Healthcare Personal Protection Equipment Market to Make Great Impact in Near Future by 2027
Author : Vinit Sawant | Published On : 17 May 2021
The global healthcare personal protection equipment market is likely to touch USD 10.116 billion at a 9.17% CAGR between 2019- 2027, according to the recent Market Research Future (MRFR) report. Personal Protective Equipment or PPE, simply put, are protective gears for offering protection to workers by decreasing the exposure to biological agents. Some of the components of PPE include shoe cover, coverall/gowns, gloves, mask, face shield, goggles, and others.
Various factors are propelling the global healthcare personal protection equipment market growth. Such factors, according to the new MRFR report, include growing demand for protective clothing, respiratory protection, and hand protection to ensure the safety of people at the time of the ongoing coronavirus pandemic, technological advances in surgery like High-Reliability Organizing, increasing initiatives by the government for increasing the imports of PPE, increasing production of integrated and cost-effective PPE, rising end user demand, and the emergence of several local PPE manufacturers.
On the contrary, high raw material cost and inadequate supply during the COVID-19 outbreak are factors that may limit the global healthcare personal protection equipment market growth over the forecast period.
Covid-19 Analysis /Covid-19 Impact on the Healthcare Personal Protection Equipment Market
Personal Protection Equipment are helping healthcare workers in fighting against COVID-19 pandemic. The WHO has suggested governments across the world to boost the production of coverall/gowns, respirators, gloves, and masks. Besides, the PPE manufacturers have been suggested to boost their production by about 40% as well as prioritizing their orders in countries having a huge demand-supply gap. The burgeoning demand for protective clothing, respiratory protection, and hand protection in the healthcare sector to ensure the safety of people during this outbreak is predicted to increase the demand for PPE.
The global healthcare personal protection equipment market in Europe is likely to possess the second-largest share during the forecast period for the increasing healthcare expenditure that is leading in increasing consumption and production of medical products and devices.
The global healthcare personal protection equipment market in the APAC region is predicted to grow at a fast rate over the forecast period. Factors fuelling market growth include a high target population, increasing focus of government towards healthcare facilities, and technological advances.
Notable players profiled in the global healthcare personal protection equipment market report include KOWA (Japan), Med-Con (Australia), priMED Medical Products, Inc. (Canada), Halyard Health, Kimberly-Clark Worldwide, Inc. (US), Plasti Surge Industries Pvt. (India), Alpha Pro Tech (Canada), Medisca Inc. (US), Crosstex International, Inc. (US), DuPont (US), Sterimed (US), Ansell (Australia), Medtronic PLC (Ireland), Honeywell International Inc. (US), and 3M.