How will the N95 Masks Market look like in future?

N95 Masks Market:

N95 grade medical protective mask, a type of respiratory protective device, is designed to achieve efficient filtration of airborne particles. These masks can block at least 95% of 0.3 microns particles. Government policies, substantial investments in research and development, and availability of raw materials have influenced the market positively.
The rising demand for personal protective safety equipment, owing to the increasing prevalence of airborne diseases and higher adoption rates of masks due to growing awareness of the protective devices, will fuel the demand for the N95 masks across the globe. According to the World Health Organization WHO, air pollution causes around 7 million deaths worldwide due to high levels of pollutants that cause respiratory disorders.

The exhalation valve segment is anticipated to grab the largest market share, owing to substantial benefits associated with the devices. The masks help to reduce sweat and make it easy for breathing. As it is a consumer-centric product, it helps to raise the market demand. Besides, the product has been improvised by the addition of removal and re-attachment features, facilitating seamless attachment to any non-valve equipped N95 masks. Moreover, the newer upgradations in the product have enhanced the capability of re-usability that ultimately reduces costs to consumers, owing to increased shelf-life. The exhalation valves throw out the environmental waste from the mask.

The shortage of N95 masks has affected many clinics and hospitals in Germany whose health system is considered among the best worldwide. In order to avoid this, there are big calls for the central procurement authority; the German government opened processes for tenders that will tackle the administrative barriers and focus on speeding up the delivery. Under the process, suppliers must supply a minimum of 25,000 pieces of masks that guarantees a minimum standard quality and seamless arrangement for the delivery. Additionally, there is an assurance of standard prices for all domestic and international suppliers for protective masks. Furthermore, the government plans to establish a federal agency that will direct with the production and distribution of the masks across Germany.

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The Major Prominent Players Covered in this Report:
3M, Hakugen, Ansell, Sinotextiles, Shanghai Dasheng, Te Yin, Gerson, Honeywell, Vogmask, Kimberly-clark, Cardinal Health, KOWA, DACH, CM and among others.

By Product Type, Masks with Exhalation Valve, Masks without Exhalation Valve, By End Users, Hospitals & Clinics, Industrial, Personal, Others

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Latest Insights:
Ø CDC, the WHO, the surgeon general of the U.S., and the U.S Secretary of HHS have appealed that the general public should not use N95 face masks as it has led to the shortage of these masks for healthcare professionals

Ø On March 29, 2020, the FDA approved Battell’s process that will help decontaminate N95 face masks. The process is highly specialized to clean much needed N95 protective masks and allow them to be reused. Columbus Ohio-based Battelle used a “vapor-phase hydrogen peroxide” technique that decontaminates the masks used by the healthcare providers and others to prevent the spread of COVID-19

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2029, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key N95 Masks Market Trends:
- The report identifies, determines, and forecasts the Global N95 Masks Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the N95 Masks Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global N95 Masks Market.

Coronavirus’s Dramatic Impact on the N95 Masks Market - Considering the fact that the N95 mask can be one of the preventive measures in the protection and spread of the coronavirus, the prevailing pandemic situation is boosting the N95 mask market demand.

The public health officials are warning that stringent trade measures associated with the medical supplies worsen the shortfall and generates risk, making poorer nations more vulnerable to the coronavirus spread. In countries like Japan, doctors are directed towards reusing the N95 masks due to shortage and lack of supply. The population can support healthcare professionals by not creating an artificial shortage of such critical products.

Based on the production side in the worldwide market, it will be a strong challenge for the personal protective equipment (PPE) industry to meet the rising demand for face masks as the outbreak is spreading. As of now, China produces 200 million N95 masks per day. The production is 20 times more as compared to February. Among 200 million masks, only 6,00,000 are N95 standard masks; shortage still exists.

In the U.S., the government has not officially banned mask exports. The U.S. Department of Health and Human Services is committed to importing 500 million N95 respiratory masks over the next year. Moreover, the plan is to support the domestic manufacturer. There is a price estimation of more than USD 200 for a box of 10 N95 face masks in the U.S. The prices have been soaring in light of severe scarcity.

Key Questions Answered in The Report:
What will the N95 Masks market growth rate?
What are the key factors driving the global N95 Masks market?
Who are the key manufacturers in the N95 Masks market space?
What are the market opportunities, market risk, and market overview of the N95 Masks market?
What are sales, revenue, and price analysis of top manufacturers of the N95 Masks market?
Who are the distributors, traders, and dealers of the N95 Masks market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the N95 Masks Industry?
What are sales, revenue, and price analysis by regions of N95 Masks industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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