Pune, India, Oct. 13, 2022 (GLOBE NEWSWIRE) -- MarketStudyReport recently added latest report, global healthcare personal protective equipment market is estimated to grow at a CAGR of 14.7% through 2028, and subsequently amass a valuation of USD 31 billion by the end of the analysis timeframe.
Furthermore, the research literature illustrates the competitive dynamics within the marketplace, showcasing their business overview, financial status, product portfolio, manufacturing arena, and major strategic advancements in the form of mergers, acquisitions, and key collaborations undertaken by them during the assessment period, in a bid to expand their reach and retain their dominance within the industry space.
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Rapidly developing healthcare systems, improving economic conditions, escalating healthcare spending, and population boom are some of the major factors fueling the augmentation in industry revenue margins during 2022-2028.
In addition, escalating prevalence of chronic diseases as well as increasing investments directed toward improving technology and healthcare infrastructure are likely to propel the profitability graph of the marketplace over the forecast duration.
COVID-19 impact summary: -
Since the onset of the Coronavirus pandemic, first respondents like healthcare workers felt the need to enhance their safety protocols in order to tackle the virus efficiently with the aid of the augmented supply of gloves, gowns, and masks during the review period.
Segmental overview: -
Considering product type, the gloves segment of worldwide healthcare personal protection equipment industry experienced amplified demand in 2020, owing to the onset of the pandemic, and is estimated to register substantial expansion during the assessment period.
Meanwhile, the masks segment is expected to foresee a considerable rise in demand, during the analysis timeframe, owing to the key role of the product in effectively tackling chronic diseases in the upcoming years.
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Regional rundown: -
Seasoned experts cite that Europe market is estimated to showcase robust growth during 2022-2028, ascribed to an increase in product demand during the pandemic.
Meanwhile, Asia Pacific is expected to contribute substantially to overall market share during 2022-2028, attributable to increasing emphasis on better safety standards, improving healthcare infrastructure, and a burgeoning inclination toward home healthcare facilities in the region.
Competitive framework review: -
The competitive hierarchy of global healthcare protective personal equipment industry is majorly defined by prominent multinationals such as 3M Company, Cantel Medical Corporation, Hartalega Holdings Bhd., Cardinal Health, Inc., Medline Industries, LP, Lakeland Industries Inc., DuPont de Nemours, Inc., Top Glove Corporation Berhad, Honeywell International Inc., Dynarex Corporation, Owen’s & Minor Inc., and Kimberly-Clark Corporation.
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Global Healthcare Protective Personal Equipment Market, By Product (Value, USD Billion, 2018-2028)
- Face shields
- Goggles
- Masks & respirators
- Gowns/ aprons
- Gloves
- Others
Global Healthcare Protective Personal Equipment Market, By Region (Value, USD Billion, 2022-2028)
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
Global Healthcare Protective Personal Equipment Market, Company Profiles (Value, USD Billion, 2022-2028)
- 3M Company
- Cantel Medical Corporation
- Hartalega Holdings Bhd.
- Cardinal Health, Inc.
- Medline Industries, LP
- Lakeland Industries Inc.
- DuPont de Nemours, Inc.
- Top Glove Corporation Berhad,
- Honeywell International Inc.
- Dynarex Corporation
- Owen’s & Minor Inc.
- Kimberly-Clark Corporation.
TABLE OF CONTENTS:
PART 1. INTRODUCTION
- Report description
- Objectives of the study
- Market segment
- Years considered for the report
- Currency
- Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
- Introduction
- Drivers
- Restraints
- Impact of COVID-19 pandemic
PART 5. MARKET BREAKDOWN BY PRODUCT
- Masks and respirators
- Gloves
- Face shields
- Gowns/aprons
- Goggles
- Others
PART 6. MARKET BREAKDOWN BY REGION
- Asia Pacific
- Europe
- North America
- MEA (Middle East and Africa)
- Latin America
PART 7. KEY COMPANIES
- Ansell Ltd.
- Cantel Medical Corporation
- Cardinal Health, Inc.
- DuPont de Nemours, Inc.
- Dynarex Corporation
- Hartalega Holdings Bhd.
- Honeywell International Inc.
- Kimberly-Clark Corporation
- Lakeland Industries Inc.
- Medline Industries, LP
- The 3M Company
- Top Glove Corporation Berhad
Related Report:
Global Medical Personal Protective Equipment (PPE) Market Insights, COVID-19 Impact, Competition and Forecast to 2025
Global Medical Personal Protective Equipment (PPE) Market was valued at USD 4907.2 Million in the year 2019. Escalating number of cases related to communicable diseases with growing prevalence of Influenza, Hepatitis supported by ever growing geriatric population and companies making huge investments in incorporating advanced technology in order to offer high quality, latest technology products to hospitals and healthcare units with growing transmission of coronavirus across the world anticipated to infuse growth in the market for Medical Personal Protective Equipment (PPE) during the forecast period of 2020-2025.
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