Healthcare Personal Protection Equipment (PPE) Market Size to Reach $9.08 billion by 2026 | CAGR 8.9%
The Global Healthcare Personal Protection Equipment Market is estimated to grow at a CAGR of 8.9% during the forecast period 2020-2026. As per the market study, the global market is estimated to cross $9.08 billion revenue by the end of the year 2026.
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Healthcare Personal Protective Equipment (PPEs) are protective used by healthcare workers or person in infected zone or near to infected patient such as workers involved in sanitization work, waste management, distribution work, community care and crematory work among others. PPE gears are used to minimize the exposure to biological agents and to prevent the transmission of infectious diseases. The protective gear includes various components such as goggles, shoe cover, head cover, coverall/gowns (with or without aprons), gloves, mask, face-shield and others. However, high cost of healthcare PPE kits and skin related issues while or after using PPE are some factors that may hinder the market growth during the forecast period.
The Global Healthcare Personal Protection Equipment Market is driven by various growth factor such as increasing government initiatives to facilitate the import of personal protective equipment, rapid technological advancements in the form of standardizing procedures and High-Reliability Organizing (HRO), growth in number of domestic market players considering the domestic players PPE manufactures, increasing production of integrated and cost-effective PPE and growth in demand for protective clothing, respiratory protection and hand protection in the healthcare industry to boost safety during the ongoing COVID-19 pandemic.
Segmentation Overview of the Global Healthcare Personal Protection Equipment Market
The Global Healthcare Personal Protection Equipment Market is segmented into various segments that include Product and End Use. These market segments are further categorized into various sub-segments to study the market in detail.
The Product Segment of the Global Healthcare Personal Protection Equipment Market is Sub-Segmented into:
Protective Clothing
Respiratory Protection
Head, Eye and Face Protection
Protective Footwear
Hand Protection
Others
The End Use Segment of the Global Healthcare Personal Protection Equipment Market is Sub-Segmented into:
Hospitals and Clinics
Ambulatory Surgical Centres
Academic and Research Institutes
Diagnostic Laboratories
Others
Geographical Overview of the Global Healthcare Personal Protection Equipment Market
On the basis of geographical segmentation, the global healthcare personal protection equipment market was studied across North America (U.S., Canada); Europe (Germany, UK, France, Italy, Rest of Europe); Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC); Latin America (Brazil, Mexico); Middle East & Africa. As per the analysis, the North American market dominated the global market. The regional dominance is due to increasing concerns considering the health and safety of healthcare professionals and increasing government initiatives. Also, increasing prevalence of COVID-19 pandemic is highly contributing to the regional growth over the forecast period. Moreover, the Asia-Pacific region is estimated to grow at fastest growth rate with highest CAGR during the forecast period. The regional growth is attributed to high target population, increasing focus of government towards healthcare facilities and technological advancements considering the production procedure of the healthcare PPE.
Key Players Insights
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 (US) are some major players included in the research study of the global healthcare personal protection equipment market.
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