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, Tyvek Together, to increase the overall availability of Tyvek personal protective garments to help combat the spread of COVID-19 and protect health care workers.
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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 PPE kits 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
- 3M (US)
- Honeywell International Inc. (US)
- Medtronic PLC (Ireland)
- Ansell (Australia)
- Sterimed (US)
- DuPont (US)
- Crosstex International, Inc. (US)
- Medisca Inc. (US)
- Alpha Pro Tech (Canada)
- Plasti Surge Industries Pvt. (India)
- Kimberly-Clark Worldwide, Inc. (US)
- Halyard Health
- priMED Medical Products, Inc. (Canada)
- Med-Con (Australia)
- KOWA (Japan)
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