & clinics segment is expected to hold the largest market share
owing to the rising number of people opting for medical services for treatment
coupled with an increasing number of physicians in the emerging economies.
Key
Players
- 3M (US)
- Honeywell
International Inc. (US)
- Medtronic
PLC (Ireland)
- Ansell (Australia)
- Sterimed
(US)
- DuPont
(US)
- Crosstex
International, Inc. (US)
- Medisca
Inc. (US)
- Alpha Pro
Tech (Canada)
- Plasti
Surge Industries Pvt. (India)
- Kimberly-Clark
Worldwide, Inc. (US)
- Halyard
Health
- priMED
Medical Products, Inc. (Canada)
- Med-Con
(Australia)
- KOWA
(Japan)
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