Healthcare Personal Protective Equipment Market Research Investigates The Size, Share, Competitive Landscape And Industry Forecast, 2027

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Rise in demand for healthcare PPE to protect the healthcare personnel involved in the treatment of Covid-19 patients augments the growth of the global healthcare PPE market.

The global healthcare PPE market, according to a recent report by Allied Market Research, was valued at $12.9 billion in 2019 and is projected to reach $33.4 billion by 2027, with a compound annual growth rate (CAGR) of 12.4% from 2020 to 2027. The surge in demand for healthcare PPE, driven by the need to protect healthcare workers treating Covid-19 patients, is a key factor fueling market growth. Additionally, increased investment from both public and private sectors in PPE production to meet growing demand is contributing to market expansion. However, concerns regarding the environmental impact of PPE materials are restraining market growth. Nonetheless, the development of healthcare PPE using biodegradable materials presents opportunities for the market.

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The outbreak of Covid-19 has significantly increased the demand for healthcare PPE globally, including face masks, gloves, goggles, gowns, coveralls, and face shields. North America and Europe have relied on outsourcing PPE production to Asian countries like China and Malaysia to meet demand, although lockdowns have disrupted supply chains.

The market is witnessing a surge in demand for N95 and surgical masks to prevent infection, further contributing to market growth. In terms of product segmentation, protective clothing held the largest market share in 2019, driven by increased usage of coveralls, gowns, and scrubs. However, the respiratory protection segment is expected to exhibit the highest CAGR during the forecast period due to increased use of face masks by the general public amid the Covid-19 pandemic.

Among end-users, hospitals accounted for the largest market share in 2019 and are expected to maintain this position throughout the forecast period. The hospital segment is anticipated to register the highest CAGR, driven by the availability of healthcare insurance services. Geographically, North America held the highest market share in 2019, attributed to its advanced healthcare systems and stringent regulations regarding PPE usage. However, the Asia-Pacific region is expected to witness the highest CAGR, driven by increased affordability of primary healthcare services and infrastructure investments.

Key market players 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., and Medisca Pharmaceutique Inc.

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