Medical Respiratory Protective Equipment Market Size, Share, Future Growth & Trends By 2027

The global medical respiratory protective equipment market size is anticipated to reach USD 824.3 million by 2027 registering a CAGR of 8.2%, according to a new report by Grand View Research, Inc. Growing utilization of respiratory and other protective equipment including surgical masks in healthcare sector is expected to drive the market.

Medical industry is characterized by exposure to various biological agents including bacteria, fungi, viruses, and endoparasites. The frontline workers in healthcare sector are under the threat of being infected by these harmful biological agents. Thus, high risk of biological hazards including COVID-19, Ebola, and SARSis expected to boost the product demand, thereby driving the market.

Among the service industries, medical industry employs a greater proportion of respirators as the chances of getting infected by airborne contaminants is higher as compared to that in other industries. Growing health concerns are also expected to boost the market growth over the forecast period.

Companies are focusing on operating throughout the value chain to gain dominance in the global market. This provides them with advantages, in terms of procurement of raw materials and distribution of finished products, thus maintaining the economies of scale at an optimum level. 3M, Honeywell International, and DuPont are few companies operating across the value chain.

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Medical Respiratory Protective Equipment Market Report Highlights

• Respirator mask segment is expected to register the fastest CAGR from 2020 to 2027 owing to high demand for these masks on account of growing threat of biological hazards including COVID-19, Ebola, and SARS
• Hospitals is anticipated to be the largest as well as the fastest-growing end-use segment over the forecast period on account of rising prevalence of Hospital-Acquired Infections (HAIs)
• North America is anticipated to lead the global market; however, APAC is projected to register the fastest growth rate from 2020 to 2027
• The growth in APAC is credited to the rapid expansion of medical industry and medical infrastructure development in the region
• Key players in the market are focusing on several strategies including new product developments, expansions, partnerships, and joint ventures along with backward integration

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Medical Respiratory Protective Equipment Market Segmentation

Grand View Research has segmented the global medical respiratory protective equipment market on the basis of product, end use, and region:

Medical Respiratory Protective Equipment Product Outlook (Revenue, USD Million, 2016 - 2027)

• Surgical Masks
• Respirator Masks
• Others

Medical Respiratory Protective Equipment End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Hospitals
• Home Healthcare
• Outpatient/Primary Care Facilities
• Others

Medical Respiratory Protective Equipment Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• Russia
• Spain
• U.K.
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• Australia
• Thailand
• Malaysia
• Central & South America
• Brazil
• Argentina
• Middle East
• Saudi Arabia
• UAE
• Africa
• South Africa

List of Key Players of Medical Respiratory Protective Equipment Market

• 3M Company
• Honeywell International, Inc.
• W. W. Grainger, Inc.
• Kimberly-Clark Corp.
• Delta Plus
• Uvex Safety
• Ansell

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com