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Revenue Boom Expected in Global Surgical, Face, and Respiratory Mask Market During 2020–2030

11-16-2021 07:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Revenue Boom Expected in Global Surgical, Face, and Respiratory

The global surgical, face, and respiratory mask market revenue stood at $2,141.3 million in 2019, and it is predicted to rise to $15,696.2 million by 2030. Furthermore, the market will grow at a CAGR of 5.7% from 2020 to 2030, as per the forecast of P&S Intelligence, a market research firm based in India. The growing incidence of airborne diseases, surging geriatric population, rising demand for surgeries, and escalating air pollution levels are the major market growth drivers.

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Apart from the above-mentioned factor, the surging population of ageing people and the growing public awareness about the harmful effects of air pollution are also driving the demand for surgical, face, and respiratory masks across the globe. Depending on product type, the surgical, face, and respiratory mask market is divided into surgical and respiratory mask categories. Of these, the surgical mask category is predicted to register the faster growth in the market in the upcoming years.

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This is attributed to the growing prevalence of airborne diseases and the increasing number of surgeries being performed globally. Moreover, because of the ongoing COVID-19 pandemic, the sales of these masks are shooting up, as they help in reducing the spread of the infection. When end user is taken into consideration, the surgical, face, and respiratory mask market is divided into hospitals, ambulatory surgery centers (ASCs), individuals, and clinics categories.

Hence, it can be safely said that the market will grow rapidly in the coming years, owing to the growing incidence of airborne and lung diseases, surging population of ageing people, the COVID-19 pandemic, and the increasing public awareness about the various benefits of wearing masks.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com

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