Product Code: RP-ID-10346997 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10346997
Market Overview:
Global Medical Protective Equipment Market Size study, by Type (Protective Clothing, Face Protection, Eye Protection and Others), End-User (Hospital, Home Healthcare, Outpatient/Primary Care Facilities, and Others) and Regional Forecasts 2020-2027
Global Medical Protective Equipment Market is valued at approximately USD 12.9 billion in 2019 and is projected to grow with more than 12.4 % growth rate over the forecast period 2020-2027. Medical Protective Equipment is a special equipment that is worn to protect a person from infection. Continuous surge in the Covid-19 cases has made it mandatory for the healthcare workers to use the Medical Protective Equipment; hence its market is expected to grow significantly. The government organizations have been extending support to PPE manufacturers and suppliers. For instance, in April 2020, UNICEF launched a joint tender for PPE supplies on behalf of other UN organizations. Further, increasing population, increase in infectious diseases, better strategic development between hospitals and medical protective equipment providers and increase in awareness about healthcare insurance policies to public, which helps in more use of healthcare services and leads to the adoption of Medical Protective Equipment across the forecast period. However, high environment costs, as they are made up of plastic materials like plastic disposal and strict regulations on its use impedes the growth of the market over the forecast period of 2020-2027. Also, Opportunity with systematic disposal of plastics and manufacture of medical protective equipment from bio-based materials will lead the adoption & demand for Medical Protective Equipment is likely to increase.
The regional analysis of global Medical Protective Equipment Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the already awareness in public about the safety from infectious diseases coupled with the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising consumer expenditure, rising incidences of infectious diseases and improving healthcare & manufacturing infrastructure would create lucrative growth prospects for the Medical Protective Equipment Market across Asia-Pacific region.
Major market player included in this report are:
3M
Baxter International Inc.
Boston Scientific Corporation
Dentsply Sirona, Inc.
DePuy Synthes, Inc.
Derekduck Industry Corp.
Ethicon, Inc.
Medtronic
Stryker Corporation
Zimmer Biomet Holdings, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Protective Clothing
Face Protection
Eye Protection
Others
By End-User:
Hospital
Home Healthcare
Outpatient/Primary Care Facilities
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Medical Protective Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
3M
Baxter International Inc.
Boston Scientific Corporation
Dentsply Sirona, Inc.
DePuy Synthes, Inc.
Derekduck Industry Corp.
Ethicon, Inc.
Medtronic
Stryker Corporation
Zimmer Biomet Holdings, Inc.
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