Press release
Facial Mask Market 2022 Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast to 2030
A substantial change in the burden of respiratory diseases such as chronic obstructive pulmonary diseases (COPD) and asthma has been observed, which will widen opportunities for manufacturers in the facial mask market.
Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/32028
Medical mask market growth has been massive during the COVID-19 pandemic, as personal protection equipment (PPE) is the need of an hour. The COVID-19 pandemic has had a positive impact on the growth of the facial mask market. Demand for N95 respiratory and surgical masks has been surging throughout the pandemic.
The global facial mask market is slated to expand at a CAGR of close to 5%, and cross a valuation of US$ 7 Bn by 2030-end.
Company Profiles:
3M Co
Honeywell International Inc
Dragerwerk AG & Co KgaA
Fisher & Paykel Healthcare Corporation Ltd.
Air Liquide Medical Systems
Cardinal Health
Koninklijke Philips NV
CAntel Medical Corp
Teleflex Inc.
ResMEd
Well Lead Medical Co Ltd
Ambu AS
Vincent Medical
Flexicare Medical Ltd
SunMed LLC
Besmed
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/32028
Key Takeaways from Facial Mask Market Study
Based on product, anesthesia masks is the most profitable segment, and holds around half the market value share. This is due to increasing number of surgeries that require anesthesia administration.
In terms of usage, reusable facial masks is the leading segment, and is expected to grow 1.6X over the forecast period. Reusable masks are cost-effective and pose lower environmental burden.
During the COVID19 pandemic, many manufactures from Europe realized the potential of revenue growth and took the opportunity to launch various medical masks and respirators.
Among the various distribution channels, hospitals and retail pharmacies lead the facial mask market. Hospitals are major consumers of facial masks due to high number of surgical procedures.
"Rising prevalence of chronic diseases, especially respiratory disorders, growing burden of surgeries, and increasing awareness regarding personal and patient safety are factors expected to boost the growth of the global facial mask market. The COVID-19 pandemic has boosted market growth due to the unstoppable demand for facial masks. Due to this impact, year-on-year growth has increased to 3.9% in 2020 from 3.7% in 2019," says a PMR analyst.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/32028
Growing Trends in Facial Mask Market
Rising awareness about effective respiratory protection and management in developed countries such as the U.S. and U.K. are seen with promotional advertisements and training programs about the usage of facial masks. Such awareness programs will help in educating people and will ultimately surge the growth of the facial mask market.
Growing preference for non-invasive ventilation masks and circuits for long-term oxygen therapy patients has also been seen in recent times. This has reduced hospital and ICU stays. Growing popularity of these masks will propel facial mask market growth.
Expansion of Manufacturing Capabilities and New Product Launches - Key Strategies by Market Players
Key players in the facial mask market are expanding their manufacturing capabilities to meet the unmet demand for facial masks. The pandemic scenario has encouraged many manufacturers to focus on in-house production, and thus expand their market presence by reaching out to a larger population.
For instance, Honeywell expanded its face mask production In Europe with a new manufacturing line in the United Kingdom, in May 2020. In July 2020, Drager expanded its capability for respiratory masks and opened a production facility in the U.K.
With e-Commerce becoming a convenient sales platform for facial mask manufactures, sales will increase further in the future.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the facial mask market in its latest study, presenting historical demand assessment of 2015 - 2019 and projections for 2020 - 2030, based on product (medical masks [anesthesia masks, non-invasive ventilation masks, oxygen masks, and aerosol masks], respirators [single strap masks, filter dust masks, half-face masks, full-face masks, and PAPRs]) usage (reusable and disposable masks), and distribution channel (institutional sales [hospitals, ambulatory surgical centers, office-based clinics, skilled nursing facilities, diagnostic laboratories, and academic and research institutes] and retail sales [retail pharmacies, drug stores, mail over pharmacies, retail stores, and online sales]), across seven key regions.
Access PMR Exclusive Reports-
Eyewear Market- https://www.persistencemarketresearch.com/market-research/eyewear-market.asp
Public Relations Tools Market- https://www.persistencemarketresearch.com/market-research/public-relations-tools-market.asp
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About Us:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Facial Mask Market 2022 Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast to 2030 here
News-ID: 2666943 • Views: 185
More Releases from Persistence Market Research
Semiconductor Intellectual Property (IP) Market is set to increase at an estimat …
According to the semiconductor intellectual property (IP) industry analysis by Persistence Market Research, demand registered in the market is set to increase at an estimated CAGR of 6.8% from 2022-2032. The report also forecasts that the market reach a valuation of around US$ 6.3 Bn in 2022.
The consumer electronics market has seen significant increase in demand in recent years. Semiconductor IPs are found in a wide range of consumer electronic…
CCTV Camera Market is predicted to surge at a CAGR of around 12% from 2022 to 20 …
According to the CCTV camera industry analysis by Persistence Market Research, the global market is predicted to surge at a CAGR of around 12% from 2022 to 2032. The report reveals that the market is expected to reach a valuation of US$ 14.7 Bn by the end of 2022.
Talking of smart cities, security has become a crucial aspect. Authorities need to involve security solution experts at the initial planning stages…
Smartphones Market is set to increase at a healthy CAGR of 6.8% from 2022-2031
According to the smartphones industry analysis by Persistence Market Research, the market enjoyed a valuation of US$ 507.5 Bn in 2021, and is set to increase at a healthy CAGR of 6.8% from 2022-2031. Rising adoption of smartphones has been driving Internet penetration coupled with an exponentially rising e-Commerce market.
Growing demand for advanced technologies such as AI and machine learning happens to be one of the major factors driving the…
Off-Street Parking Management System Market is set to surge at an estimated CAGR …
The off-street parking management system industry analysis by Persistence Market Research forecasts the market to close in a valuation of US$ 1.85 Bn by the end of 2022. Demand registered in the market is set to surge at an estimated CAGR of 9.5% from 2022-2029.
Rise in the number of vehicles across countries is resulting in higher adoption of parking management systems. As the use of automation is rising in parking…