Healthcare Personal Protection Equipment Market Forecast:
Healthcare Personal Protection Equipment Market size is expected to cross USD 10.116 Billion by 2027 at a CAGR of 9.17%.
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.
The growing COVID-19 pandemic has been a major driver for the global healthcare personal protection equipment market. COVID-19 can spread easily through the eyes, nose, and mouth of healthcare professionals. This has led to a growing demand for healthcare personal protection equipment all over the world. COVID-19 is a highly infectious disease that can contaminate through the soft openings, leading to a widespread requirement for effective healthcare personal protection equipment. As COVID-19 has become more prevalent around the world, healthcare agencies have increased their demand for healthcare personal protection equipment. The rising prevalence of COVID-19 is likely to be a major driver for the global healthcare personal protection equipment market in the short term. In April 2020, COVID-19 crossed 2 million cases globally.
Increasing awareness about the potential for contamination through soft openings such as the nose and the mouth is likely to be the major driver for the global healthcare personal protection equipment market over the forecast period. Healthcare agencies are becoming increasingly aware about the potential for significant contamination in healthcare spots such as hospitals. The rising prevalence of hospital-acquired infections is a major driver for the global healthcare personal protection equipment market.
Healthcare Personal Protection Equipment Market Competitive Leaderboard:
Leading players in the global healthcare personal protection equipment market include 3M, Honeywell International Inc., Medtronic plc, Ansell, Sterimed, DuPont, Crosstex International Inc., Medisca Inc., Alpha Pro Tech, Plasti Surge Industries Pvt., Kimberley-Clark Worldwide Inc., Halyard Health, priMED Medical Products Inc., Med-Con, and KOWA. Leading players in the global healthcare personal protection equipment market are engaged in developing lighter, less cumbersome versions of healthcare personal protection equipment in order to make it easier to put them on and take them off. Technological innovation in healthcare personal protection equipment is likely to remain a key investment avenue for players in the global healthcare personal protection equipment market over the forecast period.
Healthcare Personal Protection Equipment Market Segmentation:
The global healthcare personal protection equipment market is segmented on the basis of product type, end use, and region.
By product type, the global healthcare personal protection equipment market is segmented into protective clothing, respiratory protection, protective footwear, hand protection, head, eye, and face protection, and others. The head, eye, and face protection segment is the largest in the market and is likely to remain the dominant revenue generator over the forecast period. The high risk of microbial infection through the nose, eyes, and the mouth is the major driver for the head, eye, and face protection segment over the forecast period. The nose, eyes, and the mouth are soft entry points and need to be protected against microbial contamination in order to safeguard the individual. This is the primary driver for the head, eye, and face protection segment.
By end use, the global healthcare personal protection equipment market is segmented into hospitals and clinics, ambulatory surgical centers, academic and research institutes, diagnostic laboratories, and others.
Healthcare Personal Protection Equipment Market Regional Analysis:
The Americas are the largest regional market for healthcare personal protection equipment and are likely to retain the position over the forecast period. Widespread awareness about healthcare personal protection equipment in North America is the major driver for the healthcare personal protection equipment market in the Americas region.
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