Medical N95 Face Masks Market Size, Share & Trends Analysis Report By Technology, By Product, By Application, And Segment Forecasts, 2021 – 2027 | 3M,Honeywell,Kimberly-clark,Makrite,Cardinal Health,DACH,KOWA,Ansell,Hakugen

In the forecast period 2021-2027, the “Medical N95 Face Masks Market” study extensively describes the demand and consumption of numerous products/services related to the growth dynamics of the market. In quantitative terms, a comprehensive market assessment of the many opportunities in the market segment is carried out. The Medical N95 Face Masks market covers several areas including constraints, issues and opportunities, as well as geographic considerations. Customers will benefit from this study because it provides historical and statistically significant data, which makes it useful and informative.

In accordance with the Medical N95 Face Masks marketplace is about to develop at a CAGR of 29.87% over the forecast period (2021-2027).

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Market Overview

The rise of respiratory diseases, which has led to the COVID 19 pandemic, is the substantial aspect responsible for the increase in the Medical Mask Market. Asthma and chronic obstructive pulmonary disease (COPD)  are noteworthy public health burdens. Specific methods of detection, intervention and treatment exist, which may curb the weight and promote health awareness. Currently, more than 25 people in the United States have asthma. 14.8 million adults have been diagnosed with COPD. The COVID 19 new cases have been 8 993 659 cases (133 326). The rise in the need for N95 respirators is boosting the market growth.
N95 respirators and surgical masks are examples of personal protective equipment that protects the wearer from airborne particles. The Centre for Disease Control and Prevention (CDC) and Health Administration (OSHA) also regulate the use of N95 respirators. The N95 masks are of vital importance since they follow the U.S. standard norms and regulations, and they can filter out 95% of small particles, which includes the droplets, which consist of the coronavirus. These are typically worn by medical workers and employees in factories. China is the leading consumer of N95 masks. There have been 60% online sales of medical masks in China.

Major Companies:

3M,Honeywell,Kimberly-clark,Makrite,Cardinal Health,DACH,KOWA,Ansell,Hakugen,Te Yin,Shanghai Dasheng,Uvex,Japan Vilene,CM,Gerson,Yuanqin,Owens & Minor,Moldex-Metric,Winner,Jiangyin Chang-hung,Suzhou Sanical,McKesson,Alpha Pro Tech

Recent Development:

3M has acquired 80 companies, including 5 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 19 assets. 3M’s largest acquisition to date was in 2019 when it acquired Acelity for $6.7B. Its largest disclosed sale occurred in 2019 when it sold Kindeva Drug Delivery to Altaris Capital Partners for $650M. 3M has been acquired in 22 different US states, and 17 countries. The Company’s most targeted sectors include manufacturing (25%) and medical products (18%).

Honeywell International has acquired 81 companies, including 16 in the last 5 years. A total of 16 acquisitions came from private equity firms. It has also divested 8 assets. Honeywell International’s largest acquisition to date was in 1999 when it acquired Honeywell for $13.8B. Its largest disclosed sale occurred in 2016 when it sold Honeywell Technology Solutions to KBR for $300M. Honeywell International has acquired in 26 different US states, and 13 countries. The Company’s most targeted sectors include manufacturing (13%) and software (11%).

Market Segmentation:

By Type:

Tie-On
Earloop

By Application:

Individual
Hospital & Clinic

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North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

In North America, the demand for medical safety equipment like face masks has increased over the years primarily due to increasing outpatient visits and the rising geriatric population. Other factors like an outbreak of COVID-19 also seem to impact the market positively for the short term.
As per the data of the American Hospital Association (AHA) in the United States, the number of hospital admissions in the country has continuously increased over the years. For instance, as per the report data, there were around 439.86 million outpatient visits in community hospitals in 1996, which increased to nearly 599.55 million by 2006, to 747.09 million in 2016, as per 2018 report by AHA. Also, As per the Canadian Institute for Health Information (CIHI), in 2019–2020, there were around 3 million acute inpatient hospitalizations in Canada, and the hospitalization rate was 7,699 per 100,000 in 2019–2020.

The Global Medical N95 Face Masks Market is further categorized by region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
The Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

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Objectives of this report:

To estimate the market size for the Medical N95 Face Masks market on a regional and global basis.
To identify major segments in the Medical N95 Face Masks market and evaluate their market shares and demand.
To provide a competitive scenario for the Medical N95 Face Masks market with major developments observed by key companies in the historic years.
To compare key elements governing the dynamics of the Medical N95 Face Masks marketplace with their capacity gravity at some point of the forecast period.

Reasons to Buy This Report:

Provides area of interest insights for selections approximately every feasible phase supporting withinside the strategic decision-making process.
Market length estimation of the Medical N95 Face Masks marketplace on a local and international basis.
A specific studies layout for marketplace length estimation and forecast.
Identification of primary corporations running withinside the marketplace with associated developments
Exhaustive scope to cowl all of the feasible segments supporting each stakeholder withinside the Medical N95 Face Masks

Impact of COVID-19 on the Medical N95 Face Masks Market:

The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.

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