Healthcare Personal Protective Equipment Market Worth US$25.55 Billion by 2027

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Precedence Research’s latest report on the global healthcare personal protective equipment market provides an analysis for the period of 2016 to 2027, wherein, 2020 is the base year, 2016 and before is historical data, and 2020 to 2027 is the forecast period.  The global healthcare personal protective equipment market value is projected to reach US$ 25.55 Billion by 2027, rising at a market growth (CAGR) of 8.12% during the forecast period.

Precedence Research provides an in-depth analysis of market size, share analysis, Industry growth, market valuation, market dynamics which includes drivers, restraints, opportunities, trends, challenges, market segmentation, competitive landscape, regional and country breakdowns, and strategies for healthcare personal protective equipment market. The study reviews the global industry by-products or services offered, downstream fields, end using customers, historic data figures regarding revenue and sales, market context, and more.

The report comprises a detailed value chain analysis, which provides a comprehensive view of this market. The Porter’s Five Forces model for the global market has also been included to help understand the competitive landscape. The study covers market attractiveness analysis, wherein resin types are benchmarked based on their market value, growth rate, and general attractiveness.

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Personal Protective Equipment or PPE is dedicated equipment or clothing used by worker for fortification against communicable materials. It is utilized in healthcare environment to generate a barrier amongst contagious agent from the patient and healthcare workers and to diminish the danger of spreading micro-organisms from healthcare staffs to patient. Personal protective equipment find extensive application in averting different infectious diseases comprise gloves, medical masks, face shield, gowns, goggles, protective clothing or apron, and respirators likeFFP2 and N95 standard/comparable. Further, PPE also sometimes be employed by the visitors or family members, mainly if they are offering straight patient care in activities like supporting patient with toileting. In these conditions careers should completely inducted in the application of PPE and hand sanitation.

Protective equipment is used to diminish contact to threats that can lead serious workstation infections. These diseases might result from contact with physical, chemical, electrical, mechanical, radiological, or other workstation dangers. Occupational Safety and Health Administration concerns workplace health and safety regulations on the other hand Centers for Disease Control and Prevention recommends when and how to practice PPE.

Growth Factors

Major influence projected to boost the growth of personal protective equipment market comprise rising responsiveness concerning employee safety and health, intensifying fatalities caused due to outburst of diseases led by deficiency of appropriate personal protective equipment. Government authorities worldwide are growing inclination and concerns towards safety and health of workforces. In order to decrease uncertainties and accidents in industries, government organizations of many nations have issued multiple safety guidelines. In precise, N95 masks are achieving exponential market revenue and attention as these masks are more operative than other face coverings used to avoid the contamination of the COVID19.

The proliferation of personal protective equipment in different hospitals is projected to observe substantial growth due to escalating occurrence of hospital-acquired contaminations and rising elderly populace across the world. Furthermore, the introduction of promising initiatives and improvements upholding the practice of personal protective equipment in government facilities is estimated to flourish growth of the healthcare personal protective equipment market throughout the prediction period.

Report Highlights

  • The U.S. and Europe healthcare industry in is projected to propagate at a robust growth rate than the GDP which will increase sale for medical products exponentially.
  • The perception of personal protective equipment in hospitals segment is projected to observe exponential growth due to increasing pervasiveness of hospital-acquired contaminations worldwide.
  • Government authorities worldwide are growing inclination and concerns towards safety and health of workforces.

Key Players of the global healthcare personal protective equipment market are:

  • DentsplySirona, Inc.
  • 3M
  • Stryker Corporation
  • DePuySynthes, Inc.
  • Boston Scientific Corporation
  • Ethicon, Inc.
  • Derekduck Industry Corp.
  • Baxter International Inc.BD
  • Medtronic
  • Zimmer Biomet Holdings, Inc.

Segments Covered in the Report:

Market Segment

By Product

  • Face Protection
  • Eye Protection
  • Protective clothing
    • Gowns
    • Others
  • Hand protection
    • Durable Gloves
    • Disposable Gloves
  • Respiratory Protection
    • Surgical Masks
    • Respirator Masks
  • Others

By End-use

  • Hospitals
  • Primary Care Facilities
  • Home Healthcare
  • Others

Regional Segment

  • North America (United States, Canada)
  • Europe (Germany, France, UK,  Italy, Russia, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia, Korea, and Rest of Asia Pacific)
  • Latin America (Brazil and the Rest of Latin America)
  • The Middle East and Africa (GCC, North Africa, South Africa, and Rest of the Middle East & Africa)

Key Players & Strategies

Substantial gap concerning supply and demand is assessed to bid sizeable prospects for companies to enter in the marketplace. Numerous states have employed their emergency resources and are anticipated to refill their stocks throughout the estimate period. This is projected to offer alluring growth openings for manufacturers in this market arena in the current coronavirus pandemic situation.

In the outbreak situation, Hospitals describe growing costs and declining revenues as a hazard to their financial viability. Varying guidance from state, federal and local authorities creates issues and generates confusion for both public and hospitals. In the initial days of the epidemic in the U.S., various health systems and hospitals tried to secure the indispensable PPE on account ofprevalent shortages. Whereas these shortages have subsided slightly, numerous healthcare establishments are still worried regarding upholding their supply, and have also bemoaned shortages of other essential pandemic items including respirators and such as ventilators for critically ill patients.

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Carolina is an author who specializes in covering healthcare, chemical, and the automotive industry. Before joining Market Stats News, Carolina covered some of the biggest companies in Silicon Valley for the San Jose Mercury News. She loves all things French and the written word. Articles by Carolina


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