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Healthcare Personal Protective Equipment Market Detailed Analysis of Current Industry Figures with Forecasts Growth till 2027

12-18-2023 08:09 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

AMR

AMR

Allied Market Research recently dropped some knowledge on the healthcare personal protective equipment (PPE) market, revealing that it raked in $12.9 billion in 2019 and is expected to hit a whopping $33.4 billion by 2027. That's a CAGR of 12.4%-not too shabby!

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž: https://www.alliedmarketresearch.com/request-sample/6741

The surge in demand for healthcare PPE, thanks to our unwelcome friend COVID-19, has been a major player in this growth. The report highlights the rise in investments from both public and private sectors to meet the soaring demand for PPE kits. However, it's not all rainbows and butterflies; there's a dark side too. The environmental impact of PPE materials is a downer, but fear not-bio-material-based PPE kits are on the horizon to save the day.

Speaking of COVID-19, the pandemic has triggered a global hunt for face masks, gloves, goggles, gowns, coveralls, and face shields. North America and Europe have been outsourcing their PPE needs to Asian countries like China and Malaysia, though there were some hiccups due to lockdowns messing with the supply chain.

In the PPE fashion show, protective clothing stole the spotlight in 2019, making up more than a third of the market share. But keep your eyes on respiratory protection-it's predicted to have the highest CAGR of 14.0%, thanks to the newfound love for face masks in the COVID era.

Hospitals are the cool kids in the end-user category, holding more than two-fifths of the market share in 2019. They're expected to keep their crown with the highest CAGR of 13.1%, all thanks to the ease of getting healthcare insurance services.

Now, let's talk geography. North America flexed its muscles, claiming over a third of the healthcare PPE market in 2019 and planning to keep its throne. But don't count out Asia-Pacific, set to grow at the highest CAGR of 13.7% from 2020 to 2027, thanks to affordable primary healthcare services and investments in healthcare infrastructure.

And in the market player spotlight, we have stars like Med-Con Pty Ltd., Ansell Limited, DuPont de Nemours Inc., and others strutting their stuff.

๐Ž๐›๐ญ๐š๐ข๐ง ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/healthcare-ppe-market-A06376

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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