Emergence of Covid-19 to Augment Growth of N95 Grade Medical Protective Masks Market - Coherent Market Insights (CMI)
High prevalence of infectious diseases is expected to propel growth of the global N95 grade medical protective masks market over the forecast period. For instance, according to the World Health Organization, in 2018, India reported around 2.69 million cases of tuberculosis.
Emergence of Covid-19 is expected to offer lucrative growth opportunities for players in the global N95 grade medical protective masks market. For instance, globally, as of 3:33pm CET, 17 November 2020, there have been 54,771,888 confirmed cases of COVID-19, including 1,324,249 deaths, reported to the World Health Organization. The Covid-19 pandemic also led to shortage of N95 respirators. This in turn led to R&D in reusability of the N95 respirators. For instance, in March 2020, researchers from Yele University reported that hydrogen peroxide vapor sterilization can be used for N95 respirators reuse.
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The global N95 grade medical protective masks market is witnessing significant changes in the regulation post the Covid-19 pandemic. For instance, in March 2020, The Centers for Disease Control and Prevention stated that consideration can be made to use N95 respirators beyond the manufacturer-designated shelf life for the care of patients with COVID-19, tuberculosis, measles, and varicella.
The N95 grade medical protective masks market is expected to witness significant growth opportunities with the increasing adoption of safe healthcare protective devices, owing to rising awareness amongst the people about the benefits offered by N95 masks. As per China standards, KN95 is the equivalent respirator of N95. In the ongoing COVID-19 pandemic, China is one of the worst affected countries and is producing the masks at a rapid rate.
Major players operating in the global N95 grade medical protective masks market include The 3M Company, Honeywell International Inc., Kimberly-Clark Corporation, Cardinal Health, Inc., Kowa Company Ltd., Shanghai Dasheng, WPT Nonwovens, Vogmask, Hakugen Co. Ltd, Sinotextiles Corporation Limited, and The Gerson Company.
March 2020: WPT Nonwovens announced its plans to increase the production of surgical masks and N-95 respirator masks for managing the COVID 19 crisis.
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.
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