Healthcare Personal Protective Equipment Market: Analysis
Healthcare Personal Protective Equipment Market
According to a recent report by Allied Market Research titled “Healthcare Personal Protective Equipment Market by Material (Protective Clothing, Face Protection, Eye Protection, Respiratory Protection, Hand Protection, and Others) and End User (Hospital, Home Healthcare, Outpatient/Primary Care Facilities, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027,” the global healthcare PPE market generated $12.9 billion in 2019 and is projected to reach $33.4 billion by 2027. This growth represents a robust CAGR of 12.4% from 2020 to 2027.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/6741
Key Market Drivers
The demand for healthcare PPE has surged, primarily due to the need to protect healthcare personnel treating COVID-19 patients. Key factors contributing to this market growth include:
– Increased Demand: The pandemic has heightened the need for PPE products, including face masks, gloves, goggles, gowns, coveralls, and face shields.
– Investment Surge: Public and private sector investments in PPE production have intensified to meet escalating demands.
Innovation Opportunities: The development of healthcare PPE made from biodegradable materials presents promising opportunities for market growth.
However, the environmental impact of PPE materials poses a challenge to market expansion.
For further insights, request a sample report here.
Market Segmentation
Protective Clothing Dominance: In 2019, the protective clothing segment commanded over one-third of the global healthcare PPE market. This was due to the essential use of coveralls, gowns, and scrubs by healthcare personnel. The respiratory protection segment, however, is expected to witness the highest CAGR of 14.0% during the forecast period, driven by increased mask usage among the general public.
Hospital Sector Leadership: The hospital segment held more than two-fifths of the market share in 2019 and is projected to continue leading through 2027, with a forecasted CAGR of 13.1%. This growth can be attributed to the accessibility of healthcare insurance services.
Regional Insights
North America’s Dominance: In 2019, North America held over one-third of the healthcare PPE market share and is expected to maintain its leading position throughout the forecast period. This is due to the presence of advanced healthcare systems and strict regulations governing PPE use in healthcare settings.
Asia-Pacific Growth Potential: The Asia-Pacific region is anticipated to exhibit the highest CAGR of 13.7% from 2020 to 2027, fueled by increased affordability of primary healthcare services and significant investments in healthcare infrastructure.
Key Players in the Market
Prominent companies in the healthcare PPE market include:
– Med-Con Pty Ltd.
– Ansell Limited
– DuPont de Nemours Inc.
– Cantel Medical Corporation
– Cardinal Health
– 3M Company
– Owens & Minor Inc.
– Honeywell International Inc.
– Medline Industries Inc.
– Medisca Pharmaceutique Inc.
𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/healthcare-ppe-market-A06376
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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