Trending Report: Respiratory Masks (N95 Respirators, Surgical Masks, And Others) Market 2020-2030 COVID-19 Impact on Top Players : Honeywell, The 3M Company, Kimberly-Clark Corporation, Ansell Limited, Owens & Minor, Inc.

Respiratory Masks (N95 Respirators, Surgical Masks, And Others) Market: Covid 19 Implications And Growth - By Type (N95 Respirators, Common Grade Surgical Masks And Non-Medical Grade Respiratory Masks), By End-User (Hospitals And Clinics, Individual, Industrial, And Others), By Distribution Channel (Hospitals, Retail And Online Pharmacies), And By Region, Opportunities And Strategies – Global Forecast To 2035 By The Business Research Company

The global respiratory masks (N95 respirators, surgical masks, and others) market is expected to grow from $2,860.0 million in 2019 to about $12,155.0 million in 2020 as there is a massive surge in demand owing to the preventive measures being taken across the globe against the spread of Covid-19. The market is expected to stabilize and reach $6,653.2 million at a CAGR of 23.5% between 2019 and 2023.

The key drivers of the respiratory masks (N95 respirators, surgical masks, and others) market include:-

Impact Of Coronavirus:
The unprecedented outbreak of coronavirus is expected to drive the market for N95 respirators and surgical masks in the forecast period. COVID-19 is a highly infectious disease that spreads when a person comes in contact with an infected person or a surface used by the infected person. As of 9th May 2020, there were 4.03 million confirmed corona cases globally, and this number is expected to increase further . N95 respirators and surgical masks limit the transmission of coronavirus by blocking droplets. With the rapid spread of the disease, the World Health Organization (WHO) is recommending the use of masks to control the spread of the disease. Rapid increase in the number of corona confirmed cases coupled with the growing awareness among the people will drive the market for respiratory face masks in the forecast period.

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Respiratory Masks (N95 Respirators, Surgical Masks, And Others) Market Segmentation:-
The respiratory masks (N95 respirators, surgical masks, and others) market is segmented by type, by end user, by distribution channel and by geography.
By Type- The respiratory masks (N95 respirators, surgical masks, and others) market can be segmented by type
a) N95 Respirators
b) Common Grade Surgical Masks
c) Non-Medical Grade Respiratory Masks
The N95 respirator market was the largest segment of the masks market, accounting for 41.2% of the total in 2019. It was followed by common surgical masks. Going forward, the fastest-growing segments in the respiratory masks (N95 respirators, surgical masks, and others) market will be non-medical masks and common grade surgical masks, where growth will be at CAGRs of 24.13% and 23.43% respectively.

By End-User- The respiratory masks (N95 respirators, surgical masks, and others) market can be segmented by end-user
a) Hospitals And Clinics
b) Individuals
c) Industrial
d) Others
The individual market was the largest segment of the masks market, accounting for 33.8% of the total in 2019. It was followed by the hospitals and clinics market and industrial. Going forward, the fastest-growing segments in the respiratory masks (N95 respirators, surgical masks, and others) market will be the others segment and the hospital and clinics segment, where growth will be at CAGRs of 27.7% and 23.07% respectively.

By Distribution Channel- The respiratory masks (N95 respirators, surgical masks, and others) market can be segmented by distribution channel
a) Hospitals Pharmacies
b) Retail Pharmacies
c) Online Pharmacies
The retail pharmacies market was the largest segment of the masks market, accounting for 40.1% of the total in 2019. It was followed by the hospitals pharmacies and online pharmacies. Going forward, the fastest-growing segments in the respiratory masks (N95 respirators, surgical masks, and others) market will be the retail pharmacies and online pharmacies, where growth will be at CAGRs of 23.9% and 23.4% respectively.

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By Geography - The respiratory masks (n95 respirators, surgical masks, and others) market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

Some of the major key players involved in the respiratory masks (n95 respirators, surgical masks, and others) market are
• Honeywell
• The 3M Company
• Kimberly-Clark Corporation
• Ansell Limited
• Owens & Minor, Inc.

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