What is the future scenario of global Surgical Masks market?

Surgical Masks Market Snapshot:

The surgical masks market was valued at USD 73.1 billion in 2019 and is expected to grow with a CAGR of 7.3% during the forecast period, 2020–2029.

Surgical masks are made of natural fibers such as cotton, disposable linen, and synthetic materials like polypropylene. They are composed of different layers that integrate a hydrophobic outer layer, a middle filtering layer, and an inner hydrophilic layer to absorb fluid and moisture. Several efforts are taken by the manufacturers to improve the quality of surgical masks against harmful bacterial infections in the last few years.
The shortage of surgical masks has compelled the manufactures to devise novel solutions. For instance, the University of Nebraska Medical Center developed a UV light tower that disinfects the masks and can be used again. The surgical masks market’s most prominent driver is the need for maintaining quality standards in the healthcare sector.

The COVID-19 has created a surge in demand for personal protective equipment (PPE) in Canada, such as surgical masks. The government of Canada is actively working with the manufacturers to develop surgical and N95 masks and bridge the demand and supply gap across the country. The government is also procuring surgical masks from reputable suppliers located abroad. The National Research Council of Canada is seeking alternative solutions with a key focus on the industrial production of efficient filtration material to manufacture surgical masks in Canada. 

The Central Epidemic Command Center (CECC) announced an online ordering mechanism to ensure better distribution and convenient purchase of surgical masks among customers.

The U.S. government is consistently working with the private sector to develop and test a new mechanism to the existing distribution channel such as pharmacies contracted by the National Health Insurance Administration coupled with local public health centers.

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The Major Prominent Players Covered in this Report:
3M Company
Thea-Tex Healthcare (India) Pvt. Ltd.
Medicare Hygiene Limited
Z Plus Disposable
Cartel Healthcare Pvt. Ltd.
Premium Health Care Disposables Private Limited
Mediblue Health Care Private Limited.
Plasti Surge Industries Pvt. Ltd.
Medline Industries Inc.
Kwalitex Healthcare Private Limited 
Shree Medicare Products
Salus Technologies Pvt. Ltd.
Good health Inc.
Gaurav SanjivaniTechnicals
Jullundur Enterprises
Neelkanth Healthcare (P) Ltd.
Masmed Medical Devices

By Product, Basic surgical masks, Anti-fog surgical masks, Fluid/splash surgical masks, N95 masks By Distribution Channel, Hospital and clinics, Drug stores, Online stores

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Surgical Masks in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Surgical Masks market during the forecast period 2020-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Surgical Masks and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Surgical Masks. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Impact of COVID-19 -
The COVID-19 outbreak has accelerated the demand for surgical masks across the globe. However, the sudden surge in demand has created a shortage of surgical masks, and the prices have skyrocketed due to the disruption in the supply chain. China produces about half of the world’s masks. Currently, the county has kept most of its inventory to tackle the COVID-19 outbreak. The American Health Care Association and National Center for Assisted Living estimated that surgical masks supply will decelerate by 20% in the coming weeks. Since there is a shortage of surgical masks, the demand for spoof masks has been witnessing a significant surge due to their cost-effectiveness and easy availability. The Food and Drug Administration (FDA) has recommended continuing the use of surgical masks beyond the shelf-life in a setting with low chances of transmission. The Center for Disease Control and Prevention (CDC) has suggested homemade masks like ‘scarves.’ Additionally, the governments and manufacturers across the globe are actively participating in addressing the shortage of surgical masks. For instance, in the U.S., the government has urged the automobile manufacturers to manufacture surgical masks and other personal protective equipment.

Key Developments:
3M is actively working on expanding its current product portfolio. The company’s product portfolio includes 3MAura Health Care Particulate Respirator and Surgical Mask 1870+, N95, 120 EA/Case. The company is committed to supporting public health organizations to combat the COVID-19 pandemic.

Cardinal Health developed ASTM Level 1 and Level 3 masks to combat the COVID-19 pandemic. The masks are designed for the standard procedural surgical tasks and are cost-effective.

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

Key Surgical Masks Market Trends:
- The report identifies, determines, and forecasts the Global Surgical Masks Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Surgical 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 Surgical Masks Market.

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