Precedence Research’s latest report on the global N95 medical protective masks 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 N95 medical protective masks market size is projected to reach US$ 1.58 Billion by 2027, rising at a market growth (CAGR) of XX% 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 N95 medical protective masks 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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Surgical N95 respirators are frequently employed in healthcare situations and are a subdivision of N95 Filtering Face piece Respirators also known as N95s.An N95 respirator is a respiratory protective device intended to accomplish a very close facemask and offer effectual airborne particles filtration. The edges of the respirator are aimed to form a seal about the mouth and nose. Protective face masks are kind of one time use face cover also comprises air-purifying respirators. Protective face masks have benefits for consumers with respiratory concerns such as lung disease and asthma and consumers with cardiovascular illnesses also select these masks. Protective masks like N95 provide more fortification to health care workers executing medical procedures that may expose them to respiratory secretion of patient.
The N95 graded masks are intended to block more than 95% of test particles those are fewer than or equal to 0.3 microns. The N95 masks cleared by the FDA are named as surgical N95 respirators and are employed in healthcare settings preferably. These respirators obtain a clearance which includes performance testing from testing fluidic resistance and flammability and safety data assessment from biocompatibility testing. There are two kinds of N95 masks available in the market, one having exhalation valve and one deprived of the exhalation valve. The masks having exhalation valve are more favored as it decreases sweat and is stress-free for breathing.
Emerging and re-emerging communicable sicknesses are appeared to be a communal health threat across the world. Requirement for continuous responsiveness and willingness and attentiveness to deal with communicable disease epidemics has been witnessed, which may lead a hazardous threat to the human kind. The worldwide upsurge in the occurrence of air-borne diseases and contamination levels has been inspiring a substantial number of buyers to opt for disposable face masks.
The N95 grade medical protective masks have been recommended by the healthcare professionals and scientists as preventive equipment from the novel coronavirus infection spreading throughout the world. According to World Health Organization, individuals across 213 nations are suffering from Covid-19 in April, 2020. On account of growing cases of Covid-19 infection, the N95 grade medical protective masks marketplace is projected to observe noteworthy growth prospects during near future.
- The COVID-19 outbreak has amplified the sale for N95 masks, exclusively for healthcare professionals as this mask is explicitly endorsed for doctors and nurses
- The government organizations across all nations are imposing compulsory act of utilizing the face mask for the fortification from the communicable coronavirus.
- At present, travelers and tourists coming into the metropolises and roaming across the nations are constrained and Covid-19 testing is made mandatory for them.
- In March 2020, Honeywell extended its production competences in Phoenix to manufacture N95 face masks for assistance of U.S. government’s response to COVID19 pandemic.
North America is projected to gather highest chunk of the global N95 mask market revenue throughout the prediction period. Recently, the U.S. FDA has started an emergency usage authorization for the cleansing practice presented by Advanced Sterilization Products that may result in the sterilization of more than 4 million N95 masks on a daily basis. The respirators are cleaned with the help of hydrogen peroxide. More than 9,900 machines are operating currently in the U.S. and every machine is proficient to process more than 480 masks each day. Also shoe companies such as new balance have commenced in producing face masks and they are planning manufacturing more than 100,000 face masks weekly from facility situated in Lawrence and Massachusetts. Such initiatives undertaken by non-healthcare corporations have delivered profitable openings for the N95 grade medical protective masks market growth in this region. Europe is anticipated to emerge as second prevalent market through the prognosis period on account of epidemic of the Covid-19.
Key Players & Strategies
Well-established corporations are expected to goal for geographical expansion, in an attempt to achieve a more substantial brand reputation. Capacity enlargement is estimated to continue as the favored competitive approach for noticeable market contestants to remain competitive. Recently, 3M Company has ramped up its N95 respirators production, doubling its usual output in a response with global shortages of masks caused by Covid-19 outbreak. It is now producing around 100 million N95 respirators per month across the globe, with 35 million of these being manufactured in the U.S. Although 3M endures to govern N95 respirators marketplace, the robust sales growth was also witnessed for smaller companies like Moldex-Metric, Inc. and Alpha ProTech Inc.
Segments Covered in the Report:
- Mask without Exhalation Valve
- Mask with Exhalation Valve
- Drug Stores
- Online Stores
- 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)
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