Press release
Surgical And Respiratory Masks Market 2022 Global Industry Sales, Supply, Consumption, Demand, Analysis and Forecasts to 2030
Surgical And Respiratory Masks Market 2022The global surgical and respiratory masks market is expected to expand at an impressive CAGR of 8% during the forecast period of 2022 to 2030, to be valued around US$ 6.7 Bn by 2030.
Surgical and respiratory masks are playing a crucial role during the COVID-19 pandemic and for the prevention of other diseases too. These masks are the most effective and economic non-pharmaceutical intervention measure to curb the spread of infection, which has been made mandatory to wear in public by various governments. Surgical masks are an inevitable requirement in hospitals, and respiratory masks provide high-end protection from pathogenic microbes and viruses, which eventually contrives toward massive demand from public and healthcare workers. Escalated production, mass procurements, recent product launches, and innovative features by key players are major factors anticipated to fuel market growth.
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Key Players:
The report has profiled some of the important players prevalent in the global like - Cardinal Health, 3M, Honeywell International Inc., Kimberly-Clark Worldwide, Prestige Ameritech, Alpha Pro Tech, Moldex-Metric, Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Surgical and Respiratory Masks Market
Key Takeaways from Surgical and Respiratory Masks Market Study
Respirators contributed for a larger revenue share than surgical masks in the global surgical and respiratory masks market in 2019, owing to their advanced filters, high adoption rate, high-end protection from viruses and toxic gases, and higher cost.
Reusable surgical and respiratory masks are anticipated to grab notable share in the usage segment due to their massive acceptance, cost-effectiveness, and eco-friendly nature.
Institutional sales held more than half of the value share of the distribution channels in the global surgical and respiratory masks market, due to preference for their quality and originality.
North America dominates the revenue share of the global surgical and respiratory masks market, and is expected to be more lucrative with massive demand for surgical and respiratory masks to prevent contagious respiratory diseases.
Global downturns, looming economy, high expenses of masks, counterfeit respirators, and scarce availability are anticipated to decelerate the growth of the global surgical and respiratory masks market.
The COVID-19 outbreak has rocked the growth of the global surgical and respiratory masks market, driven by massive demand for these masks for protection purposes.
"Massive demand driven by the COVID-19 pandemic and other chronic diseases, along with product launches by key players to provide advanced and safer protection are projected to propel the growth of the global surgical and respiratory masks market," says a PMR analyst.
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Consolidation Activity - Imperative Strategy followed by Market Players
The global surgical and respiratory masks market is experiencing consolidation activities by manufacturers, which include collaborations, acquisitions, and partnerships. Manufacturers have deliberated focus on expanding production capacity to deliver massive number of units in lesser time. For instance, on 14th April 2020, 3M collaborated with Cummins to elevate the production of powered-air purifier respirators to fulfil the massive demand for respirators.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Surgical and Respiratory Masks Market Manufacturers
Surgical and Respiratory Masks Market Distributors/Traders/Wholesalers
Surgical and Respiratory Masks Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in the Surgical and Respiratory Masks Market Report
How is the Surgical and Respiratory Masks Market expected to grow over the projected period?
What direction is the Surgical and Respiratory Masks Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Surgical and Respiratory Masks Market in future?
What are the key market drivers in the Surgical and Respiratory Masks Market?
What are significant opportunities and improvement areas for Surgical and Respiratory Masks Market manufacturers?
What are the key developments and trends taking over the Surgical and Respiratory Masks Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Surgical and Respiratory Masks Market?
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PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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