The medical protective equipment market was worth USD 14.18 billion in 2020, growing at a CAGR of 12.33% from 2021 to 2030
— Prakash Torase
SUITE N202, NEW YORK, USA, Sept. 15, 2022 /EINPresswire.com/ — According to analysts at Zion Market Research, the global medical protective equipment market was worth more than USD 14.18 billion in 2020 and is expected to reach over of USD 35.29 billion by 2028, growing at a CAGR of 12.33% from 2021 to 2028.
Major companies in the medical protective equipment market include 3M, Hartalega Holdings, Ansell Limited, DuPont, Cardinal Health, Kimberly-Clark Corporation, Honeywell International Inc., Top Glove Corporation Bhd, and O&M Halyard Inc., among others. These players are expected to support the development of the global medical protective equipment market.
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This examination is based on a report by Zion Market Research, titled “Medical Protective Equipment Market By Product (Protective Apparel, Respiratory Protection, Face Protection, Hand Protection and Others), By End User (Hospitals & Clinics, Homes , Diagnostic Laboratories and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028. »
The Covid-19 epidemic to stimulate growth
“Since medical protective equipment is the only effective equipment to control the spread of infectious diseases in the healthcare space, the market is expected to grow at a significant rate during the forecast period,” says the author of this study. Apart from this, the outbreak of the Covid-19 pandemic and the growing need and awareness for protection against the spread of infections are expected to fuel the growth of this market.
The World Health Organization (WHO) has also urged governments and companies to act quickly to boost production of masks, respirators and gloves to meet global demand.
The presence of big players and the increase in Covid-19 cases support North American dominance
Regionally, North America leads the global medical protective equipment market and is expected to maintain its dominant position in the coming years, according to the medical protective equipment market research. The presence of major players in countries like the United States is one of the major factors driving the dominance of the North American medical protective equipment market. Being one of the most affected regions, there is an increased awareness of the proper use of gloves, isolation and the use of face masks to curb the spread of infection. The ongoing pandemic and rising health awareness and benefits of using protective gears such as face masks, gloves, and others are also expected to increase the medical protective market in North America.
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Browse “Comprehensive Medical Protective Equipment Market By Product (Protective Apparel, Respiratory Protection, Face Shield, Hand Protection, and Others), By End User (Hospitals & Clinics, Homes, Diagnostic Laboratories, and Others): Global Perspective industry, comprehensive analysis and forecast, 2020 – 2028.
COVID-19 Impact Analysis
The medical protective equipment market has been strongly impacted by the Covid-19 epidemic. The novel coronavirus has skyrocketed the need and demand for medical protective equipment in the healthcare industry as well as consumer households and other industries. Medical protective equipment has become an indispensable tool in the fight against this disease and in keeping infection rates low. The World Health Organization (WHO) has also urged governments and companies to act quickly to boost production of masks, respirators and gloves to meet global demand.
The outbreak of the Covid-19 pandemic and the growing need and awareness for protection against the spread of infections is fueling the growth of this market. Frontline workers and first responders such as paramedics are now required to follow strict protocols and wear medical protective equipment such as gloves, masks and full gowns when treating infected patients. Since medical protective equipment is the only effective equipment to control the spread of infectious diseases in healthcare, the market is expected to grow at a significant rate over the forecast period. Furthermore, growing concern for safety and health of workers in manufacturing and other industries and rising awareness about protection against infectious diseases is expected to boost this market.
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The rest of Europe
South East Asia
Rest of Asia-Pacific
Rest of Latin America
Middle East and Africa
Rest of the Middle East and Africa
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