Global N95 grade medical protective masks market size to exhibit 6.03% CAGR through 2027
Global N95 Grade Medical Protective Masks Market - Overview
The research report on ‘global N95 grade medical protective masks market’ offers crucial insights such as the primarily growth stimulants, challenges & limitations and other expansion trends that are projected to formulate the growth rate of this business vertical over the period of 2020-2027. It also provides a comparative assessment of the historical data and prevailing market trends.
As per authentic predictions, global N95 grade medical protective masks market had reached USD 816.4 million mark in 2019 and is likely to witness a y-o-y growth rate of 6.03% between 2020 and 2027. This rapid expansion is primarily driven by mounting pollution levels, rising cognizance regarding the product’s benefit, and widespread outbreak of COVID-19 disease.
The research document elaborates on the different market segmentations such as type, application reach, and regional outlook and highlights their relevant contribution towards the overall market expansion. Apart from this, the study also analyzes the impact of COVID-19 outbreak on the remuneration scale of this business domain.
For those unfamiliar, N95 grade medical protective masks are primarily used to filter airborne particles and improve the air quality while breathing. These masks can be used for industrial, medical as well as other purposes. Thus, increasing utilization of such masks by construction labor in order to prevent themselves from sand, dust and other hazardous particles is also stimulating global N95 grade medical protective masks industry outlook.
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N95 grade medical protective masks can block around 95% micron particles and are widely recommended to be used by patients with respiratory diseases. Additionally, increasing levels of pollution across the globe have impelled the adoption of such masks, further fueling worldwide N95 grade medical protective masks industry size.
It is worth mentioning that not all hazardous microns are filtered by N95 masks. In addition to this, availability of alternatives could potentially act as a bottle neck to the growth of global N95 grade medical protective masks industry.
Effect of COVID-19 outbreak
The advent of Coronavirus pandemic has propelled the demand for N95 grade medical protective masks across the globe. Several healthcare professionals and scientists recommend using such masks in order to prevent acquiring the COVID-19 virus. Thus, ever-increasing cases of COVID-19 coupled with high awareness pertaining to safety measures are favoring global N95 grade medical protective masks industry outlook.
Highlighting the market segmentations
Global N95 grade medical protective masks market is categorized on the basis of type, application and regional outlook. Speaking of type, the market is further divided into without exhalation valves and with exhalation valves segments.
The application scope of the overall market consists of industrial, personal care/individual, and hospitals & clinics.
To access a sample pages of this report titled “Global N95 Grade Medical Protective Masks Market Size study, by Type (With Exhalation Valves, Without Exhalation Valves), by Application (Hospitals & Clinics, Personal care/individual, Industrial) and Regional Forecasts 2020-2027” in detail along with the table of contents, please click the link below:
Considering the geographical landscape
North America currently accounts for the largest market share and is estimated to generate consistent returns throughout the forecast period, primarily driven by mounting COVID-19 cases and high cognizance regarding safety measures.
Meanwhile, Asia-Pacific is likely to generate lucrative revenues for worldwide N95 grade medical protective masks industry in the upcoming years, owing to increasing health awareness, mounting pollution levels, and widespread concerns of acquiring COVID-19.
Global N95 Grade Medical Protective Masks Market by Type (Revenue, USD Billion, 2017-2027)
- Without Exhalation Valves
- With Exhalation Valves
Global N95 Grade Medical Protective Masks Market by Application Reach (Revenue, USD Billion, 2017-2027)
- Personal care/individual
- Hospitals & Clinics
Global N95 Grade Medical Protective Masks Market Geographical Scope (Revenue, USD Billion, 2017-2027)
- United States
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
Rest of the World
Global N95 Grade Medical Protective Masks Market Competitive Landscape (Revenue, USD Billion, 2017-2027)
- Honeywell International Inc.
- Shanghai Dasheng Health Products Manufacture Co. Ltd.
- Dach Medical Group GmbH
- CM Company Inc.
- Kowa Company Ltd.
- Kimberly-Clark Corporation
- 3M Co.
- Cardinal Health Inc.
Protective Face Masks Market, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Protective Face Mask Market size is poised to witness over -10% CAGR between 2020 and 2026, as per new research report. With increasing cases of COVID-19 infections and growing awareness regarding personal protective equipment, the protective face masks market is set to witness tremendous growth in coming years. Owing to the rise of COVID-19 infections across the world, the demand for face masks has increased significantly as efforts to protect the health care workers and patients from the coronavirus keep increasing. From a regional frame of reference, the Latin America protective face masks market was valued at more than $80 million in 2019 and will continue to show substantial growth. Middle East & Africa protective face masks market is estimated to reach $75 million by 2026.
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