Rise in Healthcare Expenditure to Drive Surgical Masks Market's Growth

A recent study by Triton Market Research titled Global Surgical Masks Market includes the Global Analysis and Forecasts by End-user (Clinics, Academic & Research Centers, Diagnostic Laboratories, Hospitals), Type (Disposable, Reusable), Material (Polypropylene, Cellulose, Other Materials), Distribution Channel (Offline, Online), Product (N95 Masks, Fluid/Splash Resistant Surgical Masks, Antifog Surgical Masks, Basic Surgical Masks, Other Product Types), and Regional Outlook (Middle East and Africa, North America, Latin America, Europe, Asia-Pacific).

Surgical masks are utilized to provide proper protection against pathogens and prevent cross-contamination. They are provided to various end-users such as hospitals, clinics, diagnostic laboratories, and academic & research centers.

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Triton Market Research's report highlights that the global market for surgical masks is projected to develop at a CAGR of 10.2% during the forecasted period 2022-2028.

The adoption of novel practices in the healthcare industry has fueled the development of advanced medical care products such as surgical masks, protective clothing, and other devices. In addition, increasing disposable income in developing countries such as India, China, and Mexico is expected to enable its population to avail advanced healthcare services. Thus, rising healthcare expenditure is expected to contribute to the expansion of the surgical masks market.

Surgical masks are disposable medical products used to protect healthcare professionals from contaminants and limit the spread of infections.

However, these masks are being substituted with N95 respirators, which provide a better fit and efficient filtration of small droplets/airborne particles. Therefore, the availability of substitutes is anticipated to hinder the surgical masks market's development.

The surgical masks market is divided into end-user, type, material, distribution channel, and product. Based on end-user, it is divided into clinics, academic & research centers, diagnostic laboratories, and hospitals. The type segment is bifurcated into disposable and reusable. By Material, the market consists of polypropylene, cellulose, and other materials. The market by product is divided into N95 masks, fluid/splash resistant surgical masks, antifog surgical masks, basic surgical masks, and other product types. Lastly, by distribution channel, the market is segmented into offline and online.

The Asia-pacific is anticipated to be the fastest-growing region over the forecast period. In China, the healthcare industry is expected to grow rapidly owing to several factors, including an aging population, rapid urbanization, improving living standards, and expanding healthcare infrastructure.

Rising healthcare expenditure is also expected to contribute to the country's growth of the sector. For instance, in April 2020, the Asian Infrastructure Investment Bank (AIIB) approved a loan worth $352.2 million to support the public healthcare infrastructure in China post the COVID-19 pandemic. Thus, the factors mentioned above are expected to positively impact the growth of the surgical masks market.

Mediblue Health Care Private Ltd, Cardinal Health, Kimberly-Clark Corporation, Alphaprotech, Ansell Ltd, Magnum Health and Safety Pvt Ltd,3M, Venus Safety and Health Pvt Ltd, Kwalitex Healthcare Private Limited, O&M Halyard Inc, Z Plus Disposable, Medline Industries Inc, Dynarex Corporation, Crosstex International Inc, and Dupont De Nemours Inc are the prominent players in surgical masks market.

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Question & Answer: Surgical Masks Market

Question 1: What factors contribute to the expansion of the surgical masks market?
Answer: The adoption of novel practices in the healthcare industry has fueled the development of advanced medical care products such as surgical masks, protective clothing, and other devices. In addition, increasing disposable income in developing countries such as India, China, and Mexico is expected to enable its population to avail advanced healthcare services. Thus, rising healthcare expenditure is expected to contribute to the expansion of the surgical masks market.

Question 2: What factor is anticipated to hinder the surgical masks market's development?
Answer: Surgical masks are disposable medical products used to protect healthcare professionals from contaminants and limit the spread of infections. However, these masks are being substituted with N95 respirators, which provide a better fit and efficient filtration of small droplets/airborne particles. Therefore, the availability of substitutes is anticipated to hinder the surgical masks market's development.

Question 3: Which is the fastest-growing region in the surgical masks market?
Answer: The Asia-pacific is anticipated to be the fastest-growing region over the forecast period. In China, the healthcare industry is expected to grow rapidly owing to several factors, including an aging population, rapid urbanization, improving living standards, and expanding healthcare infrastructure.

Rising healthcare expenditure is also expected to contribute to the country's growth of the sector. For instance, in April 2020, the Asian Infrastructure Investment Bank (AIIB) approved a loan worth $352.2 million to support the public healthcare infrastructure in China post the COVID-19 pandemic. Thus, the factors mentioned above are expected to positively impact the growth of the surgical masks market.

Question 4: Which are the prominent players in the global surgical masks market?
Answer: Mediblue Health Care Private Ltd, Cardinal Health, Kimberly-Clark Corporation, Alphaprotech, Ansell Ltd, Magnum Health and Safety Pvt Ltd,3M, Venus Safety and Health Pvt Ltd, Kwalitex Healthcare Private Limited, O&M Halyard Inc, Z Plus Disposable, Medline Industries Inc, Dynarex Corporation, Crosstex International Inc, and Dupont De Nemours Inc are the prominent players in surgical masks market.

Related Report:

Global Surgical Retractors Market - https://www.tritonmarketresearch.com/reports/surgical-retractors-market

According to Triton Market Research, the global surgical retractors market is anticipated to develop with a CAGR of 6.01% during the forecast period 2022-2028.

According to the World Health Organization, 17.9 million people died from cardiovascular illnesses in 2019, accounting for 32% of all global deaths. Many individuals need medical attention and surgery to treat coronary heart disease, cerebrovascular disease, and others.

During these medical procedures, incisions must be made using surgical retractors to appropriately treat the patient. Retractors help surgeons keep the cavity open because the procedures are intricate and time-consuming. As a result, the demand for surgical retractors is likely to rise due to increasing medical procedures.

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