Healthcare Personal Protective Equipment Global Market Report (2020 to 2030) - COVID-19 Growth and Change - ResearchAndMarkets.com
The "Healthcare Personal Protective Equipment Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
The "Healthcare Personal Protective Equipment Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global healthcare personal protective equipment market.
The global healthcare personal protective equipment (PPE) market is expected to grow from $5.99 billion in 2019 to $7.83 billion in 2020 at a compound annual growth rate (CAGR) of 30.80%. The significant growth is mainly due to the COVID-19 outbreak and the measures to contain it. PPE are in huge demand by the care providers owing to the growing number of COVID-19 cases. However, there is a supply and demand gap due to restrictive containment measures that is challenging market growth. The market is then expected to stabilize and reach $11.45 billion in 2023 at a CAGR of 13.5%.
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North America was the largest region in the healthcare personal protective equipment market in 2019. Asia-Pacific is expected to be the fastest-growing regions in the forecast period.
Disruptions in the global supply chain of personal protective equipment (PPE) is hindering the market growth. Ever since the COVID-19 outbreak, the supply chain for PPE has not been adequate to meet the surge in demand. There is a shortage of supply, particularly for medical masks and respirators. Other PPE including gloves, gowns and goggles have also not been sufficient to handle the increasing number of cases. The WHO estimated that 89 million medical masks are required each month, along with 76 million examination gloves and 1.6 million medical goggles for the COVID-19 response.
In April, 2020, 3M, a renowned PPE manufacturer, collaborated with Ford for producing a powered air purifying respirator (PAPR) design and partnered with a diesel engine manufacturer, Cummins, for additional high efficiency particulate filters for using in its PAPRs in order to meet the increased demand for PPEs during the pandemic outbreak to protect health care professionals on the front lines fighting COVID-19. Cummins uses diesel engine filters to make PAPRs filter as guided by the 3M design whereas Ford increases the manufacturing capacity of existing 3M PPE products.
The increasing number of COVID-19 cases across the globe is projected to surge the demand for healthcare personal protective equipment. The rapid surge in coronavirus cases is generating huge demand for PPEs to protect health workers from infections in their daily medical operations. According to the World Health Organization report published on the 3rd July 2020, there were 10,719,946 COVID-19 confirmed cases globally. The demand for PPE including gloves, face protection masks or face shield, goggles, gloves, gown or coverall, head cover, and boots surged due to this global pandemic to ensure the safety of healthcare workers who are at the frontline combating the disease spread.
Key Topics Covered:
1. Executive Summary
2. Healthcare Personal Protective Equipment Market Characteristics
3. Healthcare Personal Protective Equipment Market Size And Growth
3.1. Global Healthcare Personal Protective Equipment Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Healthcare Personal Protective Equipment Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Healthcare Personal Protective Equipment Market Segmentation
4.1. Global Healthcare Personal Protective Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.2. Global Healthcare Personal Protective Equipment Market, Segmentation By End-use, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Healthcare Personal Protective Equipment Market Regional And Country Analysis
5.1. Global Healthcare Personal Protective Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Healthcare Personal Protective Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Companies Mentioned
- 3M Co.
- MSA Safety Inc.
- Ansell Limited
- Honeywell International Inc.
- E I DuPont de Nemours and Co
- Kimberly-Clark Corporation
- Lakeland Industries
- Alpha Pro Tech
- Sioen Industries NV
- Radians, Inc.
- Medline
- Sterimed
- Medisca Inc.
- Plasti Surge Industries Pvt.
- Cardinal Health
- Crosstex International, Inc.
- Med-Con
- priMED Medical Products, Inc.
- Halyard Health
- KOWA
- Baxter International Inc.BD
- Boston Scientific Corporation
- Dentsply Sirona, Inc.
- DePuy Synthes, Inc.
- Derekduck Industry Corp.
- Ethicon, Inc.
- Medtronic
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Unicharm
- Japan Vilene Company
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200818005606/en/