Global Healthcare Personal Protective Equipment Market Growth Rate of 30%
The global healthcare personal protective equipment (PPE) market is expected to grow from $5.99 billion in 2019 to $7.83 billion in 2020 at a rate of 30.80%. The significant growth is mainly due to the COVID-19 outbreak and the measures to contain it. PPE is in huge demand by care providers, owing to the growing number of COVID-19 cases. The market is expected to stabilize and reach $11.45 billion in 2023 at a rate of 13.5%. The rapid surge in coronavirus cases is generating huge demand for PPEs to protect health workers from infections in their daily medical operations. However, the disruption in the global supply chain of raw materials of PPE due to extending lockdown and closure of companies manufacturing and supplying them, and constraints in supply and logistics including ban on export in most of the countries is hindering the manufacturing of PPE, despite its high demand.
The healthcare personal protective equipment market consists of the sale of personal protective equipment used in healthcare settings. The market consists of revenue generated by the companies that manufacture healthcare personal protective equipment by the sales of these products.
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The global healthcare PPE market is further segmented based on type and geography.
By Product: Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection
By End-Use: Hospitals And Clinics, Ambulatory Surgical Centers, Academic And Research Institutes, Diagnostic Laboratories, Others.
By Geography: The global healthcare PPE market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American healthcare PPE market accounts for the largest share in the global healthcare PPE market.
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Trends In The Healthcare Personal Protective Equipment Market
In April, 2020, 3M, a renowned PPE manufacturer, collaborated with Ford for producing a powered air purifying respirator (PAPR) design and partnered with a diesel engine manufacturer, Cummins, for additional high efficiency particulate filters for using in its PAPRs in order to meet the increased demand for PPEs during the pandemic outbreak to protect health care professionals on the front lines fighting COVID-19.
Healthcare Personal Protective Equipment Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides healthcare PPE market overviews, analyzes and forecasts healthcare PPE market size and growth for the global healthcare PPE market, healthcare PPE market share, healthcare PPE market players, healthcare PPE market size, healthcare PPE market segments and geographies, healthcare PPE market trends, healthcare PPE market drivers and healthcare PPE market restraints, healthcare PPE market’s leading competitors’ revenues, profiles and market shares. The healthcare PPE market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.