Article -> Article Details
Title | Healthcare Personal Protection Equipment Market Generate New Growth Opportunities by 2027 |
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Category | Fitness Health --> Exercise and Fitness |
Meta Keywords | Healthcare Personal Protection Equipment Market |
Owner | vinit |
Description | |
Market Forecast Registering a CAGR of 9.17%, the Global Healthcare
Personal Protection Equipment Market is expected to reach USD
10.116 Billion by 2027. As the Coronavirus (COVID-19) virus continues to spread
across the world, many healthcare companies such as 3M and DuPont are focused
on increasing the production of personal protective equipment and other medical
supplies to help with prevention and control of global pandemic. For instance,
in April 2020, DuPont, US-based healthcare company, launched a new program,
TyvekTogether, to increase the overall availability of Tyvek personal
protective garments to help combat the spread of COVID-19 and protect health
care workers Regional Analysis On a regional basis, the Americas is anticipated to dominate
the global healthcare personal protection equipment market owing to the
presence of a favorable regulatory scenario to increase the safety and security
of healthcare professional. Additionally, the US Food and Drug Administration
(FDA) is collaborating with manufacturers of personal protective equipment
(PPE) to help facilitate mitigation strategies related to the COVID-19
outbreak. Europe is expected to hold the second-largest position in the global
healthcare personal protection equipment market owing to the presence of a
robust healthcare infrastructure and well-established market players.
Furthermore, the rapid spread of COVID-19 pandemic in Italy, France, Spain, the
UK, Germany, and other countries is increasing the adoption of personal
protective equipment. Asia-Pacific is anticipated to be the fastest-growing region
is due to the rising demand of PPEs on the account of COVID-19 outbreak,
technological advancements, favorable regulatory scenario, and the rising
importance of safety & security among the healthcare industry. The growth
of the Middle East & Africa is attributed to the technological development
in the field of medical and healthcare industry, high penetration of PPEs in
developed healthcare economies such as Saudi Arabia and UAE. Segmentation The global healthcare personal protection equipment market
has been segmented into product and end-use. By product, the market has been segregated into protective
clothing, respiratory protection, head, eye and face protection, protective
footwear, hand protection, and others. The protective clothing is further
segmented into coveralls, gowns, and others. Respiratory protection is
bifurcated into surgical masks, respirator masks, and others. Hand protection
is further sub-segmented into general-purpose, chemical handling, sterile
gloves, and surgical. The respiratory segment is expected to witness the highest
CAGR during the forecast period owing to the rising demand for surgical masks
and respirators for protecting the hospital staff against pathogens and
contaminants. On the basis of end-use, the global healthcare personal
protection equipment market has been classified as hospitals & clinics,
ambulatory surgical centers, academic & research institutes, diagnostic
laboratories, and others. The hospitals & clinics segment is expected to
hold the largest market share owing to the rising number of people opting for
medical services for treatment coupled with an increasing number of physicians
in the emerging economies. Key Players
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